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Gold Rate in India Rebounds Strongly By 24,000 Today; Check 22K, 24K, 18K Gold & Silver Prices in Top Cities

Gold prices in India have been rising steadily over the past few days. After a dip yesterday, gold rates rebounded sharply on May 21, 2025. The price of 22 Karat gold jumped from Rs 8,710 to Rs 8,930 per gram on Wednesday. Similarly, 24 Karat gold rose from Rs 9,502 to Rs 9,742 per gram. This marks a gain of Rs 220 and Rs 240 per gram respectively in a single day. The strong surge follows a slight decline on May 20, when gold had dropped by Rs 45 to Rs 49 per gram.

Gold Rate in India Today: Check Latest 22 Karat, 24 Karat, and 18 Karat Gold Prices on May 21

22 Karat Gold Rate in India Today

The price of 22 Karat gold in India rose by Rs 220 per gram, bringing the rate to Rs 8,930 from Rs 8,710 on May 20. For bulk purchases, 8 grams of 22K gold are now priced at Rs 71,440, while 10 grams are priced at Rs 89,300. The price for 100 grams stands at Rs 8,93,000, reflecting a day-on-day increase of Rs 22,000.

Gold Price in India Rebounds Strongly After Sharp Drop of Rs 4,900 on May 21

24 Karat Gold Rate in India Today

On Wednesday, the price of 24 karat gold, which is the purest form of gold, jumped by Rs 240 per gram, pushing today's rate to Rs 9,742 from Rs 9,502 the previous day. The price for 8 grams of 24-karat gold stands at Rs 77,936, up by Rs 1,920. For 10 grams, the rate is Rs 97,420, reflecting an increase of Rs 2,400. The price for 100 grams has reached Rs 9,74,200, marking a gain of Rs 24,000.

18 Karat Gold Rate in India Today

18 Karat gold also witnessed a notable rise in prices, with an increase of Rs 180 per gram on Wednesday. The current rate is Rs 7,307 per gram, compared to Rs 7,127 on Tuesday. The price for 10 grams of 18K gold has reached Rs 73,070, while 100 grams are being sold at Rs 7,30,700, both reflecting substantial gains of Rs 1,800 and Rs 18,000 respectively.

Gold Prices in Top Cities of India

Gold prices across major Indian cities remained steady today, with slight variations between cities for different carat categories. In Chennai, the price for 22-karat gold is Rs 8,930, while 24-karat gold stands at Rs 9,742, and 18-karat gold is priced at Rs 7,360.

In Mumbai, gold prices are similar to Chennai rates, with 22-karat gold at Rs 8,930, 24-karat at Rs 9,742, and 18-karat at Rs 7,307.

Meanwhile, in Delhi, the price for 22-karat gold is slightly higher at Rs 8,945, and 24-karat gold is priced at Rs 9,757, while 18-karat gold costs Rs 7,319.

In Kolkata, the rates are similar to Mumbai and Chennai, with 22-karat gold at Rs 8,930, 24-karat at Rs 9,742, and 18-karat at Rs 7,307.

In Bangalore, Hyderabad, Kerala, Pune, and Vadodara, the prices for 22-karat and 24-karat gold remain at Rs 8,930 and Rs 9,742, respectively, with 18-karat gold priced at Rs 7,307 across these cities.

However, Vadodara and Ahmedabad report slightly higher prices for 22-karat and 24-karat gold, with rates of Rs 8,935 and Rs 9,747, while 18-karat gold is priced at Rs 7,311.

In the pink city, Jaipur, the rates for 22-karat gold are Rs 8,945, and 24-karat gold stands at Rs 9,757, while 18-karat gold is priced at Rs 7,319, aligning with Delhi's gold prices.

Silver Rate in India Today

Along with the yellow metal, silver prices also saw a rise today in India. The price of silver per gram increased by Rs 3, reaching Rs 100 from Rs 97 yesterday. For bulk purchases, 8 grams of silver are now priced at Rs 800, up by Rs 24. The price for 10 grams of silver has risen to Rs 1,000, reflecting an increase of Rs 30. For 100 grams, silver is priced at Rs 10,000, marking a rise of Rs 300.

Gold Price Outlook This Week: Gold and Silver Rates Expected to Remain Volatile

Gold and silver prices are expected to remain volatile this week due to fluctuations in the dollar index and Russia-Ukraine deal. "We expect gold and silver prices to remain volatile this week amid volatility in the dollar index and Russia-Ukraine peace deal hopes; gold prices could hold their support level of $3,120 per troy ounce and silver prices could also hold $31.40 per troy ounce levels," said Manoj Kumar Jain of Prithvifinmart Commodity Research.

"The Russia-Ukraine peace deal hopes amid the U.S. President's efforts to finalise the ceasefire deal between both nations could limit gains of gold and silver," said the expert.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.

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