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Gold and Silver Rates in India Today, May 30: In Mumbai, the price of 24-carat gold stands at Rs 1,57,650 per 10 grams, while 22k gold is available at Rs 1,44,510 per 10 grams.
Gold and silver prices today, May 30.
Gold and Silver Rates in India Today, May 30: Gold and silver prices appreciate on Saturday, on the back of firm global trends amid optimism over a preliminary US-Iran deal and expectations of seasonal demand in the domestic market. In Mumbai, the price of 24-carat gold stood at Rs 1,57,650 per 10 grams, while 22k gold was available at Rs 1,44,510 per 10 grams. These rates do not include GST and making charges.
The Multi Commodity Exchange of India (MCX) remained closed on Saturday.
What Is The Price Of 22kt, 24kt Gold Today In India Across Key Cities On May 30?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,44,660 | Rs 1,57,800 |
| Jaipur | Rs 1,44,660 | Rs 1,57,800 |
| Ahmedabad | Rs 1,44,560 | Rs 1,57,700 |
| Pune | Rs 1,44,510 | Rs 1,57,650 |
| mumbai | Rs 1,44,510 | Rs 1,57,650 |
| Hyderabad | Rs 1,44,510 | Rs 1,57,650 |
| Chennai | Rs 1,44,510 | Rs 1,57,650 |
| Bengaluru | Rs 1,44,510 | Rs 1,57,650 |
| Kolkata | Rs 1,44,510 | Rs 1,57,650 |
In the international market, spot gold gained 1.34 per cent to $4,593.00 per ounce, whereas silver traded marginally lower by 0.05 per cent at $75.88 per ounce.
According to reports, the US and Iran have agreed to a preliminary understanding that would extend the ceasefire by 60 days.
As part of the proposed memorandum of understanding, Iran is expected to normalise traffic through the Strait of Hormuz within 30 days, while both countries are likely to continue discussions on contentious issues, including Tehran’s nuclear stockpile and uranium enrichment, during the ceasefire period.
However, the final text of the agreement is still awaited, with neither US President Donald Trump nor Iran’s Supreme Leader Mojtaba Khamenei publicly commenting on the deal so far.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
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