Gold price today in India slipped for 3rd consecutive day as investors focus shifted towards US non-farm payrolls report scheduled to be declared later today. 24k gold price today declined by Rs 220 to Rs 95,510/10 grams and 24k/100 grams gold rate today edged lower by Rs 2,200 to settle at Rs 9,55,100 on Friday. 22K gold price today slid by Rs 200 to trade at Rs 87,550/10 grams and 22k/100 grams yellow metal rates plunged by Rs 2,000 to Rs 8,75,500 on May 2, 2025. It is worth noting that 22k/10 grams gold prices declined by 2.51% in last 3-days span as prices were retailing at Rs 89,800 on April 29, 2025 and today prices came down to Rs 87,550.
Meanwhile, 18k gold price today eased by Rs 160 to Rs 71,640/10 grams and 18k/100 grams precious metal prices fell by Rs 1,600 to Rs 7,16,400. 24K per gram yellow metal shed Rs 22 to Rs 9,551, 22k gold rate eased by Rs 20 to Rs 8,755, and 18k per gram precious metal prices fell by Rs 16 to Rs 7,164.
Spot Gold Price Today
Spot gold zoomed 0.4% to $3,254.51 an ounce, as of 0610 GMT. Spot silver surged 0.5% to $32.57 an ounce, platinum rallied 1.1% to $968.76 and palladium zoomed 1.1% to $950.79, according to Reuters.
Why Gold Prices Have Been Falling?
Yellow metal prices have been falling in India and plunged by 2.51% in just last 3-days, the sharpest decline since late February end, 2025. The major factors attributed behind the fall remain strong dollar and easing tariff situation. The Reuters report added, “There have been softening stance (on tariffs) and situation has improved a bit, but still there are a lot of uncertainties so gold will still be preferred by investors,” said ANZ Commodity Strategist Soni Kumari, adding that every price correction in gold is seen as a buying opportunity. However, if gold prices witness continuous fall, it would generate plenty of investment demand.
22k Gold Price In Last 5-Days In India (for 1 gram)
22k per gram gold price today slipped by Rs 20 , fell sharply by Rs 200 on May 1, plunged by Rs 5 on April 30, soared by Rs 40 on April 29, and edged lower by Rs 62 on April 28.
Silver Prices Today In India
Silver prices held steady in India on May 2, 2025. 1 kg silver prices on May 2, 2025 stood at Rs 98,000. On the other hand, 100 grams silver rates remained unchanged in the country on Friday at Rs 9,800.
Silver Prices In Last 5-Days In India (1kg)
Silver prices today remained flat, slipped by Rs 2000 on May 1, slid by Rs 500 on April 30, remained unchanged on April 29, and dived by Rs 1400 on April 28.
Where Gold Prices Are Cheapest In World On May 02, 2025?
22k/gram gold rates stood cheapest in England on May 02, 2025 at Rs 8,060 followed by Kuwait at Rs 8,169. Meanwhile, 22k/gram gold prices are highest in Nepal at Rs 9046 Malaysia at Rs 8,729.
1 Gram Gold Rate In Key Metro Cities And States Of India On May 2, 2025
| City | 22k Gold Price Per Gram |
| Chennai Gold Price Today | 22 carat gold rate is Rs 8,755 |
| Mumbai Gold Price Today | 22K gold price is Rs 8,755 |
| Delhi Gold Rate Today | 22K yellow metal price is Rs 8,770 |
| Kolkata Gold Price Today | 22 carat gold price is Rs 8,755 |
| Bangalore Gold Price Today | 22K gold rate is Rs 8,755 |
| Hyderabad Gold Prices Today | 22 carat gold rate is Rs 8,755 |
| Kerala Gold Prices Today | 22 carat gold rate is Rs 8,755 |
| Gold Price In Lucknow Today | 22 carat gold price is Rs 8,770 |
| Patna Gold Rate Today | 22k precious metal price is Rs 8,760 |
(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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