Gold Rates Today, November 4: 24K, 22K, 18K Gold Prices Up Rs 31,600-23,700 In Chennai, Delhi, Mumbai, Cities

Gold rates in India continued to rise for the third day straight as the Dhanteras festival nears, where demand for precious metals is expected to be high. On November 4, 2026, gold extended their uptrend to surge by a massive Rs 31,600 in 24-carat, and further climbed by Rs 29,000 in 22-carat and rose by Rs 23,700 in 18-carat. This is despite MCX gold and spot gold trading under pressure as Democrats sweep victory in the US midterm elections. The surge in physical gold rates is driven by domestic factors like festive cheer, support against rate hike predictions, elevated crude oil prices, the energy crisis and dollar-INR movement.

The market is balancing softer energy prices against the prospect of tighter US monetary policy. Investors continue to price in a 78% probability of a Federal Reserve rate hike in December. Higher interest rates and a stronger dollar tend to weigh on gold and silver, as they increase the cost of holding non-yielding assets. US midterm election results and upcoming labour-market data could influence the dollar, bond yields and the Fed's policy outlook, as per Vikram Subburaj, CEO, Giottus.com.

Gold Rates In India Today:

On Wednesday, the 24-carat gold price climbed in the range of Rs 316 in 1 gram to the highest Rs 31,600 in 100 grams, with 10 grams gold price at Rs 1,42,800 and 8 grams gold at Rs 1,14,240 respectively.

Moreover, 22-carat gold price advanced by Rs 29,000 in 100 grams to Rs 290 in 1 gram. Here, the 10 grams and 8 grams gold rates stood at Rs 1,30,900 and Rs 1,07,100 respectively.

Under 18-carat, gold prices jumped by Rs 237 in 1 gram to highest Rs 23,700 in 100 grams. Further, the 750 purity gold rates are at Rs 1,07,100 per 10 grams and at Rs 85,680 per 8 grams.

Gold (grams)	24K Gold	22K Gold	18K Gold
1 gram	₹14,280 (+₹316)	₹13,090 (+₹290)	₹10,710 (+₹237)
8 grams	₹1,14,240 (+₹2,528)	₹1,04,720 (+₹2,320)	₹85,680 (+₹1,896)
10 grams	₹1,42,800 (+₹3,160)	₹1,30,900 (+₹2,900)	₹1,07,100 (+₹2,370)
100 grams	₹14,28,000 (+₹31,600)	₹13,09,000 (+₹29,000)	₹10,71,000 (+₹23,700)

Earlier, gold prices jumped by Rs 2,700 on November 3rd and were higher by Rs 4,900 on November 2nd in 24-carat.

For Indian investors, Subburaj said, the recovery remains uneven. Gold is slightly weaker in domestic early trading, while silver is holding a modest gain. The rupee-dollar exchange rate and international price movements will determine how these trends carry into the regular MCX session. Investors should avoid reacting to small early-session moves and watch whether prices sustain direction after the market opens.

Gold Rates In Top Cities:

Gold Rates In Delhi: 24K Gold Crosses Rs 1.40 Lakh

In the national capital, 24-carat gold price surged to Rs 14,295 per 1 gram, at Rs 1,42,950 per 10 grams and at Rs 14,29,500 per 100 grams. Here, 22-carat gold rates stood at Rs 13,105 per 1 gram, at Rs 1,31,050 per 10 grams and at Rs 13,10,500 per 100 grams. Further, 18-carat gold prices are expensive at Rs 10,725 per 1 gram, at Rs 1,07,250 per 10 grams and at Rs 10,72,500 per 100 grams.

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

24 carat, 22 carat and 18 carat gold prices are most expensive in Chennai. In this southern city, 24-carat gold price stood at Rs 14,291 per 1 gram, at Rs 1,42,910 per 10 grams and at Rs 14,29,100 per 100 grams. Meanwhile, 22-carat gold price stood at Rs 13,100 per 1 gram, at Rs 1,31,000 per 10 gram and at Rs 13,10,000 per 100 grams.

But in cities like Mumbai, Bangalore and Hyderabad, all carats are same. Accordingly, 24-carat prices are at Rs 14,280 per 1 gram, at Rs 1,42,800 per 10 grams and at Rs 14,28,000 per 100 grams. Further, 22-carat gold prices stood at Rs 13,090 per 1 gram, at Rs 1,30,900 per 10 grams and at Rs 13,09,000 per 100 grams. Additionally, the 18-carat gold rates are priced at Rs 10,710 per 1 gram, at Rs 1,07,100 per 10 grams, and at Rs 10,71,000.

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