Noida, May 5 (APAC Media): Gold and silver prices edged higher across India on Tuesday, 5 May 2026, tracking firm global cues and sustained safe-haven demand amid ongoing geopolitical uncertainty.
Market data indicated renewed buying interest in both metals as investors responded to volatility in international bullion markets and heightened tensions in West Asia.
According to market updates, bullion prices moved in tandem with global trends, with traders closely monitoring interest rate expectations and currency fluctuations. The uptick was also supported by steady retail demand in domestic spot markets, even as volatility persisted in overseas exchanges.
City-wise Gold Rates (Per Gram)
| City | 24K Gold | 22K Gold | 18K Gold |
|---|---|---|---|
| Delhi | ₹14,923 | ₹13,690 | ₹11,204 |
| Mumbai | ₹14,918 | ₹13,675 | ₹11,189 |
| Bengaluru | ₹14,918 | ₹13,675 | ₹11,189 |
| Chennai | ₹15,077 | ₹13,820 | ₹11,530 |
| Kolkata | ₹14,918 | ₹13,675 | ₹11,189 |
| Hyderabad | ₹14,918 | ₹13,675 | ₹11,189 |
| Ahmedabad | ₹14,923 | ₹13,680 | ₹11,194 |
| Lucknow | ₹14,923 | ₹13,690 | ₹11,204 |
Chennai continued to report marginally higher gold prices compared to other metropolitan cities, driven largely by regional demand and variations in local taxation.
City-wise Silver Rates
| City | Per Gram | Per Kg |
|---|---|---|
| Delhi | ₹255 | ₹2,55,000 |
| Mumbai | ₹255 | ₹2,55,000 |
| Bengaluru | ₹255 | ₹2,55,000 |
| Chennai | ₹265 | ₹2,65,000 |
| Kolkata | ₹255 | ₹2,55,000 |
| Hyderabad | ₹265 | ₹2,65,000 |
| Ahmedabad | ₹255 | ₹2,55,000 |
| Lucknow | ₹255 | ₹2,55,000 |
Meanwhile, silver prices remained largely stable across major urban centres.
However, Chennai and Hyderabad registered slightly higher silver rates when compared with northern metros.
Market Outlook
Experts indicate that gold and silver prices are likely to remain volatile in the near term, influenced by global interest rate expectations, currency fluctuations, and ongoing geopolitical developments. Despite short-term swings, demand for precious metals continues to stay firm, supported by their safe-haven appeal.
Overall, today’s movement reflects a mildly bullish sentiment in the bullion market, with investors closely monitoring international cues for further direction.
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.
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