Gold prices continued to soften on Sunday, mirroring the decline seen in international markets. The yellow metal slipped on the MCX on Friday after US Federal Reserve officials signaled that uncertainty in economic data might delay any potential interest rate cuts. This cautious outlook weighed on global precious metal prices.
On November 15, MCX Gold December futures settled 2.64% lower at ₹1,23,400 per 10 grams, while MCX Silver December contracts dropped 4.27% to ₹1,55,530 per kg.
As per India Bullion data (10:15 am, November 16), 24-carat gold was priced at ₹1,23,910 per 10 grams, and 22-carat gold stood at ₹1,13,584 per 10 grams. Silver (999 Fine) was trading at ₹1,56,180 per kg.
Despite short-term volatility, gold has delivered a massive 1,200% surge from ₹7,638 in 2005 to over ₹1,25,000 in 2025, marking positive returns in 16 years and an impressive 56% YTD gain.
City-Wise Gold Prices on Sunday, November 16
Below are the latest gold and silver rates across major Indian cities including Mumbai, Delhi, Bengaluru, Hyderabad, Ahmedabad, Kolkata, and Chennai. Final retail prices may vary depending on GST, making charges, and jeweller margins.
Mumbai Prices
- 24K Gold: ₹1,23,690/10 gm
- 22K Gold: ₹1,13,383/10 gm
- MCX Gold: ₹1,23,400/10 gm
- Silver Bullion: ₹1,55,890/kg
- MCX Silver 999: ₹1,55,530/kg
Delhi Prices
- 24K Gold: ₹1,23,470/10 gm
- 22K Gold: ₹1,13,181/10 gm
- MCX Gold: ₹1,23,400/10 gm
- Silver Bullion: ₹1,55,620/kg
- MCX Silver 999: ₹1,55,530/kg
Kolkata Prices
- 24K Gold: ₹1,23,520/10 gm
- 22K Gold: ₹1,13,227/10 gm
- MCX Gold: ₹1,23,400/10 gm
- Silver Bullion: ₹1,55,690/kg
- MCX Silver 999: ₹1,55,530/kg
Ahmedabad Prices
- 24K Gold: ₹1,23,850/10 gm
- 22K Gold: ₹1,13,529/10 gm
- MCX Gold: ₹1,23,400/10 gm
- Silver Bullion: ₹1,56,100/kg
- MCX Silver 999: ₹1,55,530/kg
Bengaluru Prices
- 24K Gold: ₹1,23,790/10 gm
- 22K Gold: ₹1,13,474/10 gm
- MCX Gold: ₹1,23,400/10 gm
- Silver Bullion: ₹1,56,020/kg
- MCX Silver 999: ₹1,55,530/kg
Hyderabad Prices
- 24K Gold: ₹1,23,880/10 gm
- 22K Gold: ₹1,13,557/10 gm
- MCX Gold: ₹1,23,400/10 gm
- Silver Bullion: ₹1,56,140/kg
- MCX Silver 999: ₹1,55,530/kg
Chennai Prices
- 24K Gold: ₹1,24,050/10 gm
- 22K Gold: ₹1,13,713/10 gm
- MCX Gold: ₹1,23,400/10 gm
- Silver Bullion: ₹1,56,350/kg
- MCX Silver 999: ₹1,55,530/kg