Gold Rate:- Demand for gold and silver in India increases significantly during the festive and wedding season. On November 4, 2025, 24-carat gold was recorded at ₹12,333 per gram in Delhi. Meanwhile, 22-carat gold remained at ₹11,304, and 18-carat gold at ₹ 9,229 per 10 grams. Silver prices remained at ₹1,54,100 per kilogram. Gold and silver prices fell in early November, just before the wedding season began. If you’re considering buying gold jewellery, this could be a great opportunity.
Buying gold and silver during weddings is a long-standing tradition in India. You can take advantage of falling prices to purchase at a lower price. Let’s find out how much cheaper gold and silver have become today.
Gold and silver prices fall on MCX.
As of the 12:30 pm update on November 4, gold with a December 5 expiry date on MCX was trading at ₹120,685 per 10 grams, down about ₹724 from its previous closing price of ₹121,409. Gold declined by 0.6%.
Silver prices also declined. At 12:32 pm on November 4, silver was trading at ₹145,924 per kg, down ₹1,834 from its previous closing price of ₹147,758.
Gold and silver prices on IBJA
According to the Indian Bullion Jewellers Association (IBJA), 24-carat gold reached ₹120,419 per 10 grams on November 4. While 23-carat gold remains at ₹1,19,937 per tola, 22-carat gold is at ₹1,10,304 per 10 grams. Silver prices are recorded at ₹1,46,150 per kg.
It should be noted that the rates issued by the IBJA are the same across the country, but when purchasing jewellery, the price of gold increases due to the addition of making charges and 3% GST.