- By Aditya Pratap Singh
- Fri, 16 May 2025 01:30 PM (IST)
- Source:JND
Gold Rate Today: As investors turned away from safe-haven assets as the trade war between the US and China and other countries eased, the price of gold kept declining in the domestic futures market. On Friday, May 16, 2025, the opening session of the Multi Commodity Exchange (MCX) saw a decline in the future contract gold rate. The Multi Commodity Exchange's (MCX) gold June 5 contract opened today at Rs 92,859 per 10 grams, down Rs 310 from the previous close of Rs 93,169. It dropped even lower, reaching a low of Rs 92,728—a drop of Rs 441. At approximately 1:24 pm, it was trading flat at Rs 93,175 though.
Globally, precious metal prices have dropped to their lowest point in a month. The Russia-Ukraine war, the US-China tariff tensions, and the volatility of the equity markets are some of the factors that have caused bullion rates to rise, but they all seem to be abating.
Gold Price Today In India
In retail market the gold price surged as compared to previous day's value. According to Goodreturns, the gold rate for 22-carat purity today is Rs 87,200 per 10 grams, while for 24 carat the price is Rs 95,130 per 10 grams. At the same time the rate of 18-carat gold is Rs 71,350/10 grams.
Gold Rate In Mumbai, Chennai, Patna, Lucknow, Bangalore, And Other Cities
| City Name | 22 Carat Gold Price Today | 24 Carat Gold Price Today |
| Delhi | Rs 87,350 | Rs 95,280 |
| Mumbai | Rs 87,200 | Rs 95,130 |
Ahmedabad | Rs 87,250 | Rs 95,180 |
| Bangalore | Rs 87,200 | Rs 95,130 |
| Chennai | Rs 87,200 | Rs 95,130 |
| Chandigarh | Rs 87,350 | Rs 95,280 |
| Hyderabad | Rs 87,200 | Rs 95,130 |
Jaipur | Rs 87,350 | Rs 95,280 |
| Kolkata | Rs 87,200 | Rs 95,130 |
| Lucknow | Rs 87,350 | Rs 95,280 |
| Patna | Rs 87,250 | Rs 95,130 |
| Gurugram | Rs 87,350 | Rs 95,280 |
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