New Delhi, May 2025: The price of gold and silver is fluctuating in the Indian bullion market at this time. When the market opened this morning, there was a slight increase in the prices of gold and silver, but after some time the prices again saw a downward trend.
In today’s early trade, the price of gold was up by Rs 1,293 per 10 grams, while the price of silver also opened with a gain of Rs 1,016 per kg. But as the day progressed, the prices of both of these fell drastically.
If we look at the last few trading days, on May 7, the price of gold in the bullion market started at Rs 99,493 per 10 grams, while silver opened at Rs 96,133 per kg. After this, within four days, the market witnessed huge fluctuations and currently the price of gold has fallen by Rs 3,885, while the price of silver has come down by Rs 545.
Falling gold prices worldwide
Gold prices around the world have reached their lowest level in a month. Factors such as the US-China trade war, the Russia-Ukraine crisis, and volatility in global equity markets have now weakened, affecting bullion prices. According to Aksha Kamboj, Vice President of India Bullion and Jewelers Association (IBJA) and Executive Chairperson of Aspect Global Ventures, “These global events have also affected the Indian bullion markets.”
Today’s prices
Today with GST, gold is being sold at Rs 96,467 per 10 grams and silver at Rs 98,455 per kg. Gold has now become cheaper by Rs 5,442 from its highest level in the bullion market. Let us remind you that on April 22, 2025, the price of gold was at its highest level of Rs 99,100 per 10 grams.
The fluctuations in the prices of gold and silver in the bullion market at this time are forcing investors and traders to think in both directions.
