By Admin 
- Fluctuations in gold prices due to global uncertainties.
Gold-Silver Price Today: Today, on Saturday, May 2, not much change has been seen in the prices of gold in the retail market of India. The prices of 24 carat and 22 carat gold remained almost stable in major cities of the country. The Multi Commodity Exchange of India (MCX) remains closed on weekends, so live trading data was not available. As per previous closing levels, gold still remains above Rs 1.5 lakh per 10 grams, although it has seen a slight softening in the last few sessions.
Know the latest rates of gold and silver
- 24 carat gold – Rs 151,810 per 10 grams
- 22 carat gold – Rs 139,159 per 10 grams
- Silver (999 fine) – Rs 251,170 per 1 kg
Also read – Petrol-Diesel Price: Alarm bells have rung! Petrol and diesel prices may increase in the next 5-7 days, the increase will be this much
Know the rates of your city (May 2)
gold prices in mumbai
- 24-carat gold rate – ₹151,530/10 grams.
- 22-carat gold rate -₹138,903/10 grams.
- 999 fine silver rate – ₹250,720/1 kg.
Gold prices in New Delhi
- 24-carat gold rate – ₹151,270/10 grams.
- 22-carat gold rate -₹138,664/10 grams.
- 999 fine silver rate – ₹250,290/1 kg.
gold price in ahmedabad
- Rate of 24 carat gold – ₹151,730/10 grams.
- Rate of 22 carat gold- ₹ 139,086/10 grams.
- Rate of 999 fine silver – ₹251,050/1 kg.
gold price in bengaluru
- Rate of 24 carat gold – ₹151,650/10 grams.
- Rate of 22 carat gold – ₹139,013/10 grams.
- Rate of 999 fine silver – ₹250,920/1 kg.
gold price in kolkata
- 24 carat gold rate – ₹151,330/10 grams.
- Rate of 22 carat gold – ₹138,719/10 grams.
- Rate of 999 fine silver – ₹250,390/1 kg.
gold price in hyderabad
- Rate of 24 carat gold – ₹151,770/10 grams.
- 22 carat gold rate – ₹139,123/10 grams.
- Rate of 999 fine silver – ₹251,120/1 kg.
gold price in chennai
- 24 carat gold rate – ₹151,970/10 grams.
- Rate of 22 carat gold – ₹139,306/10 grams.
- Rate of 999 fine silver – ₹251,450/1 kg.
Why did the global market fall?
There has been a decline in gold prices in the international markets, because there is economic uncertainty due to increasing tension in the Middle East. Due to this, expectations of reduction in interest rates have also reduced. Experts believe that if interest rates remain high for a long time, there may be pressure on investments without returns like gold and silver. Due to the ongoing geopolitical tension and economic conditions in the last few months, gold prices have seen continuous fluctuations.