Last Updated:
Gold Rate Today, December 5: In Mumbai, the price of 24-carat gold stands at Rs 1,29,650 per 10 grams, while 22k gold is available at Rs 1,18,850 per 10 grams.
Gold Rate Today, December 5.
Gold Rate Today, December 5: Gold prices remained flat on Friday, as traders await rate cut decision by the US Federal Reserve next week. In Mumbai, the price of 24-carat gold stood at Rs 1,29,650 per 10 grams, while 22k gold was available at Rs 1,18,850 per 10 grams. These rates do not include GST and making charges. Silver was available at Rs 1,90,900 per kg in the spot market.
On the MCX, gold inched down marginally by 0.16% to trade at Rs 1,29,870 per 10 grams for the February 5 contracts, whereas silver was trading slightly higher by 0.70% to trade at Rs 1,79,381 per kg in the futures market in the morning trade.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On December 5?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,18,990 | Rs 1,29,800 |
| Jaipur | Rs 1,18,990 | Rs 1,29,800 |
| Ahmedabad | Rs 1,18,890 | Rs 1,29,700 |
| Pune | Rs 1,18,850 | Rs 1,29,650 |
| Mumbai | Rs 1,18,850 | Rs 1,29,650 |
| Hyderabad | Rs 1,18,850 | Rs 1,29,650 |
| Chennai | Rs 1,18,850 | Rs 1,29,650 |
| Bengaluru | Rs 1,18,850 | Rs 1,29,650 |
| Kolkata | Rs 1,18,850 | Rs 1,29,650 |
Rahul Kalantri, vice-president (commodities) at Mehta Equities, said, “Gold firmed while silver dipped on Thursday after positive U.S. jobless claims data. Silver saw mild profit-booking from short-term futures traders as part of a routine pullback within its broader uptrend, ahead of the September PCE data, which is expected to shape expectations for monetary easing. Weak labour market indicators — including a sharper-than-expected drop in ADP payrolls and elevated layoffs — increased the likelihood of a rate cut at the upcoming FOMC meeting, with market odds now nearing 87%. A stronger rupee also exerted additional pressure on precious metals.”
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.
Click here to add News18 as your preferred news source on Google. December 05, 2025, 09:35 IST
Read More