
Gold and Silver Prices Today, May 10: Check Rates in Delhi, Mumbai, Bengaluru, Chennai, Hyderabad and Kolkata
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.
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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:
| 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 |
| 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 |
Also Read: Sensex, Nifty Plunge Amid India-Pakistan Tensions; Investors Lose ₹2 Lakh Crore in a Day
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.
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