Gold, silver prices on November 9: Check latest rates in Delhi, Mumbai, Kolkata, other cities
Higher interest rates remain a headwind for non-yielding gold, with markets also watching global economic risks and rising geopolitical tensions in the West Asia region.
- Nov 9, 2026,
- Updated Nov 9, 2026 1:48 PM IST
Prices of precious metals were down on November 6 across 24-carat, 22-carat, and 18-carat purities amid a healthy festive demand with shoppers stepping up with their Diwali buys.
Benchmark gold rates stand at ₹1,43,590 per 10 gm while silver continued its slip from the ₹2-lakh mark trading at ₹1,84,650 per kg. Silver’s uninterrupted 2025 bull run has hit a wall, with the metal surrendering more than half of its gains as surging crude oil prices and persistent inflation fears fuel expectations of further US interest rate hikes.
On the Multi Commodity Exchange (MCX), gold futures were down by 1.27% at ₹1,42,264 per 10 gm, whereas silver dropped by 1.67% at around ₹1,84,016 per kg at the time of writing this story.
Higher interest rates remain a headwind for non-yielding gold, with markets also watching global economic risks and rising geopolitical tensions in the West Asia region.
DON'T MISS | Indians spend ₹2.42 lakh crore on gold despite 29% crash in demand: What's driving the paradox?
In the physical retail market, gold is primarily bought in 24-karat and 22-karat options. While 24-karat represents pure gold, 22-karat remains the preferred choice for crafting ornaments because the mixed alloys deliver greater durability.
Prices in India remain anchored by international spot bullion trends, USD/INR currency dynamics, and anticipatory retail demand ahead of peak festival shopping.
The rates quoted in benchmark tables and store listings reflect base bullion prices. Retail gold purchases in India attract a standard 3% GST on the value of the metal, plus a separate 5% GST on the jewellery making charges. Import duties and local transport surcharges also influence regional price variations across states.
Check the latest gold rates here
| City | 24K Gold (₹ per 10gm) | 22K Gold (₹ per 10gm) |
| Delhi | ₹1,43,590 | ₹1,31,740 |
| Mumbai | ₹1,43,560 | ₹1,31,590 |
| Bengaluru | ₹1,43,710 | ₹1,31,740 |
| Kolkata | ₹1,43,560 | ₹1,31,590 |
| Hyderabad | ₹1,43,560 | ₹1,31,590 |
| Chennai | ₹1,43,710 | ₹1,31,740 |
Check the latest silver rates here
| City | Silver (₹ per 100gm) | Silver (₹ per kg) |
| Delhi | ₹22,190 | ₹2,21,900 |
| Mumbai | ₹22,200 | ₹ 2,20,90 |
| Bengaluru | ₹21,690 | ₹2,16,900 |
| Kolkata | ₹21,690 | ₹2,16,900 |
| Hyderabad | ₹22,090 | ₹2,20,900 |
| Chennai | ₹22,290 | ₹2,22,900 |
MUST READ | Gold prices rangebound ahead of Dhanteras; is it the right time to buy?
Gold rates at top jewellers
Leading retail chains kept prices relatively unchanged on November 9, 2026.
According to the India Bullion and Jewellers Association Ltd, 24 carat gold retails for ₹14,102 per gram whereas 22 carat is for ₹12,918 per gram across jewelers at the time of writing this story. Silver 999 retails for ₹1,81,863 per kg whereas platinum 999 stands at ₹56,650 per 10 grams.
Major brands like Joyalukkas and Malabar Gold & Diamonds quoted 22K gold ₹13,385 per gram across most states. Tanishq listed its 22K gold rate at ₹13,435 per gram. For 24-carat gold, Malabar quoted ₹14,602 per gram, while Tanishq stood at ₹14,656 per gram.
Minor retail rate disparities across brands stem from store-level pricing structures, inventory acquisition costs, and regional logistics, even as global commodity trends determine overall market direction.
| Jeweller | Purity | Rate (₹/gram) |
| Joyalukkas | 22K | 13,385 |
| Malabar Gold & Diamonds | 22K | 13,090 |
| Malabar Gold & Diamonds | 24K | 14,602 |
| Tanishq | 22K | 13,435 |
| Tanishq | 24K* | 14,656 |
*24K Tanishq rate estimated based on the prevailing purity premium over 22K gold.
DO CHECKOUT | Diwali bling: Gold, silver prices surge up to 4% after US midterm elections - can gold hit Rs 1.58 lakh, silver Rs 2.55 lakh?
