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Gold Price Plunges ₹1,200 Amid Weak Global Cues — Is It Time to Grab the Dip?

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Introduction

If you’ve been tracking the gold rate today in India, you might have noticed a welcome surprise — prices have slipped by ₹1,200 per gram! For anyone waiting to buy gold jewellery or invest in bullion, this sudden dip feels like spotting a discount tag on your favorite item.

But what’s really behind this fall? Global trends, dollar moves, and local demand all play a part. Let’s break down what’s happening to gold and silver prices across India as of November 5, 2025.


Today’s Gold Rate in India: City-Wise Snapshot

City24K Gold (₹/g)22K Gold (₹/g)Silver (₹/kg)
Delhi12,26011,2351,50,950
Mumbai12,24511,2241,50,900
Chennai12,28011,2601,51,100
Kolkata12,25011,2301,50,850
Bengaluru12,24011,2201,50,880
Hyderabad12,25511,2301,50,920
Ahmedabad12,24811,2251,50,910
Jaipur12,25811,2301,50,940
Lucknow12,26511,2351,50,950
Patna12,24211,2201,50,900

💡 Note: The gold rate today in India varies slightly across cities due to taxes and jeweller margins.


Gold Price Comparison: Last Month vs This Month

Date24K Gold (₹/g)22K Gold (₹/g)Silver (₹/kg)Trend
5 Oct 202512,46011,4201,52,000Strong festive demand
25 Oct 202512,43411,4001,51,600Peak before correction
2 Nov 202512,30011,2751,51,000Demand easing
5 Nov 202512,24511,2241,50,900₹1,200 drop confirmed

This chart clearly shows how the gold rate today in India has declined after hitting its October highs.


Why Did Gold Prices Drop in India?

Several factors have triggered this correction:

  • Weak global cues: International markets saw a slowdown as investors turned to the dollar and bonds.
  • Stronger U.S. dollar: A firmer dollar reduces gold’s appeal globally.
  • Profit booking: After the October rally, traders locked in profits.
  • Cooling festive demand: With Diwali and wedding-season buying tapering off, domestic demand softened.
  • Silver influence: Silver’s dip in industrial demand mirrored gold’s correction.

In short, the gold rate today in India is reflecting a global cooldown — not a crash, just a market breather.


What This Means for Buyers and Investors

Jewellery Buyers:
For those planning weddings or gifts, the current gold rate in India offers a short-term buying opportunity. While not a massive discount, it’s certainly better than paying October’s peak prices.

Investors:
The gold rate today in India may seem tempting, but caution is key. If inflation fears rise or the global economy wobbles, gold could rebound sharply. For long-term investors, gradual accumulation is wiser than rushing in.

Silver Buyers:
Silver, hovering near ₹1.5 lakh per kg, is also down slightly — good news for those considering it as a dual jewellery and industrial metal investment.


Gold Rate Outlook for November 2025

Analysts expect:

  • Gold to stay in the ₹12,000–₹12,400 per gram band short term.
  • Silver to remain around ₹1,50,000–₹1,52,000 per kg.
  • Global rate movements to depend heavily on U.S. monetary policy and inflation data.

Think of it like your favorite stock — stable for now, but one big global headline could send it flying again.


Conclusion

The gold rate today in India slipping by ₹1,200 is a healthy correction, not a cause for panic. For buyers, it’s a small window to act; for investors, it’s a reminder that timing matters more than noise.

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