On Monday—which is the first day of the week—a fall was seen in gold prices in the country. A declining trend in prices is visible in all big cities. On the morning of May 4, the price of 24-carat gold fell to ₹151,220 per 10 grams in the capital Delhi. In Mumbai, 24-carat gold rate fell to ₹150,920 per 10 grams. Over the course of a week, the price of 24-carat gold has declined by ₹2,960, while the rate of 22-carat gold has declined by ₹2,850. In the international market, spot gold is trading at $4,627.63 an ounce.
Gold rates in big cities
**Gold Price in Delhi:** In Delhi, the price of 24-carat gold is ₹151,220 per 10 grams. The rate of 22-carat gold is ₹138,490 per 10 grams.
**Mumbai and Kolkata:** Currently, the price of 22-carat gold in Mumbai and Kolkata is ₹138,340 per 10 grams, while the price of 24-carat gold is ₹150,920 per 10 grams.
**Gold Price in Chennai:** 24-carat gold price is ₹152,720 per 10 grams. The rate of 22-carat gold is ₹139,990 per 10 grams.
**Prices in Pune and Bengaluru:** In both these cities, the price of 24-carat gold is ₹150,920 per 10 grams, and the price of 22-carat gold is ₹138,340 per 10 grams.
silver prices
On the morning of May 4, the price of another precious metal—silver—also saw a decline. Its rate is ₹264,900 per kilogram. In the last one week, silver has become costlier by ₹5,000. In the international market, spot silver is trading at $75.91 an ounce. In January this year, the price of silver in the country had crossed the ₹400,000 mark. Gold and silver prices within the country are influenced by global factors as well as domestic factors.