Gold traded near a two-week high on Tuesday, supported by a weaker U.S. dollar and concerns about the U.S. fiscal outlook. Investors awaited upcoming U.S. economic data for clearer insights into the future path of interest rates.
As of 0228 GMT, spot gold remained steady at $3,339.99 an ounce. Markets in the U.S. and London were closed on Monday due to a holiday.
As of 9:45 AM (IST) in Chennai, 24-carat gold is priced at ₹9,655 per gram, while 22-carat gold costs ₹8,850 per gram. In Hyderabad, the price of 22-carat gold is ₹88,385 per 10 grams, while 24-carat gold is trading at ₹96,420 per 10 grams.
Today, the gold price in India rose around 0.03%. Here is a detailed breakdown of gold prices as of May 7, 2025.
City | 24 Carat Gold (per 10gm in ₹) | 22 Carat Gold (per 10gm in ₹) |
Chennai | 96,550 | 88,504 |
Hyderabad | 96,420 | 88,385 |
Delhi | 96,100 | 88,092 |
Mumbai | 96,260 | 88,238 |
Bangalore | 96,340 | 88,312 |
Today, silver prices in India dropped around 0.2%. Here are the latest silver (Silver 999 Fine) rates per kilogram in major Indian cities as of today.
City | Silver Rate (₹/kg) |
Chennai | 98,220 |
Hyderabad | 98,080 |
Delhi | 97,760 |
Mumbai | 97,930 |
Bangalore | 98,000 |
Also Read: Is Your Gold Real or Fake? Learn to Identify Gold Scams!
Gold prices are seeing a rise in domestic market, while silver prices have dropped. Investors and buyers should stay updated with the latest trends and consider multiple factors, including global market movements and local demand, before making any purchasing decisions.
Since precious metal prices fluctuate frequently, checking real-time rates can help in making informed choices.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Published on: May 27, 2025, 9:59 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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