The gold market in India witnessed a slight decline on Sunday, November 9, 2025, reflecting cautious investor sentiment amid global and domestic economic changes. This marginal drop comes as traders keep a close watch on international gold trends, inflation data, and currency movements—especially the fluctuations in the U.S. dollar.
Current Gold Prices in India
As of today, the price of 24K gold stands at ₹12,202 per gram, while 22K gold is available at ₹11,185 per gram, and 18K gold is priced around ₹9,152 per gram.
According to experts, this mild fall in gold prices is largely influenced by central bank monetary policies, interest rate expectations, and the ongoing geopolitical developments that shape investor confidence in precious metals.
Gold Prices Across Major Indian Cities
Gold rates vary across India, depending on local demand, transportation costs, and regional taxes. As per Goodreturns data, here are the latest prices from key cities:
| City | 24K Gold (₹/gram) | 22K Gold (₹/gram) | 18K Gold (₹/gram) |
|---|---|---|---|
| Delhi | ₹12,217 | ₹11,200 | ₹9,167 |
| Mumbai | ₹12,202 | ₹11,185 | ₹9,152 |
| Kolkata | ₹12,202 | ₹11,185 | ₹9,152 |
| Bangalore | ₹12,202 | ₹11,185 | ₹9,152 |
| Chennai | ₹12,328 | ₹11,300 | ₹9,425 |
These prices reflect minor differences driven by city-specific jewellery demand, festival season sales, and international gold spot rate variations.
Market Outlook
Analysts predict that gold may continue to trade within a narrow range in the coming weeks, as investors weigh inflation risks, interest rate trends, and global political developments.
Despite short-term fluctuations, gold remains a trusted hedge against inflation and economic instability, retaining its appeal among long-term investors and jewellery buyers alike.
Market watchers advise consumers to track daily gold price movements before making large purchases, as even a marginal shift can significantly affect jewellery costs and investment returns.
Conclusion
The minor dip in gold prices on November 9, 2025, highlights the market’s sensitivity to both global and domestic economic cues. As the festive season progresses, experts expect renewed buying interest that could stabilize or slightly lift prices.
Staying updated with real-time gold rates across cities helps consumers and investors make informed financial decisions in a volatile market.