Gold prices declined today as traders adopted a cautious approach ahead of significant events, including the upcoming U.S. Presidential elections and the Federal Reserve’s policy meeting later this month. In Delhi, 24k gold dropped by Rs 160, bringing it to Rs 80,390 for 10 grams. For 100 grams, the price fell by Rs 1,600, now standing at Rs 8,03,900.
Check Today’s Gold Rate in India Here!
Meanwhile, 22k gold prices decreased by Rs 100 to Rs 73,700 per 10 grams, with 100 grams priced at Rs 7,37,000 after a Rs 1,000 drop. Additionally, the price of 18k gold in the national capital slipped by Rs 80 to Rs 60,300, while 100 grams fell by Rs 800 to Rs 6,03,000 on November 5, 2024.
The rate for 1 gram of 22k gold fell by Rs 10 to Rs 7,370, while 1 gram of 24k gold dropped by Rs 16 to Rs 8,039. For 18k gold, the price fell by Rs 8 to Rs 6,030 per gram.
Silver prices also declined. Today, the price for 1 kg of silver in India remained at Rs 96,000, and 100 grams remained unchanged at Rs 9,600, consistent with prices across the country.
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Spot gold prices showed minimal change at $2,735.96 per ounce, following a record high of $2,790.15 reached last week. U.S. gold futures fell by 0.1% to $2,744.70, while spot silver remained steady at $32.48 per ounce. Additionally, platinum saw a slight gain of 0.1% to $984.64, and palladium increased by 0.4% to $1,078.50.
1 gram of 22k gold prices in five major cities of India on November 5, 2024:
| Major Indian Cities | 22 Carat Gold Prices per Gram |
| Chennai | Rs 7,355 |
| Mumbai | Rs 7,355 |
| Kolkata | Rs 7,355 |
| Kerala | Rs 7,355 |
| Bangalore | Rs 7,355 |
| Hyderabad | Rs 7,355 |
