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Gold Rate Today and SILVER PRICES, November 11: Why Gold Futures Rose While Retail Rates Fell

Gold Rate Today, November 11: Why Spot, MCX and City Prices Don't Match

Gold and silver futures rebound while retail quotations tell a different story.

Posted
Nov 11, 2026
Category
Economy

Gold Rate Today presents two different stories in India on Wednesday, November 11, 2026. A domestic bullion quotation cited by Mint placed gold at ₹1,42,010 per 10 grams, up ₹820, while December MCX futures traded at ₹1,41,280 at 9:05 am IST. Yet widely quoted retail gold and silver rates were lower than earlier listings.

That distinction matters to buyers. Gold price India today depends on whether a figure represents a bullion quote, a futures contract or a jeweller’s indicative selling rate. A ₹730 difference between two market quotations is not automatically a saving available at the counter. Futures have a defined delivery month, whereas a jewellery bill reflects metal value, workmanship and taxes.

Gold Rate Today and SILVER PRICES: Why quotations differ

HDFC Sky and Goodreturns listed the 24 carat gold rate at ₹14,198 per gram, or ₹1,41,980 for 10 grams. Eight grams therefore cost ₹1,13,584 before charges. That price is only ₹30 below the separate ₹1,42,010 domestic bullion quotation, not evidence of a substantial spot-versus-retail discount. Published rate tables are indicative figures, not binding offers from individual shops.

The 22K gold price in the same listings was ₹1,30,150 per 10 grams, while 18-carat gold stood at ₹1,06,490. Searches for “18 carat gold silver prices” may combine two different commodities; each requires its own purity, weight and pricing benchmark.

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MCX futures recover after Tuesday’s global sell-off

Goodreturns recorded December MCX gold up ₹755, or 0.54%, at ₹1,41,280 per 10 grams at 9:05 am. Silver futures rose ₹2,938, or 1.61%, to ₹1,85,514 per kilogram. By 9:29 am, silver reached ₹1,85,893, and an 11:10 am update put gold near ₹1,41,890 and silver at ₹1,87,501.

Financial Express reported international spot gold at approximately $4,045.57 an ounce at 9:28 am, up 0.34%, and spot silver at $52.38, up 1.69%. Silver Prices rose in futures trading even though quoted retail rates declined.

Reuters described gold’s rebound as technical buying after Tuesday’s nearly 3% fall. Stronger-than-expected US inflation and expectations of higher Federal Reserve rates still limited gains. India crude oil prices may affect inflation expectations indirectly, but they do not explain these intraday moves on their own.

Retail gold rates fall; Delhi reports differ

For Gold price India today, Goodreturns listed 24-carat retail gold at ₹1,41,980 per 10 grams, down ₹710, and 22-carat at ₹1,30,150, down ₹650. It quoted 18-carat gold at ₹1,06,490 and silver at ₹2,00,000 per kilogram, down ₹5,000. HDFC Sky compared its 24-carat quotation with Monday’s ₹1,44,600, showing a larger ₹2,620 decline.

Delhi was not identical to the other cities in HDFC Sky’s report: its 24 carat gold rate was ₹1,42,130, against ₹1,41,980 in Mumbai and several other cities. Asianet Newsable separately quoted Delhi 24-carat gold at ₹1,45,451 and silver at ₹1,89,070. The gold difference between the Delhi listings was ₹3,321 per 10 grams. Their silver quotations differed by ₹10,930 per kilogram, highlighting the importance of each publisher’s pricing feed.

For readers following “news Gold Rate Today” updates, these conflicting indicative figures should not be treated as a single official retail price. The 22K gold price also varies by source, seller and city. Even results for “18 carat gold silver prices” need separate checks for the two metals.

What buyers should verify before paying

Four checks matter: product purity, unit of weight, quotation source and time of update. India crude oil prices are a separate economic indicator, not a substitute for checking bullion markets. These precious metals may move sharply during trading, while retail lists update at different times.

Before buying, compare the jeweller’s written quote, hallmark or HUID, making charges and GST. The final invoice can exceed the displayed metal rate. Ask for itemised charges rather than verbal estimates alone. For “news Gold Rate Today” comparisons, identify whether the number represents 24K bullion, 22K jewellery, 18K gold or silver; that distinction matters more than the headline difference.

FAQ

Everything you need to know

What is the gold rate today in India on November 11, 2026?

Goodreturns quoted 24K gold at ₹1,41,980 per 10 grams in Mumbai and several major cities, while Delhi's figure was ₹1,42,130. Mint separately cited a domestic bullion quotation of ₹1,42,010, illustrating differences between rate providers.

Why did gold futures rise while retail gold rates fell?

MCX futures rose against the contract's previous reference close, while several published retail price tables showed declines against earlier retail listings. These are different market segments with different pricing methodologies and comparison periods.

What are the 22K and 18K gold prices today?

Goodreturns' November 11 listings quote 22K gold at ₹1,30,150 per 10 grams and 18K gold at ₹1,06,490 in Mumbai and several other cities. Delhi rates differ slightly, and jewellery prices may include additional charges.

What is the silver price today in India?

At 11:10 AM IST, Goodreturns reported December MCX silver futures at ₹1,87,501 per kilogram. HDFC Sky's Goodreturns-derived retail series quoted ₹2,00,000 per kilogram, while Mint separately reported a bullion quotation of ₹1,86,660. These are not interchangeable prices.

How can buyers verify gold jewellery before purchasing?

Check the declared purity, net weight, hallmark and six-character alphanumeric HUID. The Bureau of Indian Standards provides a Verify HUID feature through the BIS Care app. Buyers should also request an itemised invoice covering making charges and GST.

TUI

The United Indian Editorial Team

Independent · Fact-Checked · Est. 2021

Our editorial team covers India’s most important developments across environment, technology, governance, economy and society. Every story is independently researched, fact-checked, and written without advertiser influence.

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