Gold Rate Today, November 3, 2026: Gold prices in India have started moving upward again after a period of weakness, bringing fresh attention to the precious metals market ahead of Dhanteras and Diwali. On Tuesday morning, gold rates increased across several major cities, supported by festive demand and renewed buying interest from jewellers and retail traders.

According to a Moneycontrol Hindi report, the price of 24-carat gold in Delhi reached ₹1,39,530 per 10 grams, while Mumbai recorded a rate of ₹1,39,380 for the same quantity. Prices in other major cities, including Jaipur, Chennai, Kolkata and Bengaluru, also reflected the upward trend.

The recovery follows a ₹500 increase in the price of 99.9% pure gold in Delhi's bullion market during the previous trading session.

Meanwhile, silver prices continued to face pressure, with the metal quoted at approximately ₹1,99,900 per kilogram on November 3.

Gold Prices Rise as Festive Buying Gains Momentum

The domestic gold market has received support from increased purchasing activity ahead of the festive season.

Dhanteras and Diwali are traditionally important occasions for buying gold jewellery, coins and other precious metal products in India.

During this period, jewellery retailers often increase their inventories to meet expected consumer demand.

According to the source report, stronger buying by jewellers and retail traders contributed to the recent increase in domestic gold prices.

Another factor supporting Indian bullion prices has been weakness in the rupee against the US dollar.

Since India imports a significant portion of its gold requirements, a weaker rupee can increase the domestic cost of imported precious metals.

However, gold prices remain sensitive to international market movements, interest rate expectations and changes in investor sentiment.

Gold Rate Today: 22K and 24K Prices in 10 Major Cities

The following table shows the reported gold prices on November 3, 2026. All rates are for 10 grams.

Source: Moneycontrol Hindi, November 3, 2026. These are reported indicative prices and may exclude GST, making charges and dealer-specific costs.

Among the cities listed, Delhi, Jaipur, Lucknow and Chandigarh have the highest quoted 24-carat gold price at ₹1,39,530 per 10 grams.

Mumbai, Chennai, Kolkata and Hyderabad share a lower reported rate of ₹1,39,380 per 10 grams.

Actual jewellery prices may vary depending on purity, local market conditions and additional charges.

Gold Price in Delhi Today

Gold prices in the national capital recorded an increase ahead of the festive season.

According to the latest reported rates:

• 24-carat gold: ₹1,39,530 per 10 grams
• 22-carat gold: ₹1,27,910 per 10 grams

The Delhi bullion market also witnessed a ₹500 increase in the price of 99.9% pure gold during the previous session.

Market participants attributed the rise partly to stronger demand from jewellery businesses preparing for festive sales.

Gold Rate in Mumbai, Chennai and Kolkata

Gold prices in Mumbai, Chennai and Kolkata were quoted at similar levels on November 3.

In these cities, 24-carat gold was priced at ₹1,39,380 per 10 grams, while 22-carat gold stood at ₹1,27,760.

Bengaluru and Pune also recorded the same rates, according to the supplied report.

Although reference prices may be similar, consumers should compare quotations from local jewellers before purchasing gold.

Gold Price in Jaipur, Ahmedabad and Lucknow

Jaipur, an important jewellery market in Rajasthan, recorded a 24-carat gold price of ₹1,39,530 per 10 grams.

The city's 22-carat gold rate stood at ₹1,27,910.

In Ahmedabad, 24-carat gold was priced at ₹1,39,430 per 10 grams, while 22-carat gold was quoted at ₹1,27,810.

Lucknow reported prices similar to Delhi and Jaipur, with 24-carat gold at ₹1,39,530 and 22-carat gold at ₹1,27,910 per 10 grams.

International Gold Price Today

Global gold prices remain an important factor influencing the Indian bullion market.

According to the November 3 report, international spot gold was trading at approximately $3,954.41 per troy ounce.

The metal remained below the $4,000-per-ounce level mentioned in the report, reflecting continued uncertainty in international markets.

