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Gold and Silver Prices Today, May 19: In Mumbai, the price of gold stood at Rs 87,200 per 10 grams for 22-carat and Rs 95,130 per 10 grams for 24-carat.
Gold Price Today, May 19: Check latest prices of yellow metal.
Gold Price Today In India, May 19: Gold prices on Monday rose marginally after falling over 4 per cent last week. In Mumbai, the price of gold stood at Rs 87,200 per 10 grams for 22-carat and Rs 95,130 per 10 grams for 24-carat.
However, the price of silver fell by Rs 100 to trade at Rs 96,900 per kg in Mumbai.
On the MCX, gold was trading higher by 0.65 per cent to trade at Rs 93,042 per 10 grams and silver was up by 0.26 per cent to trade at Rs 95,570 per kg.
Gold prices on Monday rose more than 1 per cent as the dollar weakened and as US Treasury Secretary Scott Bessent reaffirmed President Donald Trump’s tariff threats, boosting safe-haven demand amid renewed trade tensions.
Recently, gold prices hit the Rs 1 lakh mark after increasing for the past few weeks amid global economic uncertainties and US recession fears.
Known for its unmatched purity, 24-carat gold continues to attract buyers seeking premium quality. Meanwhile, 22-carat gold, prized for its durability and timeless charm, remains a favourite among jewellery enthusiasts and investors alike, striking a balance between elegance and practicality.
Here’s a detailed breakdown of gold prices across key cities (May 19, 2025):
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 87,350 | Rs 95,660 |
| Jaipur | Rs 87,350 | Rs 95,660 |
| Ahmedabad | Rs 87,600 | Rs 95,180 |
| Patna | Rs 87,600 | Rs 95,560 |
| Mumbai | Rs 87,550 | Rs 95,560 |
| Hyderabad | Rs 87,550 | Rs 95,510 |
| Chennai | Rs 87,550 | Rs 95,510 |
| Bengaluru | Rs 87,550 | Rs 95,510 |
| Kolkata | Rs 87,550 | Rs 95,510 |
Silver Price In India Today (May 19, 2025)
The price of silver on Monday fell by Rs 100 to trade at Rs 96,900 per kg in Mumbai, according to goodreturns.in.
Gold saw a steep weekly loss of more than 4 per cent last week, its most since November 2024, as it dropped toward $3,180. Since its April peak of $3,500, the precious metal has lost more than $300 as technical selling quickens and safe-haven demand wanes.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
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