Today’s Average Rates (Per 10 Grams)

According to market experts, the average prices for different purities are as follows:

• 24 Carat Gold: ₹1,52,130 (99.9% Purity)
• 22 Carat Gold: ₹1,39,450 (Most popular for jewelry)
• 18 Carat Gold: ₹1,14,100 (Preferred for diamond-studded ornaments)

City-Wise Gold Rates (Per Gram)

Gold prices vary across cities due to local taxes, octroi, and transportation costs. Here are today’s approximate rates:

Key Factors Driving the Price Change

Several global and domestic factors influence the daily movement of gold prices:

1. International Market Trends: Fluctuations in global gold spot prices and the US Dollar Index.
2. Currency Value: The exchange rate of the Indian Rupee (INR) against the US Dollar (USD).
3. Central Bank Policies: Monetary policies and gold reserves maintained by the Reserve Bank of India (RBI).
4. Wedding Season Demand: High demand during the Indian wedding and festival seasons often pushes prices upward.

Expert Advice for Buyers

Market analysts suggest that for those looking at gold as an investment rather than for personal use, Sovereign Gold Bonds (SGB) or Gold ETFs remain superior options. These digital formats eliminate concerns regarding storage, security, and making charges.

Disclaimer: The gold rates mentioned in this report are indicative and compiled from various reliable sources. Gold prices are subject to change throughout the day based on market volatility. These rates do not include making charges, GST, or other local levies. Please confirm the final rates with your nearest certified jeweler or official bullion market before making a purchase.

The post Gold Price Today (May 12, 2026): Slight Dip in Prices Across Major Indian Cities; Check Latest 22K & 24K Rates appeared first on Mission Ki Awaaz.