Gold has always been a safe and attractive investment option for Indian investors. Whether it’s for purchasing jewelry during festivals or for investment purposes, keeping an eye on gold prices is essential. In this blog, we will analyze the gold prices in India on 10th May 2025 and understand the factors behind the recent price movements.
Current Gold Prices (10th May 2025)
The gold prices today are as follows:
- 24 Karat (999 purity) Gold: ₹9,868 per gram
- 22 Karat (91.6% purity) Gold: ₹9,045 per gram
- 18 Karat Gold: ₹7,401 per gram (goodreturns.in)
These prices may vary slightly in different cities, but on average, these are the rates across the country.
Gold Price Changes in the Last 10 Days
| Date | 24 Karat (₹/gram) | 22 Karat (₹/gram) |
|---|---|---|
| 10 May 2025 | 9,868 | 9,045 |
| 9 May 2025 | 9,835 | 9,015 |
| 8 May 2025 | 9,960 | 9,130 |
| 7 May 2025 | 9,900 | 9,075 |
| 6 May 2025 | 9,846 | 9,025 |
| 5 May 2025 | 9,573 | 8,775 |
| 4 May 2025 | 9,551 | 8,755 |
| 3 May 2025 | 9,551 | 8,755 |
| 2 May 2025 | 9,551 | 8,755 |
| 1 May 2025 | 9,573 | 8,775 |
As you can see, there have been fluctuations in gold prices over the past few days. However, in the last 24 hours, the price of 24 Karat gold has risen by ₹33 per gram, which is a positive sign for investors.
Global Factors Affecting Gold Prices
Several global and domestic factors affect the fluctuation of gold prices:
- International Markets: The value of the US dollar, global supply chain conditions, and other global events impact gold prices.
- Geopolitical Tensions: Rising tensions at the India-Pakistan border or other global conflicts increase the demand for gold, pushing prices higher.
- Inflation and Interest Rates: When inflation rises or interest rates are low, investors prefer to invest in gold, leading to a price increase.
Gold Prices in Major Cities
Gold prices may vary from city to city. Here are the prices in major cities:
- Mumbai: ₹9,710 per gram
- Delhi: ₹9,813 per gram
- Chennai: ₹9,836 per gram
- Bengaluru: ₹9,835 per gram
- Kolkata: ₹9,836 per gram (hindustantimes.com)
These prices do not include local taxes and additional charges, which may affect the final price.
Tips for Investors
If you are thinking of investing in gold, consider the following points:
- Long-Term Investment: Gold is a long-term investment that provides a hedge against inflation.
- Buy Certified Gold: Always purchase hallmarked jewelry or coins for safe and transparent transactions.
- Diversification: Keep your investment portfolio diversified and invest in other assets along with gold.
Conclusion
Today, 10th May 2025, we have seen an increase in gold prices, which is a result of both global and domestic factors. If you’re considering investing in gold, this might be a good time to do so. However, it’s always a good idea to consult a financial advisor before making any investment decisions.
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