Gold price today in India recorded sharpest jump of the month with prices soaring to 2-week high as worries over US President Donald Trump’s tariff policies enhanced safe-haven demand. Investors are also closely tracking the upcoming Fed Reserve policy meeting scheduled to take place on Wednesday for hints into central bank’s rate trajectory. 24k gold price today jumped by Rs 2,730 to Rs 98,460/10 grams and 24k/100 grams yellow metal prices surged by Rs 27,300 to Rs 9,84,600 on Tuesday. Meanwhile, 22k gold price today rose by Rs 2,500 to Rs 90,250/10 grams and 22k/100 grams precious metal rates rallied by Rs 25,000 to Rs 9,02,500 on May 6, 2025.
18k gold price today firmed by Rs 2,040 to hit 73,840/10 grams and 18k/100 grams gold rate climbed by Rs 20,400 on Tuesday. Meanwhile, 24k per gram gold rate surged by Rs 273 to Rs 9,846, 22k per gram yellow metal price firmed by Rs 250 to Rs 9,025, and 18k per gram gold edged added Rs 204 to Rs 7,384.
Why Gold Prices Have Been Rising?
According to a Reuters report, “Gold prices have a strong run-up to start this week, with investors returning to the safe-haven asset to hedge against portfolio volatility amid renewed tariff concerns from U.S. President Donald Trump,” said IG market strategist Yeap Jun Rong.
According to Gaurav Goel, (Entrepreneur and SEBI Registered Investment Advisor), “The primary reason for Gold prices to escalate has been the loss of credibility of US dollar. Central banks worldwide, particularly China and Japan have been selling their US treasury holding and purchasing Gold as part of their holdings. Investors also view Gold as a safe haven during period of economic and political turmoil. We expect Gold prices to continue their upward momentum in the long run though the pace of growth would be slightly tapered. Short term would be marked by volatility.”
How Much Gold Prices Surged From May 1, 2025 to May 5, 2025?
22k/10 grams gold price stood at Rs 87,750/10 grams on May 1, 2025. Today, yellow metal prices surged to Rs 90,250, reflecting a surge of 2.85%.
How Much Gold Prices Gained Since January 1, 2025?
22k/10 grams yellow metal rates were hovering at Rs 71,500 on January 1, 2025. Today, 22k/10 grams precious metal prices zoomed to Rs 90,250/10 grams. Yellow metal prices rallied 26.22% from January 1, 2025 to May 6, 2025.
Spot Gold Price Today
Spot gold soared 0.9% to $3,362.69 an ounce as of 0632 GMT. U.S. gold futures gained 1.5% to $3,370.40. Spot silver surged 1.5% to $32.98 an ounce, platinum rallied 1.4% to $972.25 and palladium jumped 0.5% to $945.25, added the Reuters report.
22k Gold Price In Last 5-Days In India (for 1 gram)
22k per gram gold price today jumped by Rs 250, zoomed by Rs 20 on May 5, stayed steady on May 4, May 3, and declined by Rs 20 on May 2.
Silver Prices Today In India
Silver prices registered marginal fall on May 6, 2025. 1 kg silver price today declined by Rs 100 to Rs 96,900. Meanwhile, 100 grams silver rates slipped by Rs 10 to Rs 9,690.
Silver Prices In Last 5-Days In India (1kg)
Silver prices today fell by Rs 100, slipped by Rs 1000 on May 5, remained stable on May 4, May 3, and May 2.
Where Gold Prices Are Cheapest In The World On May 06, 2025?
22k per gram yellow metal rates are lowest in England on May 06, 2025 at Rs 8,395 followed by United States at Rs 8,439. Meanwhile, 22k per gram gold stood highest in Nepal today at Rs 9096 followed by Singapore at Rs 8,885.
1 Gram Gold Rate In Key Metro Cities And States Of India On May 6, 2025
| City | 22k Gold Price Per Gram |
| Chennai Gold Price Today | 22 carat gold rate is Rs 9,025 |
| Mumbai Gold Price Today | 22K gold price is Rs 9,025 |
| Delhi Gold Rate Today | 22K yellow metal price is Rs 9,040 |
| Kolkata Gold Price Today | 22 carat gold price is Rs 9,025 |
| Bangalore Gold Price Today | 22K gold rate is Rs 9,025 |
| Hyderabad Gold Prices Today | 22 carat gold rate is Rs 9,025 |
| Kerala Gold Prices Today | 22 carat gold rate is Rs 9,025 |
| Gold Price In Lucknow Today | 22 carat gold price is Rs 9,040 |
| Patna Gold Rate Today | 22k precious metal price is Rs 9,030 |
(Gold price figures source: Goodreturns.in)
Disclaimer: The story highlights gold prices and should not be considered an investment advice by Moneydaily.in or the author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult an expert before making any investment decisions.
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