Gold prices drop today: The yellow metal rates dropped in India’s Multi Commodity Exchange on Tuesday, November 4, amid a strong dollar.
MCX Gold December futures fell 0.43% to ₹1,20,886 per 10 grams at 9:38 am on Tuesday, November 4, while the MCX Silver December contracts dropped 0.41% to ₹1,47,154 per kg.
As per Indian Bullion Association (IBA) data, the prices of 24-carat gold were ₹1,21,120/10 gm at 9:56 am on November 4, and 22-carat gold at ₹1,11,027/10 gms. Silver prices were at ₹1,47,430/kg (Silver 999 Fine).
Gold prices over the years
Gold prices surged in the last 20 years, by 1,200%, from ₹7,638 in 2005 to over ₹1,25,000 in 2025 (as of September), delivering positive returns in 16 of these years. Gold prices gained 56% on a year-to-date (YTD) basis, with consistent record highs solidifying their position among 2025’s top-performing asset classes.
Check out today’s gold rates for major cities, including Pune, Ahmedabad, Delhi, Kolkata, Mumbai, Hyderabad, Bengaluru, and Chennai. Retail customers should note that jewellers may add making charges, taxes, and GST to the bill, which will likely increase the final price.
Gold and Silver Prices in Delhi — November 4
- 24 karat gold rate in New Delhi— ₹1,20,810/10 gm.
- 22 karat gold rate in New Delhi— ₹1,10,743/10 gm.
- MCX Gold rate in New Delhi — ₹1,20,770/10 gm.
- Silver bullion rate in New Delhi— ₹1,47,040/kg.
- MCX Silver 999 rate in New Delhi — ₹1,47,025/kg.
Gold and Silver Prices in Kolkata — November 4
- 24 karat gold rate in Kolkata— ₹1,20,860/10 gm.
- 22 karat gold rate in Kolkata— ₹1,10,788/10 gm.
- MCX Gold rate in Kolkata — ₹1,20,770/10 gm.
- Silver bullion rate in Kolkata— ₹1,47,100/kg.
- MCX Silver 999 rate in Kolkata — ₹1,47,025/kg.
Gold and Silver Prices in Ahmedabad — November 4
- 24 karat gold rate in Ahmedabad— ₹1,21,130/10 gm.
- 22 karat gold rate in Ahmedabad— ₹1,11,036/10 gm.
- MCX Gold rate in Ahmedabad — ₹1,20,770/10 gm.
- Silver bullion rate in Ahmedabad— ₹1,47,440/kg
- MCX Silver 999 rate in Ahmedabad — ₹1,47,025/kg.
Gold and Silver Prices in Bengaluru — November 4
- 24 karat gold rate in Bengaluru— ₹1,21,070/10 gm.
- 22 karat gold rate in Bengaluru— ₹1,10,981/10 gm.
- MCX today gold rate Bengaluru — ₹1,20,770/10 gm.
- Silver bullion rate in Bengaluru— ₹1,47,360/kg.
- MCX Silver 999 rate in Bengaluru — ₹1,47,025/kg.
Gold and Silver Prices in Hyderabad — November 4
- 24 karat gold rate in Hyderabad— ₹1,21,030/10 gm.
- 22 karat gold rate in Hyderabad— ₹1,10,944/10 gm.
- MCX Gold rate in Hyderabad — ₹1,20,770/10 gm.
- Silver bullion rate in Hyderabad— ₹1,47,240/kg
- MCX Silver 999 rate in Hyderabad — ₹1,47,025/kg.
Gold and Silver Prices in Chennai — November 4
- 24 karat gold rate in Chennai— ₹1,21,190/10 gm.
- 22 karat gold rate in Chennai— ₹1,11,091/10 gm.
- MCX Gold rate in Chennai — ₹1,20,770/10 gm.
- Silver bullion rate in Chennai— ₹1,47,440/kg.
- MCX Silver 999 rate in Chennai — ₹1,47,025/kg.
Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment.
