Noida, May 19 (APAC Media): Gold and silver prices in India saw fresh movement on Tuesday, May 19, with retail rates for 24K and 22K gold and 999 purity silver showing city-wise variation, including in Delhi, Mumbai, Chennai, and Kolkata.
The latest updates indicate that gold prices have edged higher in several markets after recent fluctuations driven by global economic trends and currency movements.
In the national capital, Delhi, 24K gold is priced at around ₹15,719 per gram, while 22K gold is trading at approximately ₹14,410 per gram. These rates reflect a slight increase compared to previous sessions, continuing the trend of volatility seen in the bullion market over the past week.
🟡 Gold & Silver Rates (India Major Metro Cities)
| City | 24K Gold (₹/gm) | 22K Gold (₹/gm) | Silver (₹/kg) |
|---|---|---|---|
| Delhi | 15,636 | 14,334 | 2,90,100 |
| Mumbai | 15,621 | 14,319 | 2,90,100 |
| Kolkata | 15,621 | 14,319 | 2,90,100 |
| Chennai | 16,090 | 14,749 | 3,00,100 |
| Bengaluru | 15,621 | 14,319 | 2,90,100 |
| Hyderabad | 15,621 | 14,319 | 2,90,100 |
| Ahmedabad | 15,621 | 14,319 | 2,90,100 |
| Pune | 15,621 | 14,319 | 2,90,100 |
Similar pricing patterns were observed in other metro cities, where local demand and making charges also influence final retail costs.
Silver prices have also shown movement. In Delhi, 999 purity silver is trading at roughly ₹300 per gram, or about ₹300,000 per kilogram, according to retail estimates.
Analysts note that silver has been reacting to both industrial demand trends and investor sentiment, which has kept prices unstable in recent sessions.
Gold, Silver Price Today May 18: Check Latest 24K, 22K Gold Rates City-Wise Across India
Market experts attribute the fluctuations in precious metals to a combination of global factors, including uncertainty in international financial markets, expectations around interest rate changes in the US, and fluctuations in the US dollar index.
Additionally, geopolitical tensions and inflation concerns continue to support safe-haven demand for gold, although profit-booking at higher levels has occasionally capped sharp gains.
On the domestic front, demand from jewellery buyers and seasonal purchasing activity continue to influence retail pricing.
Experts suggest that prices may remain volatile in the short term as traders respond to global cues and central bank policy signals.
Overall, the bullion market remains sensitive to global developments, and both gold and silver are expected to witness continued price swings in the coming days as investors balance risk and safe-haven demand.
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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