Gold prices in India have seen some significant ups and downs lately, influenced by both the global market trends and local demand. As of May 18, 2025, it looks like the prices are starting to stabilize after a pretty volatile stretch.
Current Gold Prices Across Major Indian Cities
On May 18, 2025, the gold prices in major Indian cities are as follows:
-
Delhi: ₹95,280 per 10 grams (24K), ₹87,350 per 10 grams (22K)
-
Mumbai: ₹95,130 per 10 grams (24K), ₹87,200 per 10 grams (22K)
-
Kolkata: ₹95,130 per 10 grams (24K), ₹87,200 per 10 grams (22K)
-
Bengaluru: ₹95,130 per 10 grams (24K), ₹87,200 per 10 grams (22K)
-
Chennai: ₹95,130 per 10 grams (24K), ₹87,200 per 10 grams (22K)
-
Hyderabad: ₹95,130 per 10 grams (24K), ₹87,200 per 10 grams (22K)
Recent Market Movements and Analysis
The gold market has recently seen quite a shake-up, with prices falling to ₹35,500 for 100 grams of 24K gold, which means a drop of ₹3,550 for every 10 grams. This downturn has been driven by a mix of global economic signals and shifts in investor sentiment.
Despite this, the market has shown some resilience, with prices stabilizing over the last couple of days. This pause in the downward slide hints at a possible consolidation phase, where the market is finding its footing at these new price levels.
Expert Predictions and Investment Considerations
Market analysts are keeping a close eye on the fluctuations in gold prices. Some experts are forecasting that prices could dip even further to ₹88,000 per 10 grams if certain economic conditions continue. This potential drop is linked to factors like changes in global interest rates, currency shifts, and evolving investor preferences.
For investors, this moment brings both hurdles and opportunities. While there’s a chance of further price declines, the current stabilization might also signal a good buying opportunity for those looking to invest long-term. It’s crucial to evaluate your own risk tolerance and investment goals before making any moves.
The Times of India
Global Market Influence
On the international front, gold prices have been quite volatile, with spot gold recently falling about 1.6% to $3,188.25 per ounce. This fluctuation mirrors broader global economic trends, including monetary policy shifts from major central banks and geopolitical events.
Conclusion
As of May 18, 2025, the Indian gold market shows signs of stabilization after recent drops. While uncertainties linger, particularly regarding potential further declines, the current landscape might present some opportunities.
The interaction between global and domestic factors continues to influence the gold market in India. Investors should stay updated on international developments, as these can directly affect local gold prices.
