Gold Rate Today: Today, on 7 May 2025, the price of gold has become expensive by Rs 1,000. In the last one week, the fall of gold in the price of gold of up to Rs 3,500, now it is getting recovery. The price of gold is just a little away to reach Rs 1,00,000. Gold prices touched a level of Rs 1,00,000 on 22 April. Today, on May 7, 10 grams of gold is crossing Rs 99,000.
Gold rate in Delhi-Mumbai
On Wednesday 7 May 2025, the price of 22 carat gold in Delhi was Rs 90,900 and 24 carat gold was Rs 99,150 per 10 grams. In Mumbai, 22 carat gold is trading at Rs 90,750 and 24 carat gold at Rs 99,000 per 10 grams.
| City name | 22 carat gold rate | 24 carat gold rate |
| Delhi | 90,900 | 99,150 |
| Chennai | 90,750 | 99,000 |
| Mumbai | 90,750 | 99,000 |
| Kolkata | 90,750 | 99,000 |
| Jaipur | 90,900 | 99,150 |
| Noida | 90,900 | 99,150 |
| Ghaziabad | 90,900 | 99,150 |
| Lucknow | 90,900 | 99,150 |
| Bangalore | 90,750 | 99,000 |
| Patna | 90,750 | 99,000 |
Silver rate
Silver is at Rs 99,000 per kg on Wednesday 7 May 2025. Silver seems to be accelerated today than yesterday.
Why gold is getting expensive
There are many global and economic reasons behind the rise in gold prices. The announcement of former President Donald Trump in the US imposing heavy tax on foreign medicines and films has increased global business tension, causing an atmosphere of fear among investors and has turned to gold as a safe investment. In addition, geopolitical reasons such as Russia-Ukraine War, the ongoing struggle in West Asia and the increasing tension between India and Pakistan have also promoted the demand for gold. Dollar weakness has also made gold expensive because investment in gold is considered more beneficial when the dollar is weak. Now the market is eyeing the upcoming meeting of the Federal Reserve of America and the decision related to the interest rates taken in it, which can decide the direction of gold prices.
How is the price of gold decided?
The price of gold in India varies due to many reasons, such as international market prices, government tax and rupee fluctuations. Gold is not only a means of investment, but also an important part of our traditions and festivals. Especially during marriage and festivals, its demand increases.
Gold Rate Today: Gold at Rs 99,750 in Delhi, gold a few steps away from 1 lakh, know why gain