Gold Prices Surge to ₹1.54 Lakh Amid Inflation Concerns
Gold Rate Today, May 11 Live: Gold prices surge to Rs 1.54 Lakh, Silver rate rises to Rs..., Check rates in Kolkata, Mumbai, Chennai, Hyderabad, Delhi, Noida
India
Image: India
On May 11, gold prices in India saw a significant rise, reaching ₹153,140 for 24-karat gold per 10 grams. This increase is attributed to global uncertainty and inflation worries, with silver prices also reflecting limited movement in the domestic market.
- 0124-karat gold priced at ₹153,140 per 10 grams.
- 0222-karat gold priced at ₹140,378 per 10 grams.
- 03Silver 999 Fine priced at ₹262,350 per kg.
- 04Investor sentiment remains positive amid inflation concerns.
- 05Market trend is stable to mildly bullish.
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On May 11, 2026, gold prices in India surged due to ongoing global uncertainty and inflation concerns. The price of 24-karat gold reached ₹153,140 per 10 grams, while 22-karat gold was priced at ₹140,378 per 10 grams. Silver prices also showed limited movement, with 999 Fine silver priced at ₹262,350 per kg. Despite a slight decline compared to previous trading sessions, the overall market sentiment remains positive, indicating a stable to mildly bullish trend. Investors are closely monitoring these developments as inflation worries continue to influence the bullion markets.
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The rise in gold prices may influence consumer buying behavior and investment decisions, particularly among those looking to hedge against inflation.
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