{
  "type": "article",
  "title": "Gold and Silver Rebound on MCX as International Spot Prices Rise",
  "summary": "Gold and silver edged higher on the Multi Commodity Exchange on November 13 after reversing early losses, with gold gaining ₹800 and silver advancing ₹23 in morning trade.",
  "content": "Precious metals reversed early losses on the Multi Commodity Exchange (MCX) on Friday, November 13, shifting into positive territory after a subdued start. Gold on the MCX jumped 0.66%, advancing by ₹800 to reach ₹1,37,025 per 10 grams during early trading hours. Silver also followed a firmer trajectory, picking up ₹23 to trade at ₹1,79,460 per kilogram.\n\nSpot Bullion Rates in New Delhi and Global Trends\nIn the New Delhi spot bullion market on Friday morning, 24-karat gold was priced at ₹1,37,300 per 10 grams, while 22-karat gold stood at ₹1,25,858 per 10 grams. Meanwhile, physical silver in the capital touched ₹1,79,630 per kilogram. Overseas markets mirrored this upward momentum, with gold rising 0.85% on COMEX to trade at $3909.28 per ounce.\n\nRecent Price Correction and Industrial Demand Impact\nDespite the single-day bounce, gold has experienced downward pressure recently, sliding nearly 3% on the MCX over the past week and falling 6.68% over the past month. Silver has been under even greater strain, plunging 17.45% over a one-month span and dropping 22% over three months. However, on an annual basis, silver remains up by 8%. Market trends indicate that silver's sharp multi-month downturn stems primarily from weakened industrial demand globally.\n\nUnderstanding Gold Purity and Shifting Jewelry Trends\nIn the retail market, gold is traded across various purity grades. While 24-karat represents pure gold, 22-karat remains the traditional standard for jewelry making due to its superior strength and durability. However, elevated price points have nudged consumer preferences toward 18-karat gold jewelry as a more affordable alternative. On the silver front, 999 fine silver is the purest standard, extensively utilized not only for coins and ornaments but also across industrial applications.\n\nWhat this means for you\nThis price movement directly affects consumer budgets for jewelry purchases and physical precious metal investments.\n\n• Across India: The rebound on MCX means jewelry buyers face firm prices. High gold rates are prompting a visible shift toward buying 18-karat gold jewelry instead of traditional 22-karat items to lower costs.\n• In New Delhi: Spot prices of ₹1,37,300 per 10 grams for 24K gold and ₹1,79,630 per kg for silver mean local buyers and wedding shoppers will pay premium rates in local bullion markets.\n\nWhy this happened\nThe sudden intraday uptick in gold and silver was driven by positive international trends and low-level buying on commodity exchanges.\n\n• International Spillover: COMEX gold gained 0.85% to reach $3909.28 per ounce, providing momentum to domestic MCX contracts.\n• Industrial Demand Slowdown: Silver's broader 22% decline over three months is attributed to sluggish industrial demand globally.\n• Technical Rebound: After a 6.68% monthly drop in gold prices, traders initiated value buying, helping prices recover from the red.\n\nQuestions & Answers\n\n1. What was the price of gold on MCX on November 13?\nGold rose by ₹800 to trade at ₹1,37,025 per 10 grams in early trade on MCX.\n\n2. What are the gold rates in New Delhi's spot market?\n24-karat gold was priced at ₹1,37,300 per 10 grams, and 22-karat gold stood at ₹1,25,858 per 10 grams in New Delhi.\n\n3. How much has silver fallen over the past month?\nSilver prices have declined by 17.45% over the past month.\n\n4. What is the international spot price of gold on COMEX?\nGold traded up 0.85% at $3909.28 per ounce on COMEX.",
  "url": "https://trendkia.com/en/market/mcx-par-uchhle-sona-aur-chandi-jane-delhi-sarrafa-se-lekar-international-market-ke-taj-rate-59536",
  "category": "Market",
  "publishedAt": "2026-11-14",
  "tags": [
    "Gold Price",
    "Silver Price",
    "MCX Gold",
    "Bullion Market",
    "COMEX Gold",
    "Gold Rates India"
  ],
  "language": "en",
  "site": "TrendKia",
  "whatItMeansForYou": "This price movement directly affects consumer budgets for jewelry purchases and physical precious metal investments.\n\n• Across India: The rebound on MCX means jewelry buyers face firm prices. High gold rates are prompting a visible shift toward buying 18-karat gold jewelry instead of traditional 22-karat items to lower costs.\n• In New Delhi: Spot prices of ₹1,37,300 per 10 grams for 24K gold and ₹1,79,630 per kg for silver mean local buyers and wedding shoppers will pay premium rates in local bullion markets.",
  "whyItHappened": "The sudden intraday uptick in gold and silver was driven by positive international trends and low-level buying on commodity exchanges.\n\n• International Spillover: COMEX gold gained 0.85% to reach $3909.28 per ounce, providing momentum to domestic MCX contracts.\n• Industrial Demand Slowdown: Silver's broader 22% decline over three months is attributed to sluggish industrial demand globally.\n• Technical Rebound: After a 6.68% monthly drop in gold prices, traders initiated value buying, helping prices recover from the red.",
  "questionsAndAnswers": [
    {
      "question": "What was the price of gold on MCX on November 13?",
      "answer": "Gold rose by ₹800 to trade at ₹1,37,025 per 10 grams in early trade on MCX."
    },
    {
      "question": "What are the gold rates in New Delhi's spot market?",
      "answer": "24-karat gold was priced at ₹1,37,300 per 10 grams, and 22-karat gold stood at ₹1,25,858 per 10 grams in New Delhi."
    },
    {
      "question": "How much has silver fallen over the past month?",
      "answer": "Silver prices have declined by 17.45% over the past month."
    },
    {
      "question": "What is the international spot price of gold on COMEX?",
      "answer": "Gold traded up 0.85% at $3909.28 per ounce on COMEX."
    }
  ]
}