Overview
- Gold prices in India have dropped significantly, with 24-carat gold priced at ₹9,502 per gram, 22-carat at ₹8,710 per gram, and 18-carat at ₹7,127 per gram as of May 20, 2025.
- This decline follows a ₹4,900 per 100 grams drop for 24-carat gold and ₹4,500 per 100 grams for 22-carat gold compared to earlier rates.
- Easing US-China trade tensions and improved global economic sentiment have reduced safe-haven demand for gold, driving prices lower.
- Regional variations persist, with 22-carat gold priced at ₹8,725 per gram in Delhi and ₹8,710 per gram in most other major cities, including Mumbai, Bangalore, and Hyderabad.
- Silver prices in Andhra Pradesh and Telangana stand at ₹108,000 per kilogram, reflecting stability despite the drop in gold rates.