New Delhi, May 20 — The domestic bullion market witnessed a marginal upward trend on Monday, as gold and silver prices rose slightly across major Indian cities. While the movement was not dramatic, the increase in precious metal rates reflected sustained investor interest and global market sentiment.
According to market data, 24-carat gold is trading in the range of ₹95,520 to ₹95,670 per 10 grams, whereas 22-carat gold is priced between ₹87,560 and ₹87,710 per 10 grams in various cities. Silver, too, saw a modest uptick, with prices in Delhi touching ₹98,100 per kilogram.
Gold Prices in Key Cities
In Delhi, 24-carat gold is retailing at ₹95,670 per 10 grams, while 22-carat gold is at ₹87,710 per 10 grams. Similarly, Mumbai saw 24-carat gold priced at ₹95,520, with 22-carat at ₹87,560 per 10 grams.
Ahmedabad reported 24-carat gold at ₹95,570 and 22-carat at ₹87,610. In Chennai and Kolkata, prices stood at ₹95,520 and ₹87,560 for 24- and 22-carat gold, respectively.
In Lucknow, gold prices matched Delhi’s, with 24-carat at ₹95,670 and 22-carat at ₹87,710. Patna reported slightly lower figures, with 24-carat at ₹95,570 and 22-carat at ₹87,610 per 10 grams. Jaipur also aligned with Delhi and Lucknow, maintaining gold rates at ₹95,670 and ₹87,710 per 10 grams for 24- and 22-carat, respectively.
Silver Prices Rise
The price of silver rose to ₹98,100 per kilogram in Delhi, indicating renewed interest in the metal often considered a safe haven during market volatility.
Broader Market Trends
Other states including Karnataka, Telangana, and Odisha also saw minor increases in gold prices. In Bengaluru, Hyderabad, and Bhubaneswar, 24-carat gold was retailing at ₹95,520, while 22-carat gold stood at ₹87,560 per 10 grams.
Market Outlook
Bullion experts attribute the slight rise in prices to ongoing global uncertainties, fluctuation in the dollar index, and anticipation around interest rate movements by major central banks. While the Indian rupee has shown relative stability, global gold demand continues to influence domestic pricing.
Traders are advising customers to stay updated with daily fluctuations and consider long-term buying opportunities as global cues continue to impact precious metal prices.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.