The spot price of gold was hovering just above $4,094 per ounce for 24-carat purity on November 19, as of 1:24 p.m. That's up 0.66% on yesterday's close of $4067.
In India, the price of physical yellow metal stood at Rs 1,23,448 for 10 grams of 999 purity, as per India Bullion and Jewelers Association (IBJA) 12:30 p.m rate session. This is around 1.04% surge from yesterday's close at 18:30 p.m., which stood at Rs 1,22,180.
Gold price in the last six days fell 2.45% from Rs 1,26,554 on November 13, 2025.
"The current price point for 24-karat gold reflect a small dip in price due to the weak global cues affecting investor sentiment. While retail investors and weddings on the horizon are watching the dip for a possible buy, buyers are waiting to see how much further gold can fall, given the recent price points. Although the slight fall could present a tactical point for more accumulation for an investor, the broader risk continues until global financial variables settle down," said Aksha Kamboj, Vice President, IBJA.
Gold prices vary by purity. Check out below to see prices of gold based on their purity.
Silver, on the other hand, continues to shine not just as a household essential but also as a key investment and industrial metal. The price of silver stood at Rs 1,56,300 per kilogram of 999 purity on November 19. This is up 1.69 percent from yesterday’s close at Rs 1,53,706 per kilogram.
The silver rates are, however, down 3.95 percent from Rs 1,62,730 on November 13.
“The market remains resilient ahead of the wedding season. This decline may be more indicative of short-term volatility than a fundamental change. Investors may see the decline as a chance to buy on dips. Technical indicators point to support close to current levels, suggesting a possible quick recovery,” said Kamboj.
On other hand, Silver Fund delivered one-year returns of around 49–50 percent as of October 31, according to Emkay Wealth Management. It expects Silver to bounce back to the $52-$53 levels and thereafter may move towards the next targets of $58 and $62, with strong support at $ 47.60.
Silver prices vary by city. Check out below to see the prices of 999 purity silver where you live.
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