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Gold Price Today, May 13: Check the latest prices of yellow metal in major metro cities.
Gold Price Today, May 13: Check latest prices of yellow metal.
Gold Price Today In India, May 13: Gold prices on Tuesday witnessed a slight surge in price amid India-Pakistan ceasefire and US-China trade deal. In Mumbai, the price of gold stood at Rs 87,650 per 10 gram for 22-carat and Rs 95,620 per 10 gram for 24-carat. Silver prices also fell to Rs 97,900 per kg.
On the MCX, gold prices declined by 0.72 per cent to trade at Rs 93,567 per 10 grams and silver was trading lower by 1.67 per cent at Rs 96,932 per kg in the morning session.
Gold prices tanked sharply by Rs 3,400 to Rs 96,550 per 10 grams in the national capital on Monday as traders shifted from safe-haven buying after the US declared a 90-day pause on tariff against Chinese imports. According to the All India Sarafa Association, the precious metal of 99.5 per cent purity plunged Rs 3,400 to Rs 96,100 per 10 grams on Monday. This marks the steepest fall in 10 months since gold prices plunged Rs 3,350 on July 23, 2024.
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 13, 2025):
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 87,800 | Rs 95,770 |
| Jaipur | Rs 87,800 | Rs 95,770 |
| Ahmedabad | Rs 87,700 | Rs 95,670 |
| Patna | Rs 87,700 | Rs 95,670 |
| Mumbai | Rs 87,650 | Rs 95,620 |
| Hyderabad | Rs 87,650 | Rs 95,620 |
| Chennai | Rs 87,650 | Rs 95,620 |
| Bengaluru | Rs 87,650 | Rs 95,620 |
| Kolkata | Rs 87,650 | Rs 95,620 |
Silver Price In India Today (May 13, 2025)
The price of silver dropped by Rs 100 to Rs 97,900 per kg in Mumbai, according to goodreturns.in.
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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