Gold, silver rates today on November 6: After the breathless rally in October, gold is witnessing a sustained decline over the past few days. Analysts say that there is a chance that the prices of yellow metal may even drop below the Rs 1.2 lakh. In the international bullion, the rate of yellow metal remains below $4,000n and ounce target. A latest data by a Bloomberg report says that gold was trading at $3,973.15 an ounce in Singapore in early morning hours. In India, the price of 24K gold has dropped to Rs 1.21 lakh. Here are the rates today in the three main categories:
| Gold Purity | Price (per 10 grams) |
|---|---|
| 24K | Rs 1,21,470 |
| 22K | Rs 1,11,340 |
| 18K | Rs 91,100 |
Gold prices have soared over 50% this year, reaching an all-time high in October before easing slightly. The rally has been supported by interest rate cuts from the US Federal Reserve, strong inflows into bullion-backed exchange-traded funds, and continued buying by central banks. Meanwhile, the longest government shutdown in US history has delayed the release of crucial economic data, complicating the assessment of conditions in the world's largest economy.
| City | 24K Today | 22K Today | 18K Today |
|---|---|---|---|
| Chennai | Rs 12,196 | Rs 11,179 | Rs 9,324 |
| Mumbai | Rs 12,147 | Rs 11,134 | Rs 9,110 |
| Delhi | Rs 12,162 | Rs 11,149 | Rs 9,125 |
| Kolkata | Rs 12,147 | Rs 11,134 | Rs 9,110 |
| Bangalore | Rs 12,147 | Rs 11,134 | Rs 9,110 |
| Hyderabad | Rs 12,147 | Rs 11,134 | Rs 9,110 |
| Kerala | Rs 12,147 | Rs 11,134 | Rs 9,110 |
| Pune | Rs 12,147 | Rs 11,134 | Rs 9,110 |
| Vadodara | Rs 12,152 | Rs 11,139 | Rs 9,115 |
| Ahmedabad | Rs 12,152 | Rs 11,139 | Rs 9,115 |
| Jaipur | Rs 12,162 | Rs 11,149 | Rs 9,125 |
| Lucknow | Rs 12,162 | Rs 11,149 | Rs 9,125 |
| Coimbatore | Rs 12,196 | Rs 11,179 | Rs 9,324 |
| Madurai | Rs 12,196 | Rs 11,179 | Rs 9,324 |
| Vijayawada | Rs 12,147 | Rs 11,134 | Rs 9,110 |
| Patna | Rs 12,152 | Rs 11,139 | Rs 9,115 |
| Nagpur | Rs 12,147 | Rs 11,134 | Rs 9,110 |
| Chandigarh | Rs 12,162 | Rs 11,149 | Rs 9,125 |
| Surat | Rs 12,152 | Rs 11,139 | Rs 9,115 |
| Bhubaneswar | Rs 12,147 | Rs 11,134 | Rs 9,110 |
| Mangalore | Rs 12,147 | Rs 11,134 | Rs 9,110 |
| Visakhapatnam | Rs 12,147 | Rs 11,134 | Rs 9,110 |
| Nashik | Rs 12,150 | Rs 11,137 | Rs 9,113 |
| Mysore | Rs 12,147 | Rs 11,134 | Rs 9,110 |
| Salem | Rs 12,196 | Rs 11,179 | Rs 9,324 |
| Rajkot | Rs 12,152 | Rs 11,139 | Rs 9,115 |
| Trichy | Rs 12,196 | Rs 11,179 | Rs 9,324 |
| Ayodhya | Rs 12,162 | Rs 11,149 | Rs 9,125 |
| Cuttack | Rs 12,147 | Rs 11,134 | Rs 9,110 |
| Davanagere | Rs 12,147 | Rs 11,134 | Rs 9,110 |
Meanwhile, the Bloomberg Dollar Spot Index remained largely unchanged. Silver and platinum traded flat, while palladium declined.
| City | 10 gram | 100 gram | 1 Kg |
|---|---|---|---|
| Chennai | Rs 1,629 | Rs 16,290 | Rs 1,62,900 |
| Mumbai | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Delhi | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Kolkata | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Bangalore | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Hyderabad | Rs 1,629 | Rs 16,290 | Rs 1,62,900 |
| Kerala | Rs 1,629 | Rs 16,290 | Rs 1,62,900 |
| Pune | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Vadodara | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Ahmedabad | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Jaipur | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Lucknow | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Coimbatore | Rs 1,629 | Rs 16,290 | Rs 1,62,900 |
| Madurai | Rs 1,629 | Rs 16,290 | Rs 1,62,900 |
| Vijayawada | Rs 1,629 | Rs 16,290 | Rs 1,62,900 |
| Patna | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Nagpur | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Chandigarh | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Surat | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Bhubaneswar | Rs 1,629 | Rs 16,290 | Rs 1,62,900 |
| Mangalore | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Visakhapatnam | Rs 1,629 | Rs 16,290 | Rs 1,62,900 |
| Nashik | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Mysore | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Salem | Rs 1,629 | Rs 16,290 | Rs 1,62,900 |
| Rajkot | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Trichy | Rs 1,629 | Rs 16,290 | Rs 1,62,900 |
| Ayodhya | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
| Cuttack | Rs 1,504 | Rs 15,040 | Rs 1,50,400 |
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