Synopsis: Gold and silver prices in India remain steady amid global inflation concerns and festive demand. On November 2, 2025, 24K gold is priced at Rs 12,300 per gram and silver trades at Rs 1,52,000 per kg, with slight city-wise variations.
On November 2, 2025, gold and silver prices in India continue to reflect the interplay of global economic trends, currency fluctuations, and local festive demand. With wedding season approaching, the bullion market has seen consistent buying interest, though prices have stabilised after recent volatility.
As of today, 24K gold is priced at Rs 12,300 per gram, while 22K gold, commonly used in jewellery, stands at Rs 11,275 per gram. Meanwhile, silver trades at Rs 1,52,000 per kilogram, continuing to attract both investors and jewellery buyers.
Gold and silver remain integral to Indian households — not only as symbols of prosperity during festivals like Diwali and Dhanteras but also as trusted investment assets during inflationary periods.
Gold Prices on November 2, 2025
The prices of gold in India have edged slightly higher compared to the previous day, driven by firm international demand and a marginally weaker rupee. Below is a city-wise breakdown of today’s gold prices:
Delhi:
- 24K Gold – ?12,315 per gram
- 22K Gold – ?11,290 per gram
Mumbai:
- 24K Gold – ?12,300 per gram
- 22K Gold – ?11,275 per gram
Kolkata:
- 24K Gold – ?12,300 per gram
- 22K Gold – ?11,275 per gram
Chennai:
- 24K Gold – ?12,338 per gram
- 22K Gold – ?11,310 per gram
The marginal differences in rates across cities are primarily due to local taxes, transport costs, and jewellery association premiums.
Silver Prices on November 2, 2025
Silver continues to hold steady after recent gains. It is currently trading at Rs 1,52,000 per kilogram, while Silver 925 (sterling silver) is priced at Rs 1,50,000 per kilogram. Industrial demand and global commodity trends have played a crucial role in stabilising silver prices.
Here’s a look at the latest silver rates across major cities:
- Delhi: Silver 999 – ?1,520 per 10 grams
- Mumbai: Silver 999 – ?1,520 per 10 grams
- Kolkata: Silver 999 – ?1,520 per 10 grams
- Chennai: Silver 999 – ?1,660 per 10 grams
Silver’s demand remains robust, particularly in regions where silver ornaments and utensils are preferred over gold. Additionally, silver’s growing use in electronics and solar energy manufacturing is adding to its long-term investment appeal.
Market Outlook
Experts suggest that precious metal prices could stay range-bound in the coming week, influenced by global inflation data and expectations of interest rate cuts by major central banks. With festive sentiment strong and the wedding season in full swing, retail demand for gold and silver is likely to remain high through November.
Disclaimer: This article is for informational purposes only. Gold and silver prices are subject to market fluctuations influenced by international and domestic factors. Readers are advised to verify rates with local jewellers before making purchases or investments.
