Gold rate today, November 9: Check 22K, 24K gold prices in major cities

#Business Desk
Gold - representative image | Photo: AI generated
Gold - representative image | Photo: AI generated

Gold prices in India edged higher during Diwali's special Muhurat trading session on Sunday, but slipped in international markets on Monday, November 9.

In the domestic market, 24-carat gold was priced at Rs 1,43,040 per 10 grams, while 22-carat gold stood at Rs 1,31,120 per 10 grams, according to Bullion.co.in.

On the Multi Commodity Exchange (MCX), gold futures for December delivery rose 0.27% during the special Muhurat trading session on November 8 to settle at Rs 1,42,552 per 10 grams. Silver futures for December 4 delivery also gained 0.17% to close at Rs 1,85,100 per kg.

The gains came after gold prices declined in the previous session amid stronger-than-expected US employment data, a rising dollar index and higher Treasury yields.

However, bullion prices faced fresh pressure in international markets on Monday. Comex gold fell around 0.09% to $4,071.4 per ounce, while Comex silver declined 0.24% to $51.815 per ounce.

City-wise gold rates on November 9

The price of 24-carat gold varied across major Indian cities. Chennai recorded the highest rate among the five cities listed, while Delhi had the lowest.

     
Mumbai Rs 1,42,780 Rs 1,30,882
Delhi Rs 1,42,540 Rs 1,30,662
Chennai Rs 1,43,200 Rs 1,31,267
Kolkata Rs 1,42,590 Rs 1,30,708
Bengaluru Rs 1,42,900 Rs 1,30,992

Silver rates in major cities

Silver prices also differed across cities on Monday. Chennai recorded the highest rate among the listed metros at Rs 1,85,890 per kg.

   
Mumbai Rs 1,85,350
Delhi Rs 1,85,030
Chennai Rs 1,85,890
Kolkata Rs 1,85,110
Bengaluru Rs 1,85,500

The rates are indicative and may vary between jewellers and locations. The final price of jewellery may also include making charges and applicable taxes.