Gold Rate Today: Sharp Dip In Gold Prices After Bhai Dooj

Gold and silver prices declined after Bhai Dooj as festive demand eased. Check the latest 22K and 24K gold rates in Delhi, Mumbai, Kolkata and other major cities.

Post Published By: DN Bureau

Updated : 12 November 2026, 12:13 PM IST

Gold prices soften after Bhai Dooj as market activity slows across India. (Img: Pinterest)

Mumbai: Following the festival of Bhai Dooj, a decline has been observed in the gold and silver markets. With the festive season coming to an end, gold prices have decreased across the country. Consumer purchasing remained somewhat limited during the festive season which has directly impacted the market for precious metals. Both gold and silver prices have fallen due to trends in the international market and a softening in domestic demand.

Gold prices in major metropolitan cities today

In the national capital, Delhi, the price of 24 carat gold is Rs 142,120 per 10 grams while 22 carat gold is priced at Rs 130,290 per 10 grams. In the previous session, the Delhi market recorded a significant drop of Rs 800 in the price of 99.9% pure gold.

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Meanwhile, in other major cities such as Mumbai, Kolkata, Chennai, Hyderabad, and Pune, the price of 22 carat gold is Rs 130,140 per 10 grams, and 24 carat gold is priced at Rs 141,970 per 10 grams. Additionally, in cities like Lucknow and Bhopal, 22 carat gold is priced at Rs 130,190 per 10 grams, while 24 carat gold is at Rs 142,020 per 10 grams.

International market trends and expert opinion

In the global market, spot gold is trading at $3,986.79 per ounce. Market experts believe that future fluctuations in gold prices will largely depend on broader market conditions and global economic factors. According to experts, given current industry trends and the stance of the US Federal Reserve, the outlook for precious metals remains stable. Given that US bond yields and the dollar are expected to remain strong, a significant rally in gold prices is unlikely.

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A similar trend is being observed in the silver market.

It is not just gold, another major precious metal silver is also showing a downward trend. In early trading, the price of silver was recorded at Rs 99,900 per kilogram. Notably, in January of this year, silver reached an all-time high of Rs 1 lakh per kilogram in the domestic market; current prices are well below that level. Meanwhile, in the international market, the price of silver stands at $31.88 per ounce. Market experts believe that a decline in demand following the festive season, combined with global pressures, has created an atmosphere of caution in the bullion market.