Gold price today surged in India after yellow metal rates plunged sharply on May 12, 2025 amid value buying of yellow metal after prices touched a more than one-week low in the earlier session. 24K gold price today surged by Rs 160 to Rs 95,620/10 grams and 24k/100 grams yellow metal prices are retailing at Rs 9,56,200 after gain of Rs 1,600 on May 13, 2025. 22k gold rate today firmed by Rs 150 to Rs 87,650/10 grams and 22k/100 grams gold rate edged higher by Rs 1,500 to Rs 8,76,500 on Tuesday in the country. If you are planning to 18k gold today, you need to pay Rs 71,720/10 grams after rally of Rs 130 while 18k/100 grams gold rate stood at Rs 7,17,200 after surge of Rs 1,300.
Spot Gold Price Today
Spot gold rallied 0.6% at $3,254.39 an ounce, as of 0639 GMT. Yellow metal prices witnessed 2.7% fall in the earlier session. Spot silver zoomed 1.5% to $33.10 an ounce, platinum gained 1.2% to $987.85 and palladium rallied 0.6% at $950.95, Reuters reported.
How Much Gold Prices Declined Since May 1, 2025?
This month so far 22k gold price recorded a decline of 0.11%. 22K gold price on May 1, 2025 stood at Rs 87,750/10 grams and today prices have come down to Rs 87,650/10 grams, showing a marginal fall of 0.11%.
How Much Yellow Metal Rates Soared Since Jan 1, 2025 To May 13, 2025?
22k/10 grams gold rates were trading at Rs 71,500 on January 1, 2025. Today, gold prices surged to Rs 87,650/10 grams, indicating a jump of 22.59%.
22k Gold Price In Last 5-Days In India (for 1 gram)
22k per gram gold price today surged by Rs 15, plunged by Rs 165, stayed unchanged on May 11, rallied by Rs 30 on May 10, and fell by Rs 125 on May 9.
Why Gold Prices Jumped Today?
The Reuters report added, “There is some value-buying happening on gold at current levels which is helping to prop up the price, despite the generally better outlook for global growth with the US and China on better terms,” said KCM Trade Chief Market Analyst Tim Waterer.
“If the inflation data happened to produce a downside miss this could take some momentum away from the USD, which could see gold make forward progress,” Waterer added.
Gold Price Outlook
Citi indicated a sustained short-term consolidation in the $3,000 to $3,300 range and sought to downgrade the 0-to-3-month price target for the yellow metal to $3,150.
Silver Prices Today In India
Silver prices witnessed fall on May 13, 2025. 1 kg silver prices today declined by Rs 1,000 to Rs 97,900. Meanwhile, 100 grams silver rates are retailing at Rs 9,790 after fall of Rs 100 Tuesday.
Silver Prices In Last 5-Days In India (1kg)
Silver prices plunged by Rs 1000, fell by Rs 100 on May 12, stayed flat on May 11, May 10, and May 9.
Where Gold Prices Are Cheapest In The World On May 13, 2025?
22k per gram gold rates are lowest in England on May 13, 2025 at Rs 8,165 followed by Kuwait at Rs 8,286. Meanwhile, 22k per gram gold prices are highest in Nepal today at Rs 9,129 followed by Malaysia at Rs 8,676.
1 Gram Gold Rate In Key Metro Cities And States Of India On May 13, 2025
| City | 22K Gold Price Per Gram |
| Chennai Gold Price Today | 22K gold rate is Rs 8,765 |
| Mumbai Gold Price Today | 22K gold price is Rs 8,765 |
| Delhi Gold Rate Today | 22K yellow metal price is Rs 8,780 |
| Kolkata Gold Price Today | 22K gold price is Rs 8,765 |
| Bangalore Gold Price Today | 22K gold rate is Rs 8,765 |
| Hyderabad Gold Prices Today | 22K gold rate is Rs 8,765 |
| Kerala Gold Prices Today | 22K gold rate is Rs 8,765 |
| Gold Price In Lucknow Today | 22K gold price is Rs 8,780 |
| Patna Gold Rate Today | 22K precious metal price is Rs 8,770 |
(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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