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Gold Rate Rises Today, November 1: In Mumbai, the price of 24-carat gold stands at Rs 1,23,290 per 10 grams, while 22k gold is available at Rs 1,13,010 per 10 grams.
Gold Prices Today, November 1.
Gold Rate Today, November 1: Prices of gold and silver on Friday rose, on fresh buying by stockists and jewellers. In Mumbai, the price of 24-carat gold stood at Rs 1,23,290 per 10 grams, while 22k gold was available at Rs 1,13,010 per 10 grams. These rates do not include GST and making charges. Silver was available at Rs 1,50,900 per kg.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On October 31?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,12,600 | Rs 1,22,830 |
| Jaipur | Rs 1,12,600 | Rs 1,22,830 |
| Ahmedabad | Rs 1,12,500 | Rs 1,22,730 |
| Pune | Rs 1,13,010 | Rs 1,23,290 |
| Mumbai | Rs 1,13,010 | Rs 1,23,290 |
| Hyderabad | Rs 1,13,010 | Rs 1,23,290 |
| Chennai | Rs 1,13,010 | Rs 1,23,290 |
| Bengaluru | Rs 1,13,010 | Rs 1,23,290 |
| Kolkata | Rs 1,13,010 | Rs 1,23,290 |
Gold advanced, buoyed by depreciation in the rupee, said Saumil Gandhi, senior analyst (commodities) at HDFC Securities, said. The rupee pared intra-day losses to settle flat at 88.69 against the US dollar on Friday, as weak domestic equities and a firm greenback in overseas markets offset the support from lower crude oil prices.
Gandhi added that a high-stakes meeting between US President Donald Trump and his Chinese counterpart Xi Jinping ended on a positive note but failed to ease concerns about long-term competition between the two largest economies. This uncertainty has renewed demand for gold as a safe-haven asset.
Globally, spot gold slipped by 0.52 per cent to $4,003.49 per ounce while silver was marginally higher at $48.97 per ounce.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
(With inputs from agencies)
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
November 01, 2025, 09:14 IST
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