gold prices surge up to e282b92730 silver sees minor dip in indian markets

Gold Prices Surge Up to ₹2,730, Silver Sees Minor Dip in Indian Markets

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New Delhi, May 6 Gold prices in the Indian bullion market witnessed a sharp surge of up to ₹2,730 per 10 grams today, reflecting strong demand and international trends. In contrast, silver prices recorded a marginal decline, trading slightly lower in key domestic markets.

According to industry sources, 24-carat gold is currently being traded between ₹98,460 and ₹98,610 per 10 grams, while 22-carat gold is priced between ₹90,250 and ₹90,400 per 10 grams across major cities. The price jump marks one of the steepest single-day hikes in recent months.

Gold Prices

📈 Gold Rates Today in Major Cities (Per 10 Grams)

City 24-Carat Gold 22-Carat Gold
Delhi ₹98,610 ₹90,400
Mumbai ₹98,460 ₹90,250
Ahmedabad ₹98,510 ₹90,300
Chennai ₹98,460 ₹90,250
Kolkata ₹98,460 ₹90,250
Lucknow ₹98,610 ₹90,400
Patna ₹98,510 ₹90,300
Jaipur ₹98,610 ₹90,400
Bengaluru ₹98,460 ₹90,250
Hyderabad ₹98,460 ₹90,250
Bhubaneswar ₹98,460 ₹90,250

🔻 Silver Prices See Mild Correction

Silver prices witnessed a minor drop today. In Delhi’s bullion market, silver was trading at ₹96,900 per kilogram, down slightly from the previous session. The correction is attributed to profit booking by investors and subdued industrial demand.

💬 Market Sentiment and Outlook

Experts believe that global cues, including safe-haven buying amid geopolitical uncertainty and currency fluctuations, have contributed to the spike in gold prices. The sustained upward trend indicates continued investor interest in precious metals as a hedge against inflation and market volatility.

📌 Key Takeaways

  • Gold price surged by up to ₹2,730 per 10 grams

  • 24-carat gold now trading near ₹98,610 in major cities

  • 22-carat gold averaging ₹90,250 ₹90,400 per 10 grams

  • Silver slipped slightly to ₹96,900 per kg in Delhi

  • Strong demand and safe-haven buying drive price surge

Author Profile

Ganpat Singh Chouhan
Ganpat Singh Chouhan
My name is Ganpat Singh Choughan. I am an experienced content writer with 7 years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.