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Gold Price Today In India, May 21: Check the latest gold prices in major metro cities like Chennai, Mumbai, Delhi.
Gold Price Today, May 21.
Gold Price Today In India, May 21: Gold and silver prices rose substantially on Wednesday, extending their earlier upward momentum. In Mumbai, the price of gold stood at Rs 89,300 per 10 grams for 22-carat and Rs 97,420 per 10 grams for 24-carat.
However, the price of silver shot up by Rs 3,000 to trade at Rs 1,00,000 per kg in Mumbai.
On the MCX, gold was trading higher by 0.63 per cent to trade at Rs 95,438 per 10 grams and silver was down by 0.26 per cent to trade at Rs 97,646 per kg.
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 21, 2025):
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 89,450 | Rs 97,570 |
| Jaipur | Rs 89,450 | Rs 97,570 |
| Ahmedabad | Rs 89,350 | Rs 97,470 |
| Patna | Rs 89,350 | Rs 97,470 |
| Mumbai | Rs 89,300 | Rs 97,420 |
| Hyderabad | Rs 89,300 | Rs 97,420 |
| Chennai | Rs 89,300 | Rs 97,420 |
| Bengaluru | Rs 89,300 | Rs 97,420 |
| Kolkata | Rs 89,300 | Rs 97,420 |
Silver Price In India Today (May 21, 2025)
The price of silver on Monday fell by Rs 3000 to trade at Rs 1,00,000 per kg in Mumbai, according to goodreturns.in.
Rahul Kalantri, vice-president (commodities) of Mehta Equities Ltd, said, “Gold and silver saw solid gains on Tuesday, extending their earlier upward momentum. The general marketplace is still a bit unsettled following the surprise ratings agency downgrade to US government debt by Moody’s late last week. Geopolitical tensions added fuel to the rally, as reports emerged that Israel might be planning a strike on Iranian nuclear facilities.”
The Dollar Index falls near two-week low, whereas the US 10-year bond yields crossed 4.50 per cent amid US fiscal concerns and supported precious metal. However, the Russia-Ukraine ceasefire deal hopes could limit gains of precious metals, he added.
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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