Gold Prices Surge Again in India: Check Latest Rates in Bangalore, Chennai & Other Top Cities

Gold Prices in India: gold prices in India surged once again on Sunday. Over the past 10 days, gold rates in India have been fluctuating up and down. In major cities such as Chennai, Hyderabad, Bangalore, Mumbai, Delhi and Kolkata and other cities, the yellow metal prices surge today. The prices rebounded sharply today, climbing by Rs.5,000 per 100 grams, due to both domestic and global factors.

Gold Rate in India Today: Check Latest 22 Karat, 24 Karat and 18 Karat Gold Prices

Latest 22 Karat Gold Rate in India

As of today, the 22 karat gold price per gram in India is Rs 8,990, reflecting an increase of Rs 50 from yesterday's rate of Rs 8,940. For 8 grams, the price has risen to Rs 71,920, up by Rs 400 from Rs 71,520. The cost of 10 grams has gone up by Rs 500, now priced at Rs 89,900 compared to Rs 89,400 the previous day. For a bulk purchase of 100 grams, the price has jumped by Rs 5,000, reaching Rs 8,99,000, up from Rs 8,94,000 yesterday.

Latest 24 Karat Gold Rate in India

On Sunday, May 25, the 24 karat gold rate in India today surged by Rs. 550 per 10 grams to cost Rs. 98,080 per 10 grams. The price of 8 grams is now Rs 78,464, rising by Rs 440 from yesterday's rate of Rs 78,024. A larger quantity of 100 grams now costs Rs 9,80,800, reflecting a significant rise of Rs 5,500 compared to yesterday's price of Rs 9,75,300.

Latest 18 Karat Gold Rate in India

Similarly, the 18 karat gold rate today also spiked by Rs 410 per 10 grams, and it currently retails for Rs 73,560 per 10 grams. The price of 1 gram of 18 karat gold is now Rs 7,356, up Rs 41 from yesterday's rate of Rs 7,315. For 8 grams, gold is priced at Rs 58,848, reflecting a rise of Rs 328 from Rs 58,520. A 100-gram quantity now costs Rs 7,35,600, which is Rs 4,100 higher than yesterday's price of Rs 7,31,500.

Current Gold Prices in Top Cities on May 25 in India

In Chennai, the gold rate today for 1 gram of 24 karat gold is Rs 9,808, while 22 karat gold is priced at Rs 8,990, and 18 karat gold is at Rs 7,410.

In Mumbai, the price of 24 karat gold stands at Rs 9,808 per gram. The 22 karat rate is Rs 8,990, and the 18 karat gold rate is Rs 7,356.

In the capital city of Delhi, 1 gram of 24 karat gold is priced slightly higher at Rs 9,823, with 22 karat gold at Rs 9,005 and 18 karat gold at Rs 7,368.

Kolkata also reports a 24 karat gold rate of Rs 9,808 per gram, while 22 karat gold is at Rs 8,990, and 18 karat stands at Rs 7,356.

In Bangalore, gold prices match most metro cities, with 24 karat gold at Rs 9,808, 22 karat at Rs 8,990, and 18 karat at Rs 7,356 per gram.

Gold rates in Hyderabad remain consistent with Bangalore, with 24 karat gold at Rs 9,808, 22 karat at Rs 8,990, and 18 karat gold at Rs 7,356.

In Kerala, today's gold price is Rs 9,808 for 24 karat, Rs 8,990 for 22 karat, and Rs 7,356 for 18 karat gold per gram.

In Pune, 1 gram of 24 karat gold is priced at Rs 9,808, with 22 karat gold at Rs 8,990 and 18 karat gold at Rs 7,356.

Gold Price Outlook This Week: Expert's View

Colin Shah, Managing Director (MD) of Kama Jewellery, highlighted that Gold prices were unstable last week because the U.S. dollar lost value and there were increasing worries about the U.S. government's financial health. These factors influenced investor behavior in the gold market in the coming week.

"Moving forward to next week, the outlook for gold remains bullish with a possibility for a potential short-term correction. International Prices are expected to trade in the range of $3300-3400/Oz, supported by ongoing geopolitical tensions and an uncertain outlook over US fiscal policies, signalling economic instability in the biggest economy of the world," he said