Gold and Silver Prices Today, May 10: Check Rates in Delhi, Mumbai, Bengaluru, Chennai, Hyderabad and Kolkata

Precious metal prices remain elevated amid geopolitical tensions; 24-carat gold crosses ₹96,800/10 gm in some cities

May 10, 2025: As global uncertainties intensify following the India-Pakistan escalation and ongoing conflicts in West Asia, gold and silver continue to serve as safe-haven assets. With the US Federal Reserve maintaining interest rates earlier this week, the commodity markets have seen renewed investor interest, pushing gold to near-record highs.

Also Read: World Bank Chief Ajay Banga in India, Meets PM Modi, Has This to Say About Indus Treaty

On May 10, gold prices remained firm in major Indian cities. According to the Indian Bullion Association (IBA) and MCX, here are the latest rates:

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🟡 Gold Prices Today (per 10 grams)

City	24-Carat Gold	22-Carat Gold	MCX Gold Rate
Mumbai	₹96,710	₹88,807	₹96,535
Delhi	₹96,540	₹88,807	₹96,535
Chennai	₹96,990	₹88,807	₹96,535
Hyderabad	₹96,860	₹88,807	₹96,535
Bengaluru	₹96,780	₹88,807	₹96,535
Kolkata	₹96,580	₹88,807	₹96,535

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⚪ Silver Prices Today (per kg)

City	Silver Bullion Rate	MCX Silver Rate
Mumbai	₹96,690	₹96,748
Delhi	₹96,530	₹96,748
Chennai	₹96,980	₹96,748
Hyderabad	₹96,850	₹96,748
Bengaluru	₹96,770	₹96,748
Kolkata	₹96,570	₹96,535

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📈 Market Insight:

• Gold MCX Index: ₹96,535/10 gm
• Silver MCX Index: ₹95,600/kg
• IBA 24K Gold Price: ₹96,880/10 gm
• IBA Silver (999 fine): ₹96,870/kg

Also Read: Sensex, Nifty Plunge Amid India-Pakistan Tensions; Investors Lose ₹2 Lakh Crore in a Day

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Gold has appreciated by 30% in the last year, delivering a 15% CAGR since 2001, consistently outpacing inflation. Given ongoing global and regional tensions, experts expect bullish trends to persist in the near term.

Also Read: Will ATMs Be Shut? Government Addresses Queries Amid Indo-Pak Tensions