Gold Price Today 16 November 2025

📈 Gold Price Today: Live Market Overview (16 November 2025)

As of 16 November 2025, gold prices are experiencing high volatility following a dramatic week of geopolitical developments and Federal Reserve policy signals. The international spot gold price is trading at $4,080.70 per ounce (₹131.20 per gram), down from a midweek high of $4,240/oz but holding strong above the crucial $4,000 support level.In India, domestic gold rates have shown resilience despite global fluctuations, with 22-carat gold trading at ₹1,13,181-₹1,13,713 per 10 grams and 24-carat gold at ₹1,23,470-₹1,24,050 per 10 grams across major metropolitan cities.

🏙️ India City-Wise Gold Rates Today (16 November 2025)

24 Carat & 22 Carat Gold Prices in Major Indian Cities

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Source: Live market data from national bullion markets and MCX futures as of 16 November 2025

Key Observations for Indian Markets:

• Chennai continues to command a premium of ₹300-400 per 10g over other metros

• Delhi shows the most competitive pricing among major cities

• All cities reflect a uniform ₹2,620 drop for 24K gold from yesterday's close
• MCX Gold futures settled at ₹1,23,400 per 10g for December contracts

🌍 Country-Wise Gold Price Today: Global Markets

International Gold Benchmark Price

Spot Gold (XAU/USD): $4,080.70 per Troy Ounce

Day's Range: $4,032.95 - $4,210.72

52-Week High: $4,381.58

Previous Close: $4,170.65

How Global Gold Pricing Works

Gold prices worldwide are primarily derived from the London OTC Market and COMEX futures in New York, which together account for 85% of global gold trading volume. Local markets in each country use this USD benchmark, adjusted for:

• Currency exchange rates

• Import duties & tariffs

• Local taxes (GST/VAT)

• Supply-demand dynamics

Gold Prices in Major Economies (Converted from USD)

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Note: Prices are approximate conversions from USD spot rate including typical market premiums. For exact local rates, check domestic bullion associations.

Regional Gold Market Highlights:

• China: Shanghai Gold Exchange shows $21/oz discount to London prices, indicating weak post-VAT reform demand

• Middle East: UAE markets remain robust with central bank holdings rising 15% in 2025

• Europe: German gold demand up 23% amid inflation concerns

• Turkey: Local prices hit record highs due to lira depreciation

📰 Today's Gold News & Market Analysis (16 Nov 2025)

🔥 Breaking: Gold Whipsaws on Fed Policy Uncertainty

Gold prices experienced extreme volatility this week, surging to $4,240 per ounce midweek before plummeting to $4,080 on hawkish Federal Reserve commentary. The precious metal still managed a 2% weekly gain in Indian markets (₹2,000+ per 10g).

Key Market Drivers:

1. US Government Shutdown Ends After Record Duration

The longest US government shutdown in history concluded Thursday, triggering initial optimism for delayed economic data releases. Markets rallied on hopes that fresh data would support a third consecutive Fed rate cut in December. However, Fed officials quickly dampened expectations.

2. Hawkish Fed Commentary Sparks Sell-off

At least five regional Fed presidents struck a restrictive tone, with Susan Collins stating it will be "appropriate to keep policy rates at current level for some time". Neel Kashkari noted "underlying resilience in economic activity," setting a "high bar for additional easing". This pushed gold down from weekly highs.

3. Delayed Data Complicates Fed Decision

October's US jobs data remains unreleased due to the shutdown. "The Fed will have less data than usual, which may complicate the decision-making process," said Dominic Pappalardo of Morningstar. Traders now await a roadmap for data releases expected Monday.

4. Central Bank Buying Provides Strong Floor

Central banks purchased over 1,000 tons of gold annually in 2022-2023, and have already reached this threshold in 2024. China and Poland led purchases, with 2025 forecasts at 750-950 tons, creating robust demand support even at elevated prices.

5. Shanghai Inventory Surge Signals Weak Demand

Shanghai gold inventories have risen at a "significant pace," creating a $21/oz discount to London prices - the steepest in a month. This follows China's VAT reform removing tax offsets for non-investment fabricators, hurting jewelry demand while investment demand remains strong.

6. Safe-Haven Role Questioned Amid AI Selloff

Gold's "muted response to the equity pullback is raising doubts about its safe-haven role," noted ICBC traders. As AI stocks (Nvidia, Palantir) plunged 10-16% and Bitcoin fell below $100,000, gold's correlation with risk assets increased, surprising traditional investors.

