Gold price today: The latest available indicative retail rates put 24-carat gold at ₹1,37,620 per 10 grams and 22-carat gold at ₹1,26,150, as Indian buyers enter Monday, November 16. These quotations were last updated on November 15; fresh Monday rates were not available at the time of writing, according to Goodreturns.
The domestic price check follows a difficult week for international bullion. Gold recovered slightly on Friday, but concerns about inflation and higher US interest rates kept it on track for its steepest weekly decline since early June, according to Reuters.
Gold price today: Latest indicative rates in India
The following rates are based on Goodreturns’ November 15 quotations and should not be treated as confirmed November 16 opening prices. They exclude GST, TCS and other applicable levies.
| Gold purity | Price per gram | Price per 10 grams |
|---|---|---|
| 24-carat | ₹13,762 | ₹1,37,620 |
| 22-carat | ₹12,615 | ₹1,26,150 |
| 18-carat | ₹10,322 | ₹1,03,220 |
The tracker showed no change in the quoted 24-carat and 22-carat rates on November 15. Actual purchase prices can differ from these indicative figures, and buyers should confirm the applicable quotation with their jeweller.
Gold rates in Delhi, Mumbai and other major cities
Delhi’s latest reported quotation stood at ₹1,37,770 per 10 grams for 24-carat gold and ₹1,26,300 for 22-carat gold. Mumbai, Kolkata, Bengaluru and Hyderabad were quoted at ₹1,37,620 and ₹1,26,150, respectively. These city rates were reported on November 15 by Punjab Kesari.
| City | 24-carat gold per 10 grams | 22-carat gold per 10 grams |
|---|---|---|
| Delhi | ₹1,37,770 | ₹1,26,300 |
| Mumbai | ₹1,37,620 | ₹1,26,150 |
| Kolkata | ₹1,37,620 | ₹1,26,150 |
| Bengaluru | ₹1,37,620 | ₹1,26,150 |
| Hyderabad | ₹1,37,620 | ₹1,26,150 |
| Ahmedabad | ₹1,37,670 | ₹1,26,200 |
| Lucknow | ₹1,37,770 | ₹1,26,300 |
These are the latest available city quotations reported on November 15; fresh Monday prices may differ.
Global gold prices remain under pressure
International spot gold edged up 0.1% to $3,879.71 an ounce at 1905 GMT on Friday, November 13, according to Reuters. US gold futures for December delivery settled largely unchanged at $3,886.30 an ounce.
Despite the modest recovery, bullion was down about 4.5% for the week at that point. Prices had fallen 3% on Thursday to their lowest level in more than a year as rising oil prices intensified concerns about inflation and elevated interest rates.
US producer prices rose 0.3% in the latest monthly reading. The largely in-line inflation data eased some expectations of a bigger interest-rate increase, helping gold recover part of its earlier losses without reversing the broader weekly decline. For historical background, The Eastern Herald’s May 2023 coverage examined dollar strength and gold prices and gold-market fluctuations during US debt concerns.
What buyers should check before purchasing
The quoted gold rate is not necessarily the final jewellery bill. Local pricing, applicable taxes, making charges and jeweller margins can affect the amount paid, so a comparison should use the same purity and weight and include all additional charges.
For November 16, the key distinction is between the latest available retail quotation and a freshly updated Monday price. Until new rates are published, the November 15 figures provide a reference—not confirmation of the price a jeweller will charge today.
