Gold Rates Today, November 6: 24K, 22K, 18K Gold Falls On Dhanteras By Rs 25,600; CityWise Prices Here

Gold rates in India recorded their first drop this week on November 6, 2026, during the celebration of the Dhanteras festival across India. The Diwali cheer has commenced, and the latest dips come as good news for buyers who find the the Dhanteras auspicious period for investing in precious metals like gold and silver.

The physical gold rates dropped despite a mixed trend in MCX bullion. Apart from festival demand, gold also found support from falling crude oil prices that ease inflationary concerns and restore hope for delay in rate hikes.

Gold Rates In India Today:

A steep cut was recorded across all carats. On November 6th, 24-carat gold price crashed by a whopping Rs 25,600 in 100 grams to Rs 14,34,600 and plunged by Rs 2,560 in 10 grams to Rs 1,43,460. 8 grams and 1 gram gold were also cheaper in this carat to Rs 1,14,768 and Rs 14,346, registering a decline of Rs 2,048 and Rs 256 respectively.

In 22-carat, 100 grams gold plummeted by Rs 23,500 to Rs 13,15,000, while 10 grams gold slipped by Rs 2,350 to Rs 1,31,500. The price of 8 grams gold dropped by Rs 1,880 to Rs 1,05,200 and 1 gram gold was down by Rs 235 to Rs 13,150.

Furthermore, in 18-carat, gold declined by Rs 19,300 to Rs 10,75,900 per 100 grams, tumbled by Rs 1,930 to Rs 1,07,500 per 10 grams, slipped by Rs 1,544 to Rs 86,072 per 8 grams and is lower by Rs 193 to Rs 10,759 per 1 gram.

"Gold and silver futures are showing different trends in India, with gold holding on to gains while silver faces some selling pressure. The latest MCX exchange-displayed prices put December gold at Rs 1,43,970 per 10 grams, up Rs 736 or 0.51%. December silver was at Rs 1,86,901 per kg, down Rs 834 or 0.44%," said Vikram Subburaj, CEO, Giottus.com.

Internationally, gold continues to draw support from a weaker US dollar and declining Treasury yields. December COMEX gold futures settled 1% higher at $4,113.50 an ounce on November 5. Lower oil prices have also eased some inflation concerns, giving markets room to reassess the outlook for US interest rates. A softer dollar makes gold more affordable for international buyers, while lower yields reduce the opportunity cost of holding non-interest-bearing assets.

He also pointed out that silver, however, is more vulnerable to profit-taking after its recent sharp rally. Its industrial demand exposure and higher price volatility can lead to larger swings than gold. Domestic prices are also influenced by rupee movements and local market positioning.

Gold Rates In Top Cities:

Going ahead, as per the expert, the immediate focus is the US employment report due today. Strong hiring could reinforce expectations of a December Federal Reserve rate increase, supporting the dollar and putting pressure on precious metals. Weaker employment data could have the opposite effect by easing rate concerns.

For investors, the divergence between gold and silver calls for caution. Avoid chasing short-term price moves. Staggered buying and disciplined position sizing remain sensible while global rate expectations are shifting, as per Subburaj.

Gold Rates In Chennai vs Gold Rates In Delhi:

In Chennai, 24-carat and 22-carat gold has gotten cheaper than compared to gold sold in cities like Mumbai, Kerala, Bangalore, Hyderabad, Kolkata and Delhi. In Chennai, 24-carat gold price stood at Rs 14,335 per 1 gram and at Rs 1,43,350 per 10 grams. Here, 22-carat gold rates were at Rs 13,140 per 1 gram and at Rs 1,31,400 per 10 grams. However, 18-carat gold price were at Rs 10,760 per 1 gram and at Rs 1,07,600 per 10 grams/

Gold is most expensive in Delhi. In the national capital, 24-carat gold price stood at Rs 14,361 per 1 gram and at Rs 1,43,610 per 10 grams. Also, 22-carat gold rates were at Rs 13,165 per 1 gram and at Rs 1,31,650 per 10 grams. Additionally, 18-carat gold stood at Rs 10,764 per 1 gram and at Rs 1,07,640 per 10 grams.

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

In these cities, gold prices were same on Dhanteras. Here, 24-carat gold stood at Rs 14,346 per 1 gram and at Rs 1,43,460 per 10 grams. Further, 22-carat gold is priced at Rs 13,150 per 1 gram and at Rs 1,31,500 per 100 grams. Lastly, 18-carat gold prices are at Rs 10,759 per 1 gram and at Rs 1,07,590 per 10 grams.