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Gold and Silver Price Today, 16 November 2025: Precious metal prices in India saw a significant drop on Sunday, November 16. Even with domestic bullion markets closed for the weekend, today’s reported rates reflect a sharp correction from Friday’s closing high. This follows a cooling trend in global markets.
The gold price today saw a notable decline of over ₹1,500 per 10 grams for both 24-carat and 22-carat purities. The silver price today also saw a substantial drop, falling by over ₹4,000 per kg from yesterday’s reported prices.
Here is a complete breakdown of the gold and silver prices in major Indian cities today.
Following the sharp correction, the 22-carat gold price for jewelry is now trading well below the ₹1,15,000 mark. Check the latest prices for 24-carat (99.9% purity) and 22-carat (jewelry grade) gold per 10 grams in your city below.
| Major City | 22-Carat Gold (per 10 grams) | 24-Carat Gold (per 10 grams) |
|---|---|---|
| Chennai | ₹1,15,500 | ₹1,25,950 |
| Mumbai | ₹1,14,650 | ₹1,25,080 |
| Delhi | ₹1,14,800 | ₹1,25,230 |
| Kolkata | ₹1,14,650 | ₹1,25,080 |
| Bangalore | ₹1,14,650 | ₹1,25,080 |
The 1kg silver rate today mirrored gold’s fall, dropping significantly across all major cities. The price is now trading around the ₹1,69,000 mark.
| Major City | Silver (per 1 kg) |
|---|---|
| Chennai | ₹1,75,000 |
| Mumbai | ₹1,69,000 |
| Delhi | ₹1,69,000 |
| Kolkata | ₹1,69,000 |
| Bangalore | ₹1,69,000 |
Although Indian commodity markets (MCX) are closed on Sundays, today’s reported rates reflect a significant correction from Friday’s peak. This drop is attributed to easing geopolitical tensions and profit-booking in international markets, which set the price trend for domestic jewelers.

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Disclaimer: The gold and silver rates listed above are for informational purposes only. These prices are sourced from various trusted jewelers and bullion market reports. Prices may vary slightly at your local jeweler due to GST, TCS, and other taxes or making charges. Please verify all rates with your jeweler before making any purchase.
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