Current Gold and Silver Prices in Major Indian Cities - May 2
Gold, Silver Rate Today May 2: Gold prices dip or rebound? Check 18, 22, 24 carat Gold prices in Chennai, Mumbai, Delhi, Kolkata
India
Image: India
On May 2, gold prices in India show slight fluctuations due to global market uncertainties linked to the Israel-US conflict with Iran. In major cities like New Delhi, Mumbai, and Chennai, 24K gold is priced between ₹15,037 and ₹15,383 per gram, while silver is priced at ₹255.10 per gram.
- 01Gold prices vary across major Indian cities, with 24K gold priced at ₹15,037 in Mumbai and ₹15,383 in Chennai.
- 02Silver is currently priced at ₹255.10 per gram, influenced by global demand.
- 03Gold prices have seen a recent rebound, increasing by ₹2,000 to ₹1,54,800 per 10 grams in New Delhi.
- 04Local consumption and international market trends significantly impact gold pricing in India.
- 05The ongoing geopolitical tensions are contributing to fluctuations in gold and silver prices.
Advertisement
In-Article Ad
As of May 2, gold prices in India are experiencing fluctuations due to global market uncertainties stemming from the ongoing Israel-US conflict with Iran. In major cities, 24K gold prices are ₹15,185 per gram in Chennai, ₹15,037 in Mumbai, and ₹15,042 in New Delhi. The prices for 22K and 18K gold also vary slightly across cities. Notably, gold in New Delhi has rebounded recently, increasing by ₹2,000 to ₹1,54,800 per 10 grams, reflecting a 1.31% rise. Silver is priced at ₹255.10 per gram, with its value influenced by both industrial demand and market trends. The pricing structure of gold in India is affected by various factors, including international gold prices, local consumption patterns, and seasonal demand, particularly during festive periods.
Advertisement
In-Article Ad
The fluctuations in gold and silver prices may affect buyers and investors, particularly those looking to purchase jewelry or invest in precious metals.
Advertisement
In-Article Ad
Reader Poll
How do you feel about the current fluctuations in gold prices?
Connecting to poll...
Read the original article
Visit the source for the complete story.