Gold Rate Today, 13 November 2026: MCX Gold Near Rs 1.37 Lakh Per 10 Grams, Silver Slips to Rs 1.78 Lakh Per Kg as US Rate Hike Fears Weigh on Bullion

Gold rate today in India is little changed from the previous close, though the direction has been lower over recent weeks. On Friday, 13 November 2026, MCX December gold opened near Rs 1,36,502 and rose to Rs 1,37,587 before trading near Rs 1,36,774 at 11:24 AM IST. Silver moved the other way, down 0.65%.

This guide gives the rates for gold and silver, the city prices, the reasons behind the recent fall and the levels traders are watching. It also sets out how to think about buying, without making a call. All futures prices are intraday and will change. Today's gold rate is the starting point for any buying decision.

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MCX and Global Prices at a Glance

Contract	Price	Change	Day range
MCX Gold December (per 10 grams)	Rs 1,36,774	Up 0.40%	Rs 1,36,502 to Rs 1,37,587
MCX Silver December (per kg)	Rs 1,77,554	Down 0.65%	Rs 1,77,128 to Rs 1,80,199
Comex gold (per ounce)	About $3,893	Up about 0.2% early Friday	Not applicable
Silver in global markets (per ounce)	About $50	Little changed	Not applicable

The previous close for MCX gold was Rs 1,36,225 and for silver Rs 1,78,724. Gold fell about 2.5% on 12 November and silver lost more than 3% in that session, so the moves on Friday are small by comparison. Gold price today therefore reflects a small rebound after a sharp fall. Today's gold rate in Delhi was near the figure in the table below.

Gold Rate Today in Major Cities: Delhi, Mumbai and Chennai

City	24-carat gold (10 grams)	22-carat gold (10 grams)	Silver (1 kg)
Delhi	Rs 1,37,380	Rs 1,25,932	Rs 1,79,530
Mumbai	Rs 1,37,620	Rs 1,26,152	Rs 1,79,840
Chennai	Rs 1,38,020	Rs 1,26,518	Rs 1,80,370

These are morning quotes and other sources show slightly different figures, since dealers set prices with local premiums. Retail jewellery also adds making charges and 3% GST, so the final bill will be higher than these base rates. Gold rates today in your city can differ by a few hundred rupees. Today's gold rate on the bill will also include charges and tax.

Why Gold and Silver Are Under Pressure

Stronger US inflation data, a firmer dollar and rising bond yields have increased expectations that the US Federal Reserve will raise interest rates again, with attention on the December meeting. Gold pays no interest, so higher yields raise the cost of holding it. Gold price today is mostly a story about interest rates. Gold rates today fall when yields rise.

A firmer dollar makes gold more expensive for buyers using other currencies, and surging crude oil prices add to inflation worries. One report describes silver's bull run as hitting a wall, with more than half of its gains given up and the metal slipping further from the Rs 2 lakh per kg mark. Gold rates today in rupee terms also depend on the exchange rate.

How Far Prices Have Fallen

Measure	Earlier level	Now	Change (our own calculation)
MCX Gold December (27 October)	Rs 1,42,866	Rs 1,36,774	Down about 4.3%
MCX Silver December (27 October)	Rs 1,94,415	Rs 1,77,554	Down about 8.7%
International gold, one month	Not applicable	About $3,915	Down about 4.65% (reported)
International gold vs January record of $5,608	$5,608	About $3,915	About 30% below

On 27 October an analyst note had put Rs 1,38,000 as key MCX gold support with a possible move toward Rs 1,44,000 to Rs 1,46,000. The price has since fallen below that support, which shows how quickly levels can change when the rate outlook shifts. Today's gold rate sits below that level.

Levels to Watch for MCX Gold and Silver

Reference levels come from observed prices and are not forecasts. For gold, the day low of Rs 1,36,502 and the previous close of Rs 1,36,225 are nearby supports, and the day high of Rs 1,37,587 and the Rs 1,38,000 mark are resistance points. For silver, the day low of Rs 1,77,128 and the day high of Rs 1,80,199 define the range. Gold price today is trading between these markers. Today's gold rate near the day low would test the first support.

Key triggers include US inflation and jobs data, Federal Reserve commentary and moves in the dollar and bond yields. Crude oil also matters, since higher oil feeds inflation fears. Gold rates today can change quickly on any of these. Gold price today will react first to US data.

