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  1. Gold and silver price on November 6: Gold fall by ₹160, silver declined by ₹1,000; check the latest prices in your city

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Gold and silver price on November 6: Gold fall by ₹160, silver declined by ₹1,000; check the latest prices in your city

Upstox

3 min read | Updated on November 06, 2024, 10:24 IST

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SUMMARY

Gold prices dropped by ₹160 to ₹80,380 per 10 grams in Delhi and ₹80,230 in Mumbai and Kolkata. Silver was trading at ₹95,900 per kg in Delhi, Mumbai and Kolkata.

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Gold prices dropped by ₹160 to ₹80,380 per 10 grams in Delhi and ₹80,230 in Mumbai and Kolkata.

Gold prices dropped by ₹160 per 10 grams in early trade on Wednesday, November 6, ahead of the US Federal Reserve’s decision on policy rates. The precious metal was trading in a range in global markets as investors awaited US election results.

Gold prices dropped by ₹160 to ₹80,380 per 10 grams in Delhi and ₹80,230 in Mumbai and Kolkata.

Spot gold was trading down 0.30% at $2,735 an ounce in early Asian trade. The metal hit a high of $2,749 an ounce in overnight trade.

Check the latest gold and silver prices across major cities today:

Gold Price Today in India (November 6, 2024)

In Delhi markets, 24K gold prices declined by ₹160 to ₹80,380 per 10 grams and 22K gold by ₹100 at ₹73,690 per 10 grams.

Below is a detailed breakdown of gold prices across key cities:

Gold Price Today in Major Cities:

City22K Gold (per 10gm)24K Gold (per 10gm)
Delhi₹73,590₹80,380
Mumbai₹73,540₹80,230
Chennai₹73,540₹80,230
Kolkata₹73,540₹80,230

Silver Price Today in India (November 6, 2024)

Silver prices declined by ₹1,000 per kilogram in major Indian cities in early trade on Wednesday due to weak demand from coin makers and industrial units. Silver was trading at ₹95,900 per kg in Delhi, Mumbai and Kolkata.

Spot silver traded lower by 1.81% at $32.06 an ounce in global markets. The metal hit a high of $32.73 in overnight trade.

Silver Price Today in Major Cities:

CitySilver Price (per kg)
Delhi₹95,900
Mumbai₹95,900
Chennai₹1,04,900
Kolkata₹95,900

Comparison of Gold and Silver Prices This Week

Gold prices have lost momentum after the end of the festive season and uncertainty ahead of the US election results. The US Federal Reserve will announce its decision on policy rates on November 7. Silver prices have also eased after the Diwali festival and investors are awaiting a key meeting in China to decide on stimulus measures.

Here’s a comparison of gold and silver prices from earlier this week:

Date22K Gold (per 10g)24K Gold (per 10g)Silver Price (per kg)
Nov 6₹73,540₹80,230₹95,900
Nov 5₹73,690₹80,390₹96,900
Nov 4₹73,690₹80,390₹96,900
Oct 31, 2024₹74,410₹81,170₹100,100
Oct 30, 2024₹73,760₹80,460₹99,100
All Mumbai rates
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About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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