Gold and silver prices edged higher on the MCX on Friday morning (November 7, 2025), supported by firm global cues and a weaker US dollar. MCX Gold December futures rose 0.27% to ₹1,20,939 per 10 grams, while MCX Silver December futures gained 0.60% to ₹1,47,938 per kg at around 9:15 am.
Globally, gold prices climbed after private-sector job data strengthened expectations of another US Federal Reserve rate cut in December. The US government shutdown, which began on October 1 and has now become the longest in US history, further lifted demand for safe-haven assets.
| City | 24 Karat (₹) | 22 Karat (₹) | 20 Karat (₹) | 18 Karat (₹) |
| New Delhi | 1,20,900 | 1,10,825 | 1,00,750 | 90,675 |
| Mumbai | 1,21,110 | 1,11,018 | 1,00,925 | 90,833 |
| Kolkata | 1,20,950 | 1,10,871 | 1,00,792 | 90,713 |
| Chennai | 1,21,460 | 1,11,338 | 1,01,217 | 91,095 |
| Bangalore | 1,21,210 | 1,11,109 | 1,01,008 | 90,908 |
Note: These prices are indicative. Actual prices may vary depending on the dealer's margins, making charges, GST, and other applicable levies.
| City | Silver 999 Fine (₹ / 1 Kilogram) |
| New Delhi | 1,48,170 |
| Mumbai | 1,48,420 |
| Kolkata | 1,48,230 |
| Chennai | 1,48,860 |
| Bangalore | 1,48,540 |
Note: These prices are indicative. Actual prices may vary depending on the dealer's margins, making charges, GST, and other applicable levies.
Read more: EPFO Urges Employers to Register for PMVBRY Scheme to Boost Job Creation.
Gold and silver prices continue to show strong momentum in India, with significant year-on-year gains reflecting positive investor sentiment and global trends. As seen across Delhi, Mumbai, and Bangalore, the rise in precious metal prices highlights their appeal as a hedge against inflation and economic uncertainty.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Nov 7, 2025, 10:25 AM IST
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