Top News

Gold Price Today: Gold Becomes Cheaper—Check Latest Rates for 22K and 24K in India

Indiaemploymentnews | May 15, 2025 6:39 PM CST

Gold prices in India witnessed a slight dip on May 14, 2025, bringing a small but noticeable change for buyers and investors. After days of fluctuations, the yellow metal saw a minor decline in both 24-carat and 22-carat categories, stirring fresh interest in the market.

As of the latest update, 24-carat gold is priced at ₹9,678.30 per gram, while 22-carat gold stands at ₹8,873.30 per gram, reflecting a marginal decrease compared to the previous day.

📉 Gold Price Drop: Here’s What Changed

Compared to the previous trading session, the prices of gold have eased slightly:

24K Gold: Down by ₹26 per gram
→ New Price: ₹9,678.30 per gram
→ Price for 10 grams: ₹96,783 (Down by ₹260)
22K Gold: Down by ₹23 per gram
→ New Price: ₹8,873.30 per gram
→ Price for 10 grams: ₹88,733 (Down by ₹230)

This decline is modest, but in a highly price-sensitive market like India, even small shifts can influence buying behavior—especially for bulk purchases during wedding seasons and festivals.

📊 Gold Price Performance in May 2025 (Till May 14)

A snapshot of gold price trends this month reveals some key highs and lows:

Date 24K Gold (10g) 22K Gold (10g)

May 1, 2025	₹98,053	₹89,913
May 14, 2025	₹96,783	₹88,733
Highest (May)	₹99,783	₹91,483
Lowest (May)	₹95,673	₹87,713

Though there have been fluctuations, the range has remained relatively narrow, signaling short-term market stability despite global economic uncertainty.

🌎 Why Are Gold Prices Falling? Key Influencing Factors

Gold rates in India are influenced by several dynamic factors. The latest price drop can be attributed to:

Global Gold Trends:
International spot gold prices often dictate domestic prices. Any drop in global demand or futures markets can lead to downward pressure locally.

USD-INR Exchange Rate:
A stronger rupee against the US dollar makes gold imports cheaper, causing a fall in retail gold prices.

Import Duty & Taxes:
Changes in import duties or local taxes can also impact prices, especially during government fiscal updates.

Domestic Demand:
Lower demand during non-festive months can push prices down. However, this may reverse as wedding season demand picks up.

💰 What Should Investors Do?

Gold is not just a decorative metal in Indian households—it's also a trusted inflation hedge and a safe-haven investment. Here's what this price drop means for investors:

Buyers looking for long-term holdings may view the dip as a buying opportunity.
Short-term traders should monitor global trends and currency movements before making decisions.
First-time investors can consider starting small with digital gold or sovereign gold bonds for low-risk exposure.

🔚 Final Thoughts

The latest dip in gold prices offers a mild relief for those looking to buy jewelry or invest in gold assets. At ₹96,783 for 10 grams of 24K gold, and ₹88,733 for 10 grams of 22K, current rates are slightly lower than the monthly average—making it a potential entry point for smart investors.

As always, it’s important to keep track of daily fluctuations, international markets, and economic announcements that can influence the precious metals market. Whether you’re a traditional buyer or a modern investor, staying informed is your biggest asset.