Gold and silver prices decline on 8 November 2025. 24-carat gold in Delhi at ₹1,22,730 per 10g, silver at ₹1,52,400 per kg. Check rates across major Indian cities and global trends.
Gold and silver prices in India have witnessed a decline on 8 November 2025 after several days of bullish momentum. Following a surge due to global tensions and high demand, both metals have experienced a drop in rates today. In Delhi, 24-carat gold for 10 grams fell to ₹1,22,730, while silver prices also dipped, with the metal trading at ₹1,52,400 per kilogram.
Gold Rates in Major Indian Cities
The latest rates for 22-carat and 24-carat gold across major cities in India are as follows:
| City | 22-Carat Gold (₹/10g) | 24-Carat Gold (₹/10g) |
|---|---|---|
| Delhi | 111,990 | 122,160 |
| Mumbai | 111,840 | 122,010 |
| Ahmedabad | 111,890 | 122,060 |
| Chennai | 111,840 | 122,010 |
| Kolkata | 111,840 | 122,010 |
| Hyderabad | 111,840 | 122,010 |
| Jaipur | 111,990 | 122,160 |
| Bhopal | 111,890 | 122,060 |
| Lucknow | 111,990 | 122,160 |
| Chandigarh | 111,990 | 122,160 |
In Pune and Bengaluru, 24-carat gold is priced at ₹122,010 per 10 grams, while 22-carat gold is ₹111,840 per 10 grams.
Global Gold Trends
On the global front, gold spot price has surged to $3,996.93 per ounce. Analysts from Goldman Sachs predict that gold could reach $4,900 per ounce by December 2026. ANZ forecasts that by mid-2026, gold may trade around $4,600 per ounce. DSP Merrill Lynch also indicates that the bullish trend in gold is expected to continue in the near term.
Silver Prices Also Drop
Silver prices fell on Saturday, 8 November 2025, following a slight increase on Friday. In Delhi, silver prices decreased by 200 rupees compared to the previous day, dropping to ₹1,52,400 per kilogram.
Silver Rates in Major Cities
| City | Silver (₹/kg) |
|---|---|
| Delhi | 1,52,400 |
| Mumbai | 1,52,400 |
| Ahmedabad | 1,52,400 |
| Chennai | 1,64,900 |
| Kolkata | 1,52,400 |
| Gurugram | 1,52,400 |
| Lucknow | 1,52,400 |
| Bengaluru | 1,52,400 |
| Jaipur | 1,52,400 |
| Patna | 1,52,400 |
| Bhubaneswar | 1,52,400 |
| Hyderabad | 1,64,900 |