Gold and Silver Price Update for May 1, 2026: Check City-Wise Gold and Silver Rates Across India

As of May 1, 2026, gold and silver prices in India are showing mild movement, shaped by global market cues, currency fluctuations, and steady domestic demand. Both metals continue to attract strong interest from investors and jewellery buyers.
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Gold Price Trend in India

Gold prices have edged slightly higher due to global economic uncertainty and inflation pressures. Demand also remains firm ahead of seasonal buying in several regions.
  • 24K Gold (999 purity): ₹15,370 per gram
  • 22K Gold (jewellery grade): ₹14,089 per gram
Gold rates in India continue to respond closely to international bullion trends and the strength of the US dollar, making daily price shifts common.

City-Wise Gold Rates (May 1, 2026)

Delhi
24K Gold: ₹15,082 per gram
22K Gold: ₹13,826 per gram


Mumbai
24K Gold: ₹15,067 per gram
22K Gold: ₹13,811 per gram

Kolkata
24K Gold: ₹15,067 per gram
22K Gold: ₹13,811 per gram


Chennai
24K Gold: ₹15,383 per gram
22K Gold: ₹14,101 per gram

Chennai continues to record slightly higher rates compared to other metros, mainly due to regional demand patterns and local market factors.

Silver Prices in India

Silver remains a more affordable alternative to gold and is widely used in both investment and jewellery. Industrial demand also plays a key role in its pricing movement.
  • Silver (999 purity): ₹2,49,900 per kg
  • Silver 925 (sterling silver): ₹2,49,000 per kg
  • On a smaller scale, silver is priced at:
  • ₹2,499 per 10 grams across major cities

City-Wise Silver Rate (999 Silver)

  • Delhi: ₹2,499 per 10 grams
  • Mumbai: ₹2,499 per 10 grams
  • Kolkata: ₹2,499 per 10 grams
  • Chennai: ₹2,499 per 10 grams

Gold and silver prices are expected to stay sensitive to global economic signals in the coming weeks. Investors are closely watching inflation trends, interest rate policies, and international demand, all of which continue to shape precious metal movements in India.

Disclaimer: Gold and silver prices are subject to market fluctuations and may vary by city and jeweller. The rates mentioned are indicative and do not include making charges, GST, or other applicable taxes. Readers are advised to check with local jewellers or financial experts before making any purchase or investment decisions.