Gold and Silver Rates Today (November 3, 2026): Check 24K, 22K, 20K and 18K Gold Prices at IBJA, Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers

Gold and Silver Rates Today: November 3, 2026

Gold and silver prices remain important considerations for Indian consumers planning jewellery purchases ahead of Dhanteras and Diwali. On Tuesday, November 3, 2026, the India Bullion and Jewellers Association (IBJA) reported an increase in its indicative morning gold rates compared with the previous day's evening rates.

IBJA's morning rate for 999-purity gold stood at ₹13,812 per gram, while 22-carat gold was priced at ₹13,480 per gram. The indicative rate for 999-purity silver was ₹1,77,300 per kilogram.

Retail prices at jewellery chains can differ from IBJA's indicative rates because of brand pricing, local market conditions, taxes and other applicable charges.

IBJA Gold Rates on November 3, 2026

According to the published IBJA indicative morning rates, gold prices across different purity levels were as follows:

Gold PurityPrice per Gram24K Gold (999 purity)₹13,81222K Gold₹13,48020K Gold₹12,29318K Gold₹11,18814K Gold₹8,909

These are indicative rates for the morning session on November 3, 2026. Actual jewellery prices may differ depending on the retailer, location, applicable taxes and making charges.

Silver Rate Today

IBJA's indicative morning rate for 999-purity silver stood at ₹1,77,300 per kilogram on November 3, 2026.

The rate declined by ₹2,672 per kilogram compared with the previous evening's indicative price of ₹1,79,972 per kilogram.

Silver prices can fluctuate throughout the trading day in response to international market movements, currency fluctuations and changes in demand.

Gold Prices at Major Jewellery Brands

Consumers often compare gold rates at established jewellery retailers before making a purchase.

On November 3, 2026, the reported 22-carat gold jewellery rates at major brands varied by location.

In Kolkata, the reported prices were:

Jewellery Brand22K Gold Price per GramTanishq₹12,850Malabar Gold & Diamonds₹12,800Joyalukkas₹12,800Kalyan Jewellers₹12,800

These prices are reported retail rates and may change depending on the showroom, location and time of purchase. Buyers should confirm the final rate directly with their preferred jewellery store.

Why Do Gold Prices Differ Between IBJA and Jewellery Brands?

IBJA publishes indicative bullion and jewellery rates based on prevailing market prices and gold purity. Jewellery retailers, however, may quote different prices because of their pricing policies and operating costs.

The final price of a gold ornament can include several components:

• Gold value: The price of the gold used in the jewellery.

• Making charges: The cost of designing and manufacturing the ornament.

• Goods and Services Tax (GST): Applicable taxes on the jewellery transaction.

• Additional charges: Any other applicable costs disclosed by the retailer.

Customers should review the detailed invoice before purchasing jewellery to understand the total cost.

What Should Buyers Check Before Purchasing Gold?

Consumers planning to buy gold during the festive season should compare prices across retailers and verify the purity of the jewellery.

Important checks include:

1. Verify purity: Check the hallmark and applicable HUID details on hallmarked gold jewellery.

2. Compare rates: Ask retailers for the latest price per gram for the required gold purity.

3. Check making charges: Confirm whether making charges are calculated as a percentage or a fixed amount.

4. Review the final bill: Check the gold value, making charges, taxes and any additional fees.

5. Confirm the buyback policy: Understand the retailer's exchange and resale conditions before completing the purchase.

These steps can help buyers make informed decisions and avoid unexpected expenses.

Conclusion

Gold prices increased modestly in IBJA's indicative morning rates on November 3, 2026, while silver recorded a decline compared with the previous evening's rate. The indicative prices were ₹13,812 per gram for 24K gold, ₹13,480 for 22K gold and ₹1,77,300 per kilogram for silver.

As Dhanteras and Diwali approach, consumers should compare the latest rates at IBJA and major jewellery retailers, verify gold purity and account for making charges and taxes before purchasing precious metals.

Note: Gold and silver prices fluctuate. The rates listed above are based on reported figures for November 3, 2026, and should be verified with the relevant retailer before purchase.