Gold Rate Today opened another weak chapter on Thursday, November 12, 2026. Upstox, citing an indicative Goodreturns retail snapshot, put 24-carat gold at ₹13,980 per gram, or ₹1,39,800 per 10 grams. The 22-carat quotation stood at ₹12,815 per gram, equal to ₹1,28,150 for 10 grams. In that series, both gold-purity quotations recorded a third consecutive daily fall.

A headline cannot tell shoppers the final price of a necklace or coin. Indicative retail tables, exchange futures and local shop quotations describe different transactions, often captured at different times. Buyers need to compare like with like.

Gold Rate Today: Retail Gold Rates and What Changed

Upstox reported a fall of ₹218 per gram for 24K and ₹200 for 22K compared with November 11. That represents ₹2,180 and ₹2,000 respectively for ten grams. Its 18-carat retail listing stood at ₹1,04,850 per ten grams. These values exclude the charges added to a finished ornament.

The 24 carat gold rate from this source was ₹6,220 per 10 grams below its November 5 high of ₹1,46,020, not ₹6,220 below the immediately preceding session. Prices had risen on November 9 before dropping again, so the post-festival path was not one continuous slide.

The 22K gold price is especially relevant for jewellery buyers, but the day's rate should be checked with the retailer rather than inferred from a national average. Results for “Gold price India today” can show varying figures because publishers use different sources and update schedules.

Futures Decline as the Dollar Strengthens

The Economic Times reported December MCX gold futures near ₹1,39,081 per 10 grams during Thursday morning trade, down ₹635. This was an intraday quotation, not a closing settlement. NDTV Profit reported that the same contract had settled at ₹1,39,716 on Wednesday, November 11.

Reuters attributed global selling pressure to a stronger US dollar, unexpectedly firm US inflation and expectations that the Federal Reserve could raise rates. Higher yields increase the opportunity cost of owning non-interest-bearing precious metals. India crude oil prices may also matter for inflation and the rupee, but the cited reports did not identify oil as the main cause of Thursday's gold decline.

24K and 22K Quotations Across Cities

The Economic Times gave Delhi's 24 carat gold rate as ₹1,39,950 per 10 grams and Mumbai's as ₹1,39,800. Its 22K gold price was ₹1,28,350 in Delhi and ₹1,28,150 in Mumbai. Chennai and Hyderabad matched Mumbai in that source's table.

NDTV Profit used another dataset: its 24K figures were ₹1,39,780 for Delhi, ₹1,40,020 for Mumbai, ₹1,40,430 for Chennai and ₹1,40,130 for Bengaluru. A separate national indicative figure in the same report was ₹1,40,280. None of these should be presented as a universal checkout price. The search phrase “18 carat gold silver prices” can be confusing: 18K refers to gold purity, whereas silver has its own grades and quotations. Buyers should request the exact metal purity and weight rather than assuming one fixed conversion.

SILVER PRICES: What MCX and Retail Data Actually Say

SILVER PRICES also faced pressure in futures trading. The Economic Times recorded December MCX silver near ₹1,82,205 per kilogram, down about ₹2,320, or 1.3%, during the morning. Although its headline said silver jumped, the article body showed a decline. NDTV Profit quoted indicative silver at ₹1,85,340 per kilogram. That is ₹3,135 above the cited futures price, but the gap does not establish an error: contract delivery, market type and timestamps differ. Retail silver rates can also differ by city. A news Gold Rate Today comparison should therefore label the source and unit for each metal.

What Buyers Should Check Before Paying

For anyone searching “Gold price India today” or “18 carat gold silver prices”, prices listed online are only starting points. A showroom bill can include making charges, GST and other applicable costs. Verify hallmarks, item weight and the full itemised price before placing an order.

India crude oil prices and movements in other precious metals can help explain the wider market mood, but they cannot replace a live local quotation. Silver retail quotations and gold jewellery bills may not track futures point for point. A news Gold Rate Today report is most useful when it specifies whether a figure is a retail indication or a futures trade and gives its time of publication.