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Gold Rate Today, November 19: In Mumbai, the price of 24-carat gold stands at Rs 1,24,860 per 10 grams, while 22k gold is available at Rs 1,14,450 per 10 grams.
Gold Rate Today, November 19.
Gold Rate Today, November 19: After four days of decline, prices of gold and silver rose in India on Wednesday, even as investors awaited minutes from the US Federal Reserve’s latest policy meeting and the US jobs report that could shed more light on the central bank’s interest rate trajectory. In Mumbai, the price of 24-carat gold stood at Rs 1,24,860 per 10 grams, while 22k gold was available at Rs 1,14,450 per 10 grams. These rates do not include GST and making charges. Silver was available at Rs 1,65,000 per kg.
On the MCX, gold rose marginally by 0.02% to trade at Rs 1,22,666 per 10 grams for the December 5 contracts in the futures market, while silver was trading higher by 0.21% to trade at Rs 1,54,976 per kg.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On November 19?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,14,600 | Rs 1,25,010 |
| Jaipur | Rs 1,14,600 | Rs 1,25,010 |
| Ahmedabad | Rs 1,14,500 | Rs 1,24,910 |
| Pune | Rs 1,14,450 | Rs 1,24,860 |
| Mumbai | Rs 1,14,450 | Rs 1,24,860 |
| Hyderabad | Rs 1,14,450 | Rs 1,24,860 |
| Chennai | Rs 1,14,450 | Rs 1,24,860 |
| Bengaluru | Rs 1,14,450 | Rs 1,24,860 |
| Kolkata | Rs 1,14,450 | Rs 1,24,860 |
Rahul Kalantri, vice-president (commodities) of Mehta Equities, said, “Gold and silver witnessed sharp volatility, declining early in the session before rebounding after the release of U.S. unemployment claims. Jobless claims rose to 232,000, up from 218,000 previously. Traders are now focused on the FOMC minutes and the upcoming labor market report for insights into the Federal Reserve’s policy stance. However policymakers’ Persistent doubts about additional easing continue to weigh on sentiment. Simultaneously, weakness in technology stocks and concerns over stretched valuations have pressured broader markets, giving gold some safe-haven support.”
US Fed Vice Chair Philip Jefferson said on Monday the US central bank needed to “proceed slowly” with further rate cuts, denting expectations for a decrease next month.
Non-yielding gold tends to do well in a low-interest-rate environment and during times of economic uncertainties.
Focus this week will be on US data releases, including the September nonfarm payrolls report on Thursday, for clues on the health of the world’s largest economy.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
November 19, 2025, 09:52 IST
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