Gold Prices Today: 24-Carat and 22-Carat Rates Slip Across Major Cities; MCX Gold and Silver See Mild Decline

Some days in the commodities market don’t come with sharp swings—they move quietly, yet leave a clear imprint on market sentiment. Today was one such session. Gold prices slipped, silver prices eased, and the cautious tone was visible from MCX Gold futures to the city-wise retail market.

For anyone tracking gold prices, MCX Gold, silver prices, or the daily rates of 24-carat gold and 22-carat gold, the shift was noticeable but steady. The market felt calmer, yet every number told its own story.

Market Performance: MCX Gold & Silver Ease

The session began on a softer note as gold prices dipped on the Multi Commodity Exchange. The movement wasn’t dramatic, but it was enough to set the tone for the day.

Key MCX levels:

• MCX Gold December futures: down 0.43%, at ₹1,20,886 per 10 grams
• MCX Silver December futures: down 0.41%, at ₹1,47,154 per kg

The mild weakness also reflected in the spot market, where 24-carat gold and 22-carat gold slipped slightly according to early data.

Main News: Gold Prices Drop Amid Softer Tone in the Market

The broader trend showed a modest decline in gold prices as the day progressed.

As per inputs taken around the early morning window:

• 24-carat gold: ₹1,21,120 per 10 grams
• 22-carat gold: ₹1,11,027 per 10 grams
• Silver (999 Fine): ₹1,47,430 per kg

The market leaned towards consolidation. And while the decline wasn’t sharp, gold prices settled into a quieter rhythm today, especially across Delhi, Mumbai, Pune, Kolkata, Chennai, Hyderabad, Bengaluru, and Ahmedabad.

Even with today’s dip, the longer-term journey of gold still stands strong. In the last two decades, gold prices surged 1,200%, rising from ₹7,638 in 2005 to over ₹1,25,000 in 2025 (as of September). The metal also delivered 16 positive years out of the last 20. A 56% YTD rise continues to keep it among the standout asset classes of 2025.

But today’s focus was the calm correction across city-wise rates.

Company Details: City-Wise Gold & Silver Prices Today

Traders, jewellers, and everyday buyers tend to track how prices shift from one city to another. Here is a detailed look at gold prices in Mumbai, gold prices in Delhi, and other key cities—keeping the narrative simple and precise, while retaining every number from the reference.

Gold Prices in Mumbai — November 4

• 24-carat gold: ₹1,20,940 per 10 gm
• 22-carat gold: ₹1,10,862 per 10 gm
• MCX Gold: ₹1,20,770 per 10 gm
• Silver bullion: ₹1,47,230 per kg
• MCX Silver 999: ₹1,47,025 per kg

Gold Prices in Pune — November 4

• 24-carat gold: ₹1,21,010 per 10 gm
• 22-carat gold: ₹1,10,926 per 10 gm
• MCX Gold: ₹1,20,770 per 10 gm
• Silver bullion: ₹1,47,350 per kg
• MCX Silver: ₹1,47,025 per kg

Gold Prices in Delhi — November 4

• 24-carat gold: ₹1,20,810 per 10 gm
• 22-carat gold: ₹1,10,743 per 10 gm
• MCX Gold: ₹1,20,770 per 10 gm
• Silver bullion: ₹1,47,040 per kg
• MCX Silver 999: ₹1,47,025 per kg

Gold Prices in Kolkata — November 4

• 24-carat gold: ₹1,20,860 per 10 gm
• 22-carat gold: ₹1,10,788 per 10 gm
• MCX Gold: ₹1,20,770 per 10 gm
• Silver bullion: ₹1,47,100 per kg
• MCX Silver 999: ₹1,47,025 per kg

Gold Prices in Ahmedabad — November 4

• 24-carat gold: ₹1,21,130 per 10 gm
• 22-carat gold: ₹1,11,036 per 10 gm
• MCX Gold: ₹1,20,770 per 10 gm
• Silver bullion: ₹1,47,440 per kg
• MCX Silver 999: ₹1,47,025 per kg

Gold Prices in Bengaluru — November 4

• 24-carat gold: ₹1,21,070 per 10 gm
• 22-carat gold: ₹1,10,981 per 10 gm
• MCX Gold: ₹1,20,770 per 10 gm
• Silver bullion: ₹1,47,360 per kg
• MCX Silver 999: ₹1,47,025 per kg

Gold Prices in Hyderabad — November 4

• 24-carat gold: ₹1,21,030 per 10 gm
• 22-carat gold: ₹1,10,944 per 10 gm
• MCX Gold: ₹1,20,770 per 10 gm
• Silver bullion: ₹1,47,240 per kg
• MCX Silver 999: ₹1,47,025 per kg

Gold Prices in Chennai — November 4

• 24-carat gold: ₹1,21,190 per 10 gm
• 22-carat gold: ₹1,11,091 per 10 gm
• MCX Gold: ₹1,20,770 per 10 gm
• Silver bullion: ₹1,47,440 per kg
• MCX Silver 999: ₹1,47,025 per kg

Summary

Gold prices softened slightly today across India, with MCX Gold and silver prices posting mild declines. The rates for 24-carat gold, 22-carat gold, and silver showed a consistent downward drift across Mumbai, Delhi, Pune, Kolkata, Chennai, Hyderabad, Ahmedabad, and Bengaluru.

The broader tone remained calm, the numbers clear, and the narrative steady. With the day’s movement shaping the mood, today’s market update offered a clean snapshot of gold prices, MCX Gold levels, and silver prices without any noise—just precise data and a straightforward explanation of where things stand.