Gold Prices Rise Across Multiple Indian Cities on November 4

Gold prices saw a marginal increase across most major cities in India on November 4, following an upward trend compared to the previous day's rates. The price for 22-carat gold stood at ₹12,905 for 1 gram, registering an increase of ₹25, while 8 grams of 22-carat gold rose by ₹200 to reach ₹1,03,240.

Regional markets reported varied pricing structures for both 22-carat and 24-carat variants. In Coimbatore, Visakhapatnam, Madurai, Thrissur, and Vijayawada, 22-carat gold was priced at ₹12,825 for 1 gram (up by ₹25) and ₹1,02,600 for 8 grams (up by ₹200). The 24-carat gold in these cities stood at ₹13,466 for 1 gram (up by ₹26) and ₹1,07,728 for 8 grams (up by ₹208).

Cities like Nagpur and Indore recorded 22-carat gold at ₹12,875 for 1 gram (up by ₹25) and ₹1,03,000 for 8 grams (up by ₹200). Correspondingly, 24-carat gold in Nagpur and Indore was priced at ₹13,519 for 1 gram (up by ₹26) and ₹1,08,152 for 8 grams (up by ₹208).

Meanwhile, Surat, Jaipur, Vadodara, and surrounding markets reported slightly higher figures. In Surat and Jaipur, 22-carat gold was valued at ₹12,929 for 1 gram (up by ₹25) and ₹1,03,432 for 8 grams (up by ₹200), whereas 24-carat gold was priced at ₹13,575 for 1 gram (up by ₹26) and ₹1,08,600 for 8 grams (up by ₹208). Vadodara mirrored these exact rates for both purities.

In Lucknow, Chandigarh, Kanpur, and Ludhiana, 22-carat gold was traded at ₹12,925 for 1 gram (up by ₹25) and ₹1,03,400 for 8 grams (up by ₹200). The 24-carat gold in these locations reached ₹13,571 for 1 gram (up by ₹26) and ₹1,08,568 for 8 grams (up by ₹208).

Eastern markets such as Bhubaneswar and Patna recorded 22-carat gold at ₹12,975 for 1 gram (up by ₹25) and ₹1,03,800 for 8 grams (up by ₹200), while 24-carat gold stood at ₹13,624 for 1 gram (up by ₹26) and ₹1,08,992 for 8 grams (up by ₹208).

Mysore noted distinct regional pricing with 22-carat gold at ₹12,935 for 1 gram (up by ₹25) and ₹1,03,480 for 8 grams (up by ₹200). The 24-carat gold in Mysore was recorded at ₹13,582 for 1 gram (up by ₹26) and ₹1,08,656 for 8 grams (up by ₹208).

"The incremental upward revision in gold prices across various regional markets reflects standard daily pricing adjustments in the precious metals sector. For businesses and consumers monitoring commodity trends, tracking these city-wise variations is essential for understanding localized market behavior and retail dynamics." — Dr. Shishir Gupta, Founder & CEO, StartupLanes