Investors are monitoring US monetary policy developments, changes in bond yields and movements in the dollar.

Geopolitical tensions in West Asia are also contributing to uncertainty.

Gold is often viewed as a safe-haven asset during periods of economic or geopolitical instability, although its price can still experience substantial short-term fluctuations.

Why Are Gold Prices Increasing Before Diwali?

Several factors are contributing to movements in domestic gold prices.

1. Higher Demand From Jewellery Retailers

Jewellery businesses typically prepare for increased sales during Dhanteras and Diwali.

Higher inventory purchases can support demand in the wholesale bullion market.

2. Weakness in the Indian Rupee

Gold is internationally priced in US dollars.

When the rupee weakens against the dollar, the domestic cost of imported gold can rise, even if international prices remain relatively stable.

3. Global Economic Uncertainty

Changes in inflation expectations, economic growth forecasts and geopolitical conditions can influence investor interest in precious metals.

4. US Federal Reserve Policy

Interest rate decisions by the US Federal Reserve can affect gold prices.

Higher interest rates may increase the attractiveness of interest-bearing investments, while expectations of lower rates can sometimes support gold.

5. Festive Consumer Demand

Gold purchases traditionally increase during important Indian festivals and the wedding season.

However, seasonal demand alone does not determine prices, as global market factors also play a major role.

Will Gold Prices Rise Further in November 2026?

The near-term direction of gold prices remains uncertain.

Praveen Singh, Head of Commodities at Mirae Asset Sharekhan, was cited in the report as expecting gold to trade within a limited range in the near future.

He also indicated that continued tensions in West Asia and international gold prices remaining below $4,000 per ounce could leave room for further weakness.

This suggests that the recent increase in domestic gold prices does not necessarily indicate the beginning of a sustained rally.

Investors and consumers should continue monitoring international developments and domestic market conditions.

Silver Price Today: Rates Remain Under Pressure

While gold prices have shown signs of recovery, silver continues to experience weakness.

According to the source report, silver was quoted at approximately ₹1,99,900 per kilogram in India on the morning of November 3, 2026.

In the international market, spot silver was trading near $50.64 per troy ounce.

The report also referred to a significantly higher domestic silver price earlier in the year, highlighting the extent of recent volatility.

Silver prices are influenced by both investment demand and industrial consumption, particularly in sectors such as electronics, solar energy and manufacturing.

Consequently, silver can experience sharp price movements when global economic expectations change.

What Should Buyers Check Before Purchasing Gold?

Consumers planning to buy gold during Dhanteras or Diwali should pay attention to more than the displayed market rate.

Gold jewellery prices generally include the cost of the metal, making charges and applicable taxes.

Buyers should also verify purity and hallmarking details before completing a purchase.

In India, BIS hallmarking helps consumers identify the declared purity of eligible gold jewellery.

It is advisable to request a detailed invoice mentioning the weight, purity, making charges, taxes and total amount paid.

Comparing prices from multiple reputable jewellers may also help consumers make informed purchasing decisions.

Conclusion

Gold prices moved higher on November 3, 2026, as festive demand supported the domestic bullion market.

The reported price of 24-carat gold reached ₹1,39,530 per 10 grams in Delhi and Jaipur, while Mumbai recorded ₹1,39,380.

International gold was quoted at approximately $3,954.41 per ounce, with investors closely watching global interest rate expectations and geopolitical developments.

Silver, meanwhile, remained under pressure at around ₹1,99,900 per kilogram in the domestic market.

With Dhanteras and Diwali approaching, consumers should check the latest city-wise gold rates and compare jewellery charges before making purchases.

Disclaimer: Gold and silver prices fluctuate throughout the trading day. The rates mentioned above are based on the supplied November 3, 2026 report and have not been independently verified as live market quotations. Actual retail prices may vary depending on taxes, purity, making charges and local dealer premiums. This article is for informational purposes only and does not constitute investment advice.