Gold Prices Today: 18, 22, and 24 Carat Rates in Major Indian Cities
Gold prices in India saw a mild correction on November 1, 2025, following a recent surge. On November 3, 24-carat gold was priced at Rs 12,317 per gram, 22-carat at Rs 11,290 per gram, and 18-carat at Rs 9,238 per gram. Prices vary across cities, with gold remaining a popular hedge against inflation and investment option.
Gold prices in India have been highly volatile recently, reaching an all-time high in early October before declining in the last two weeks of the month. On November 3, 2025, the price for 24-carat gold stood at Rs 12,317 per gram, up by Rs 17, while 22-carat gold was priced at Rs 11,290 per gram, an increase of Rs 15. The 18-carat gold rate was Rs 9,238 per gram. This mild correction on November 1 was attributed to the US Fed rate cut and uncertainty about future policy moves, creating a tug-of-war between market bulls and bears. Gold remains a preferred investment for hedging against inflation, with 24-carat gold being the most expensive and commonly used for investment, while 22-carat and 18-carat gold are primarily used for jewellery. Prices may vary slightly across major cities like Chennai, Mumbai, Delhi, and Kolkata. Market watchers are closely monitoring gold price fluctuations between November 3 and 8 to gauge the precious metal's future trajectory.
