KKN Gurugram Desk | If you’re planning to buy gold or silver today for a wedding or an upcoming event, you should first check the latest gold and silver rates for May 19, 2025. On this Monday, gold prices have risen sharply by ₹380 per 10 grams, while silver rates have dropped slightly by ₹100 per kilogram. With this, gold is now trending close to ₹95,700 and silver above ₹96,900 in major cities across India.
Let’s take a detailed look at the city-wise rates for 18, 22, and 24-carat gold, as well as the latest silver prices, along with guidance on checking gold purity before purchasing.
Gold Type | Price (Per 10 grams) |
---|---|
18 Carat | ₹71,760 |
22 Carat | ₹87,700 |
24 Carat | ₹95,660 |
Today’s price hike comes amid ongoing global market fluctuations, with international gold rates influencing India’s bullion prices. Let’s now break it down city by city.
Delhi: ₹71,760
Mumbai & Kolkata: ₹71,630
Indore & Bhopal: ₹71,680
Chennai: ₹72,100
Note: 18-carat gold is widely used in jewelry and contains 75% pure gold mixed with other metals like copper and zinc.
Delhi, Jaipur, Lucknow: ₹87,700
Indore & Bhopal: ₹87,600
Hyderabad, Kerala, Mumbai, Kolkata: ₹87,550
22-carat gold, with approximately 91.6% purity, is the most common type used for making traditional jewelry in India.
Delhi, Jaipur, Lucknow, Chandigarh: ₹95,660
Indore & Bhopal: ₹95,560
Mumbai, Hyderabad, Kerala, Bengaluru, Chennai: ₹95,510
24-carat gold has 99.9% purity and is generally used to make coins and bars, not jewelry, due to its softness.
Silver prices have shown a minor drop of ₹100 per kilogram today. Despite the dip, silver is still trending at high levels, especially in southern markets.
City | Silver Rate (₹/kg) |
---|---|
Delhi, Jaipur, Mumbai, Kolkata, Lucknow, Ahmedabad | ₹96,900 |
Chennai, Hyderabad, Kerala, Madurai | ₹1,07,900 |
Indore & Bhopal | ₹96,900 |
Silver remains a popular choice for both jewelry and investment, especially during marriage seasons and festivals.
With gold prices at such high levels, buyers must ensure they’re purchasing authentic gold. The Bureau of Indian Standards (BIS) uses hallmark certification to verify gold purity.
24 Carat: Hallmark 999 (99.9% pure)
23 Carat: Hallmark 958
22 Carat: Hallmark 916 (91.6% pure)
21 Carat: Hallmark 875
18 Carat: Hallmark 750 (75% pure)
💡 Pro Tip: Always ask for a BIS-certified hallmark and request a bill detailing carat weight and GST for full transparency.
Several global and domestic factors influence gold rates, including:
Fluctuating international bullion market trends
Dollar-Rupee exchange rate
Inflation and interest rate forecasts
Central bank gold purchases
Domestic demand during wedding seasons and festivals
Today’s increase of ₹380 per 10 grams comes amid higher international demand and slight depreciation of the rupee against the dollar.
Today’s gold rate trends may appeal to:
Families preparing for weddings and traditional functions
Investors looking to diversify with physical gold
Individuals planning long-term savings in gold
Buyers in regions with lower local prices
However, due to high volatility, it is advisable to consult financial advisors for large-scale investments.
Check Prices Before Purchase – Always verify latest rates from trusted sources or jeweler associations.
Ask for BIS Hallmark – This guarantees purity and avoids fraud.
Avoid Impulse Buying – Price fluctuations can lead to temporary spikes. Time your purchase during dips.
Verify the Weight and Price Breakdown – Demand full transparency in billing.
Consider Digital Gold – If you’re looking to invest without physical storage concerns.
Aspect | Physical Gold | Digital Gold |
---|---|---|
Storage | Requires lockers/safes | Stored by provider |
Purity | Needs verification | 99.9% BIS-certified |
Liquidity | Requires physical transaction | Instant online redemption |
Making Charges | Applicable for jewelry | No making charges |
Risk of Theft | High | Nil |
Digital gold is gaining popularity, but for cultural occasions, physical gold still dominates Indian buying sentiment.
Unit | Equivalent in Grams |
---|---|
1 Tola | 11.66 grams |
1 Ounce | 28.35 grams |
For international buyers or NRIs, understanding unit conversions can aid in comparing global rates accurately.
With gold trending close to ₹95,700 per 10 grams and silver near ₹97,000 per kilogram, buyers must make informed decisions. While gold remains a safe-haven asset, short-term price hikes may cool off. Watch for further changes throughout the week before making bulk purchases.
For now, always prioritize hallmarked, verified, and transparent gold buying, whether you’re investing or purchasing for ceremonial purposes.
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