Gold, Silver Prices Today: Latest 24K, 22K Gold and Silver Rates on May 11 in Delhi, Mumbai and Kolkata
Gold prices in India remained almost unchanged on Monday, May 11, as the bullion market traded in a narrow range. Both 24-karat and 22-karat gold saw only minor fluctuations across major cities, while silver prices also stayed largely steady.
The yellow metal continues to hold near record levels as investors keep a close eye on rising geopolitical tensions and global economic uncertainty.
MCX Gold and Silver Rates
At 9:04 am on Monday, the MCX Gold June Futures slipped 0.21% to ₹1,52,150 per 10 grams, while the MCX Silver May Futures climbed 0.62% to ₹2,63,554 per kilogram.
Why Gold Prices Are Staying Elevated
Gold remains in focus as investors seek safe-haven assets amid escalating tensions in the Middle East.
US President Donald Trump rejected Iran’s proposal to end the ongoing conflict, calling it “totally unacceptable.” Iran responded by saying it would “never bow” to US pressure, while Israel signalled that military operations are not over yet.
These developments have kept uncertainty high, supporting gold prices globally.
Gold Price Today in Major Indian Cities (May 11, 2026)
Mumbai
24K gold: ₹1,52,490 per 10 grams
22K gold: ₹1,39,790 per 10 grams
Silver (999 fine): ₹2,62,810 per kg
New Delhi
24K gold: ₹1,52,630 per 10 grams
22K gold: ₹1,39,930 per 10 grams
Silver (999 fine): ₹2,62,350 per kg
Bengaluru
24K gold: ₹1,52,570 per 10 grams
22K gold: ₹1,39,870 per 10 grams
Silver (999 fine): ₹2,62,970 per kg
Kolkata
24K gold: ₹1,52,050 per 10 grams
22K gold: ₹1,39,379 per 10 grams
Silver (999 fine): ₹2,62,410 per kg
Hyderabad
24K gold: ₹1,52,500 per 10 grams
22K gold: ₹1,39,800 per 10 grams
Silver (999 fine): ₹2,63,180 per kg
22K gold: ₹1,39,840 per 10 grams
Silver (999 fine): ₹263,530 per kg
24K vs 22K Gold: What’s the Difference?
24-karat gold is the purest form of gold, containing nearly 99.9% purity. It is commonly bought for investment purposes.
22-karat gold contains 91.6% pure gold mixed with other metals, making it stronger and better suited for jewellery.
Gold’s Massive Rally Over the Past Year
Gold prices have delivered exceptional returns over the last year.
In Faridabad, the price of 10 grams of 24K gold climbed from ₹95,920 on May 12, 2025, to ₹1,54,645 on May 9, 2026, a jump of more than 60%.
This surge follows a strong rally in 2025, when gold posted its best annual performance since 1979.
Silver Prices Have Soared Too
Silver has also seen a sharp rise. Prices that were around ₹78,600 per kg during 2023-24 have surged to over ₹2.5 lakh per kg in early May 2026.
Strong industrial demand, currency movements and global uncertainty have all contributed to silver’s remarkable rally.
Outlook for Precious Metals
The near-term trend for gold and silver will depend largely on global developments, especially the evolving conflict involving the US, Israel and Iran.
As long as geopolitical tensions remain elevated, precious metals are likely to stay well supported.
Disclaimer: This information is meant for general awareness and is based on publicly available data. Gold and silver prices change frequently throughout the day. Please check with your local jeweller or financial advisor before making any investment or purchase decision.
The yellow metal continues to hold near record levels as investors keep a close eye on rising geopolitical tensions and global economic uncertainty.
MCX Gold and Silver Rates
At 9:04 am on Monday, the MCX Gold June Futures slipped 0.21% to ₹1,52,150 per 10 grams, while the MCX Silver May Futures climbed 0.62% to ₹2,63,554 per kilogram.Why Gold Prices Are Staying Elevated
Gold remains in focus as investors seek safe-haven assets amid escalating tensions in the Middle East. US President Donald Trump rejected Iran’s proposal to end the ongoing conflict, calling it “totally unacceptable.” Iran responded by saying it would “never bow” to US pressure, while Israel signalled that military operations are not over yet.
These developments have kept uncertainty high, supporting gold prices globally.
Gold Price Today in Major Indian Cities (May 11, 2026)
Mumbai
24K gold: ₹1,52,490 per 10 grams 22K gold: ₹1,39,790 per 10 grams
Silver (999 fine): ₹2,62,810 per kg
New Delhi
24K gold: ₹1,52,630 per 10 grams 22K gold: ₹1,39,930 per 10 grams
Silver (999 fine): ₹2,62,350 per kg
Bengaluru
24K gold: ₹1,52,570 per 10 grams 22K gold: ₹1,39,870 per 10 grams
Silver (999 fine): ₹2,62,970 per kg
Kolkata
24K gold: ₹1,52,050 per 10 grams 22K gold: ₹1,39,379 per 10 grams
Silver (999 fine): ₹2,62,410 per kg
Hyderabad
24K gold: ₹1,52,500 per 10 grams 22K gold: ₹1,39,800 per 10 grams
Silver (999 fine): ₹2,63,180 per kg
Chennai
24K gold: ₹1,52,540 per 10 grams22K gold: ₹1,39,840 per 10 grams
Silver (999 fine): ₹263,530 per kg
24K vs 22K Gold: What’s the Difference?
24-karat gold is the purest form of gold, containing nearly 99.9% purity. It is commonly bought for investment purposes. 22-karat gold contains 91.6% pure gold mixed with other metals, making it stronger and better suited for jewellery.
Gold’s Massive Rally Over the Past Year
Gold prices have delivered exceptional returns over the last year. In Faridabad, the price of 10 grams of 24K gold climbed from ₹95,920 on May 12, 2025, to ₹1,54,645 on May 9, 2026, a jump of more than 60%.
This surge follows a strong rally in 2025, when gold posted its best annual performance since 1979.
Silver Prices Have Soared Too
Silver has also seen a sharp rise. Prices that were around ₹78,600 per kg during 2023-24 have surged to over ₹2.5 lakh per kg in early May 2026. Strong industrial demand, currency movements and global uncertainty have all contributed to silver’s remarkable rally.
Outlook for Precious Metals
The near-term trend for gold and silver will depend largely on global developments, especially the evolving conflict involving the US, Israel and Iran. As long as geopolitical tensions remain elevated, precious metals are likely to stay well supported.
Disclaimer: This information is meant for general awareness and is based on publicly available data. Gold and silver prices change frequently throughout the day. Please check with your local jeweller or financial advisor before making any investment or purchase decision.
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