KKN Gurugram Desk | On May 13, 2025, the Indian bullion market observed a modest recovery in gold and silver prices following a significant downturn in the previous session. This fluctuation is attributed to easing geopolitical tensions and shifting investor sentiments. This comprehensive analysis provides insights into the current market trends, city-wise price breakdowns, and investment considerations for gold and silver.

Gold Price Trends in India

National Overview

As of May 13, 2025, gold prices in India exhibited a slight uptick:

• 24 Karat Gold: ₹9,562 per gram

• 22 Karat Gold: ₹8,765 per gram

This marginal increase follows a sharp decline on May 12, where prices fell by approximately ₹2,400 per 10 grams, influenced by global market dynamics and improved US-China trade relations .

City-wise Gold Rates

• Delhi: 24K – ₹93,750/10g; 22K – ₹85,938/10g

• Mumbai: 24K – ₹94,130/10g; 22K – ₹86,286/10g

• Chennai: 24K – ₹9,562/g; 22K – ₹8,765/g

• Hyderabad: 24K – ₹96,899/10g; 22K – ₹96,899/10g

• Bangalore: 24K – ₹9,562/g; 22K – ₹8,765/g

Note: Prices are indicative and subject to market fluctuations.

Silver Price Trends in India

National Overview

Silver prices also experienced a modest recovery:

• Per Gram: ₹97.90

• Per Kilogram: ₹97,900

This represents a decrease of ₹1,000 per kilogram from the previous day’s rates, reflecting global market adjustments .

City-wise Silver Rates

• Patna: ₹97.90/g; ₹97,900/kg

• Delhi: ₹100.90/g; ₹100,900/kg

• Mumbai: ₹97.90/g; ₹97,900/kg

Note: Prices are indicative and subject to market fluctuations.

Factors Influencing Precious Metal Prices

Several factors contribute to the current pricing trends:

1. Geopolitical Developments: The easing of US-China trade tensions has reduced the demand for gold as a safe-haven asset, leading to price corrections .

2. Currency Fluctuations: A strengthening US dollar index has impacted gold prices, as a stronger dollar makes gold more expensive for holders of other currencies.

3. Market Sentiment: Improved global economic outlook and investor confidence have shifted focus towards equities, affecting bullion demand.

4. Seasonal Demand: The wedding season in India traditionally boosts gold demand, providing some support to prices.

Investment Considerations

Given the current market scenario:

• Short-term Investors: May find opportunities in the slight price corrections for potential gains as prices stabilize.

• Long-term Investors: Should consider the broader economic indicators and geopolitical developments before making significant investments.

• Digital Gold: Platforms like Gold ETFs offer flexibility and security for investors preferring non-physical assets.

The bullion market on May 13, 2025, reflects a cautious recovery in gold and silver prices after recent declines. Investors are advised to stay informed about global economic indicators and market trends to make prudent investment choices.