Gold prices in India saw a steady increase at the start of the week, with gains across 24K, 22K, and 18K gold. The surge reflects ongoing shifts in market sentiment, with 24 karat gold touching Rs 9,551 per gram, up Rs 38 from the previous day.
This rise comes amid easing global trade tensions and fluctuating investor appetite, signaling subtle but important movements in the precious metals market.
A Closer Look at 24 Karat Gold Rates This Monday
Starting with the purest form, 24 karat gold, the price for one gram has moved up to Rs 9,551. That’s an increase of Rs 38 compared to Friday’s close at Rs 9,513. Not huge, but noticeable enough for buyers and sellers alike.
For those thinking bigger: 8 grams now cost Rs 76,408, while 10 grams come in at Rs 95,510. If you’re looking to invest or buy in bulk, the 100-gram chunk stands at Rs 9,55,100, reflecting a jump of Rs 3,800 from the previous trading session.
It’s interesting to see that despite the upward tick, gold hasn’t skyrocketed overnight. The price movement seems cautious, like investors are still feeling out the market’s next move.
Some folks might wonder why the price nudged up rather than staying flat or dropping. The easing of U.S.-China trade tensions plays a part here, lowering risk fears and slightly dimming gold’s usual safe-haven glow. But it seems the metal still holds some charm as a long-term store of value.
Steady Gains for 22 Karat Gold Across the Country
Moving on to 22 karat gold, the second most popular purity for jewelry buyers in India, the rate increased by Rs 35 to Rs 8,755 per gram on Monday.
Prices for various quantities include:
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8 grams: Rs 70,040
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10 grams: Rs 87,550
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100 grams: Rs 8,75,500
This gradual climb is consistent with 24K gold’s pattern, showing confidence among buyers who prefer a slightly less pure but more durable option.
Interestingly, this steady trend might be a sign that buyers aren’t rushing but are ready to act when the price seems favorable. The market has a rhythm, you know, and right now it’s a slow but clear uptick.
18 Karat Gold Prices Show Modest Rise, Ideal for Everyday Jewelry
The 18 karat variety, known for its durability mixed with good gold content, saw a smaller yet firm increase. It now trades at Rs 7,163 per gram, up Rs 28 from Rs 7,135 the day before.
Here’s a quick glance at the numbers for Monday:
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8 grams: Rs 57,304
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10 grams: Rs 71,630
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100 grams: Rs 7,16,300
These prices reflect a rise of Rs 2,800 for 100 grams, a noteworthy amount for bulk buyers and jewelers.
One sentence sums it up: the 18K gold price is inching upwards, nudging buyers who prefer a balance between quality and affordability.
Silver Prices Also Tick Up, Mirroring Gold’s Gains
Silver hasn’t been left behind. The precious metal saw a slight increase, with prices moving up by Rs 1 per gram to Rs 98 on May 19.
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8 grams: Rs 784 (up Rs 8)
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10 grams: Rs 980 (up Rs 10)
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100 grams: Rs 9,800 (up Rs 100)
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1 kilogram (1000 grams): Rs 98,000 (up Rs 1,000)
Silver’s rise might seem small, but in percentage terms, it’s steady and consistent, especially for the 1 kg buyers. Given silver’s industrial uses and investment demand, these small bumps matter.
Market Snapshot: MCX Prices Reflect Growing Optimism
On the Multi Commodity Exchange (MCX), gold and silver futures have also gained ground.
Commodity | Contract Expiry | Price Per Unit (Rs) | Price Change (Rs) | % Change |
---|---|---|---|---|
Gold (10g) | June 5, 2025 | 93,429 | +988 | +1.07% |
Silver (1 kg) | July 4, 2025 | 95,767 | +449 | +0.47% |
Gold might not be jumping off the charts, but these steady gains across purity levels and silver suggest something interesting is brewing. The easing of trade tensions has shifted some investor focus back towards riskier assets, which usually cools gold’s safe-haven demand. Still, the metal’s slow climb suggests it’s holding its ground as a solid, reliable store of value.
If you’re thinking about buying or investing, keeping an eye on these small shifts can make a big difference over time. Markets rarely move in straight lines, and gold’s current pace is a reminder that slow and steady can still win the race.