📊 Gold Price Trend: Last 10 Days in India

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Source: MoneyControl historical data, IBJA rates

🔍 Factors Affecting Gold Prices Today

Global Factors:

1. US Dollar Strength: Inverse relationship - stronger USD pressures gold

2. Federal Reserve Policy: Rate cut expectations vs. hawkish reality

3. Geopolitical Tensions: Middle East conflicts, US-China relations

4. Inflation Data: Delayed US releases creating uncertainty

5. Central Bank Purchases: Structural demand from emerging markets

6. Cryptocurrency Correlation: Bitcoin's 25% drop from October highs affecting alternative asset sentiment

India-Specific Factors:

1. Festival Season Demand: Diwali season typically boosts jewelry purchases

2. Rupee Depreciation: Makes imported gold more expensive

3. Import Duties: Government policy on gold imports

4. Local Taxes: GST at 3% plus making charges (typically 8-25%)

5. Monsoon Impact: Rural income affects gold buying capacity

🧮 Gold Rate Calculator: Convert Your Quantity

Current Base Rates (Delhi):

• 24K Gold: ₹1,23,470 per 10 grams = ₹12,347 per gram

• 22K Gold: ₹1,13,181 per 10 grams = ₹11,318 per gram

Calculate Price for Any Quantity:

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Note: Final jewelry price includes 3% GST + making charges (₹300-800 per gram depending on design)

💡 Gold Investment Tips for Today

✅ DO's:

1. Check Hallmark: Ensure 6-digit HUID (Hallmark Unique Identification) on all jewelry

2. Compare Making Charges: Negotiate between 8-15% for plain designs, 18-25% for intricate work

3. Buy on Dips: Current correction from $4,240 to $4,080 presents entry opportunity

4. Consider Sovereign Gold Bonds: 2.5% annual interest + capital appreciation (tax-free on maturity)

5. Diversify: Allocate 10-15% of portfolio to gold as hedge

❌ DON'Ts:

1. Avoid buying without checking daily rates - prices change every 2 minutes during market hours

2. Don't ignore purity - 24K for investment, 22K for jewelry

3. Avoid high-premium numismatic coins unless you're a collector

4. Don't time the market perfectly - use SIP approach for Gold ETFs

📈 Weekly & Monthly Gold Price Graph

November 2025 Trend (per 10g 24K):

• 1 Nov: ₹1,21,200

• 8 Nov: ₹1,17,970

• 15 Nov: ₹1,23,530

• 16 Nov: ₹1,20,910

Performance: +0.6% for November despite mid-week volatility

❓ Frequently Asked Questions (FAQ)

Q1. What is the gold price today in India per 10 gram?

A: As of 16 November 2025, 24-carat gold is trading at ₹1,23,470 per 10 grams in Delhi, while 22-carat gold is at ₹1,13,181 per 10 grams.

Q2. Why do gold prices vary between Indian cities?

A: Prices differ due to:

• Transportation costs

• Local taxes and duties

• Demand-supply dynamics (Chennai has highest demand)

• Bullion association pricing policies

• Inventory levels with local jewelers

Q3. Will gold price decrease in coming days?

A: Analysts are divided. Fed's hawkish stance may pressure prices, but strong central bank buying and geopolitical risks provide support. Monitor US inflation data releases scheduled for next week.

Q4. Is 22K or 24K gold better for investment?

A: 24K (99.9% purity) is best for investment (coins, bars, SGBs). 22K (91.6% purity) is ideal for jewelry due to better durability. 24K commands higher resale value.

Q5. How are international gold prices determined?

A: Global prices are set by the London OTC Market and COMEX futures in New York, which together handle 85% of world gold trading. Local markets add currency conversion, import duties, and taxes.

Q6. What is the MCX gold rate today?

A: MCX Gold futures (December contract) closed at ₹1,23,400 per 10 grams on 16 November 2025.

⚠️ Disclaimer & Investment Advisory

Important: The gold prices mentioned are indicative rates based on national bullion market data and international spot prices. Actual retail prices may vary by ₹200-500 per 10 grams depending on the jeweler, making charges, and local taxes.

Investment Advice: This article is for educational purposes only. Gold investments carry market risks. Please consult certified financial advisors and check BIS hallmark certification before purchasing. The views expressed are based on market analysis and not investment recommendations.

Data Sources: Indian Bullion Jewellers Association (IBJA), Multi Commodity Exchange (MCX), London Bullion Market Association (LBMA), COMEX, MoneyControl, Livemint, and Goodreturns.

🔔 Stay Updated: Where to Check Live Gold Prices

• India: IBJA Rates, MCX India

• International: Kitco, GoldPrice.org

• Mobile Apps: Download MoneyControl, Goodreturns, or Groww apps for real-time alerts