Rs 21,300 Plunge in 24K/100 Gold Price in India: Check Today's 22K, 24K, 18K Gold Rate in India & Top Cities

Gold Rate Today: For the consecutive two days, retail gold prices in India saw a noticeable decline, with a bigger fall on May 15. On Thursday, the price of 22 karat gold fell to Rs 8,610 per gram, registering a sharp drop of Rs 195 from the previous day. Similarly, 24 karat gold is priced at Rs 9,393 per gram, down by Rs 213. This followed a relatively smaller decrease on May 14, when 22 karat gold slipped by Rs 50 and 24 karat gold by Rs 54. Check today's gold prices across the cities in India below:

22 Karat Gold Price in India

On May 15, 2025, the price of 22 Karat gold in India has seen a noticeable decline compared to the previous day. The rate for 1 gram stands at Rs 8,610, which is Rs 195 lower than yesterday's price of Rs 8,805. Similarly, prices for 8 grams of 22 Karat gold is now Rs 68,880, down by Rs 1,560 from Wednesday price Rs 70,440. For 10 grams, the price has fallen to Rs 86,100 from Rs 88,050, a decrease of Rs 1,950. The biggest change is seen in the 100-gram rate, which now stands at Rs 8,61,000, down by Rs 19,500 from yesterday's Rs 8,80,500.

24 Karat Gold Price in India

The price of 24 Karat gold in India has experienced a significant decline On May 15, 2025 compared to the previous day. The price for 1 gram is now Rs 9,393, marking a drop of Rs 213 from yesterday's rate of Rs 9,606. The price for 8 grams on Thursday is Rs 75,144, which is Rs 1,704 lower than Rs 76,848 on Wednesday. The cost for 10 grams stands at Rs 93,930, down by Rs 2,130 from previous trading day rate Rs 96,060. The 100-gram of 24 Karat rate has fallen the most, now priced at Rs 9,39,300, which is Rs 21,300 less than the previous day's price of Rs 9,60,600.

18 Karat Gold Price in India

On Thursday, the cost of 1 gram of 18 Karat gold is now Rs 7,045, marking a decrease of Rs 159 from yesterday's price of Rs 7,204. Larger quantities followed a similar trend, with the price for 8 grams dropping to Rs 56,360, a reduction of Rs 1,272 from the previous day's Rs 57,632. For 10 grams of 18K, the price has decreased to Rs 70,450, reflecting a drop of Rs 1,590 from Rs 72,040 on May 14. The 100-gram gold price has also fallen sharply, now standing at Rs 7,04,500, a decrease of Rs 15,900 from Rs 7,20,400 the day before.

Retail Gold Price Trends: Get Expert's View

The retail gold prices in India witnessed a notable decline over two consecutive days in May 2025. On May 14, the price of 22 karat gold stood at Rs 8,805 per gram, registering a modest decrease of Rs 50 from the previous day. Similarly, the price of 24 karat gold fell by Rs 54, settling at Rs 9,606 per gram. However, the decline became more pronounced on May 15. On Thursday, the price of 22 karat gold dropped significantly by Rs 195 to Rs 8,610 per gram, while 24 karat gold saw a steeper fall of Rs 213, bringing the rate down to Rs 9,393 per gram. This downward trend in gold prices could be attributed to a combination of factors such as a decline in international gold rates, fluctuations in the rupee-dollar exchange rate, or reduced domestic demand. The sharp fall over these two days suggests a temporary market correction or broader economic influences impacting the gold market.

"Gold prices fell as bullion's safe-haven appeal took a hit from easing U.S.-China trade tensions, while a softer-than-expected U.S. inflation reading further exerted downward pressure. Cooling consumer prices diminish demand for traditional safe-haven assets like gold, which are often used to preserve value during high inflation," said Anuj Gupta from HDFC Securities.

Expert Anuj Gupta at HDFC Securities, suggests that gold prices have fallen due to easing trade tensions and lower-than-expected U.S. inflation, reducing demand for gold as a safe-haven asset. He also provided his Positional Technical Pick: "Sell Gold Jun Fut at 92,500, Target 90,950, Stop Loss 93,650."

Here are the gold rates for today (1 gram) across major cities in India:

Gold Rate Chennai Today: In Chennai, the price of 22 Karat gold is Rs 8,610, 24 Karat gold is Rs 9,393, and 18 Karat gold stands at Rs 7,095.

Gold Rate Mumbai Today: In the financial capital of India, 22 Karat gold is priced at Rs 8,610, 24 Karat gold at Rs 9,393, and 18 Karat gold at Rs 7,045.

Gold Rate in Delhi Today: In the national capital of India, 22 Karat gold costs Rs 8,625, 24 Karat gold is Rs 9,408, and 18 Karat gold is Rs 7,057.

Gold Rate in Kolkata Today: The price for 22 Karat gold is Rs 8,610, 24 Karat gold is Rs 9,393, and 18 Karat gold is Rs 7,045 in the city of joy, Kolkata.

Gold Price in Bangalore Today: On May 15, Bengaluru witnesses 22 Karat gold rate at Rs 8,610, 24 Karat gold at Rs 9,393, and 18 Karat gold at Rs 7,045.

Gold Price Today Hyderabad: In the city of Pearls, the price of yellow metal is available at Rs 8,610 for 22 Karat, 24 Karat gold at Rs 9,393, and 18 Karat gold at Rs 7,045.

Gold Price in Kerala Today: 22 Karat gold stands at Rs 8,610 in the southern State, Kerala. Meanwhile 24 Karat gold is Rs 9,393, and 18 Karat gold is Rs 7,045.

Gold Rate Today in Pune: The price of 22 Karat gold is Rs 8,610, 24 Karat gold is Rs 9,393, and 18 Karat gold is Rs 7,045 in Pune.

Gold Rate in Gujarat Today: In Vadodara, 22 Karat gold is priced at Rs 8,615, 24 Karat gold at Rs 9,398, and 18 Karat gold at Rs 7,049. Meanwhile in Ahmedabad, the price for 22 Karat gold is Rs 8,615, 24 Karat gold is Rs 9,398, and 18 Karat gold is Rs 7,049.

Disclaimer:
The recommendations made above are by market analysts and are not advised by either the author, nor GoodReturns. The author, nor the brokerage firm nor GoodReturns 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.