Noida, May 4 (APAC Media): Gold prices in India remained largely steady on Monday, as domestic bullion markets tracked stable global cues and cautious investor sentiment.
Market data showed 24-carat gold prices trading in a narrow band between ₹15,090 and ₹15,130 per gram across major cities, including Delhi, Mumbai, Kolkata, and Chennai.
Meanwhile, 22-carat gold was quoted in the range of ₹13,830 to ₹13,850 per gram, with slight variations across locations attributed to differences in local taxes and making charges.
Spot gold, which logged a weekly decline of around 2%, was trading nearly 0.75% lower at $4,584, tracking weakness in global sentiment, analysts said.
India City-wise Gold & Silver Prices (04 May 2026)
| City | 24K Gold (₹/g) | 22K Gold (₹/g) | 999 Silver (₹/kg) |
|---|---|---|---|
| Delhi | 15,090 – 15,130 | 13,830 – 13,850 | 2,65,000 |
| Mumbai | 15,090 – 15,130 | 13,830 – 13,850 | 2,65,000 |
| Kolkata | 15,090 – 15,130 | 13,830 – 13,850 | 2,65,000 |
| Chennai | 15,090 – 15,130 | 13,830 – 13,850 | 2,70,000 |
| Bengaluru | 15,090 – 15,130 | 13,830 – 13,850 | 2,65,000 |
| Hyderabad | 15,090 – 15,130 | 13,830 – 13,850 | 2,70,000 |
| Ahmedabad | 15,090 – 15,130 | 13,830 – 13,850 | 2,65,000 |
| Pune | 15,090 – 15,130 | 13,830 – 13,850 | 2,65,000 |
| Vadodara | 15,090 – 15,130 | 13,830 – 13,850 | 2,65,000 |
Crude oil, after fluctuating during overnight and Asian trading sessions, recovered ground as uncertainty over the Strait of Hormuz persisted.
Oil initially slipped after U.S. President Donald Trump announced a plan dubbed “Project Freedom” aimed at facilitating vessel movement through the strategic waterway. However, with limited details on the proposal, buying interest returned to the market, pushing prices higher.
The US Dollar Index was hovering around 98.24, up 0.1% on the day, reflecting a modest uptick in the greenback, traders said.
Total known global gold ETF holdings stood at 98.66 million ounces, down by 0.29 million ounces year-to-date, indicating continued outflows from the investment segment.
Meanwhile, US Treasury yields remained steady, with limited movement across the curve as markets awaited further macroeconomic cues.
Disclaimer:
Gold prices and rates are for informational purposes only. APAC Media is not liable for any discrepancies or financial decisions made based on this data. Please consult an authorised advisor before making investment choices.
Also Read:
Gold, Silver Prices Today: City-Wise 24K ,22K Rates Rise Amid Crude Oil Surge
Discussion about this post