KKN Gurugram Desk | If you’re planning to buy gold or silver on Monday, May 5, it’s important to check the latest price trends. As per updated rates from key bullion markets across India:

• Gold price today has increased by ₹220 per 10 grams.

• Silver price has fallen by ₹1,000 per kilogram.

Currently, 24 Carat gold is trading around ₹95,880 per 10 grams, while silver prices have adjusted to ₹97,000 per kilogram in most cities.

Let’s take a detailed look at today’s gold and silver rates city-wise and understand how purity levels affect pricing.

 Gold Price Today in India – 5 May 2025

? 18 Carat Gold Rate (per 10 grams)

• Delhi: ₹71,920

• Mumbai & Kolkata: ₹71,800

• Indore & Bhopal: ₹71,670

• Chennai: ₹72,500

? 22 Carat Gold Rate (per 10 grams)

• Delhi, Jaipur, Lucknow: ₹87,900

• Mumbai, Kolkata, Hyderabad, Kerala: ₹87,750

• Indore & Bhopal: ₹87,590

? 24 Carat Gold Rate (per 10 grams)

• Delhi, Lucknow, Jaipur, Chandigarh: ₹95,880

• Mumbai, Hyderabad, Kerala, Bengaluru: ₹95,730

• Bhopal & Indore: ₹95,550

• Chennai: ₹95,530

Silver Price Today – 5 May 2025

1 Kilogram Silver Rate (City-Wise)

• Delhi, Mumbai, Jaipur, Kolkata, Ahmedabad, Lucknow: ₹97,000

• Chennai, Hyderabad, Madurai, Kerala: ₹1,08,000

• Indore & Bhopal: ₹97,000

Silver prices vary slightly based on local demand, transportation cost, and refinery premiums. South Indian cities like Chennai and Hyderabad have shown notably higher silver prices today.

 Gold Purity Explained: 18K, 22K, and 24K – What’s the Difference?

Before buying gold, it’s crucial to understand purity and hallmark standards. Gold rates differ by karat due to metal composition and market value.

✦ 24 Carat Gold

• Purity: 99.9%

• Hallmark Stamp: 999

• Usage: Coins & bars (not used for making jewelry due to softness)

✦ 22 Carat Gold

• Purity: 91.6% (22/24 = 0.916)

• Hallmark Stamp: 916

• Usage: Ideal for jewelry making; mixed with 9% other metals like copper or zinc

✦ 18 Carat Gold

• Purity: 75%

• Hallmark Stamp: 750

• Usage: Fashion jewelry, gold-plated items

Always look for BIS hallmark on gold jewelry to verify purity and ensure authenticity.

 How to Verify the Purity of Gold Before Buying

• Check for BIS Hallmark Stamp: Every genuine gold article has a code stamped, such as 999 (24K), 916 (22K), 875 (21K), 750 (18K).

• Ask for Hallmark Certificate: Insist on proper invoice and purity certificate from the jeweler.

• Use Karat Meter: Many showrooms provide free gold purity testing.

Important Notes for Buyers

• Prices mentioned are indicative and may vary slightly based on jeweler margin, GST (currently 3%), and making charges.

• Prices fluctuate during the day depending on international spot rates, currency value, and local demand.

• Before making a purchase, confirm real-time rates with your local jeweler or bullion dealer.

 Should You Buy Gold or Silver Today?

With gold nearing ₹96,000 and silver maintaining a ₹97,000 mark, many investors are evaluating whether to buy now or wait.

Reasons You Might Consider Buying Today:

• Rising geopolitical tensions (e.g., Middle East, South Asia) often boost gold demand.

• Rupee depreciation can make imported gold more expensive in the near future.

• Hedge against inflation: Both gold and silver continue to act as safe-haven assets.

However, given the recent volatility:

• Short-term investors may want to monitor rates for a potential dip.

• Long-term investors may find value in gradual accumulation, especially ahead of festival and wedding seasons.

Why Are Gold and Silver Prices Fluctuating in 2025?

There are several macroeconomic and global factors affecting gold and silver prices this year:

• Inflation concerns and interest rate policies by the US Federal Reserve

• Oil price instability due to conflicts in Eastern Europe and the Middle East

• Global currency fluctuations, especially USD-INR trends

• Jewelry demand spikes during Akshaya Tritiya, wedding seasons, and Diwali

• Central bank gold purchases, particularly by BRICS nations

 Historical Trend: Gold Price in India (Last 6 Months)

*Note: Data above are average monthly closing prices from major Indian bullion exchanges.

 Is Gold a Good Investment in 2025?

In times of uncertainty, gold is seen as a safe investment. Here’s why:

• Capital appreciation: Gold prices have increased by over 20% in the last six months.

• Liquidity: Gold is easily sellable or pledged as collateral for loans.

• Portfolio diversification: Adds a non-correlated asset to your financial portfolio

Gold and silver prices are currently showing mixed trends. With gold inching toward ₹96,000 and silver showing correction, it’s essential to verify purity, compare city-wise prices, and buy from trusted dealers.