📈 Gold Price Today: Rates Soar Across India, Retailers React
Gold prices in India witnessed a sharp upward movement on Thursday, November 6, 2025, with rates climbing across all major purity levels. Leading jewellery brands such as Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas have updated their price charts, reflecting the surge in the yellow metal’s value.
🧭 Market Overview: What’s Driving the Gold Price Spike?
Gold prices have been on a rollercoaster ride in recent weeks, influenced by:
- Global economic uncertainty
- Festive and wedding season demand
- Fluctuating USD-INR exchange rates
- US Federal Reserve’s interest rate decisions
According to The Hindu Business Line, gold prices rose across major cities including Mumbai, Delhi, Chennai, and Bengaluru, with 24K gold averaging ₹11,786 per gram and 22K gold at ₹11,225 per gram.
💹 MCX Futures Update: Gold and Silver Rally
On the Multi Commodity Exchange (MCX):
- Gold futures surged by ₹758 or 0.63%, reaching ₹1,21,280 per 10 grams
- Silver futures climbed ₹1,312 or 0.89%, trading at ₹1,48,633 per kilogram
This rally reflects strong investor sentiment and rising retail demand.
🏦 IBJA Spot Rates: Official Gold Prices on November 6
As per the India Bullion and Jewellers Association (IBJA), the spot prices for gold on November 6 were:
| Purity | Price (₹/10 grams) |
|---|---|
| 24K | ₹1,20,100 |
| 22K | ₹1,17,220 |
| 20K | ₹1,06,890 |
| 18K | ₹97,280 |
| 14K | ₹77,460 |
These rates serve as benchmarks for retail pricing across India.
🛍️ Retail Gold Prices at Leading Jewellers 🏬
💎 Tanishq Gold Rates
- 24K Gold: ₹1,22,350 per 10 grams
- 22K Gold: ₹1,12,150 per 10 grams
- 18K Gold: ₹91,760 per 10 grams
💎 Malabar Gold & Diamonds
- 22K Gold: ₹1,12,350 per 10 grams
- 18K Gold: ₹91,920 per 10 grams
- 14K Gold: ₹71,500 per 10 grams
💎 Kalyan Jewellers
- 22K Gold: ₹1,12,350 per 10 grams
💎 Joyalukkas
- 24K Gold: ₹1,22,560 per 10 grams
- 22K Gold: ₹1,12,350 per 10 grams
- 18K Gold: ₹91,920 per 10 grams
📊 Comparative Price Chart by Brand 🧮
| Brand | 24K (₹) | 22K (₹) | 18K (₹) | 14K (₹) |
|---|---|---|---|---|
| Tanishq | 1,22,350 | 1,12,150 | 91,760 | — |
| Malabar | — | 1,12,350 | 91,920 | 71,500 |
| Kalyan | — | 1,12,350 | — | — |
| Joyalukkas | 1,22,560 | 1,12,350 | 91,920 | — |
🔍 Why Are Gold Prices Rising? 📈
🌍 Global Factors
- US Federal Reserve’s rate cuts have increased gold’s appeal as a safe-haven asset
- International gold prices hover around $3,973.15 per ounce in Singapore
🪔 Domestic Demand
- Wedding season and festive purchases have boosted retail demand
- Jewellery brands are witnessing increased footfall and online orders
🧮 How Gold Purity Affects Pricing
Gold is sold in various purities:
- 24K (99.9% pure) – Ideal for investment, not suitable for jewellery
- 22K (91.6% pure) – Commonly used in jewellery
- 18K (75% pure) – Used in designer and lightweight jewellery
- 14K (58.3% pure) – Affordable, durable, and popular in daily wear
🛒 Buying Tips for Consumers 🧠
Before purchasing gold:
- ✅ Check daily spot rates from IBJA
- ✅ Compare prices across multiple jewellers
- ✅ Ask for hallmark certification
- ✅ Understand making charges and GST implications
- ✅ Consider buy-back policies and resale value
📉 Will Prices Fall Again? Expert Outlook
While prices have surged, analysts caution that:
- Volatility remains high
- Global cues and domestic demand will influence short-term trends
- Some experts predict a correction below ₹1.2 lakh per 10 grams
❓ FAQs About Gold Price Today (FAQ Schema Friendly)
🔸 What is the gold price today in India?
As of November 6, 2025, 24K gold is priced at ₹1,22,560 per 10 grams at Joyalukkas.
🔸 Why are gold prices rising?
Due to festive demand, global economic uncertainty, and US rate cuts boosting gold’s appeal.
🔸 Which brand offers the lowest rate for 14K gold?
Malabar Gold & Diamonds offers 14K gold at ₹71,500 per 10 grams.
🔸 Is it a good time to buy gold?
Experts suggest caution due to high volatility; prices may correct in coming weeks.
🔸 What is the MCX gold futures rate?
Gold futures on MCX traded at ₹1,21,280 per 10 grams on November 6, 2025.
🧾 Conclusion: Gold’s Glitter Returns Amid Festive Buzz
Gold prices in India have rebounded sharply, crossing the ₹1.22 lakh mark for 24K purity. With festive and wedding season demand peaking, jewellers are adjusting rates daily. Consumers are advised to stay informed and compare prices before making purchases.
External Source: Patrika Report
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