Gold and silver price on November 7: Gold prices rise by ₹130 per 10 grams; check the latest prices in your city

3 min read | Updated on November 07, 2024, 10:47 IST

SUMMARY

Gold prices rose by ₹130 to ₹80,510 per 10 grams in Delhi and ₹80,360 per 10 grams in Mumbai and Kolkata. Silver was trading at ₹95,900 per kg in Delhi, Mumbai and Kolkata.

US spot gold prices are trading lower by 0.07% at $2,657 an ounce in the early morning trade.

Gold prices edged up by ₹130 per 10 grams in early trade on Thursday, November 7, due to wedding season demand. Caution ahead of the US Federal Reserve’s policy announcement and gains in the dollar after Donald Trump’s win in the US presidential polls, however, restricted gains in the precious metal rates.

Gold prices rose by ₹130 to ₹80,510 per 10 grams in Delhi and ₹ 80,360 per 10 grams in Mumbai and Kolkata.

The spot Gold was trading lower by 0.07% at $2,657 an ounce in early Asian trade. The metal hit a low of $2,643 an ounce in overnight trade due to a spike in US bond yields and the US dollar.

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

Gold Price Today in India (November 7, 2024)

In Delhi markets, 24K gold prices rose by ₹130 to ₹80,510 per 10 grams and 22K gold by ₹120 at ₹73,810 per 10 grams.

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

Gold Price Today in Major Cities:

City	22K Gold (per 10gm)	24K Gold (per 10gm)
Delhi	₹73,810	₹80,510
Mumbai	₹73,660	₹80,360
Chennai	₹73,660	₹80,360
Kolkata	₹73,660	₹80,360

Silver Price Today in India (November 7, 2024)

Silver prices ruled flat in major Indian cities in early trade on Thursday as weak global trends capped gains from some 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 o.20% at $31.11 an ounce in global markets. The metal hit a low of $30.92 in overnight trade.

Silver Price Today in Major Cities:

City	Silver 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 moved in a range after the end of the festive season. Wedding season demand has been supporting gold prices, but a stronger dollar and high bond yields have hit the precious metal's appeal. Investors await the US Federal Reserve policy announcement on Thursday for further cues. Silver prices have also moved in a range after the Diwali festival.

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

Date	22K Gold (per 10g)	24K Gold (per 10g)	Silver Price (per kg)
Nov 7	₹73,660	₹80,360	₹95,900
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
Oct 29, 2024	₹73,140	₹79,790	₹97,900

All Mumbai rates

About The Author

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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Gold and silver price on November 7: Gold prices rise by ₹130 per 10 grams; check the latest prices in your city

Gold Price Today in India (November 7, 2024)

Gold Price Today in Major Cities:

Silver Price Today in India (November 7, 2024)

Silver Price Today in Major Cities:

Comparison of Gold and Silver Prices This Week

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

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