Gold Rate Today: 24K Gold at ₹1,35,884 per 10g on 13 November 2026, Down ₹2,410

Key Takeaways

• IBJA 999-purity gold was quoted at ₹1,35,884 per 10 grams in the 13 November AM fixing, down ₹2,410 or 1.74% from the previous trading day's AM benchmark.
• The previous AM rate on 12 November was ₹1,38,294 per 10 grams, making the comparison directly like-for-like.
• Silver 999 fell by ₹4,499, or 2.47%, to ₹1,77,500 per kg from ₹1,81,999 per kg.
• IBJA benchmark rates exclude 3% GST and making charges.

Gold prices in India's benchmark bullion market moved lower on Friday, 13 November 2026. The IBJA AM rate for 999-purity gold stood at ₹1,35,884 per 10 grams, compared with ₹1,38,294 in the previous trading day's AM fixing.

That represents a decline of ₹2,410 per 10 grams, or 1.74%.

Silver registered a larger percentage decline. IBJA Silver 999 was quoted at ₹1,77,500 per kg, down ₹4,499 or 2.47% from ₹1,81,999 per kg in the previous AM fixing.

Gold and Silver Rates Today

IBJA publishes its benchmark gold rates across 999, 995, 916, 750 and 585 purity categories, while silver is quoted at 999 purity. The benchmark values are quoted before GST and making charges.

How Much Did Gold Fall Today?

The 999-purity benchmark declined from ₹1,38,294 per 10 grams on 12 November to ₹1,35,884 on 13 November.

Absolute change:
₹1,35,884 − ₹1,38,294 = −₹2,410

Percentage change:
−₹2,410 ÷ ₹1,38,294 × 100 = −1.74%

The proportional decline was similar across the other IBJA gold purity categories because their benchmark rates are derived consistently across purity levels.

Silver's fall was steeper at 2.47%.

What Is Driving Gold Prices?

The domestic decline followed substantial volatility in international bullion markets.

International spot gold had fallen around 3% in the preceding session, reaching its lowest level in more than a year before edging higher in early Friday trading. Reuters reported spot gold at $3,883.05 an ounce at 0032 GMT on 13 November, up 0.2% in early trade after Thursday's sharp decline.

The international move came alongside higher oil prices, inflation concerns, rising US Treasury yields and expectations that US interest rates could remain elevated for longer. A firmer US dollar also remained relevant because gold is denominated internationally in dollars.

For Indian bullion prices, international gold is only one component. USD/INR movements, domestic demand and other market factors can influence the rupee-denominated price.

What Can Lower Gold Prices Mean for Indian Markets?

Jewellery Companies

A lower underlying bullion price reduces the rupee value of an equivalent quantity of gold inventory, all else being equal.

This can affect inventory valuation and working-capital requirements for jewellery businesses. The actual financial effect also depends on inventory levels, hedging policies, product mix and how quickly changes in bullion prices are passed through to retail prices.

Consumer Demand

At the IBJA benchmark level, 10 grams of 999 gold cost ₹2,410 less in the 13 November AM fixing than in the previous AM fixing.

For consumers purchasing a fixed quantity of gold, a lower underlying bullion rate reduces the metal component of the purchase cost. Retail bills can still differ because GST, making charges and retailer-specific premiums are separate from the IBJA benchmark.

Gold Imports

India imports a significant part of its gold requirement. If international gold prices decline while import volumes and the exchange rate remain unchanged, the dollar value required for the same physical quantity of imported gold would be lower.

Actual import expenditure will also depend on volumes, currency movements, customs duties and the timing of shipments.

Gold-Loan Businesses

Gold prices influence the value of jewellery pledged as collateral.

When benchmark gold prices decline, the assessed value of a fixed quantity and purity of collateral can decline correspondingly. Loan-to-value regulations, lender valuation practices and repayment behaviour determine the actual impact on individual loans.

Broader Markets

Gold is monitored alongside the US dollar, government bond yields, inflation expectations and geopolitical risk because changes in those variables can affect the relative opportunity cost and demand for bullion.

These relationships can change over time and do not imply a predetermined direction for equity markets.