Gold Prices in India on May 22.
Gold Rate Today: Check gold prices in different cities on May 22, 2024 in Rs/10 grams
Gold Rate Today In India: On May 22, the price of 10 grams of gold fell, selling at nearly Rs 74,000. Pure 24-carat gold was valued at Rs 74,510 per 10 grams, with 22-carat gold maintaining its price at about Rs 68,300. In contrast, the silver market witnessed a downward trend, going to Rs 95,800 per kilogram.
Gold rate today in India: Retail gold price on May 22
Check gold rates today in different cities on May 22, 2024; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24-Carat Gold Price |
| Delhi | 68,450 | 74,660 |
| Mumbai | 68,300 | 74,510 |
| Ahmedabad | 68,350 | 74,560 |
| Chennai | 68,600 | 74,840 |
| Kolkata | 68,300 | 74,510 |
| Gurugram | 68,450 | 74,660 |
| Lucknow | 68,450 | 74,660 |
| Bengaluru | 68,300 | 74,510 |
| Jaipur | 68,450 | 74,660 |
| Patna | 68,350 | 74,560 |
| Bhubaneshwar | 68,300 | 74,510 |
| Hyderabad | 68,300 | 74,510 |
Multi Commodity Exchange
On May 22, 2024, the Multi Commodity Exchange (MCX) saw muted trading in gold futures contracts expiring on June 5, 2024, and was trading down. These contracts were down at Rs 73,802 per 10 grams. Silver futures contracts expiring on July 5, 2024, were also trading lower at Rs 94,552 on the MCX.
Retail Cost of Gold
The retail gold price in India, representing the final cost per unit weight for consumers, is influenced by multiple factors beyond the intrinsic value of the metal.
Gold in India holds significant cultural importance, serving as a valuable investment and playing a crucial role in traditional weddings and festivals.
Amid continuous market fluctuations, investors and traders closely watch these dynamics. Stay tuned for more updates on this developing story.
