Gold Prices Today, November 12, 2026: 24K Rate Falls ₹2,180 per 10 gm from Wednesday; Kalyan Jewellers Jumps 6.77%

New Delhi, November 12: Gold prices declined again on Thursday, extending the fall seen earlier this week. Ten grams of 24-carat (99.9% purity) gold costs Rs 1,39,800 in most cities, according to Goodreturns.in, down Rs 2,180 or 1.54 per cent from Rs 1,41,980 on Wednesday. The price of 10 grams of 22-carat (91.6% purity) gold is Rs 1,28,150, down Rs 2,000 from Rs 1,30,150, while 18-carat (75% purity) gold sells at Rs 1,04,850, down Rs 1,640 from Rs 1,06,490. These are bullion rates and do not include taxes or making charges.

The fall has taken gold well below its levels earlier this week. At Rs 1,39,800, 24-carat gold is Rs 4,800 or 3.32 per cent below the Rs 1,44,600 recorded on Monday, November 9, Rs 3,660 or 2.55 per cent below the Rs 1,43,460 recorded on Friday, November 6, and Rs 6,220 or 4.26 per cent below the Rs 1,46,020 reached on Thursday, November 5.

Gold prices in India are linked to international prices and the rupee, which can move in either direction, and local dealers adjust their rates accordingly. For a buyer of 10 grams of 24-carat gold, the price is Rs 1,39,800 before taxes and making charges, Rs 2,180 less than on Wednesday. A purchase of 20 grams costs Rs 2,79,600 against Rs 2,83,960, while 50 grams costs Rs 6,99,000 against Rs 7,09,900. Anyone buying 100 grams will pay Rs 13,98,000, down from Rs 14,19,800.

Delhi remains the costliest of the major cities. Ten grams of 24-carat gold there costs Rs 1,39,950, which is Rs 150 more than the Rs 1,39,800 charged in Chennai, Mumbai, Kolkata, Bengaluru, Hyderabad, Kerala and Pune. Vadodara and Ahmedabad have 24-carat gold at Rs 1,39,850, Rs 50 above the Mumbai cluster. Every city saw the same Rs 2,180 fall in 24-carat gold from Wednesday, so the gaps between cities did not change. In 18-carat gold, Chennai is now Rs 50 above the Mumbai cluster at Rs 1,04,900, against Rs 10 on Wednesday.

On a per-gram basis, 24-carat gold is at Rs 13,980, 22-carat at Rs 12,815 and 18-carat at Rs 10,485 in the Mumbai cluster. That is Rs 218, Rs 200 and Rs 164 less than on Wednesday, respectively. The gap between 24-carat and 22-carat gold is Rs 11,650 per 10 grams, while the gap between 24-carat and 18-carat gold is Rs 34,950.

One kilogram of 24-carat gold costs Rs 1,39,80,000, down Rs 2,18,000 from Rs 1,41,98,000 on Wednesday. A kilogram of 22-carat gold costs Rs 1,28,15,000, while 18-carat gold costs Rs 1,04,85,000, which are Rs 2,00,000 and Rs 1,64,000 less than on Wednesday, respectively.

City-Wise Gold Rates: Today vs Yesterday

The tables below compare Wednesday’s (November 11) 10-gram gold rates in ten major Indian cities with Thursday’s (November 12) rates, along with the change. Every city recorded lower prices on Thursday across all three purities. The fall is Rs 2,180, Rs 2,000 and Rs 1,640 per 10 grams for 24-carat, 22-carat and 18-carat gold in Mumbai and most other cities, respectively, while Delhi’s 22-carat fall is Rs 1,950 and Chennai’s 18-carat fall is Rs 1,600.

24K Gold: 10 Major Cities (per 10 grams)

22K Gold: 10 Major Cities (per 10 grams)

18K Gold: 10 Major Cities (per 10 grams)

Source: Goodreturns.in

These are bullion rates. Jewellery will cost more once making charges, wastage charges and 3% GST are added. GST alone comes to about ₹4,194 on a 10-gram purchase of 24K gold at today’s rate, and about ₹3,845 on 22K and ₹3,146 on 18K for the same weight. Including GST but before making charges, 10 grams of 24K gold comes to about ₹1,43,994, against ₹1,46,239 on Wednesday.

Jewellery Stocks Today

Jewellery stocks were higher in early trade on Thursday as the Nifty 50 extended its gains. The Nifty 50 was at 25,345.40 around 10:36 am, up 90.35 points or 0.36 per cent from Wednesday’s close of 25,255.05. Kalyan Jewellers India jumped 6.77 per cent, PC Jeweller rose 1.90 per cent, Thangamayil Jewellery gained 1.76 per cent and Titan Company added 1.05 per cent.

Source: NSE market data

Kalyan Jewellers India was again the standout, trading at ₹708.70, up ₹44.95 or 6.77 per cent from Wednesday’s close of ₹663.75. It opened at ₹675.00, 1.69 per cent above the previous close, and its low of ₹669.00 was still 0.79 per cent above it. The stock climbed to a high of ₹712.00, 7.27 per cent above the previous close, and traded above its volume-weighted average price (VWAP) of ₹698.62. The stock is now 15.99 per cent above Monday’s close of ₹611.00 and 19.71 per cent above Friday’s ₹592.00. Buyers lead the order book at 56.37 per cent, with 17,42,290 shares against 13,48,397.

PC Jeweller rose ₹0.30 or 1.90 per cent to ₹16.08, which puts Wednesday’s close at about ₹15.78. The stock had touched ₹16.03 in early trade on Wednesday and eased by the close. At ₹16.08, it is 5.79 per cent above Monday’s close of ₹15.20 and 1.52 per cent above Friday’s ₹15.84.

Thangamayil Jewellery rose ₹75.60 or 1.76 per cent to ₹4,376.60 from Wednesday’s close of ₹4,301.00. It opened at ₹4,322.80, 0.51 per cent above the previous close, dipped to a low of ₹4,270.60 and touched a high of ₹4,406.40, 2.45 per cent above the previous close. It traded above its VWAP of ₹4,365.42. The stock is 3.38 per cent above Monday’s close of ₹4,233.40 and 2.94 per cent above Friday’s ₹4,251.50. Sellers lead the order book at 55.33 per cent, with 8,124 shares against 6,558.

Titan Company was at ₹5,022.00, up ₹52.00 or 1.05 per cent from Wednesday’s close of ₹4,970.00. It opened at ₹4,970.00, unchanged from the previous close, rose to a high of ₹5,030.00 and touched a low of ₹4,951.10, 0.38 per cent below the previous close. It traded above its VWAP of ₹5,009.67 and was 0.34 per cent above Monday’s close of ₹5,005.00. Sellers lead the order book at 53.34 per cent, with 80,255 shares against 70,191.

Gold fell 1.54 per cent from Wednesday, yet all four jewellery counters gained, so the stocks again did not follow the metal lower. All four outperformed the Nifty 50’s 0.36 per cent gain, with Kalyan Jewellers India well ahead of the rest. On Wednesday, Titan Company had slipped against a rising index and closed 0.70 per cent below Monday’s level, so Thursday’s early move is a clear rebound for the stock.

Sources

• Goodreturns.in
• NSE market data
• Rates are indicative and subject to change; confirm with your local dealer before purchase.