New Delhi, Nov. 4 -- The yellow metal rates dropped in India's Multi Commodity Exchange on Tuesday, November 4, amid a strong dollar.

MCX Gold December futures fell 0.43% to Rs.1,20,886 per 10 grams at 9:38 am on Tuesday, November 4, while the MCX Silver December contracts dropped 0.41% to Rs.1,47,154 per kg.

As per Indian Bullion Association (IBA) data, the prices of 24-carat gold were Rs.1,21,120/10 gm at 9:56 am on November 4, and 22-carat gold at Rs.1,11,027/10 gms. Silver prices were at Rs.1,47,430/kg (Silver 999 Fine).

Gold prices surged in the last 20 years, by 1,200%, from Rs.7,638 in 2005 to over Rs.1,25,000 in 2025 (as of September), delivering positive returns in 16 of these years. Gold prices gained 56% on a year-to-date (Y...