Gold Price: After falling continuously, the prices of gold and silver are being seen again. Due to uncertainty about America’s economy and dollar weakness, investors worldwide are seeing gold and silver as “safe investment”. This is the reason that in the last few weeks, the prices of both metals are being seen continuously.

How to increase gold prices due to America?

The rise in gold prices is directly related to the status of US economy and dollar (USD). Indeed, when the US economy is weak or there is a risk of recession, investors withdraw money from the stock market and other risky investments and put in safe options like gold and silver. This time too, investors are running towards gold due to slowing down US GDP growth, increasing unemployment and interest rates.

In addition, gold prices are fixed in dollars (USD) in the international market. When the US dollar is weak, it becomes cheaper to buy gold for other countries, which increases the demand and rises prices. In the last few days, there has been a decline in the dollar index, which has made gold and more expensive.

Gold climbed 30 percent in a year

If seen from the investment perspective, then gold has given about 30 percent returns in the last one year. Talking about a long time, from the year 2001, gold has given an average of 15 percent CAGR returns. Since 1995, gold has been giving 2-4 percent more returns every year than inflation.

Talking about silver, it has also benefited a lot to investors. Akshaya Tritiya has increased by 15.62 percent between 2024 and 2025. Especially in 2021, silver recorded a tremendous jump of 69.04 percent. Since 2020, an average silver has been 20 percent of CAGR growth.

Gold reached 1 lakh before Akshaya Tritiya

Gold prices made a new record just before the traditional festival like Akshaya Tritiya. The price of 24 carat gold reached around 1 lakh per 10 grams in some cities. It is clear from this that the demand for gold increases rapidly during festivals and economic uncertainty.

What is the rate of gold today

According to MCX and IBA data, gold on MCX on the morning of 24 May was 96,400 per 10 grams and silver 97,935 per kg. According to IBA, 24 carat gold was recorded at 96,850 per 10 grams and 22 carat gold 88,779 per 10 grams. At the same time, silver (999 fine) was 98,230 per kg today.

Talks to take care while buying gold

Keep in mind that these rates are from the bullion market and for retail customers, making the making charge, tax and GST can also be added to them. That is, if you go to buy jewel in the market, then you may take this price to some extent.

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On Monday, May 12, 2025 on the Multi Commodity Exchange (MCX), there was a huge decline in gold prices. The price of gold futures for June futures fell 3,930 i.e. 4 percent to 92,588 per 10 grams. Gold reached a low of 92,389 during the trading. Earlier, its closed price on Friday was Rs 96,518 per 10 grams.

Why such a big decline came in gold

The major reason behind this decline is to reduce global stress. There has been an agreement to provide relief in commercial tariffs between the US and China and the tendency to take risks among investors after the announcement of ceasefire between India and Pakistan has increased. This has reduced the demand for safe investment options like gold.

Dollar strength and global peace

In fact, the dollar index went above $ 101.50 with the declaration of temporary relief by the US-China in mutual tariff. At the same time, reports of the tension between Russia-Ukraine and India and Pakistan were reduced to profit booking.

Silver prices also fall

Along with gold, silver prices also recorded a steep decline. Silver futures on MCX fell by Rs 2,190, or 2.26 per cent, to Rs 94,539 per kg, while the previous closed price was Rs 96,729.

What will happen next?

Experts believe that now gold prices may face resistance within the range of Rs 94,000 to 95,000. If the global risk century remains stable, then gold can also fall up to Rs 90,000. In such a situation, investors are being advised to be cautious about investment in gold and keep an eye on market activities.

Disclaimer: (Information provided here is being given only for information. It is necessary to tell here that the investment market is subject to risks. Always consult expert before investing as an investor. Never is advised to invest money from Abplive.com.

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The direct effect of American tariffs seems to be on markets. After the huge bounce seen in the price of gold one day, the start of gold on Wednesday also saw a rise in the price. At the same time, the initial bounce is also seen in silver. Gold futures prices were trading near Rs 91,200 per gram, while silver prices were trading around Rs 99,900. In the international market, there is a boom in the futures of gold and silver. Gold on COMEX is open at $ 3,147.50 an ounce.

Whereas, according to data at 9:30 in the morning on Wednesday, 24 carat gold is being sold 89 thousand 340 per 10 grams. Whereas, the price of silver is being sold 1,00,160 per kg. Now let us know at what rate gold is being sold in your city:-

Delhi-
Gold- 89,030/ per 10 grams
Silver- 99,830/ per kg

Mumbai-
Gold- 89,180/ per 10 grams
Silver- 1,00,000/per kg

Hyderabad
Gold- 89,320/per 10 grams
Silver- 1,00,180/ per kg

Chennai
Gold- 89,440 per 10 grams
Silver- 1,00,320 per kg

Kolkata
Gold- 89,060 per 10 grams
Silver- 99,890 per kg

Bengaluru
Gold- 89,250 per 10 grams
Silver- 1,00,100 per kg

Significantly, on Kishukarwar, gold with 99.9 percent purity closed at Rs 92,150 per 10 grams. Analysts said that due to the strong demand for alternative investment amidst the decline in stock markets, the business signal was strong due to the rise in gold in foreign markets. Gold of 99.5 percent purity with firm on the fourth consecutive day also rose by Rs 2,000 to Rs 93,700 per 10 grams, which remained its all -time high so far.

Earlier, the price of gold closed at Rs 91,700 per 10 grams. The highest jump in the price of gold was recorded on February 10, when it rose by Rs 2,400 per 10 grams. So far this year, the price of gold has increased from Rs 79,390 per 10 grams to Rs 14,760 or 18.6 percent in January 1.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)