Gold Price: Gold prices rose on Tuesday. Along with gold, silver prices also jumped today. Gold and silver prices have been fluctuating continuously. Year over year, gold prices have risen by more than 50%. Weakness in the US dollar and expectations of a potential interest rate cut by the US Federal Reserve next month have once again attracted investors to safe havens. According to the India Bullion and Jewellers Association, 24-carat gold was available for ₹1,24,149 per 10 grams on Tuesday. 22-carat gold was available for ₹1,13,720 per 10 grams. 18-carat gold was available for ₹93,112 per 10 grams. Meanwhile, 14-carat gold was available for ₹72,627 per 10 grams.
Gold Rate at Tanishq
Tanishq is selling 22-carat gold for ₹1,16,150 per 10 grams on November 11, 2025. Tanishq is selling 18-carat gold for ₹95,030 per 10 grams. 24-carat gold is selling for ₹1,26,710 per 10 grams.
Gold Rate at Joyalukkas
24-carat gold is selling for ₹1,25,840 per 10 grams on November 11, 2025, at Joyalukkas. 22-carat gold is selling for ₹1,15,350 per 10 grams. 18-carat gold is selling for ₹94,380 per 10 grams.
Why are gold and silver prices rising?
Several factors are being cited as the reason behind the rise in gold and silver prices:
Global economic uncertainty and expectations of a reduction in US interest rates have driven investor demand for precious metals.
The weak US dollar has made gold and silver cheaper for international buyers, leading to a sudden increase in demand.
Concerns about the stability of the US economy have led investors to seek safer options, such as gold and silver.
How are gold and silver prices determined?
Gold and silver prices in the international market are determined in dollars, so a weakening rupee leads to higher prices in India.
Most of the gold is imported into India, which impacts prices due to import duty, GST, and local taxes.
Gold in India is not just an investment, but is also associated with tradition—demand for gold and silver increases during wedding and festival seasons.