Gold and silver prices rise across India on November 5
Jewellery brands and the India Bullion and Jewellers Association reported higher rates for gold and silver on Thursday.
Gold and silver prices increased across various purity grades on Thursday, November 5, 2026, according to a report by The Economic Times. Major jewellery brands including Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas, along with the India Bullion and Jewellers Association (IBJA), updated their daily rates.
The price of 999-purity silver rose by Rs 1,749 per kg to reach Rs 1,87,882 in the morning session. This follows Wednesday's evening session rate of Rs 1,86,133, marking a rise of nearly 0.94 per cent.
In major cities including Delhi, Mumbai, Chennai, Kolkata, Hyderabad, Bengaluru, and Trivandrum, Tanishq set the 22k gold jewellery price at Rs 13,435 per gram. This is an increase from the November 4 rate of Rs 13,140 per gram.
Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas all offered 22k gold jewellery at Rs 13,385 per gram in these cities. On November 4, the price for these brands was Rs 13,090 per gram.
Prithviraj Kothari, Managing Director at RiddiSiddhi Bullions Ltd. and President of IBJA, said gold and silver rebounded sharply. He noted that gold moved back above $4100 and silver above $52, adding over $1 trillion in combined market capitalisation.
Kothari stated that gold eyes $4200 (~Rs 150,000) while silver now targets $55 (~Rs 197,000).
