Gold Prices Rise Slightly on November 2 Across Major Cities
Gold rates in India see minor increases today, with 22-carat gold priced at ₹12,832 per gram.
22-carat gold priced at ₹12,832 per gram, up by ₹23.
Nagpur sees 22-carat gold at ₹12,825 per gram, reflecting a ₹45 increase.
Prices vary across cities, with Bhubaneswar and Patna experiencing declines.
On November 2, 2026, gold prices in India experienced slight increases, with 22-carat gold priced at ₹12,832 for one gram, marking an increase of ₹23. The price for eight grams of 22-carat gold stands at ₹1,02,656, which is up by ₹184. This trend indicates a mixed response in various cities across the country.
In Nagpur, the gold price for 22-carat gold is recorded at ₹12,825 per gram, reflecting a rise of ₹45. Similarly, in Coimbatore, the price is ₹12,775 per gram, also up by ₹45. Other cities like Visakhapatnam and Surat report similar increases, with prices for 22-carat gold reaching ₹12,775 and ₹12,879 respectively.
Conversely, Bhubaneswar and Patna saw declines in gold prices, with 22-carat gold priced at ₹12,775 per gram, down by ₹105 in Bhubaneswar and the same price in Patna. The fluctuations in gold prices can be attributed to various market factors, including demand and supply dynamics.
The impact of these price changes is significant for consumers and investors alike. Gold remains a popular investment choice in India, especially during festive seasons. The current prices may influence buying patterns, particularly as the wedding season approaches, driving demand for gold jewelry.
Looking ahead, market analysts suggest that gold prices may continue to fluctuate based on global economic conditions and local demand. Investors are advised to monitor these trends closely, especially with upcoming festivals that traditionally boost gold purchases.
