Gold-Silver Rates Today: Rally in Gold Halted, but Silver Shines; Check Prices in Major Cities Including Delhi and Mumbai
Gold-Silver Prices Today: Before purchasing gold or silver, be sure to check today's latest rates. On May 9, a slight softening in gold prices was observed across several major cities in the country, while silver continues to maintain its upward momentum.
Gold-Silver Prices Today: The recent rally in gold prices has currently come to a halt in most cities across the country. On the morning of Saturday, May 9—that is, today—gold prices were seen easing slightly in major cities such as Delhi, Mumbai, and Kolkata, whereas an increase in prices was recorded in Chennai.
Speaking of the national capital, Delhi, the price of 24-carat gold has reached ₹1,52,870 per 10 grams. Meanwhile, in Mumbai, 24-carat gold is trading at ₹1,52,670 per 10 grams. In Delhi's bullion market, just a day earlier—on Friday—the price of gold had dropped by ₹100 to stand at ₹1,55,900 per 10 grams.
What is the Situation in the International Market?
In the global market, spot gold is currently trading at $4,721 per ounce. The fluctuations in the international market are also having a ripple effect on the domestic market.
What are the Latest Gold Rates in Major Cities Across the Country?
City 22 Carat Gold Price (₹) 24 Carat Gold Price (₹)| Delhi | 1,40,090 | 1,52,870 |
| Mumbai | 1,39,940 | 1,52,670 |
| Ahmedabad | 1,39,940 | 1,52,720 |
| Chennai | 1,41,030 | 1,53,850 |
| Kolkata | 1,39,940 | 1,52,670 |
| Hyderabad | 1,39,940 | 1,52,670 |
| Jaipur | 1,40,090 | 1,52,870 |
| Bhopal | 1,39,940 | 1,52,720 |
| Lucknow | 1,40,090 | 1,52,870 |
| Chandigarh | 1,40,090 | 1,52,870 |
Continuous Rise in Silver Prices
Compared to gold, silver prices continue to demonstrate consistent strength. On the morning of May 9, the price of silver rose to reach ₹2,75,100 per kilogram. In the international market, spot silver is trading at $81.14 per ounce.
What Was the Situation a Day Earlier?
In Delhi's bullion market, just a day prior, the price of silver had dropped by ₹200 to settle at ₹2,61,300 per kilogram. However, an upward trend is now being observed once again.