Prices of gold and silver in your city,May 24: A lower US dollar (USD) and uncertainties surrounding the US economy caused the yellow metal’s prices to rise. Investors claim that gold and silver have become safe-haven assets due to the volatility of the stock market.
In light of the returns, gold prices have increased by around 30% year over year (YoY),and since 2001,it has produced a 15% CAGR as an investment. Data shows that gold has outperformed inflation by more than 2–4% since 1995.
Investor interest in silver has increased as gold prices surged ahead of Akshaya Tritiya 2025, reaching a record high of about ₹1 lakh per 10 gm. Silver prices increased 15.62% between Akshaya Tritiya 2024 and 2025, but the five-year CAGR from April 2020 was close to 20%, particularly in 2021 when prices surged 69.04%.
Before adding these metals to their portfolio, investors should assess their financial objectives and needs and, ideally, get advice from a financial professional.
Current Gold and Silver Prices: Verify Prices in India — May 24
According to the official website, at 8:30 am on Saturday, May 24, the MCX gold index was trading at ₹96,400/10 gm. In the meantime,according to MCX data,the price of silver was ₹97,935/kg.
Additionally, data from the Indian Bullion Association (IBA) shows that at 8:30 am on May 24, 24-carat gold was valued at ₹96,850/10 gm,while 22-carat gold was valued at ₹88,779/10 gm. Additionally, the IBA website states that the current price of silver is ₹98,230/kg (Silver 999 Fine).
These are the gold and silver prices in Delhi, Kolkata, Mumbai, Hyderabad, Bengaluru, and Chennai as of today, May 24. It should be mentioned that jewelers may increase the final price for retail clients by adding making costs, taxes, and GST to the bill.
Mumbai’s Gold and Silver Prices, May 24
Mumbai’s gold bullion prices are ₹96,680/10 gm.
Mumbai’s MCX Gold rate is 96,400/10 gm.
Mumbai’s silver bullion pricing is ₹98,060/kg.
In Mumbai, the price of MCX Silver 999 is ₹98,000/kg.
Prices of Gold and Silver in Delhi, May 24
New Delhi’s gold bullion prices are ₹96,510/10 gm.
New Delhi’s MCX Gold rate is 96,400/10 gm.
The price of silver bullion in New Delhi is ₹97,890/kg.
In New Delhi,the price of MCX Silver 999 is ₹98,000/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.
