Current Gold and Silver Prices in Major Indian Cities on May 2, 2026
Gold, silver prices today: Check retail rates of 24K, 22K gold, 999 silver on May 2 in Delhi, Mumbai, Pune, others
Mint
Image: Mint
On May 2, 2026, gold prices in India remained stable, with 24-karat gold priced at ₹151,810 per 10 grams. Silver 999 Fine was priced at ₹251,170 per kilogram. Prices varied slightly across major cities including Mumbai, New Delhi, and Bengaluru, influenced by international market trends.
- 0124-karat gold priced at ₹151,810 per 10 grams in India.
- 02Silver 999 Fine priced at ₹251,170 per kilogram.
- 03Prices vary across major cities like Mumbai, New Delhi, and Bengaluru.
- 04Gold prices are influenced by global market trends and geopolitical tensions.
- 05Gold has decreased nearly 14% since the onset of the conflict on February 28, 2026.
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On May 2, 2026, gold prices in India's retail market remained stable, with 24-karat gold priced at ₹151,810 per 10 grams. The 22-karat gold rate was ₹139,159 per 10 grams, while silver 999 Fine was priced at ₹251,170 per kilogram. Prices varied slightly across major cities: in Mumbai, 24-karat gold was ₹151,530, in New Delhi it was ₹151,270, and in Bengaluru it was ₹151,650. The stability in gold prices comes amid geopolitical tensions affecting global markets, particularly a standoff between the United States and Iran, which has raised inflation risks and impacted gold demand. Since the outbreak of conflict on February 28, gold has lost nearly 14% of its value.
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Stable gold prices provide a reliable benchmark for investors and consumers in India, particularly affecting those in the jewelry market.
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