By Admin 
Gold-Silver Rate Today on May 6: Today there is a slight increase in the price of gold in the country. The prices have increased from 24 to 22 and 18 carats. Today the price of 24 carat gold per gram is Rs 15,131, which is Rs 213 more than yesterday.
At the same time, the price of 22 carat has increased by Rs 195 to Rs 13,870 per gram today. Similarly, the price of 18 carat gold today is Rs 11,348 per gram, which is Rs 159 more than yesterday.
Why did the price of gold increase?
Weakness in US dollar- There has been a weakness in the US dollar in the global market today, which has fallen below the level of 98. The weakening of the dollar makes it cheaper for international buyers to buy gold, which increases both its price and demand.
Demand for safe investment- The news of progress in peace talks between America and Iran has undoubtedly brought relief to investors to some extent, but geopolitical uncertainty has still not ended. To avoid risk, investors are withdrawing their money from the stock market and investing it in safe haven assets.
Fear of inflation- There is still concern about inflation in the global economy. Since gold has historically been considered an excellent hedge against inflation, there has been a surge in its purchases.
Demand in domestic market- In this wedding season, the demand for gold has increased in the retail markets. Prices have increased due to increasing local demand.
Check latest rate
| City | 24 carat price (per 10 grams) | 22 carat price (per 10 grams) |
| Delhi | Rs 15,144 | Rs 13,885 |
| Mumbai | Rs 15,131 | Rs 13,870 |
| Kolkata | Rs 15,131 | Rs 13,870 |
| Chennai | Rs 15,328 | Rs 14,050 |
| Bengaluru | Rs 15,131 | Rs 13,870 |
| Jaipur | Rs 15,144 | Rs 13,885 |
| Lucknow | Rs 15,144 | Rs 13,885 |
| Patna | Rs 15,134 | Rs 13,875 |
| Nagpur | Rs 15,131 | Rs 13,870 |
What is the price of silver today?
Today the price of silver in India is Rs 265 per gram and Rs 2,65,000 per kg, which is Rs 10 and Rs 10,000 more respectively than yesterday. Today the price of gold in metros like Mumbai, Delhi, Kolkata is Rs 2,65,000 per kg.
The price of silver in India is determined by international prices, which can change in any direction. Apart from this, it also depends on the movement of rupee against dollar. If the rupee falls against the dollar and international prices remain stable, then silver will become expensive. m
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