Gold Price Today: Currently, the price of 24-carat gold in Mumbai, Chennai, and Kolkata is ₹125,080 per 10 grams. Goldman Sachs forecasts gold prices to reach $4,900 per ounce by December 2026.
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Gold Rate Today: Gold prices in India have increased on a weekly basis. The price of 24-carat gold has appreciated by ₹3,060 in a week, while the price of 22-carat gold has increased by ₹2,800. On November 16, the price of 24-carat gold in the capital, Delhi, was ₹1,25,230 per 10 grams. It is believed that strong global cues, a weak dollar, and the US government shutdown boosted gold prices during the week.
Now, the economic data released after the shutdown ends could prove to be the next major boost for gold. This is because economic data is expected to be weak. A significant increase in gold reserves in Shanghai was also a factor in the rise. Let’s find out the latest gold rates in some of the country’s major cities…
Gold Price in Delhi
The price of 24-carat gold in Delhi is ₹125,230 per 10 grams. The price of 22-carat gold is ₹114,800 per 10 grams.
Mumbai, Chennai, and Kolkata
Currently, the price of 22-carat gold in Mumbai, Chennai, and Kolkata is ₹114,650 per 10 grams, while the price of 24-carat gold is ₹125,080 per 10 grams.
Price in Pune and Bengaluru
In these two cities, the price of 24-carat gold is ₹125,080 per 10 grams, and the price of 22-carat gold is ₹114,650 per 10 grams.
| City | 22 Carat Gold Rate Today (₹) | 24 Carat Gold Rate Today (₹) |
| Delhi | 114800 | 125230 |
| Mumbai | 114650 | 125080 |
| Ahmedabad | 114700 | 125130 |
| Chennai | 114650 | 125080 |
| Kolkata | 114650 | 125080 |
| Hyderabad | 114650 | 125080 |
| Jaipur | 114800 | 125230 |
| Bhopal | 114700 | 125130 |
| Lucknow | 114800 | 125230 |
| Chandigarh | 114800 | 125230 |
According to a Bloomberg report, JPMorgan Private Bank projects that gold could reach $5,000 per ounce by 2026. According to Alex Wolf, the bank’s Global Head of Macro and Fixed Income Strategy, gold prices could reach $5,200 to $5,300 per ounce by the end of 2026. Goldman Sachs forecasts gold to reach $4,900 per ounce by December 2026. ANZ believes gold will reach $4,600 per ounce by the middle of next year.
Silver price
Silver prices have risen by ₹16,500 in a week. On November 16th, it reached ₹169,000 per kilogram. The spot price of silver in foreign markets has reached $52.03 per ounce. Domestic and international gold prices are influenced by both domestic and global factors.
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