Gold and silver prices declined in the domestic market on Wednesday, 4 November, as buyers prepare for the upcoming Dhanteras and Diwali festivities.
At 9:28 am, gold prices in India stood at ₹1,39,790 per 10 grams, down ₹100 or 0.07%. Silver prices fell ₹1,910 or 1.06% to ₹1,78,570 per kg, according to Bullion.com.
On the MCX, gold futures declined 0.09% to ₹1,39,333 per 10 grams, while silver futures fell 0.95% to ₹1,77,985 per kg.
Dhanteras will be celebrated on 6 November, while Diwali falls on 8 November 2026. Gold and silver purchases are considered an important part of the festive celebrations, with many households buying jewellery, coins and utensils during this period.
In the international market, gold prices edged higher on Wednesday, supported by a softer US dollar ahead of the US midterm election outcome. Investors were also awaiting US non-farm payrolls data later this week for clues about the Federal Reserve’s monetary policy direction, according to Reuters.
According to Investing.com, December gold futures rose 0.16% to $3,946.75 per ounce, while silver futures fell to $49.253 per ounce at 9:26 am.
Meanwhile, uncertainty surrounding geopolitical developments involving Iran and the United States continued to influence investor sentiment. Traders were also assessing the possibility of further US interest rate hikes. Higher interest rates generally increase the opportunity cost of holding non-yielding assets such as gold.
Gold and silver prices today in India – 4 November
Gold is available in different purities in the retail market. While 24-karat gold is the purest form, 22-karat gold is commonly used to make jewellery because of its greater durability.
Here is a look at the latest retail prices of 24K gold, 22K gold and 999 fine silver across major Indian cities on 4 November.
Gold Prices in New Delhi — 4 November
24 karat gold rate in New Delhi — ₹1,39,850/10 gm
22 karat gold rate in New Delhi — ₹127,683/ 10 gm
Silver 999 Fine rate in New Delhi — ₹177,940/ 1 kg
Gold Prices in Mumbai — 4 November
24 karat gold rate in Mumbai — ₹139,440/10 gm
22 karat gold rate in Mumbai — ₹127,820/10 gm
Silver 999 Fine rate in Mumbai — ₹178,080/ 1 kg
Gold Prices in Bengaluru — 4 November
24 karat gold rate in Bengaluru — ₹139,650/10 gm
22 karat gold rate in Bengaluru — ₹128,013/10 gm
Silver 999 Fine rate in Bengaluru — ₹178,380/ 1 kg
Gold Prices in Kolkata — 4 November
24 karat gold rate in Kolkata — ₹139,250/10 gm
22 karat gold rate in Kolkata — ₹127,646/10 gm
Silver 999 Fine rate in Kolkata — ₹177,840/ 1 kg
Gold Prices in Hyderabad — 4 November
24 karat gold rate in Hyderabad — ₹139,660/10 gm
22 karat gold rate in Hyderabad — ₹128,022/10 gm
Silver 999 Fine rate in Hyderabad — ₹178,360/ 1 kg
Gold Prices in Chennai — 4 November
24 karat gold rate in Chennai — ₹139,840/10 gm
22 karat gold rate in Chennai — ₹128,187/10 gm
Silver 999 Fine rate in Chennai — ₹178,600/ 1 kg
Disclaimer: This is for informational purposes only. Gold and silver prices may vary across jewellers and locations.