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Gold Prices Flat In India, May 17: Check Latest Yellow Metal Prices In Key Cities

Gold Prices Flat In India, May 17: Check Latest Yellow Metal Prices In Key Cities

Gold price today remained steady in India after declining by 3.59% this week but the declining global risk concerns and strong dollar may continue to pressure yellow metal in the short term. 24k gold price today stood at Rs 95,130/10 grams and 24k/100 grams gold rate today are retailing at Rs 9,51,300 on Saturday. 22k gold rate today are trading at Rs 87,200/10 grams and 22k/100 grams yellow metal rates remained steady on May 17, 2025 at Rs 8,72,000. If you are planning to buy 18k gold today, you need to shell out Rs 71,350/10 grams and for 18k/100 grams gold, you will have to pay Rs 7,13,500.

24k, 22k, 18K Per Gram Gold Rates

24k per gram gold price held steady at Rs 9,513, 22k per gram yellow metal rates stood at Rs 8,720, and 18k per gram precious metal is trading at Rs 7,135 on Saturday.

Gold Prices Flat In India, May 17: Check Latest Yellow Metal Prices In Key Cities

Spot Gold Price Today

Spot gold declined 1.38% to $3,195.16 an ounce, and U.S. gold futures finished down 1.2%, according to Reuters.

How Much Gold Prices Jumped Since January 1, 2025 To May 17, 2025? 22k/10 grams gold prices stood at Rs 71,500 on January 1, 2025. Today, gold prices stood at Rs 87,200/10 grams for 22k, which indicates a jump of 21.96% from Jan 1 to May 17, 2025.

Meanwhile, this week gold prices declined 3.59% so far. 22k gold prices stood at Rs 90,450 per 10 grams on May 11, 2025. Today gold prices stood at Rs 87,200/10 grams which shows gold slipped 3.59% this week. On the other hand, yellow metal was trading at Rs 87,750/10 grams on May 1, 2025 and it shows that precious metal fell 0.63% since May 1 to May 17, 2025.

22k Gold Price In Last 5-Days In India (for 1 gram)

22k per gram gold price today held steady, surged by Rs 110, plunged by Rs 195 on May 15, fell by Rs 50 on May 14, and zoomed by Rs 105 on May 13.

Gold Price Outlook

According to Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities, “Gold prices remained volatile, hovering near $3,200 on Comex and ₹92,700 on the MCX, as markets reacted to potential trade agreements between the U.S. and key partners like the UK and China. The absence of a dovish signal from the U.S. Federal Reserve, with no immediate interest rate cut, further limited buying momentum in bullion.” Technical indicators suggest continued weakness as long as prices remain below ₹94,000 on MCX and $3,240 on Comex. The easing of global risk concerns and a firm dollar may continue to pressure gold in the short term.

Silver Prices Today In India

Silver prices stood flat in India on May 17 also. 1 kg silver rate on Saturday stood at Rs 97,000. Meanwhile, 100 grams silver rates are trading at Rs 9,700.

Silver Prices In Last 5-Days In India (1kg)

Silver prices remained steady on May 17, May 16, declined by Rs 900 on May 15, remained unchanged on May 14, and plunged by Rs 1000 on May 13.

Where Gold Prices Are Cheapest In The World On May 17, 2025?

22k per gram gold rates are cheapest in England on May 17, 2025 at Rs 8,094 followed by Kuwait at Rs 8,199. Meanwhile, 22k per gram gold rate are highest in Singapore at Rs 8,683.

1 Gram Gold Rate In Key Metro Cities And States Of India On May 17, 2025

City 22K Gold Price Per Gram
Chennai Gold Price Today 22K gold rate is Rs 8,720
Mumbai Gold Price Today 22K gold price is Rs 8,720
Delhi Gold Rate Today 22K yellow metal price is Rs 8,735
Kolkata Gold Price Today 22K gold price is Rs 8,720
Bangalore Gold Price Today 22K gold rate is Rs 8,720
Hyderabad Gold Prices Today 22K gold rate is Rs 8,720
Kerala Gold Prices Today 22K gold rate is Rs 8,720
Gold Price In Lucknow Today 22K gold price is Rs 8,735
Patna Gold Rate Today 22K precious metal price is Rs 8,725

(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.

Recommended: Gold Price India, May 16: 24k/100 Grams Gold Rises By Rs 12K After Falling By 3.59%

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