Today's Gold Price in the Indian Market

Gold Rate Today (05-05-2025)

18 Carat Gold

• In the Delhi bullion market, the price of 10 grams of gold today is ₹71,920.
• In Kolkata and Mumbai bullion markets, the price is ₹71,800.
• In Indore and Bhopal, the gold price is ₹71,670.
• In the Chennai bullion market, the price is trading at ₹72,500.

22 Carat Gold Rate Today

• In Bhopal and Indore, the price of 10 grams of gold today is ₹87,590.
• In Jaipur, Lucknow, and Delhi bullion markets, the price of 10 grams of gold today is ₹87,900.
• In Hyderabad, Kerala, Kolkata, and Mumbai bullion markets, the price is ₹87,750.

24 Carat Gold Rate Today

• In Bhopal and Indore, the price of 10 grams of gold is ₹95,550.
• In Delhi, Jaipur, Lucknow, and Chandigarh bullion markets, the price is ₹95,880.
• In Hyderabad, Kerala, Bengaluru, and Mumbai bullion markets, the price is ₹95,730.
• In the Chennai bullion market, the price is trading at ₹95,530.

Monday Silver Latest Rates

• In Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, and Delhi bullion markets, the price of 1 kilogram of silver is ₹97,000.
• In Chennai, Madurai, Hyderabad, and Kerala bullion markets, the price is ₹1,08,000.
• In Bhopal and Indore, the price of 1 kilogram of silver is ₹97,000.

How to Check if the Gold is Pure?

• The Indian Standard Organization (ISO) provides hallmarking to identify gold purity.
• 24-carat gold is 99.9% pure, while 22-carat gold is approximately 91% pure.
• 24-carat gold should have a purity of 1.00 (24/24 = 1.00).
• 22-carat gold jewelry is made by mixing 9% other metals like copper, silver, and zinc.
• 22-carat gold should have a purity of 0.916 (22/24 = 0.916).
• Jewelry made of 24-carat gold is marked "999", 23-carat as "958", 22-carat as "916", 21-carat as "875", and 18-carat as "750".

24-carat gold is not alloyed, and thus is available in coin form, but not suitable for jewelry. Therefore, most jewelers sell 18, 20, and 22-carat gold.

Beyond Purity: Understanding Gold as an Investment

While purity and pricing are essential when purchasing gold, it’s equally important to understand gold's role as a long-term investment. Gold has historically been considered a “safe haven” asset. During times of inflation, currency depreciation, or geopolitical tensions, gold retains value, offering financial security to investors.

Why People Invest in Gold:

Wealth Preservation: Gold doesn’t corrode or degrade, making it a durable store of value.

Inflation Hedge: When the value of currency falls, gold often rises.

Portfolio Diversification: It balances risk when added to investment portfolios with equities or real estate.

Forms of Gold Investment:

Physical Gold: Jewelry, coins, and bars – popular in India, especially during weddings and festivals.

Digital Gold: Purchased online in small amounts, stored securely by the provider.

Gold ETFs (Exchange Traded Funds): Traded on the stock exchange, representing gold value without physical holding.

Sovereign Gold Bonds (SGBs): Issued by the Reserve Bank of India, these earn interest and are tax-efficient.

Tips for Smart Gold Buying:

Track Market Trends: Gold prices fluctuate based on international markets, currency strength, and demand.

Buy During Dips: Festivals often see price spikes; off-season purchases may offer better deals.

Understand Making Charges: These can vary between 5-25% depending on the jeweler and design. Always clarify before buying.

Keep an Eye on Purity & Resale Value: Lower carat jewelry may be cheaper but fetches less on resale.

In conclusion, gold isn’t just a symbol of wealth or tradition — it’s a strategic financial asset. Whether you're buying for adornment, gifting, or investment, being informed ensures better choices and long-term value.

Resource : https://mpbreakingnews.in/