Gold prices surge across Indian major cities
Precious metal markets registered steady upward momentum across major Indian cities on November 4. Domestic bullion traders recorded increased consumer demand ahead of the auspicious Dhanteras and Diwali festivals.
The retail price for 24-karat gold reached approximately ₹13,965 per gram across national metropolitan hubs. Meanwhile, 22-karat gold traded near ₹12,801 per gram for retail buyers. Delhi markets recorded slightly higher rates, with 24-karat gold touching ₹13,980 per gram. Mumbai, Kolkata, and Chennai maintained comparable price levels around ₹13,965 per gram.
Financial analysts attribute these rising trends to seasonal retail buying and robust international bullion demand. Households traditionally purchase gold during autumn festivals to invite prosperity and good fortune. Local jewelers reported heavy footfall as customers finalized advance bookings for upcoming wedding ceremonies.
Market experts advise buyers to check hallmark certifications before completing high-value retail transactions. Consumers continue monitoring daily price fluctuations closely as festive week celebrations approach rapidly.
