BUSINESS
Gold and Silver Prices: Gold and silver prices fell again on May 22nd. Click here to check the price in your city
Gold and silver prices in India fell on Friday, May 22. In Mumbai, 24-carat gold was priced at ₹159,940 per 10 grams, while 22-carat gold was available at ₹146,610 per 10 grams. These rates do not include GST and making charges.
On MCX, gold prices for June 5 contract fell 0.15 per cent to Rs 1,59,368 per 10 grams, while silver fell 0.31 per cent to Rs 2,74,036 per kg.
What is the price of 22kt, 24kt gold in major cities of India on May 22?
|
Delhi |
Rs 1,46,760 |
Rs 1,60,090 |
|
Jaipur |
Rs 1,46,760 |
Rs 1,60,090 |
|
Ahmedabad |
Rs 1,46,660 |
Rs 1,59,990 |
|
Pune |
Rs 1,46,610 |
Rs 1,59,940 |
|
Mumbai |
Rs 1,46,610 |
Rs 1,59,940 |
|
Hyderabad |
Rs 1,46,610 |
Rs 1,59,940 |
|
Chennai |
Rs 1,46,610 |
Rs 1,59,940 |
|
Bengaluru |
Rs 1,46,610 |
Rs 1,59,940 |
|
Kolkata |
Rs 1,46,610 |
Rs 1,59,940 |
What factors affect gold prices in India?
International market rates, import duties, taxes, and exchange rate fluctuations primarily affect gold prices in India. Together, these factors determine daily gold rates across the country.
In India, gold has a strong cultural and financial significance. It is a preferred investment option and a key element of celebrations, especially weddings and festivals.
With constantly changing market conditions, investors and traders closely monitor fluctuations. It's crucial to stay updated to better understand changing trends.
PC: Samco
