Gold and silver price today: Yellow metal rises marginally, silver surges ₹3,000 per kg

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Gold prices marginally increased by ₹660 per 10g across major Indian cities in early trade on Monday, December 1, supported by global factors. Silver price also surged significantly by ₹3,000 per kg, led by strong global demand amid reduced supply.

Gold and silver prices rallied in futures trade on Friday, November 28, amid strong global cues and hopes of a possible rate cut by the US Federal Reserve next month. In November, the gold price increased by more than 5% while hovering near record high levels. On the other hand, the silver price increased nearly 22% in November, taking its overall rally to more than 90% so far in 2025.

Gold price in India today 

Prices of gold climbed slightly by ₹66 per gram for 24 carat in India to trade at ₹13,048 during early hours on Monday.  The price of 22 karat gold also gained ₹60 per gram to ₹11,960 on Monday, while the 18 carat gold, 999 gold, rose ₹49 per gram to ₹9,786.

Gold prices across major Indian cities 

Across major cities in India, Chennai witnessed the highest gold price at ₹13,167 per gram for 24-carat gold on Monday. The 22K gold price stood at ₹12,070 per gram.

Here’s a look at gold price across major cities in India:

Gold price today in major cities

City 22K Gold (per 10gm) 24K Gold (per 10gm)
Delhi ₹13,063 ₹11,975
Mumbai ₹11,960 ₹13,048
Kolkata ₹11,960 ₹13,048
Chennai ₹12,070 ₹13,167

 

Silver price today in major cities

The white metal has witnessed a strong surge in price this month. Continuing the upward momentum, the silver price rallied ₹3,000 per kilogram on Monday to trade at ₹1,88,000 per kg. It has emerged as the strongest-performing metal of 2025, delivering returns that have far exceeded gold.

In 11 months of 2025, so far, the prices of silver have almost doubled, marking one of the sharpest rallies in the metal’s history. In the last 12 months, silver prices have rallied nearly 90% compared to a 59% jump witnessed for gold during the same period.

Silver price across major cities today

City Silver Price (per kg)
Delhi ₹1,88,000
Mumbai ₹1,88,000
Kolkata ₹1,88,000
Chennai ₹1,96,000