Gold Price Today: Rates Drop in 10 Major Cities — A Good Time to Invest

Gold Price Today: Rates Drop in 10 Major Cities — A Good Time to Invest

May 1, 2025 – Gold prices have declined across several major Indian cities today, offering potential buyers and investors an opportunity to purchase at lower rates. Both 22-carat and 24-carat gold have seen a dip in value.

Gold Rates (per 10 grams):

• Delhi: 22K – ₹89,890 | 24K – ₹98,030

• Mumbai: 22K – ₹89,740 | 24K – ₹97,900

• Chennai: 22K – ₹89,740 | 24K – ₹97,900

• Kolkata: 22K – ₹89,740 | 24K – ₹97,900

• Lucknow: 22K – ₹89,890 | 24K – ₹98,030

• Chandigarh: 22K – ₹89,890 | 24K – ₹98,030

• Patna: 22K – ₹89,790 | 24K – ₹97,950

• Indore: 22K – ₹89,790 | 24K – ₹97,950

• Ahmedabad: 22K – ₹89,790 | 24K – ₹97,950

• Jaipur: 22K – ₹89,890 | 24K – ₹98,030

Why the Drop?

Following Akshaya Tritiya, a slight reduction in demand and stabilizing international market trends have led to a softening of gold prices. Earlier, 22-carat gold was priced around ₹89,405 in several regions. Today, rates have either remained stable or dropped slightly depending on the city.

Conclusion

If you’re planning to buy gold for weddings or investment, this dip could be a favorable opportunity. Purchasing at these revised rates might offer long-term benefits.

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