Gold Rates Today In Chennai, Hyderabad, Delhi, Mumbai, Cities: 24K, 22K, 18K Gold Prices Crash Up To Rs 21,800

Gold rates in India crashed for the third consecutive day as the US dollar strengthened to its highest level in more than a year. On November 12, 24-carat, 22-carat, and 18-carat gold prices dropped by Rs 16,000 to nearly Rs 22,000 in 100 grams, tracking the decline in MCX gold and spot gold, which have erased their pivotal levels of Rs 1.39 lakh and the $4,000 mark. The bullion is expected to remain under pressure due to the strong case of rate hike from the US Federal Reserve.

Gold Rates Today In India:

Gold prices crashed steepest by Rs 21,800 in 24-carat's 100 grams, while 22-carat and 18-carat gold rates dropped by Rs 20,000 and Rs 16,400 respectively. The 10 grams gold is down by Rs 2,180 in 24-carat to Rs 1,39,800, plunged by Rs 2,000 to Rs 1,28,150 in 22-carat and declined by Rs 1,640 to Rs 1,04,850 in 18-carat.

Today, 8 grams gold got cheaper by Rs 1,744 in 24-carat to Rs 1,11,840, slipped by Rs 1,600 in 22-carat to Rs 1,02,520 and is down by Rs 1,312 in 18-carat to Rs 83,880.

Gram	24K Gold	22K Gold	18K Gold
1g	₹13,980 (-218)	₹12,815 (-200)	₹10,485 (-164)
8g	₹1,11,840 (-1,744)	₹1,02,520 (-1,600)	₹83,880 (-1,312)
10g	₹1,39,800 (-2,180)	₹1,28,150 (-2,000)	₹1,04,850 (-1,640)
100g	₹13,98,000 (-21,800)	₹12,81,500 (-20,000)	₹10,48,500 (-16,400)

This is the third consecutive crash in gold prices. Prior to November 12th, 100 grams gold price nosedived by Rs 7,100 and Rs 19,100 on November 11th and 10th. The cumulative fall is about Rs 48,000 in 24-carat alone.

"Gold and silver futures are facing renewed pressure as stronger-than-expected US inflation data has strengthened expectations of further Federal Reserve tightening. On the MCX, December gold was quoted at Rs 1,39,730 per 10 grams, down Rs 795 or 0.57%. December silver was marginally higher at Rs 1,84,622 per kg, gaining Rs 97 or 0.05%, according to early-morning market snapshots," said Vikram Subburaj, CEO, Giottus.com.

Internationally, spot gold slipped to $3,979.09 an ounce, falling below the important $4,000 level. COMEX December gold futures were down 0.4% at $3,984.50. Spot silver declined 0.6% to $51.40 an ounce. A stronger dollar and rising Treasury yields are making bullion less attractive. Higher interest rates increase the opportunity cost of holding assets such as gold, which do not generate interest income.

As per Subburaj, the immediate concern is the changing outlook for US monetary policy. Hotter inflation has raised expectations of a December rate increase. This has strengthened the dollar and reduced the appeal of precious metals. Silver is also vulnerable to fluctuations in industrial demand, making its price movements more volatile.

Gold Rates In Top Cities:

Gold Rates In Chennai vs Gold Rates In Delhi:

In Chennai, 18-carat gold price is expensive compared to cities like Mumbai, Hyderabad and Bangalore. On November 12, 2026, 24-carat gold price is at Rs 13,980 per 1 gram in Chennai, while at Rs 1,39,800 in 10 grams and at Rs 13,98,000 per 100 grams. Furthermore, 22-carat gold rates are at Rs 12,815 per 1 gram, at Rs 1,28,150 per 10 grams and at Rs 12,81,500 per 100 grams. Here, 18-carat gold rates stood at Rs 10,490 per 1 gram, at Rs 1,04,900 per 10 grams and at Rs 10,49,000 per 100 grams.

Meanwhile, all 24-carat, 22-carat and 18-carat gold prices are highest in Delhi. In the national capital, 24-carat gold is sold at Rs 13,995 per 1 gram, at Rs 1,39,950 per 10 grams and at Rs 13,99,500 per 100 grams. Also, 22-carat gold price is at Rs 12,835 per 1 gram, at Rs 1,28,350 and at Rs 12,83,500 per 100 grams. Additionally, 18-carat gold is priced at Rs 10,500 per 1 gram, at Rs 1,05,000 per 10 grams and at Rs 10,50,000 per 100 grams.

Gold Rates In Bangalore vs Gold Rates In Hyderabad Vs Gold Rates In Mumbai:

In these three cities, gold prices are same across carats. 24-carat gold price is at Rs 13,980 per 1 gram, while 10 grams and 100 grams gold stood at Rs 1,39,800 and Rs 13,98,000 respectively. Furthermore, 22-carat gold price is at Rs 12,815 per 1 gram, at Rs 1,28,150 per 10 grams and at Rs 12,81,500 per 100 grams. Here, 18-carat is cheaper than Delhi and Chennai is being sold at Rs 10,485 per 1 gram, at Rs 1,04,850 per 10 grams and at Rs 10,48,500 per 100 grams.

To Indian investors, Subburaj suggested currency movements will remain important alongside international prices. A weaker rupee can cushion domestic bullion against global declines, while a stronger rupee can deepen the impact. The near-term outlook remains cautious. Investors should avoid chasing short-term price movements and watch US inflation, Treasury yields and the dollar for clearer direction. Staggered buying and disciplined position sizing are preferable in the current environment.

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