Gold Rates in Major Indian Cities as of Today
On May 6, 2025, gold prices across India’s major cities have risen, reflecting global economic trends and increased demand. Here’s a detailed overview of the current rates for 22-carat and 24-carat gold:
🟡 Current Gold Prices (Per 10 Grams)
| City | 22-Carat Gold (₹) | 24-Carat Gold (₹) |
|---|---|---|
| Delhi | ₹87,713 | ₹95,673 |
| Mumbai | ₹87,567 | ₹95,527 |
| Bengaluru | ₹87,555 | ₹95,515 |
| Chennai | ₹87,561 | ₹95,521 |
| Kolkata | ₹87,565 | ₹95,525 |
| Pune | ₹87,573 | ₹95,533 |
| Hyderabad | ₹87,561 | ₹95,521 |
| Bhubaneswar | ₹87,750 | ₹95,750 |
Disclaimer: Prices are approximate and may vary due to local market conditions and jeweler-specific charges.
📈 Key Factors Driving the Gold Price Increase
Gold prices have climbed by about 1.5% today, with 24-carat gold reaching a national average of ₹96,360 per 10 grams. The rise can be attributed to several factors:
- Economic Uncertainty: Concerns over global trade policies and the upcoming Federal Reserve decisions have led investors to turn to gold as a safe-haven asset.
- Currency Dynamics: A weaker U.S. dollar has made gold more attractive to buyers worldwide, contributing to the surge in prices.
- Seasonal Demand: The ongoing wedding season in India has driven a significant uptick in gold purchases, further pushing up prices.
💡 Tips for Gold Buyers and Investors
If you’re considering purchasing gold, here are some useful tips:
- Monitor Price Trends: Keep an eye on price fluctuations to identify potential buying opportunities during dips.
- Verify Purity: Always purchase gold from certified and reputable jewelers to ensure its authenticity.
- Diversify Investments: While gold is a stable investment, balancing it with other asset classes can help manage financial risks.
For real-time gold price updates and further insights, check reliable financial news sources or consult local jewelers. Investing in gold can be a valuable strategy during uncertain economic times, provided it’s done with careful planning and research.