Gold prices in India remained steady on Friday, November 14, with slight variations across major cities depending on local demand, taxes and market conditions. As per today’s update, the national average gold price is:
₹12,785 per gram for 24K (999) gold
₹11,720 per gram for 22K (916) gold
₹9,589 per gram for 18K (750) gold
These prices reflect the ongoing strength of gold as a preferred investment and jewellery metal, especially as the festive and wedding season drives purchasing activity.
City-Wise Gold Rates Today (Per Gram)
24 Carat Gold (Pure Gold – 999)
Chennai: ₹12,900
Delhi: ₹12,780
Mumbai: ₹12,760
Kolkata: ₹12,770
Bangalore: ₹12,740
Hyderabad: ₹12,750
22 Carat Gold (Jewellery Grade – 916)
Chennai: ₹11,820
Delhi: ₹11,710
Mumbai: ₹11,700
Kolkata: ₹11,710
Bangalore: ₹11,680
Hyderabad: ₹11,690
18 Carat Gold (Ornaments & Lightweight Jewellery – 750)
Chennai: ₹9,610
Delhi: ₹9,580
Mumbai: ₹9,540
Kolkata: ₹9,560
Bangalore: ₹9,520
Hyderabad: ₹9,530
(City rates may differ slightly depending on local jewellers and making charges.)
Why Gold Prices Matter Today
With consumers preparing for weddings, festive purchases and investment planning, gold demand traditionally peaks during October–January. A stable price range this week may encourage buyers, especially for:
Bridal jewellery
Gold coins and bars
SIPs and digital gold
Long-term investment portfolios
Analysts note that gold remains a safe-haven asset amid global economic uncertainty.
Factors Influencing Today’s Gold Prices
Several factors contributed to today’s pricing trend:
International spot gold movement
Dollar strength and global interest rates
Domestic demand in major cities
Import duties and local taxes
Market sentiment during festive season
Gold prices in India are usually aligned with global gold benchmarks, adjusted for rupee fluctuations.
FAQs
Q1. What is the price of 24K gold today?
The average price of 24K gold is ₹12,785 per gram.
Q2. How much does 22K gold cost today?
22K gold costs ₹11,720 per gram nationally.
Q3. What is the price of 18K gold today?
18K gold is priced at ₹9,589 per gram.
Q4. Are gold prices the same across all cities?
No. Prices differ slightly due to taxes, transportation costs and local market demand.
Q5. Is today a good day to buy gold?
Prices remain stable, making it a favourable time for buyers, especially before seasonal fluctuations.
Published on : 14th November
Published by : SMITA
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