Gold Prices Decline Across Multiple Indian Cities on November 6

Gold prices in India registered a decline across multiple cities on November 6. Nationally, the price for 1 gram of 22-carat gold was recorded at ₹13,228, marking a decrease of ₹237, while 8 grams of 22-carat gold fell by ₹1,896 to stand at ₹1,05,824. Markets across various regions observed similar downward adjustments in retail rates compared to the previous day's pricing.

In Coimbatore, 22-carat gold prices dropped to ₹13,140 for 1 gram (down by ₹245) and ₹1,05,120 for 8 grams (down by ₹1,960). Correspondingly, 24-carat gold in Coimbatore declined to ₹13,797 per gram (down by ₹257) and ₹1,10,376 for 8 grams (down by ₹2,056). Visakhapatnam, Madurai, and Vijayawada recorded identical price points and decreases for both purities.

Nagpur and Indore reported 22-carat gold at ₹13,200 for 1 gram, reflecting a decrease of ₹235, and ₹1,05,600 for 8 grams, down by ₹1,880. For 24-carat gold in these cities, 1 gram dropped by ₹247 to ₹13,860, while 8 grams decreased by ₹1,976 to ₹1,10,880.

In Surat, Jaipur, Vadodara, Lucknow, Chandigarh, Ludhiana, and Kanpur, 22-carat gold was priced at ₹13,254 for 1 gram in select western markets and ₹13,250 in northern hubs, with decreases ranging between ₹235. The corresponding 8-gram rates for these cities dropped by ₹1,880. Meanwhile, 24-carat gold in Surat, Jaipur, and Vadodara fell to ₹13,917 per gram (down by ₹246), with 8 grams priced at ₹1,11,336 (down by ₹1,968). Lucknow, Chandigarh, Ludhiana, and Kanpur recorded 24-carat rates at ₹13,913 for 1 gram (down by ₹246) and ₹1,11,304 for 8 grams (down by ₹1,968).

Eastern markets including Bhubaneswar and Patna noted 22-carat gold at ₹13,300 per gram, down by ₹235, and ₹1,06,400 for 8 grams, down by ₹1,880. The 24-carat gold in these two cities decreased by ₹247 for 1 gram to reach ₹13,965, and by ₹1,976 for 8 grams to reach ₹1,11,720.

In Thrissur, 22-carat gold stood at ₹13,150 per gram (down by ₹235) and ₹1,05,200 for 8 grams (down by ₹1,880), while 24-carat gold was priced at ₹13,808 for 1 gram (down by ₹246) and ₹1,10,464 for 8 grams (down by ₹1,968). In Mysore, 22-carat gold was recorded at ₹13,260 per gram (down by ₹235) and ₹1,06,080 for 8 grams (down by ₹1,880), with 24-carat rates at ₹13,923 for 1 gram (down by ₹247) and ₹1,11,384 for 8 grams (down by ₹1,976).

"Fluctuations in daily commodity prices like gold directly impact consumer retail behavior and localized purchasing trends across different tiers of cities in India. For businesses and investors tracking macroeconomic indicators, monitoring these regional pricing adjustments provides practical visibility into short-term bullion market shifts." — Dr. Shishir Gupta, Founder & CEO, StartupLanes