On April 22, gold reached a record-breaking price of ₹1 lakh per 10 grams. However, prices have seen a steady decline since then. While there was a slight rise on May 5, gold prices have continued to fall again post-Akshaya Tritiya.

The fluctuations in gold prices are attributed to global market uncertainty, a weakening dollar, and other economic factors. As a result, many investors continue to see gold as a safe investment option.

• Rates as of 8:20 AM, 6 May (MCX):Gold: ₹94,750 per 10 grams (↓ ₹101)
• Silver: ₹94,406 per kg (↓ ₹18)

Indian Bullion Rates:

• 24-carat Gold: ₹95,060 per 10 grams
• 22-carat Gold: ₹87,138 per 10 grams
• Silver (999 Fine): ₹94,490 per kg

City-wise Gold and Silver Rates (6 May 2025):

Chennai:

Gold (Bullion): ₹94,750

Gold (MCX): ₹95,221

Silver (Bullion): ₹95,460

Silver (MCX): ₹96,524

Mumbai:

Gold (Bullion): ₹94,430

Gold (MCX): ₹95,221

Silver (Bullion): ₹95,120

Silver (MCX): ₹96,524

Hyderabad:

Gold (Bullion): ₹94,620

Gold (MCX): ₹95,221

Silver (Bullion): ₹95,330

Silver (MCX): ₹96,524