Gold Price Today In India: Yellow Metal Surges Rs 2500, Check City-Wise Rates
Gold and Silver Price Today In India: Latest prices of yellow metal in Delhi, Chennai, Kolkata, Mumbai.
Gold Price Today In India: Gold price surged almost Rs 2500 on Tuesday morning, May 06, amidst the heightened India-Pakistan tension and rising rupee against dollar. In Mumbai, the price of gold stood at Rs 90,250 per 10 gram for 22-carat and Rs 98,460 per 10 gram for 24-carat.
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On the other hand silver price experienced a constant fall to drop below Rs 1 lakh per kg. On Tuesday morning, it saw a drop of Rs 100.
On MCX, gold is up 1.47 per cent to trade Rs 96,038 per 10 gram in the morning, followed by Silver with a gain of 2.26 per cent or Rs 96,562 per kg.
Recently, gold prices hit the Rs 1 lakh mark after increasing for the past few weeks amid global economic uncertainties and US recession fears.
Known for its unmatched purity, 24-carat gold continues to attract buyers seeking premium quality. Meanwhile, 22-carat gold, prized for its durability and timeless charm, remains a favourite among jewellery enthusiasts and investors alike, striking a balance between elegance and practicality.
Here’s a detailed breakdown of gold prices across key cities (May 06, 2025):
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 90,300 | Rs 95,880 |
| Jaipur | Rs 90,300 | Rs 98,880 |
| Ahmedabad | Rs 90,400 | Rs 98,610 |
| Patna | Rs 90,400 | Rs 98,610 |
| Mumbai | Rs 90,250 | Rs 98,460 |
| Hyderabad | Rs 90,250 | Rs 98,460 |
| Chennai | Rs 90,250 | Rs 98,460 |
| Bengaluru | Rs 90,250 | Rs 98,460 |
| Kolkata | Rs 90,250 | Rs 98,460 |
Silver Price In India Today (May 06, 2025)
The price of silver, however, experienced a fall to trade at Rs 96,900 per kg in Mumbai, according to goodreturns.in.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
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