Gold Rate Today: What's The Price Of Gold In Delhi, Bengaluru & Mumbai Today As Gold Rates Drop

Gold prices edged lower across key Indian metros on Friday, tracking weakness in international markets and a dip in demand for safe-haven assets. The retreat was driven by a combination of easing geopolitical tensions, a stronger US dollar, and shifting investor appetite towards equities and other high-yielding assets—all of which have taken the shine off yellow metal this week. 
Traders and jewellers reported a softer tone in the market, as prices cooled following a recent surge. 

City-wise rates today

In Delhi, the price of 24-carat gold stood at Rs 95,280 for 10 grams, while 22-carat gold was retailing at Rs 87,350. Mumbai, often seen as a benchmark for national pricing, recorded 24-carat gold at Rs 93,513 and 22-carat gold at Rs 87,200 per 10 grams. 

Meanwhile, in Bengaluru, 24-carat gold was quoted at Rs 95,130, with 22-carat at Rs 87,200 for the same quantity. These rates are subject to slight variation depending on individual jewellers, local levies, and hallmarking charges.

Also Read: Will Gold Prices Touch Rs 3,500 Per Ounce In The Long Run? | Republic World

Gold prices yesterday

Gold, the traditional safe-haven asset, has seen a sharp correction from its record highs, slipping to US$ 3,140—well below the April peak of US$ 3,500. This marks a decline of nearly 10%, reflecting shifting investor sentiment in the global financial landscape.

On Thursday, the yellow metal extended its losses, dropping over 2% from the previous session to hit a five-week low. The pullback comes amid easing global tensions, which has tempered demand for safe-haven investments typically sought during periods of economic uncertainty or geopolitical unrest.

What’s driving gold prices in India?

Global geopolitical cues continue to play a major role in shaping domestic gold prices. Recent comments by US President Donald Trump, indicating ongoing negotiations with South Korea, Japan, and India, alongside a temporary trade truce with China aimed at reducing tariffs over the next 90 days, have helped cool down global trade friction.

Closer to home, a thaw in Indo-Pak relations and optimism around Trump potentially easing sanctions on Syria during his Middle East tour have further reduced geopolitical risk, weakening gold’s appeal as a protective hedge.
Additionally, softer-than-expected inflation data from the U.S. has bolstered hopes for a potential rate cut by the Federal Reserve. Such a move would typically support non-interest-bearing assets like gold, but for now, the broader market sentiment appears tilted toward riskier, high-yield investments.

What Should Buyers Do Now?

Retail investors and jewellery buyers may view the current dip as a window of opportunity—especially ahead of the wedding season and festive buying cycles. However, experts advise keeping an eye on global cues and central bank commentary before making large investments.