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Should You Buy Gold Now? A Framework Instead of a Call

Question	Why it matters
What share of my portfolio is gold?	Gold is usually a small hedge, not the core holding
Which form suits me?	ETFs, digital gold and jewellery differ in cost and ease of selling
What is my time horizon?	Short-term moves follow rates and the dollar, long-term depends on inflation and currency trends
Can I accept further falls?	Rate hike fears can keep pressure on prices for weeks

Falling prices do not by themselves signal a good entry, and rate hike fears could keep pressure on bullion. Some investors spread purchases over several weeks to reduce the risk of buying at one price, while others prefer to wait for clearer signals. Either approach carries risk. Today's gold rate alone does not tell you whether to buy. Gold rates today are lower, but lower is not the same as safe. Gold price today is lower than a month ago, which many buyers notice first.

Silver Versus Gold: Different Drivers and Different Risks

Silver demand comes from industry as well as from investors, so it responds to economic growth news and tends to move more sharply. In the recent fall it dropped about 8.7% against about 4% for gold, our own calculation. Gold price today is steadier than silver by comparison. Silver rate today has also been weaker than gold.

That higher volatility cuts both ways. Silver can rise faster when sentiment turns, but it can also fall faster, so position size matters more. Gold rates today are calmer than the silver moves.

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Conclusion

MCX gold is bouncing slightly after a sharp fall, while silver is lower, and both remain under pressure from rate hike fears, a firm dollar and rising yields. Prices are well below recent highs, but that does not remove the risk of further declines. Investors should decide on the share of gold they want, the form that suits them and a holding period, using current exchange and dealer rates. Today's gold rate is a useful checkpoint but not a forecast. Gold price today may stay choppy through the week.

Frequently Asked Questions

What is the gold rate today in India on 13 November 2026?

Ans. MCX December gold futures traded near Rs 1,36,774 per 10 grams at 11:24 AM IST, up 0.40% from the previous close of Rs 1,36,225. In Delhi, 24-carat gold was quoted near Rs 1,37,380 per 10 grams and 22-carat near Rs 1,25,932 in morning rates. City and dealer rates differ, so check with your jeweller before buying.

What is the silver rate today?

Ans. MCX December silver futures traded near Rs 1,77,554 per kg at 11:24 AM IST, down 0.65% from the previous close of Rs 1,78,724. Morning city quotes were about Rs 1,79,530 per kg in Delhi, Rs 1,79,840 in Mumbai and Rs 1,80,370 in Chennai. Silver is down about 8.7% from Rs 1,94,415 on 27 October, our own calculation.

Why are gold and silver prices under pressure?

Ans. Stronger US inflation data, a firmer dollar and rising bond yields have increased bets on a further US interest rate hike. Gold pays no interest, so higher yields make it less attractive, and a firmer dollar makes it costlier in other currencies. Rising crude oil prices add to inflation worries.

Is gold in an uptrend now?

Ans. Not on a longer view. Gold futures rose 0.40% on 13 November, but that follows a fall of about 2.5% in the previous session, and prices are about 4% below the late October level, our own calculation. International gold has fallen about 4.65% in a month and is far below its January record near 5,608 dollars an ounce.

What are the key levels to watch for MCX gold?

Ans. Reference points from observed prices are the day low of Rs 1,36,502 and the previous close of Rs 1,36,225 on the downside, and the day high of Rs 1,37,587 on the upside. An analyst view on 27 October had marked Rs 1,38,000 as key support, and the price is now below it. These are reference levels, not forecasts.

How do gold and silver differ as investments?

Ans. Gold is mainly held as a store of value and a hedge, while silver also depends on industrial demand and tends to swing more. In the recent fall silver lost about 8.7% against about 4% for gold. Each has different risks, so one is not a substitute for the other.

Should I buy gold now for good returns?

Ans. Univest does not give buy or sell calls. Prices have fallen from recent highs, but rate hike fears could keep pressure on bullion, and no one can time the bottom. Investors can decide how much gold fits their portfolio, the form they prefer, such as an exchange traded fund, digital gold or jewellery, and how long they plan to hold.

Why do jewellery prices differ from the gold rate quoted on MCX?

Ans. Retail jewellery prices include making charges and 3% GST on the gold value, and local dealer premiums differ by city. The MCX futures price is a wholesale benchmark for a contract, so it will not match what you pay at a shop. Always ask for a full bill breakdown.