Finance
Gold prices climb by ₹594 while silver drops by ₹2,672 per unit
Originally reported by Bhaskar English as: Gold rises ₹594 to ₹1.38 lakh: Silver falls ₹2,672 to ₹1.77 lakh; check gold prices by carat
3 Nov 2026, 12:29 pm IST · Xecute.finance News Desk
The crisp read
Yellow metal prices advanced by ₹594 to reach ₹1.38 lakh, whereas white metal rates declined by ₹2,672 to settle at ₹1.77 lakh. Investors and consumers can verify specific rates across different purity levels for both precious metals.
Xecute Impact Breakdown
For CAs
- Monitor daily bullion market updates and official jeweler association rate sheets to ensure accurate asset valuation for clients. Cross-check carat-wise pricing charts before finalizing client asset allocations or executing purchase orders. Track daily shifts to prevent pricing discrepancies and manage inventory valuation accurately.
For businesses
- Retail buyers, bullion traders, and jewelry businesses must monitor shifts in gold and silver prices to manage purchasing costs and inventory valuation. Gold prices rose by ₹594 to reach ₹1.38 lakh while silver fell by ₹2,672 to settle at ₹1.77 lakh. Market participants can review specific rates categorized by various carat purities and track daily bullion rate shifts.
Deep dive - the full story
Precious metal markets recorded an upward movement in yellow metal valuations alongside a decline in white metal rates. Specifically, the yellow metal increased by ₹594 to reach ₹1.38 lakh, while the white metal decreased by ₹2,672 to settle at ₹1.77 lakh. Market participants can also review specific rates categorized by various carat purities for both commodities. Precious metal valuations fluctuate daily based on global market dynamics, currency movements, and domestic demand patterns.
Retail buyers, bullion traders, and jewelry businesses must monitor these shifts to manage purchasing costs and inventory valuation. Compared to previous trading sessions where metal prices experienced independent trends, the current update highlights a divergence between the two primary precious metals. Financial professionals and investors should cross-check carat-wise pricing charts before executing purchase orders or finalizing client asset allocations.
Keep track of daily bullion market updates and official jeweler association rate sheets for accurate valuation. Bottom line: tracking exact daily bullion rate shifts ensures accurate asset valuation and prevents pricing discrepancies in retail or investment transactions.
Source: news.google.com
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