Gold price today witnessed surge for 3rd day in a row in India as Investors awaited Federal Reserve’s policy outcome scheduled to be announced later today. 24k gold price today added Rs 540 to Rs 99,000/10 grams and 24k/100 grams precious metal rates surged to Rs 9,90,000 after surge of Rs 5,400 on May 7, 2025. 22k gold rate today zoomed by Rs 500 to settle at Rs 90,750/10 grams and 22k/100 grams yellow metal prices rose by Rs 5,000 to Rs 9,07,500 on Wednesday in the country. It is worth mentioning that prices of 22k/10 grams gold gained 3.42% in May only.
Meanwhile, 18k gold price today rallied by Rs 410 to retail at Rs 74,250/10 grams and 18k/100 grams precious metal rates surged by Rs 4,100 to Rs 7,42,500. 24k per gram gold edged higher by Rs 54 to Rs 9,900, 22k per gram precious metal rate zoomed by Rs 50 to settle at Rs 9075, and 18k per gram gold soared by Rs 41 to Rs 7,425.
How Much Gold Prices Gained Since January 1, 2025 To May 7, 2025?
22k/10 grams gold stood at Rs 71,500 on January 1, 2025. Today, 22k/10 grams yellow metal prices rallied to Rs 90,750/10 grams, indicating a jump of 26.92% since Jan 1, 2025.
Spot Gold Price Today
Spot gold slipped approximately 1.3% at $3,383.88 an ounce, as of 0432 GMT. U.S. gold futures plunged nearly 1% to $3,391.80. Spot silver fell 0.7% to $33.01 an ounce, platinum declined 0.1% to $983.60 and palladium fell 0.7% to $967.64, according to the Reuters report.
22k Gold Price In Last 5-Days In India (for 1 gram)
22k per gram gold price today surged by Rs 50, rose by Rs 250, gained Rs 20 on May 5, remained unchanged on May 4, and May 3.
The Reuters report added, the market’s focus will also be on the Federal Open Market Committee (FOMC) meeting later in the day, where the U.S. central bank is expected to hold interest rates steady. Traders are expecting rate cuts of 80 basis points this year, starting in July.
Silver Prices Today In India
Silver prices registered rally in the country on May 7, 2025. 1 kg silver price today edged higher by Rs 2100 to Rs 99,000. On the other hand, 100 grams silver prices rose by Rs 210 to Rs 9,900.
Silver Prices In Last 5-Days In India (1kg)
Silver prices today jumped by Rs 2,100, plunged by Rs 100, declined by Rs 1000 on May 5, stayed unchanged on May 4, and May 3.
Where Gold Prices Are Cheapest In The World On May 07, 2025?
22k per gram yellow metal rates stood cheapest in England on May 07, 2025 at Rs 8,468 followed by Kuwait at Rs 8,587. Meanwhile, 22k per gram gold stood highest in Nepal today at Rs 9,449 followed by Singapore at Rs 8,984.
1 Gram Gold Rate In Key Metro Cities And States Of India On May 7, 2025
| City | 22k Gold Price Per Gram |
| Chennai Gold Price Today | 22K gold rate is Rs 9,075 |
| Mumbai Gold Price Today | 22K gold price is Rs 9,075 |
| Delhi Gold Rate Today | 22K yellow metal price is Rs 9,090 |
| Kolkata Gold Price Today | 22K gold price is Rs 9,075 |
| Bangalore Gold Price Today | 22K gold rate is Rs 9,075 |
| Hyderabad Gold Prices Today | 22K gold rate is Rs 9,075 |
| Kerala Gold Prices Today | 22K gold rate is Rs 9,075 |
| Gold Price In Lucknow Today | 22K gold price is Rs 9,090 |
| Patna Gold Rate Today | 22K precious metal price is Rs 9,080 |
(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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