
Gold and silver rates showed a positive change of nearly 6% each from the previous day on May 13, 2026. The sharp spike came as the Indian government increased import duties on gold and silver prices from 6% to 15%. This move is aimed at saving crucial forex reserves amidst the ongoing West Asia conflict.
| City | 24K Rate | 22K Rate | 20K Rate | 18K Rate |
| New Delhi | ₹1,62,540 | ₹1,48,995 | ₹1,35,450 | ₹1,21,905 |
| Mumbai | ₹1,62,820 | ₹1,49,252 | ₹1,35,683 | ₹1,22,115 |
| Kolkata | ₹1,62,610 | ₹1,49,059 | ₹1,35,508 | ₹1,21,958 |
| Chennai | ₹1,63,300 | ₹1,49,692 | ₹1,36,083 | ₹1,22,475 |
Note: These prices are indicative. Actual prices may vary depending on the dealer's margins, making charges, GST, and other applicable levies.
| City | 1 Kg Silver Rate |
| New Delhi | ₹2,96,000 |
| Mumbai | ₹2,96,510 |
| Kolkata | ₹2,96,120 |
| Chennai | ₹2,97,370 |
Note: These prices are indicative. Actual prices may vary depending on the dealer's margins, making charges, GST, and other applicable levies.
Read more: SIP Calculator: How Much SIP Is Needed to Reach ₹1 Crore In 12 Years?
Gold and silver prices continue to show strong momentum in India, with significant year-on-year gains reflecting positive investor sentiment and global trends. As seen across Delhi, Mumbai, and Bangalore, the rise in precious metal prices highlights their appeal as a hedge against inflation and economic uncertainty.
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.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: May 13, 2026, 10:35 AM IST

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