Gold and silver prices remained steady on Tuesday (November 4, 2025) across major Indian cities, as traders and investors monitored festive-season buying ahead of Dhanteras and Diwali.
According to market data, 24-karat gold held firm at ₹123.33 per gram, while 22-karat gold traded near ₹113 per gram. Meanwhile, silver maintained its level at ₹1,541 per kilogram, reflecting stability amid global cues and local demand.
Bullion analysts suggest that festive demand, coupled with a softer U.S. dollar and global economic uncertainty, is supporting prices despite a lack of sharp movements.
“We’re witnessing steady consumer demand as the wedding and festival seasons align,” said a Mumbai-based bullion trader. “Investors are cautiously adding gold as a safe-haven asset.”
On the international front, spot gold hovered near $4,025 per ounce, while silver remained above $31 per ounce, as global markets awaited cues from the upcoming U.S. Federal Reserve meeting and China’s manufacturing data.
In India, bullion demand is expected to peak during the next two weeks, particularly in key markets like Delhi, Mumbai, Chennai, Hyderabad, and Ahmedabad, where jewelers report a moderate uptick in footfall and advance bookings.
Experts believe that if global inflation data and dollar movements stay neutral, gold could trade in a narrow range between ₹122–₹125 per gram this week.
