Gold prices in India edged higher on Monday, May 25, tracking gains in global bullion markets amid continued volatility in crude oil prices, US Federal Reserve rate expectations and geopolitical developments linked to the Middle East.
According to the latest bullion data, 24K gold in Mumbai stood at Rs 15,938 per gram, while 22K gold was priced at Rs 14,610 per gram. Meanwhile, 18K gold rates were at Rs 11,954 per gram.
Latest gold prices in major Indian cities
| City | 24K Gold (1g) | 22K Gold (1g) | 18K Gold (1g) |
|---|---|---|---|
| Mumbai | Rs 15,938 | Rs 14,610 | Rs 11,954 |
| Ahmedabad | Rs 15,943 | Rs 14,615 | Rs 11,959 |
| Kolkata | Rs 15,938 | Rs 14,610 | Rs 11,954 |
| Delhi | Rs 15,953 | Rs 14,625 | Rs 11,964 |
| Chennai | Rs 16,124 | Rs 14,780 | Rs 12,400 |
| Bangalore | Rs 15,938 | Rs 14,610 | Rs 11,954 |
| Hyderabad | Rs 15,938 | Rs 14,610 | Rs 11,954 |
| Jaipur | Rs 15,953 | Rs 14,625 | Rs 11,964 |
Gold prices today in India
Gold prices rose across purity categories compared to the previous session.
| Gold Type | Today | Yesterday | Change |
|---|---|---|---|
| 24K Gold | Rs 15,938 | Rs 15,906 | +Rs 32 |
| 22K Gold | Rs 14,610 | Rs 14,580 | +Rs 30 |
| 18K Gold | Rs 11,954 | Rs 11,929 | +Rs 25 |
For 10 grams, 24K gold prices stood at Rs 1,59,380, while 22K gold prices were at Rs 1,46,100.
Why gold prices are moving higher
International bullion sentiment improved after reports indicated progress toward a possible US-Iran agreement, which could eventually reduce geopolitical tensions around the Strait of Hormuz and global energy markets.
At the same time, investors continued assessing the outlook for US interest rates after recent comments from Federal Reserve officials created mixed expectations regarding future policy moves. Volatility in crude oil prices and the US dollar index also continued influencing precious metal prices globally.
MCX gold prices today
MCX Gold futures traded in positive territory during early trade on Monday, while silver prices also witnessed recovery after last week’s sharp correction.
Bullion traders are closely monitoring:
- crude oil movement
- inflation expectations
- central bank policy outlook
- global geopolitical developments
for further direction in gold and silver prices.
Jewellery demand remains in focus
Jewellers and bullion dealers are also watching whether softer crude oil prices and easing inflation concerns can help stabilize domestic gold prices ahead of the ongoing wedding and festive buying season in India.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Gold and silver prices are subject to market risks and may change rapidly. Always verify rates with your local jeweller before making any purchase decision.