On Wednesday, November 5, gold prices in India saw a significant decline, marking one of the biggest single-day drops in recent weeks. Both 22-carat and 24-carat gold prices fell sharply, while silver also traded lower compared to previous days.
Today’s Gold and Silver Prices (November 5, 2025)
Type of Metal Purity Weight Price (in INR) Gold 24 Carat 10 grams ₹1,22,600 Gold 22 Carat 10 grams ₹1,12,650 Silver — 1 kilogram ₹1,48,688
Note: Compared to yesterday, gold prices have fallen by ₹2,000 per 10 grams.
Gold Price Trend Over the Past 10 Days
Over the past ten days, gold prices have been consistently declining.
On October 20, gold touched an all-time high, reaching ₹1.35 lakh per 10 grams (24 Carat). However, since then, the price has gradually fallen, and as of today, it stands at ₹1.22 lakh per 10 grams. Date 24-Carat Gold (10g) Change October 20 ₹1,35,000 — November 5 ₹1,22,600 ↓ ₹12,400
This means that gold prices are now ₹13,000 lower than their all-time high levels.
Why Are Gold Prices Falling?
The main reason behind the recent fall in gold prices is the strengthening of the US dollar in international markets.
1. Rise in Dollar Value
As the value of the dollar increases, gold prices tend to decrease. Currently, gold is trading at below $4,000 per ounce in global markets, whereas it was previously close to $4,400 per ounce.
2. Investor Shift to Stock Markets
Investors are moving their funds into stock markets for better returns. Many gold investors are booking profits and pulling back from the metal, causing further downward pressure on prices.
3. Global Market Conditions
The international demand for gold has weakened due to improved economic stability and rising interest rates, leading to a sell-off in safe-haven assets like gold.
Silver Prices Also on a Decline
Silver is also witnessing a notable drop. The current silver price is ₹1,48,688 per kilogram, which is about ₹50,000 lower than its all-time high. Metal Current Price All-Time High Difference Silver ₹1,48,688/kg ₹1,98,000/kg (approx.) ↓ ₹49,312
Experts attribute this fall to reduced international demand for silver and increased volatility in commodity markets.
Expert Opinion
Market analysts suggest that the current fall is part of a profit-booking phase and that prices could stabilize in the coming weeks.
However, if the US dollar continues to strengthen, gold and silver prices may remain under pressure for some more time.
Summary Table
Factor Impact on Gold/Silver Prices Rising US Dollar Prices fall Investor Profit Booking Prices fall Weak Global Demand Prices fall Stock Market Rally Prices fall
Conclusion
The drop in gold and silver prices offers a potential buying opportunity for investors and jewelry buyers.
However, experts advise caution — as international market trends and the strength of the dollar will continue to influence prices in the near future.
