SOURCE : NEW18 NEWS
Last Updated:May 18, 2025, 09:17 IST
Recently, gold prices hit the Rs 1 lakh mark after increasing for the past few weeks amid global economic uncertainties and US recession fears.
Gold Price Today, May 18: Check latest prices of yellow metal.
Gold Price Today In India, May 18: Gold prices on Wednesday remained flat following a sharp decline in rates in the past week. In Mumbai, the price of gold stood at Rs 87,200 per 10 grams for 22-carat and Rs 95,130 per 10 grams for 24-carat.
Recently, gold prices hit the Rs 1 lakh mark after increasing for the past few weeks amid global economic uncertainties and US recession fears.
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Known for its unmatched purity, 24-carat gold continues to attract buyers seeking premium quality. Meanwhile, 22-carat gold, prized for its durability and timeless charm, remains a favourite among jewellery enthusiasts and investors alike, striking a balance between elegance and practicality.
Here’s a detailed breakdown of gold prices across key cities (May 18, 2025):
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 87,350 | Rs 95,280 |
| Jaipur | Rs 87,350 | Rs 95,280 |
| Ahmedabad | Rs 87,250 | Rs 95,180 |
| Patna | Rs 87,250 | Rs 95,180 |
| Mumbai | Rs 87,200 | Rs 95,130 |
| Hyderabad | Rs 87,200 | Rs 95,130 |
| Chennai | Rs 87,200 | Rs 95,130 |
| Bengaluru | Rs 87,200 | Rs 95,130 |
| Kolkata | Rs 87,200 | Rs 95,130 |
Silver Price In India Today (May 18, 2025)
The price of silver saw the flat movement to trade at Rs 97,100 per kg in Mumbai, according to goodreturns.in.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
- First Published:
May 18, 2025, 09:17 IST
