Gold Rate Today on Choti Diwali: 24K, 22k Gold Prices Recover After Friday's Sharp Fall; Check Rates On Nov 7

Gold prices today in India saw a marginal recovery on Saturday, November 7, after plunging sharply in the previous session, with 24K gold rising Rs 11 per gram to Rs 14,357 and 22K gold gaining Rs 10 to Rs 13,160.

The gold rate rose slightly today after the demand surge during Dhanteras shopping that took place yesterday, with consumers across India purchasing gold and silver ahead of Diwali.

With Diwali celebrations scheduled for November 8 and the wedding season approaching, festive demand could provide some support to domestic gold prices.

Gold Rate Today in India: 24K, 22K and 18K Gold Prices

The 24K gold price today in India stands at Rs 14,357 per gram, up Rs 11 from the previous session. The price of 8 grams of 24K gold is Rs 1,14,856, while 10 grams costs Rs 1,43,570. For 100 grams, the 24K gold rate stands at Rs 14,35,700.

The 22K gold rate today is Rs 13,160 per gram, marking an increase of Rs 10. The price of 8 grams of 22K gold is Rs 1,05,280, while 10 grams costs Rs 1,31,600. For 100 grams, the 22K gold price stands at Rs 13,16,000.

Meanwhile, the 18K gold rate today is Rs 10,768 per gram, up Rs 9. The price of 8 grams of 18K gold is Rs 86,144, while 10 grams costs Rs 1,07,680. The price of 100 grams of 18K gold stands at Rs 10,76,800.

Gold Price Today in India Over the Last 7 days

Gold rates have fluctuated over the past week, with the domestic bullion market reacting to international price movements.

On November 7, 2026, 24K gold was priced at Rs 14,357 per gram, up Rs 11, while 22K gold stood at Rs 13,160 per gram, gaining Rs 10.

On November 6, 24K gold declined by Rs 256 to Rs 14,346 per gram, while 22K gold fell by Rs 235 to Rs 13,150 per gram.

On November 5, 24K gold surged by Rs 322 to Rs 14,602 per gram, while 22K gold increased by Rs 295 to Rs 13,385 per gram.

On November 4, 24K gold gained Rs 316 to Rs 14,280 per gram, while 22K gold rose by Rs 290 to Rs 13,090 per gram.

On November 3, 24K gold increased by Rs 27 to Rs 13,964 per gram, while 22K gold gained Rs 25 to Rs 12,800 per gram.

On November 2, 24K gold rose by Rs 49 to Rs 13,937 per gram, while 22K gold increased by Rs 45 to Rs 12,775 per gram.

On November 1, 24K gold was priced at Rs 13,888 per gram, while 22K gold stood at Rs 12,730 per gram, with no change recorded in either category.

MCX Gold and Silver Prices

On the Multi Commodity Exchange (MCX), gold futures for the December 4, 2026 expiry contract settled at Rs 1,42,364, declining by Rs 1,731 or 1.20% during Friday's trading session. Meanwhile, silver futures for the December 4 expiry contract settled at Rs 1,84,977, gaining Rs 190 or 0.10%.

Gold Price Outlook Ahead

According to ICICI Direct's bullion outlook, "Spot Gold is expected to find support near $4000 and rise towards $4120 on weak dollar and softening of U.S treasury yields. As per CME FedWatch Tool, traders currently see about a 64% chance that Fed will raise interest rates in December, down from 84% in last week. Additionally, Central banks stepped up gold buying in the third quarter to its fastest pace since late 2024. Poland's central bank has reached its previously stated target for gold reserves of 700 metric tons, leaving the door open to further purchases. Meanwhile, investors will keep an eye on today's US nonfarm payrolls report for further clues on the monetary policy outlook."