India, Nov. 4 -- Gold prices in India witnessed a sharp increase on Wednesday, November 4, following a rally in international bullion markets. The latest rise came as the US dollar weakened after the 2026 US midterm election results, encouraging investors to increase their exposure to gold. International spot gold climbed nearly 3%, while domestic gold rates also recorded significant gains across different purity categories.

According to LiveMint's gold price data, the 24-carat gold rate in India increased by Rs.331.20 per gram, while 22-carat gold gained Rs.303.38 per gram compared with the previous session. The 18-carat gold rate also moved higher. The development comes as Indian consumers and investors monitor precious metal prices ah...