KKN Gurugram Desk | If you’re planning to buy gold or silver, today’s price changes might influence your decision. On Tuesday, 6 May 2025, the gold price in India surged, while silver prices witnessed a slight decline, according to data released by key bullion markets.

Gold prices increased by ₹2,730 per 10 grams, with 24-carat gold trading near ₹98,610. Meanwhile, silver prices slipped by ₹100 per kg, currently hovering around ₹96,900 in major cities.

Below, we detail the latest 18K, 22K, and 24K gold prices city-wise, along with the silver rates across key Indian markets.

Gold Rate Today (6 May 2025): Key Highlights

 18K Gold Rate Today in Major Cities

• Delhi: ₹73,970 per 10 grams

• Mumbai and Kolkata: ₹73,840

• Indore and Bhopal: ₹73,890

• Chennai: ₹74,600

 22K Gold Price Today City-wise (6 May 2025)

The 22-carat gold, used commonly in jewellery making, saw uniform pricing across north and central Indian cities, reflecting market stability. Southern cities showed marginally lower values.

 24K Gold Price Today City-wise (6 May 2025)

The 24-carat gold rate continued to rise in northern India, showing increasing demand for pure gold bullion and investment-grade gold.

Silver Price Today (6 May 2025): ₹96,900 per kg in Most Cities

After maintaining a stable upward trend for the past week, silver prices fell by ₹100 per kilogram today, bringing it to ₹96,900/kg in cities like Delhi, Mumbai, Kolkata, Lucknow, and Jaipur.

However, southern Indian markets such as Chennai, Hyderabad, Kerala, and Madurai reported a much higher price of ₹1,07,900/kg, reflecting regional demand differences.

Gold Purity Guide: How to Check if Your Gold is Genuine

Before buying gold, especially during seasonal or festive offers, make sure you verify its purity using BIS Hallmark standards. Here’s a quick breakdown of hallmark stamps and their meanings:

• 24K gold is the purest form but too soft for jewellery

• 22K gold is standard for ornaments; includes 9% alloy

• 18K gold is commonly used in gemstone-studded jewellery

 Why Did Gold Prices Rise Today?

Several macroeconomic factors have contributed to the ₹2,730 per 10 grams spike in gold prices today:

• Global gold demand surged after Middle East tensions re-escalated

• Weaker dollar index, making gold more attractive for investors

• Increased festive-season buying in Indian domestic markets

• Rising inflation concerns worldwide, pushing demand for gold as a hedge

Silver, on the other hand, saw a minor correction, possibly due to reduced industrial demand and profit booking by traders.

 What to Expect This Week in Bullion Markets

According to bullion experts:

• Gold may cross ₹99,000/10g mark by the weekend

• Silver could hover between ₹96,000 to ₹99,000/kg, depending on global cues

• Watch for updates from US Fed, global inflation data, and crude oil prices

Investors and buyers are advised to monitor price movements closely, especially with the wedding season around the corner.

 Expert Advice: Should You Buy Gold or Silver Today?

According to financial advisors:

• Long-term investors can consider buying 24K gold coins or bars as a safe-haven asset

• Jewellery buyers should compare rates across cities and verify BIS hallmark certification

• Silver, despite the dip, remains a volatile investment and suits short-term speculative buying

Search-Friendly Summary for Today’s Market (6 May 2025)

• Gold price: ₹98,610/10g (24K), up ₹2,730

• Silver price: ₹96,900/kg, down ₹100

• Highest 24K gold rate: Jaipur & Delhi

• Highest silver rate: Chennai & Hyderabad

• Jewellery buying tip: Look for 916 hallmark on 22K gold

Gold and silver continue to dominate India’s investment and festive markets. Whether you’re investing or buying jewellery, knowing the daily rates and hallmark standards ensures smart and secure purchases.

As bullion prices fluctuate based on international trends and domestic demand, staying informed can help you maximize value and avoid overpaying.