Gold Rate Today: Gold prices declined on Tuesday, May 13, the second day of the week. These have declined the gold rate in the second consecutive session. The price of gold has become cheaper by about 1500 rupees compared to yesterday. Today, the rate of 10 grams 24 carat gold is trading at Rs 95,500 and 22 carat gold at 87,500. Learn here what is the price of gold and silver in big cities of the country.
Why is there a decline in the price of gold
The biggest reason behind the heavy fall in gold prices is the softening in trade relations between the US and China. The United States stopped the plan to increase duty on goods imported from China for 90 days, showing relief in trade tension in global markets. Due to this, investors withdrew money from safe investment options like gold and turned to other assets. As a result, there was a major decline in the price of gold in both national and international markets.
In addition, geopolitical developments such as ceasefire possibilities between Russia-Ukraine and lack of military tension between India and Pakistan also indicated stability in the market. This further dropped the demand for gold as gold is usually considered a safe option in the time of uncertainty. At the same time, the boom in the stock markets and the strength of the dollar also put pressure on gold prices, causing investors to sell gold by making profits.
On 13 May 2025 gold rate in Delhi-Mumbai
On Tuesday 13 May 2025, 22 carat gold in Delhi was Rs 87,650 and 24 carat gold was Rs 95,610 per 10 grams. In Mumbai, 22 carat gold is trading at Rs 87,500 and 24 carat gold at Rs 95,460 per 10 grams.
| City name | 22 carat gold rate | 24 carat gold rate |
| Delhi | 87,650 | 95,610 |
| Chennai | 87,500 | 95,460 |
| Mumbai | 87,500 | 95,460 |
| Kolkata | 87,500 | 95,460 |
| Jaipur | 87,650 | 95,610 |
| Noida | 87,650 | 95,610 |
| Ghaziabad | 87,650 | 95,610 |
| Lucknow | 87,650 | 95,610 |
| Bangalore | 87,500 | 95,460 |
| Patna | 87,500 | 95,460 |
Silver rate
On Tuesday 13 May 2025, silver is at Rs 97,900 per kg. There has been no change in the price of silver. It is trading at the price of tomorrow.
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.
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