Gold Rate Today: On Monday morning, gold prices fell in the domestic market. Donald Trump has granted some relief on European Union tariffs until July 9, which has caused a slight drop in gold prices. Both gold and silver remain preferred safe-haven investments for investors looking to protect their portfolios against market volatility.
Gold Prices Expected to Rise in the Coming Months
Jigar Trivedi, Senior Research Analyst at Reliance Securities, believes that gold prices may see an upward trend in the coming months. In the near future, attention will focus on the U.S. economy, first-quarter GDP, and consumer confidence data.
Pressure Also Seen in the International Market
Trump’s tariff relief for the EU has also pushed gold prices below a two-week high in the international market. According to a Reuters report, “Trump extended the deadline for trade deal talks with the EU until July 9, as the head of the EU executive body requested more time for a better agreement.”
Overall, gold prices have risen by 30% year-on-year, delivering a 15% CAGR return on investment since 2001. Data shows that since 1995, India’s inflation has been kept well below 2-4%.
Regarding silver, Colin Shah, Managing Director of Kama Jewellery, believes prices may remain relatively stable unless there is a major economic development. This year, silver has proven to be a steadier bet compared to gold.
Gold and Silver Prices in India Today: May 26
According to the official website, the MCX Gold Index fell by ₹496 per 10 grams on May 26, closing at ₹95,925 per 10 grams. Meanwhile, silver prices on the MCX dropped by ₹102 per kilogram, settling at ₹97,952 per kilogram.
Per the Indian Bullion Association (IBA) data on May 26, 24-carat gold was priced at ₹96,390 per 10 grams, and 22-carat gold at ₹88,358 per 10 grams. According to the IBA website, silver was priced at ₹98,200 per kilogram.
Gold and Silver Rates in Delhi – May 26
- Gold bullion rate in New Delhi: ₹96,050 per 10 grams.
- MCX gold rate: ₹95,295 per 10 grams.
- Silver bullion rate in New Delhi: ₹97,850 per kilogram.
- Silver selling price in Delhi: ₹97,952 per kilogram at ₹999 per kilogram purity.
Gold and Silver Rates in Mumbai – May 26
- Gold bullion rate in Mumbai: ₹96,180 per 10 grams.
- MCX gold rate: ₹95,295 per 10 grams.
- Silver bullion rate in Mumbai: ₹98,040 per kilogram.
- Silver price in Mumbai: ₹97,952 per kilogram at ₹999 per kilogram purity.
Gold and Silver Rates in Chennai – May 26
- Gold bullion rate in Chennai: ₹96,460 per 10 grams.
- MCX gold rate: ₹95,295 per 10 grams.
- Silver bullion rate in Chennai: ₹98,330 per kilogram.
- Silver price in Chennai: ₹999 per kilogram.
Gold and Silver Rates in Bengaluru – May 26
- Gold bullion rate in Bengaluru: ₹96,280 per 10 grams.
- MCX gold rate: ₹95,295 per 10 grams.
- Silver retail rate in Bengaluru: ₹98,130 per kilogram.
- Silver purity price in Bengaluru: ₹999 per kilogram.
Gold and Silver Rates in Hyderabad – May 26
- Gold bullion rate in Hyderabad: ₹96,350 per 10 grams.
- MCX gold rate: ₹95,295 per 10 grams.
- Silver retail rate in Hyderabad: ₹98,210 per kilogram.
- Silver selling price in Hyderabad: ₹97,952 per kilogram at ₹999 per kilogram purity.
Gold and Silver Rates in Kolkata – May 26
- Gold bullion rate in Kolkata: ₹96,070 per 10 grams.
- MCX gold rate: ₹96,400 per 10 grams.
- Silver bullion rate in Kolkata: ₹97,930 per kilogram.
- Silver price in Kolkata: selling at ₹999 per kilogram purity.
Disclaimer: This article is just for information. It should not be treated as investment advice in any way. Investing in the stock market is based on risk. Be sure to consult your financial advisor before investing in the stock market.
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