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Reading: Gold costs drop by ₹3,351! Test 24 karat, 22 karat charges in Mumbai, Delhi, Bengaluru, different cities on November 15
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StockWaves > Market Analysis > Gold costs drop by ₹3,351! Test 24 karat, 22 karat charges in Mumbai, Delhi, Bengaluru, different cities on November 15
Market Analysis

Gold costs drop by ₹3,351! Test 24 karat, 22 karat charges in Mumbai, Delhi, Bengaluru, different cities on November 15

StockWaves By StockWaves Last updated: November 16, 2025 5 Min Read
Gold costs drop by ₹3,351! Test 24 karat, 22 karat charges in Mumbai, Delhi, Bengaluru, different cities on November 15
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Contents
Why did gold costs drop?Gold costs through the yearsGold and Silver Costs in Mumbai — November 15Gold and Silver Costs in Delhi — November 15Gold and Silver Costs in Kolkata — November 15Gold and Silver Costs in Ahmedabad — November 15Gold and Silver Costs in Bengaluru — November 15Gold and Silver Costs in Hyderabad — November 15Gold and Silver Costs in Chennai — November 15

Gold costs in the present day: The costs of the yellow steel closed over 2% down on India’s MCX after buying and selling hours on Friday, following losses within the worldwide markets.

MCX Gold December futures dropped 2.64% or ₹3,351 to ₹1,23,400 per 10 grams at 12 am on November 15, and the MCX Silver December contracts final closed 4.27% all the way down to ₹1,55,530 per kg.

Based on India Bullions knowledge, the costs of 24-carat gold have been ₹1,23,900/10 gm at 11:55 am on November 15, and 22-carat gold at ₹1,13,575/10 gms. Silver costs stood at ₹1,56,160/kg (Silver 999 Wonderful).

Why did gold costs drop?

Based on Jateen Trivedi, VP Analysis Analyst – Commodity and Foreign money, LKP Securities, “Gold costs stayed weak after yesterday’s night sell-off, as feedback from Federal Reserve members suggesting that the shortage of contemporary financial knowledge may delay additional fee cuts dampened sentiment in bullion. The greenback index strengthened, including extra strain on gold.”

Talking on the outlook for the yellow steel charges, Trivedi stated, “Gold is anticipated to stay unstable inside a spread of ₹1,24,000– ₹1,27,500.”

Gold costs through the years

Gold costs surged by 1,200%, rising from ₹7,638 in 2005 to over ₹1,25,000 in 2025 (as of September), recording optimistic returns in 16 of these years. Gold costs have gained 56% on a year-to-date (YTD) foundation.

Additionally Learn | Gold slips 3% as hawkish Fed feedback spark market sell-off

Take a look at in the present day’s gold charges for main cities, together with Ahmedabad, Delhi, Kolkata, Mumbai, Hyderabad, Bengaluru, and Chennai. Notably, jewellers might add making costs, taxes, and GST to the invoice, which is able to probably enhance the ultimate worth for retail clients.

Gold and Silver Costs in Mumbai — November 15

24 karat gold fee in Mumbai— ₹1,23,680/10 gm.

22 karat gold fee in Mumbai — ₹1,13,373/10 gm.

MCX Gold fee in Mumbai — ₹1,23,400/10 gm.

Silver bullion fee in Mumbai— ₹1,55,880/kg.

MCX Silver 999 fee in Mumbai — ₹1,55,530/kg.

Gold and Silver Costs in Delhi — November 15

24 karat gold fee in New Delhi— ₹1,23,470/10 gm.

22 karat gold fee in New Delhi— ₹1,13,181/10 gm.

MCX Gold fee in New Delhi — ₹1,23,400/10 gm.

Silver bullion fee in New Delhi— ₹1,55,610/kg.

MCX Silver 999 fee in New Delhi — ₹1,55,530/kg.

Additionally Learn | Gold costs bounce ₹2,000 this week! What’s behind the rise and how you can commerce?

Gold and Silver Costs in Kolkata — November 15

24 karat gold fee in Kolkata— ₹1,23,510/10 gm.

22 karat gold fee in Kolkata— ₹1,13,218/10 gm.

MCX Gold fee in Kolkata — ₹1,23,400/10 gm.

Silver bullion fee in Kolkata— ₹1,55,670/kg.

MCX Silver 999 fee in Kolkata — ₹1,55,530/kg.

Gold and Silver Costs in Ahmedabad — November 15

24 karat gold fee in Ahmedabad— ₹1,23,840/10 gm.

22 karat gold fee in Ahmedabad— ₹1,13,520/10 gm.

MCX Gold fee in Ahmedabad — ₹1,23,400/10 gm.

Silver bullion fee in Ahmedabad— ₹1,56,090/kg

MCX Silver 999 fee in Ahmedabad — ₹1,55,530/kg.

Gold and Silver Costs in Bengaluru — November 15

24 karat gold fee in Bengaluru— ₹1,23,780/10 gm.

22 karat gold fee in Bengaluru— ₹1,13,465/10 gm.

MCX in the present day gold fee Bengaluru — ₹1,23,400/10 gm.

Silver bullion fee in Bengaluru— ₹1,56,000/kg.

MCX Silver 999 fee in Bengaluru — ₹1,55,530/kg.

Gold and Silver Costs in Hyderabad — November 15

24 karat gold fee in Hyderabad— ₹1,23,870/10 gm.

22 karat gold fee in Hyderabad— ₹1,13,548/10 gm.

MCX Gold fee in Hyderabad — ₹1,23,400/10 gm.

Silver bullion fee in Hyderabad— ₹1,56,130/kg

MCX Silver 999 fee in Hyderabad — ₹1,55,530/kg.

Gold and Silver Costs in Chennai — November 15

24 karat gold fee in Chennai— ₹1,24,040/10 gm.

22 karat gold fee in Chennai— ₹1,13,703/10 gm.

MCX Gold fee in Chennai — ₹1,23,400/10 gm.

Silver bullion fee in Chennai— ₹1,56,330/kg.

MCX Silver 999 fee in Chennai — ₹1,55,530/kg.

Disclaimer: This story is for instructional functions solely. The views and proposals made above are these of particular person analysts or broking firms, and never of Mint. We advise buyers to examine with licensed consultants earlier than making any funding.

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