Business Desk – Gold Silver Price Today: There was a rise in the prices of gold and silver in the domestic market on Friday, 13 November. After the huge fall in the international market on Thursday, both the precious metals recovered on MCX on Friday morning.
At around 9:13 am, gold on MCX was trading at Rs 1,37,790 per 10 grams, up 0.71%. Whereas silver increased by about 0.40% to Rs 1,80,270 per kg.
However, there remains pressure on gold in the international market. On Thursday, gold fell for the third consecutive trading session and reached its lowest level in more than a year. This has increased the concern of investors. Friday’s rise in the domestic market is currently being seen as a recovery.
Gold prices in big cities including Delhi-Mumbai
There is a difference in the prices of 24 carat and 22 carat gold on November 13 in major cities of the country. In Delhi, 24 carat gold is at Rs 1,37,300 per 10 grams and 22 carat gold is at Rs 1,25,858.
In Mumbai, the price of 24 carat gold is Rs 1,37,880 and that of 22 carat is Rs 1,26,390 per 10 grams. In Kolkata, 24 carat gold is at Rs 1,37,700 and 22 carat gold is at Rs 1,26,225.
In Chennai, the price of 24 carat gold is Rs 1,38,280 and that of 22 carat is Rs 1,26,757 per 10 grams. In Bengaluru, 24 carat gold is available at Rs 1,37,390 and 22 carat gold at Rs 1,26,491. In Hyderabad, the price of 24 carat gold is Rs 1,38,100 and that of 22 carat is Rs 1,26,592 per 10 grams.
Recovery in silver prices also
Along with gold, silver prices also rose on Friday morning. On MCX, silver rose by about 0.40% to Rs 1,80,270 per kg. Talking about the retail price of cities, silver in Delhi is at Rs 1,79,630 per kg.
The price of one kg silver in Mumbai is Rs 1,80,580, in Kolkata it is Rs 1,80,340 and in Bengaluru it is Rs 1,80,720. Silver is at Rs 1,80,870 per kg in Hyderabad and Rs 1,81,110 per kg in Chennai.
What is the reason for the fall in gold and silver prices?
Gold prices in the international market are under pressure from the strengthening of the US dollar and increase in bond yields. After higher than expected inflation figures in America, the fear of the Federal Reserve raising interest rates has strengthened.
Apart from this, crude oil prices have increased due to weakening hopes of a peace agreement in the Middle East. Due to this, the possibility of increase in inflation has also increased. Generally, when interest rates remain high, the demand for investments like gold, which do not provide regular interest, weakens.
On Thursday, spot gold had fallen by about 2.7% to $ 3,881.70 an ounce in the international market. This was the lowest level since October 2025. A decline was also recorded in silver.
What will be the impact on gold and silver prices going forward?
In the coming days, US inflation data, signals from the Federal Reserve regarding interest rates, movement of the dollar and crude oil prices may decide the direction of gold and silver. If inflation data remains strong and the possibility of interest rates rising remains, then precious metals may remain under pressure. On the contrary, if the dollar weakens or there are signs of softening of interest rates, gold and silver may get support.
Note: There may be difference in prices in different bullion markets and jewelers. 3% GST, making charges and other applicable charges will be added separately when purchasing jewellery.