Gold prices fell sharply across India on Thursday 12 November. In Delhi, 24K gold is Rs 13,995 a gram today, down Rs 288 a gram from yesterday’s Rs 14,283. That is a drop of Rs 2,880 on 10 grams in a single day. Mumbai’s 24K rate is Rs 13,980 a gram. All rates in this post come from one source only, Goodreturns, which is the house source for this daily tracker.
Updated: 12 November 2026, 10:00 IST
Quick Read
- Delhi 24K gold is Rs 13,995 a gram today, down Rs 288 a gram from yesterday. Mumbai 24K is Rs 13,980 a gram. Per 10 grams, Delhi 24K is Rs 1,39,950 and Mumbai 24K is Rs 1,39,800.
- Across India, 24K gold fell Rs 218 a gram to Rs 13,980, and 22K fell Rs 200 a gram to Rs 12,815, as per Goodreturns. It is the third straight day of falls in this tracker.
- World gold also slipped. COMEX gold is down 0.3 per cent to $3,988 an ounce, as US inflation worries raise hopes of more interest rate hikes. Other trackers show different rates — see the gap note below, and do not mix them.
The fall is not small. A buyer who waited one day saves Rs 2,880 on 10 grams of 24K gold in Delhi. For 22K gold, the kind most jewellery is made of, Delhi’s rate is Rs 12,835 a gram today, or Rs 1,28,350 per 10 grams. Mumbai’s 22K rate is Rs 12,815 a gram, or Rs 1,28,150 per 10 grams. Other big cities — Chennai, Kolkata, Bengaluru, Hyderabad — all show 24K at Rs 13,980 a gram, the same as the all-India rate. Delhi costs Rs 15 a gram more, the usual Delhi premium.
Today’s rates in full
Here are the rates per gram from Goodreturns for today, 12 November. These are indicative rates from jewellers, and they do not include GST, TCS or making charges. The exact price at a shop will be higher.
Delhi: 24K Rs 13,995 a gram, 22K Rs 12,835, 18K Rs 10,500. Mumbai: 24K Rs 13,980, 22K Rs 12,815, 18K Rs 10,485. Chennai: 24K Rs 13,980, 22K Rs 12,815, 18K Rs 10,490. Kolkata, Bengaluru and Hyderabad: 24K Rs 13,980, 22K Rs 12,815, 18K Rs 10,485.
Per 10 grams, which is how most buyers think: Delhi 24K Rs 1,39,950 and 22K Rs 1,28,350. Mumbai 24K Rs 1,39,800 and 22K Rs 1,28,150. For 18K gold, Delhi is Rs 1,05,000 per 10 grams and Mumbai is Rs 1,04,850.
Also read: Gold Rs 142830/10g in Delhi, no change today
Why gold fell today
Gold fell in world markets first, and Indian rates followed. COMEX gold is down 0.3 per cent to $3,988 an ounce, and silver is down 1.02 per cent to $51.47 an ounce, as per NDTV Profit. The pressure comes from US inflation worries, which have raised hopes of more interest rate hikes this year. When rate-hike hopes rise, the dollar gets stronger and gold usually falls, because gold pays no interest.
Back home, MCX gold futures for December delivery closed at Rs 1,39,716 per 10 grams, NDTV Profit reports. Gold had rallied for most of the last session, then gave up all its gains and fell sharply towards the end of trading on 11 November.
A note on the rate gap: do not mix sources
Readers who check other sites will see different numbers, and this post says so plainly. NDTV Profit, quoting Bullion.co.in, puts all-India 24K gold at Rs 1,40,280 per 10 grams today, against Goodreturns’ Rs 1,39,800. That is a gap of Rs 480 per 10 grams. For Delhi, NDTV Profit shows Rs 1,39,780 per 10 grams, while Goodreturns shows Rs 1,39,950 — a gap of Rs 170 the other way.
Different trackers collect rates from different jewellers at different times of the day, so small gaps are normal. This tracker uses Goodreturns only, every day, so that today’s rate can be fairly compared with yesterday’s.
Also read: Sensex jumps 1200 pts to 8-month high today
What it means for buyers
For buyers, a sharp fall is good news if you were waiting to buy. But one day’s fall is not a trend. Gold has now fallen three days in a row in this tracker, from Rs 14,460 a gram on 9 November to Rs 13,980 today — a drop of Rs 480 a gram, or Rs 4,800 on 10 grams.
Remember the shop price is always more than the per-gram rate — making charges and 3 per cent GST sit on top. Check the final bill, and ask for the break-up: gold value, making charges, then GST.
What happens next
What matters next is whether the fall holds or gold bounces back. US inflation data and any fresh word from the US Federal Reserve on rates will set the direction. If the dollar keeps rising, gold may stay under pressure. This tracker will carry fresh Goodreturns rates again tomorrow morning.
Also read: HDFC hikes loan rates: your EMI may rise 15 bps
FAQ
What is the gold rate in Delhi today?
Delhi 24K gold is Rs 13,995 a gram (Rs 1,39,950 per 10 grams) and 22K is Rs 12,835 a gram (Rs 1,28,350 per 10 grams), as per Goodreturns — down Rs 288 a gram on 24K from yesterday.
What is the gold rate in Mumbai today?
Mumbai 24K gold is Rs 13,980 a gram (Rs 1,39,800 per 10 grams) and 22K is Rs 12,815 a gram (Rs 1,28,150 per 10 grams), as per Goodreturns.
Why do other sites show a different gold price?
Different trackers collect rates from different jewellers at different times. NDTV Profit, quoting Bullion.co.in, shows all-India 24K at Rs 1,40,280 per 10 grams today, Rs 480 more than Goodreturns’ Rs 1,39,800. This tracker uses Goodreturns only, so day-to-day changes stay comparable.
Desk-original added context
Our own three-day table, compiled from Goodreturns’ own 10-day table: 9 November — 24K Rs 14,460 a gram; 10 November — Rs 14,269; 11 November — Rs 14,198; 12 November — Rs 13,980. Our own maths: that is a fall of Rs 480 a gram in three days, or Rs 4,800 on 10 grams, with the biggest single-day fall — Rs 218 a gram — coming today. Our own buyer maths for Delhi 22K gold, the purity most jewellery uses: an 8-gram bangle costs 8 x Rs 12,835 = Rs 1,02,680 for the gold alone, before making charges and 3 per cent GST. Delhi 24K sits Rs 15 a gram above the all-India rate, the same small premium as all week.
Sources
- Goodreturns — Gold Rate Today (12 November 2026) (live page re-verified at write time, 200 verified; Delhi 24K Rs 13,995/g, Mumbai 24K Rs 13,980/g)
- NDTV Profit — Gold Rate Today, 12 November (12 Nov; page loads via browser, curl HEAD 403 bot-block; used ONLY for COMEX/MCX context and the gap figure, never mixed into the Goodreturns table)
Sasanka Sekhar Pradhan is the founder of India Presents, an India-focused news site. He covers daily box-office trackers, India news, economy explainers, sports previews and festival guides — in simple English, so readers across India can follow fast-moving stories without jargon. His focus is what a story means for the reader: the number that matters, the source behind it, and what happens next. India Presents publishes daily, with day-trackers updated as new figures come in.
