
The glow of gold may woo investors, but in recent times, there is tremendous fluctuations in its prices. The prices of gold touching the sky for some time are now seen coming to the ground. On 13 May 2025, gold prices have fallen by Rs 6500 per 10 grams. On the other hand, there has been a slight increase in silver prices. Come, let us understand this news deeply and know what the latest gold and silver rates are in your city.
Why the decline in gold?
In the last few months, there was a boom in the demand for gold (Gold Demand), which brought its prices to a record level. Gold on MCX was at the summit of Rs 99,358 per 10 grams in April. But now there has been a huge decline in gold prices due to reduced tension between India and Pakistan and improvement in global trade. On Tuesday, MCX Gold Futures were trading at Rs 92,975 per 10 grams. This is the biggest decline since April 22. Experts believe that commercial consent between the US and China, in which the tariff was reduced from 145% to 30% and 125% to 10%, has also affected the demand for gold.
Silver shine intact
While gold became cheaper, silver has retained its glow. Silver prices rose Rs 943 to Rs 96,287 per kg at 10 am on Tuesday morning. Increasing demand in industries, especially renewable energy and increasing use of silver in electronics sector have supported its prices. Although the silver July futures fell 1.43% to Rs 95,344 per kg on Monday, it saw the improvement on Tuesday.
Gold prices in your city
According to the Indian Bullion Association, the price of gold in India at 7:31 am on Tuesday morning was Rs 93,220 per 10 grams. Gold sold at Rs 92,890 in Delhi, Rs 93,050 in Mumbai, Rs 93,120 in Bengaluru and Rs 93,320 per 10 grams in Chennai. On Monday, 24 carat gold in Delhi was Rs 9,882 and 22 carat gold was Rs 9,059 per 10 grams. This fall may be news of relief for jewelery buyers, but investors are being advised to be vigilant.
Global market condition
The international market also saw softening in Global Gold Pries. Spot Gold was trading at $ 3,235.37 an ounce and US gold futures rose 0.5% to $ 3,243.50 an ounce. The image with a safe investment of gold has been slightly shocked due to stability in global trade and reduced geopolitical tension. Nevertheless, experts say that in a long time, sleeping will remain a reliable investment.
What to do investors and buyers?
This fall in gold prices can be a golden opportunity for jewelery buyers. But investors should avoid haste. Market experts recommend that gold investment in gold keep an eye on global and domestic market trends. If you are thinking of investing in silver, then it can be a good time given its increasing demand.
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