News India Live, Digital Desk: Gold Price: Gold in India is not just a metal, but it is also considered a symbol of culture, tradition and financial security. Recently there has been a huge ups and downs in gold prices. On 6 May 2025, gold prices registered an increase of around Rs 2,000 per 10 grams. Earlier last week, the price of gold had declined by about Rs 3,500.
On 22 April 2025, the price of 24 carat gold reached the highest level of Rs 1,00,000 per 10 grams, after which it was seen continuously correction. Currently, 24 carat gold is trading at Rs 96,600 per 10 grams. Talking about silver, its price remains around one lakh rupees per kg.
Gold price in major cities (6 May 2025):
| City | 22 carat gold (10 grams per) | 24 carat gold (10 grams per) |
|---|---|---|
| Mumbai | ₹ 90,250 | ₹ 98,460 |
| Ghaziabad | ₹ 90,400 | ₹ 98,610 |
| Patna | ₹ 90,250 | ₹ 98,460 |
| Kolkata | ₹ 90,250 | ₹ 95,730 |
| Lucknow | ₹ 90,400 | ₹ 98,610 |
| Bangalore | ₹ 90,250 | ₹ 98,460 |
| Noida | ₹ 90,400 | ₹ 98,610 |
| Jaipur | ₹ 90,400 | ₹ 98,610 |
| Chennai | ₹ 90,250 | ₹ 98,460 |
| Delhi | ₹ 90,400 | ₹ 98,610 |
Fresh silver rate:
On 6 May 2025, the price of silver was ₹ 96,900 per kg, with a fall of ₹ 100 per kg compared to the previous day.
How is the price of gold and silver determined in India?
The pricing of gold and silver involves several major factors, such as:
- International market prices
- Government tax and duty
- Indian rupee strength or weakness against dollar
- Demand increase in festivals and wedding season
The demand for gold increases rapidly during festivals and weddings, causing prices to fluctuate. Gold is also considered a safe option from investment point of view.
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