gold price prediction today in india : May 01, 2025
Gold prices in your city, May 1:Gold has become the preferred safe haven option for investors looking to protect their portfolios from market turbulence. To get the current gold rates in Delhi, and Mumbai.
The price of gold in your city on May 1 has considerably decreased due to the relaxation of global market pressures, but the yellow metal has become the preferred safe haven option for investors looking to protect their portfolios.
In terms of returns, April 30 was Akshaya Tritiya last year,and rates for 2024–2025 increased by 30%,and over the last few years,they have soared by 100%, according to industry reports.
Current Gold Prices: Verify Indian Gold Rates — May 1
As a result, the official website said that the price of the MCX gold index was ₹94,611 per 10 gm at 7.20 am on May 1,down ₹91/10 gms. In the meantime,the price of MCX silver plummeted by ₹2,301/kg to ₹94,561/kg.
Additionally,as of 7.20 am on May 1,24-carat gold was valued at 94,880/10 gm,according to data from the Indian Bullion Association (IBA). Additionally,the price of 22-carat gold was ₹86,9730/10 gms. According to the IBA website, the current price of silver is ₹95,950/kg (Silver 999 Fine).
Notably, today, on May 1, which is Workers Day (also May Day or Labour Day) across India and also Maharashtra Day being commemorated in Mumbai, the MCX gold trade has been halted in the first half, but will restart for the second session from 5-11.30 pm.
Check out the current prices of gold and silver in your city as we start a new month. For the May 1 precious metal prices in Delhi,Mumbai.
Mumbai’s Gold and Silver Prices as of May 1 :
Mumbai’s gold bullion prices are 94,710/10 gm.
Mumbai’s MCX Gold rate is 94,611/10 gm.
Mumbai’s silver bullion pricing is ₹95,780/kg.
The price of MCX Silver 999 in Mumbai is 94,561/kg.
Delhi’s Gold and Silver Prices as of May 1 :
New Delhi’s gold bullion prices are 94,550/10 gm.
New Delhi’s MCX Gold rate is 94,611/10 gm.
The price of silver bullion in New Delhi is ₹95,610/kg.
The price of MCX Silver 999 in New Delhi is 94,561/kg.
Disclaimer: bharatbulletin24x7.com does not endorse the opinions or suggestions expressed above; rather,these represent the opinions of individual analysts or brokerage firms. Before making any financial decisions,we encourage investors to consult with qualified professionals.
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