Today, Saturday, May 2, there was no significant change in gold prices in the retail market of India. 24-carat and 22-carat gold rates remained largely stable in major cities of the country. Multi Commodity Exchange of India (MCX) remains closed on weekends; Therefore, live trading data was not available. Based on previous closing levels, gold is still trading above the ₹1.5 lakh per 10 gram mark, although it has seen a slight softening in the last few trading sessions.
Check latest gold and silver rates here:
24-carat gold – ₹151,810 per 10 grams
22-carat gold – ₹139,159 per 10 grams
Silver (999 fine) – ₹251,170 per 1 kg
Also read – Petrol-Diesel Prices: Alarm bells are ringing! Petrol and diesel prices likely to rise in next 5-7 days; See here how much increase can happen.
gold prices in mumbai
24-carat gold rate – ₹151,530/10 grams
22-carat gold rate – ₹138,903/10 grams
999 fine silver rate – ₹250,720/1 kg
Gold prices in New Delhi
24-carat gold rate – ₹151,270/10 grams
22-carat gold rate – ₹138,664/10 grams
999 fine silver rate – ₹250,290/1 kg
gold prices in ahmedabad
24-carat gold rate – ₹151,730/10 grams
22-carat gold rate – ₹139,086/10 grams
999 fine silver rate – ₹251,050/1 kg
gold prices in bengaluru
24-carat gold rate – ₹151,650/10 gram 22-carat gold rate – ₹139,013/10 gram. Rate of 999 pure silver – ₹250,920/1 kg.
gold price in kolkata
24-carat gold rate – ₹151,330/10 grams.
22-carat gold rate – ₹138,719/10 grams.
Rate of 999 pure silver – ₹250,390/1 kg.
gold price in hyderabad
24-carat gold rate – ₹151,770/10 grams.
22-carat gold rate – ₹139,123/10 grams.
Rate of 999 pure silver – ₹251,120/1 kg.
gold price in chennai
24-carat gold rate – ₹151,970/10 grams.
22-carat gold rate – ₹139,306/10 grams.
Rate of 999 pure silver – ₹251,450/1 kg.
Why was there a decline in the global market?
Gold prices have declined in international markets as economic uncertainty remains due to rising tensions in the Middle East. As a result, expectations of interest rate cuts have also diminished. Experts believe that if interest rates remain high for a long time, assets that do not provide any returns—like gold and silver—could remain under pressure. Over the past few months, gold prices have witnessed continuous fluctuations due to ongoing geopolitical tensions and prevailing economic conditions.
