Gold Rate Today: Bangalore & Chennai Prices Recover After Crash; Check 24K, 22K, 18K Rates on Nov 6

Yellow metal prices jumped across all purities this morning. Yesterday, there was a decline in gold rates in major cities in India including Bengaluru & Chennai, giving buyers a sigh of relief. However, the rise in gold prices is making gold purchases difficult again for lower-income households. With the wedding season just around the corner, the high gold rates are expected to impact buying trends.

Gold rate in Bangalore today

On Thursday, November 6th, gold prices in Bangalore for 22-carat gold are priced at Rs. 1,11,750 per 10 grams after rising by Rs.400. 100 grams of the same is available at Rs. 11,17,500

Whereas the 24-carat gold rates in Bangalore surged by Rs. 430 to cost Rs. 1,21,910 per 10 grams, while 100 grams of this premium variant are priced at Rs. 12,19,100

The more affordable 18-carat gold also jumped by Rs. 320 per 10 grams and is currently priced at Rs. 91,430 per 10 grams, with 100 grams of the yellow metal available at Rs. 9,14,300.

Gold Rate In Chennai Today

Just like Bengaluru, Gold rate in Chennai today spiked after the crash in the last two days. The 24 carat gold rate in Chennai is currently at Rs. 1,22,730 aftre rising by Rs. 760. Meanwhile the 22 karat gold price in chennai is currently at Rs. 1,12,500 which jumped by Rs. 700.

MCX Gold and Silver Futures Update

Gold futures on the Multi Commodity Exchange (MCX), scheduled for delivery on December 5th, 2025, are trading today at Rs. 1,20,616 per 10 grams, rising by 0.08%. Similarly, silver futures, maturing on December 5th, have risen by 0.20% to Rs. 1,47,615 per kg.

Spot Gold and Spot Silver Rates

As per the latest Reuters commodity report, "Spot gold was up 1.3% at $3,983.89 per ounce as of 2:30 p.m. ET (1930 GMT). U.S. gold futures for December delivery rose 0.8% to settle at $3,992.90 per ounce. Spot silver gained 2.2% at $48.13 per ounce."

As per a report from Way to Wealth research desk, "Gold prices hovered near $3,975 per ounce on Wednesday, trimming early gains but staying supported by risk-off sentiment as a strong ADP jobs report dampened hopes of further Fed rate cuts. Meanwhile, easing trade tensions and China's removal of a tax exemption for gold retailers weighed on demand prospects in the world's largest gold market."

"On the technical front, MCX Gold continues to trade within the 122325-117628 range, with the daily trend remaining on the bearish side. The short-term 10 & 20 DEMA lines are acting as strong supply zones. A decisive close above the short-term DEMA could indicate a reversal toward higher levels. Immediate support is placed at 119150-118665, while resistance is seen around 121160-122150. Traders can sell MCX Gold near 121150 for a target of 118700, while sustained strength above 122150 should be taken as a stop-loss." the report further added.

Silver Prices Today in Bengaluru

The white metal rates in Bangalore stood at Rs. 1,51,500 per kg after rising Rs. 1000. Meanwhile, 100 grams of silver is currently priced at Rs 15,500, adding Rs 100.

Silver Prices In Chennai

Silver prices in Chennai jumped by Rs. 1000 per Kg today and are currently trading at Rs. 1,64,000. 100g of silver in Chennai is now available at Rs. 16,400.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.