New Delhi: The price of gold in India witnessed a slight decline on Sunday, November 9, 2025, reflecting cautious investor sentiment amid changing global and domestic market dynamics. The dip in the yellow metal’s price comes as traders weigh global inflation trends, U.S. dollar fluctuations, and expectations around central bank policies.
As of Sunday, 24K gold is priced at ₹12,202 per gram, while 22K gold stands at ₹11,185 per gram, and 18K gold at ₹9,152 per gram. Market experts believe that ongoing geopolitical tensions, interest rate forecasts, and inflationary pressures could continue to influence gold’s trajectory in the coming days.
Gold Prices Across Major Indian Cities
According to data from Goodreturns, gold rates vary across cities based on regional demand and local market factors:
- Chennai: ₹12,328 (24K), ₹11,300 (22K), ₹9,425 (18K) per gram
- Mumbai, Kolkata, Bengaluru: ₹12,202 (24K), ₹11,185 (22K), ₹9,152 (18K) per gram
- Delhi: ₹12,217 (24K), ₹11,200 (22K), ₹9,167 (18K) per gram
The variation in prices highlights how local demand, import duties, and logistics costs impact rates across different regions.
Market Drivers and Outlook
Analysts attribute the current movement in gold prices to a combination of global and domestic influences — primarily the strength of the U.S. dollar, interest rate policies, and seasonal demand during India’s festive and wedding seasons.
“Gold remains a hedge against inflation, and with global economic uncertainties persisting, it continues to attract cautious investors,” said a commodities expert.
The market outlook suggests that while prices may fluctuate in the short term, gold’s long-term appeal as a safe-haven asset remains intact. Investors are advised to keep an eye on upcoming global economic data, inflation updates, and policy changes by major central banks, as these will be key indicators shaping the gold market in the weeks ahead.
Originally published on 24×7-news.com.