Joyalukkas 22K Gold Rate by State
| State | Rate (₹/gram) |
| Andhra Pradesh | 13,385 |
| Delhi | 13,385 |
| Gujarat | 13,385 |
| Karnataka | 13,385 |
| Kerala | 13,385 |
| Maharashtra | 13,385 |
| Odisha | 13,385 |
| Punjab | 13,385 |
| Tamil Nadu | 13,385 |
Prices of precious metals were down on November 6 across 24-carat, 22-carat, and 18-carat purities amid a healthy festive demand with shoppers stepping up with their Diwali buys.
Benchmark gold rates stand at ₹1,43,590 per 10 gm while silver continued its slip from the ₹2-lakh mark trading at ₹1,84,650 per kg. Silver’s uninterrupted 2025 bull run has hit a wall, with the metal surrendering more than half of its gains as surging crude oil prices and persistent inflation fears fuel expectations of further US interest rate hikes.
On the Multi Commodity Exchange (MCX), gold futures were down by 1.27% at ₹1,42,264 per 10 gm, whereas silver dropped by 1.67% at around ₹1,84,016 per kg at the time of writing this story.
Higher interest rates remain a headwind for non-yielding gold, with markets also watching global economic risks and rising geopolitical tensions in the West Asia region.
DON'T MISS | Indians spend ₹2.42 lakh crore on gold despite 29% crash in demand: What's driving the paradox?
In the physical retail market, gold is primarily bought in 24-karat and 22-karat options. While 24-karat represents pure gold, 22-karat remains the preferred choice for crafting ornaments because the mixed alloys deliver greater durability.
Prices in India remain anchored by international spot bullion trends, USD/INR currency dynamics, and anticipatory retail demand ahead of peak festival shopping.
The rates quoted in benchmark tables and store listings reflect base bullion prices. Retail gold purchases in India attract a standard 3% GST on the value of the metal, plus a separate 5% GST on the jewellery making charges. Import duties and local transport surcharges also influence regional price variations across states.
Check the latest gold rates here
| City | 24K Gold (₹ per 10gm) | 22K Gold (₹ per 10gm) |
| Delhi | ₹1,43,590 | ₹1,31,740 |
| Mumbai | ₹1,43,560 | ₹1,31,590 |
| Bengaluru | ₹1,43,710 | ₹1,31,740 |
| Kolkata | ₹1,43,560 | ₹1,31,590 |
| Hyderabad | ₹1,43,560 | ₹1,31,590 |
| Chennai | ₹1,43,710 | ₹1,31,740 |
Check the latest silver rates here
| City | Silver (₹ per 100gm) | Silver (₹ per kg) |
| Delhi | ₹22,190 | ₹2,21,900 |
| Mumbai | ₹22,200 | ₹ 2,20,90 |
| Bengaluru | ₹21,690 | ₹2,16,900 |
| Kolkata | ₹21,690 | ₹2,16,900 |
| Hyderabad | ₹22,090 | ₹2,20,900 |
| Chennai | ₹22,290 | ₹2,22,900 |
MUST READ | Gold prices rangebound ahead of Dhanteras; is it the right time to buy?
Gold rates at top jewellers
Leading retail chains kept prices relatively unchanged on November 9, 2026.
According to the India Bullion and Jewellers Association Ltd, 24 carat gold retails for ₹14,102 per gram whereas 22 carat is for ₹12,918 per gram across jewelers at the time of writing this story. Silver 999 retails for ₹1,81,863 per kg whereas platinum 999 stands at ₹56,650 per 10 grams.
Major brands like Joyalukkas and Malabar Gold & Diamonds quoted 22K gold ₹13,385 per gram across most states. Tanishq listed its 22K gold rate at ₹13,435 per gram. For 24-carat gold, Malabar quoted ₹14,602 per gram, while Tanishq stood at ₹14,656 per gram.
Minor retail rate disparities across brands stem from store-level pricing structures, inventory acquisition costs, and regional logistics, even as global commodity trends determine overall market direction.
| Jeweller | Purity | Rate (₹/gram) |
| Joyalukkas | 22K | 13,385 |
| Malabar Gold & Diamonds | 22K | 13,090 |
| Malabar Gold & Diamonds | 24K | 14,602 |
| Tanishq | 22K | 13,435 |
| Tanishq | 24K* | 14,656 |
*24K Tanishq rate estimated based on the prevailing purity premium over 22K gold.
DO CHECKOUT | Diwali bling: Gold, silver prices surge up to 4% after US midterm elections - can gold hit Rs 1.58 lakh, silver Rs 2.55 lakh?
Joyalukkas 22K Gold Rate by State
| State | Rate (₹/gram) |
| Andhra Pradesh | 13,385 |
| Delhi | 13,385 |
| Gujarat | 13,385 |
| Karnataka | 13,385 |
| Kerala | 13,385 |
| Maharashtra | 13,385 |
| Odisha | 13,385 |
| Punjab | 13,385 |
| Tamil Nadu | 13,385 |