Delhi, Mumbai, Bengaluru, Chennai, Kolkata and Hyderabad witness minor corrections in gold and silver rates; experts say it’s a good time to buy
May 18, 2025 | Gold and silver prices saw a modest decline on May 18, offering a brief cooling-off period for investors across India’s top metros. The slip comes amid eased trade tensions between the US and China, and a calming of India-Pakistan geopolitical frictions post-Operation Sindoor.
Market experts consider the correction a strategic entry point for gold investments. “It’s a smart time to increase exposure to gold,”
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Despite today’s dip, gold remains a high-return asset, delivering a 30% jump in the past year and outperforming inflation by 2-4% since 1995.
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💰 Gold & Silver Prices in India – May 18, 2025
| City | Gold (24K) ₹/10gm | Gold (22K) ₹/10gm | Silver ₹/kg |
|---|---|---|---|
| Mumbai | ₹92,700 | ₹85,000 (approx) | ₹95,310 |
| Delhi | ₹92,540 | ₹85,131 | ₹95,140 |
| Chennai | ₹92,970 | ₹85,131 | ₹95,580 |
| Kolkata | ₹92,580 | ₹85,131 | ₹95,180 |
| Hyderabad | ₹92,850 | ₹85,131 | ₹95,460 |
| Bengaluru | ₹92,780 | ₹85,131 | ₹95,380 |
📉 MCX Spot Prices (8:20 AM)
- Gold (10 gm): ₹92,480
- Silver (1 kg): ₹95,297
(Source: Indian Bullion Association)
📊 Analysts’ Note
- Gold ETFs continue to be a preferred vehicle for new investors.
- Physical gold demand is expected to rise as wedding season resumes.
- Silver is holding steady, offering short-term trading opportunities.
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Gold rates today India, Gold price in Mumbai, Silver rate Chennai, MCX gold price May 18, gold investment tips, bullion market update, gold price dip, safe haven assets, gold ETFs, India Pakistan tensions