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Gold, Silver Rate Today May 2: City-wise Prices
2 May
Summary
- Gold prices are fluctuating due to global market uncertainty.
- Specific gold rates vary daily across major Indian cities.
- Silver is priced at Rs 255.10 per gram nationwide.
On May 2, gold prices are experiencing fluctuations, partly attributed to the ongoing Israel-US conflict, which creates global market uncertainty. This instability is reflected in daily price variations across major Indian cities.
In New Delhi, gold rates per gram are Rs 15,042 (24K), Rs 13,799 (22K), and Rs 11,283 (18K). Mumbai and Kolkata show identical rates: Rs 15,037 (24K), Rs 13,784 (22K), and Rs 11,278 (18K). Chennai's rates are Rs 15,185 (24K), Rs 13,919 (22K), and Rs 11,609 (18K).
Silver prices remain steady at Rs 255.10 per gram, or Rs 2,55,100 per kilogram. Both gold and silver prices are influenced by international markets, currency exchange rates, and local demand, particularly for jewelry.
Previously, on Thursday, gold prices had seen a rebound of Rs 2,000, reaching Rs 1.54 lakh per 10 grams in Delhi, following global trends and a weaker US dollar.
