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Gold and Silver Prices Trade Higher: Check Rates in Your City on May 07, 2025

Written by: Sachin GuptaUpdated on: May 6, 2025, 2:43 PM IST
Gold and silver prices rose in both the global and domestic markets on May 07, 2025. In the international market, spot gold prices soared 1.26%.
Gold and Silver Prices Trade Higher: Check Rates in Your City on May 07, 2025
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Gold and silver prices witnessed a growth in both the global and domestic markets on May 07, 2025. In the international market, spot gold prices grew by 1.26%, reaching $3,355.76 as of 11:00 AM. In the domestic market, gold prices have increased by nearly ₹1,220. Turning to silver prices, there was an increase of 2.38% to ₹96,740 in the domestic market.

In Mumbai, 24-carat gold is priced at ₹9,611 per gram, while 22-carat gold now costs ₹8,810 per gram. In Delhi, the price of 22-carat gold is currently ₹87,945 per 10 grams, while 24-carat gold is trading at ₹95,940 per 10 grams.

Gold Prices Across Major Indian Cities on May 07, 2025

Here is a detailed breakdown of gold prices as of May 07, 2025:

City 24 Carat Gold (per 10gm in ₹) 22 Carat Gold (per 10gm in ₹)
Chennai 96,390 88,358
Bangalore 96,180 88,165
Kolkata 95,980 87,982

Silver Prices Across Major Indian Cities

City Silver Rate in ₹/KG 
Mumbai 96,510
Delhi 96,340
Kolkata 96,380
Chennai 96,790

Conclusion

Both gold and silver prices have shown an increase on May 6, reflecting an upward momentum in both domestic and international markets. With gold rising by nearly ₹1,300 in the domestic market and silver witnessing a ~₹2,220 increase per kilogram.

 

 

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 6, 2025, 11:16 AM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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