Gold Silver Prices Today: 24K Gold Falls Again, Silver Remains At Rs 2.75 Lakh/kg
Home BusinessGold Silver Prices Today: 24K Gold Falls Again, Silver Remains At Rs 2.75 Lakh/kg

Gold Silver Prices Today: 24K Gold Falls Again, Silver Remains At Rs 2.75 Lakh/kg

Gold and silver prices remained under pressure on May 11, 2026, as a stronger US dollar, rising crude oil prices, and PM Narendra Modi’s appeal to avoid unnecessary gold buying impacted bullion market sentiment.

by Tamanna

Gold Silver Prices Today continued to remain under pressure on Monday, May 11, 2026, as bullion markets witnessed sustained profit booking following recent geopolitical rallies. Gold prices declined further across 24K, 22K, and 18K categories, while silver prices stayed unchanged for the third consecutive trading session after witnessing a sharp surge earlier.

The latest correction in Gold Silver Prices Today comes amid a stronger US dollar and rising crude oil prices, both of which negatively impacted bullion sentiment on the Multi Commodity Exchange (MCX) during early Monday trade.

Market mood also turned cautious after Prime Minister Narendra Modi reportedly urged citizens to avoid unnecessary gold purchases as the government deals with the economic pressure caused by rising global crude oil prices and ongoing Iran-US geopolitical tensions.

Over the last three trading sessions, 24 Karat gold prices have fallen sharply by Rs 8,700 per 100 grams, marking one of the steepest short-term corrections in recent weeks. The decline follows a strong rally in bullion prices that had earlier been driven by safe-haven demand amid global uncertainties.

Gold Rate Today: Latest 22K, 24K & 18K Gold Prices in India

24 Karat Gold Rate Today

According to the latest Gold Silver Prices Today data, the price of 24K gold declined by Rs 22 per gram to Rs 15,213 from the previous session’s Rs 15,235.

  • 8 grams of 24K gold: Rs 1,21,704
  • 10 grams of 24K gold: Rs 1,52,130
  • 100 grams of 24K gold: Rs 15,21,300

The 10-gram rate alone slipped by Rs 220 compared to the previous trading session.

22 Karat Gold Rate Today

22K gold prices also witnessed a decline of Rs 20 per gram and are currently trading at Rs 13,945 per gram.

  • 8 grams of 22K gold: Rs 1,11,560
  • 10 grams of 22K gold: Rs 1,39,450
  • 100 grams of 22K gold: Rs 13,94,500

This marks a Rs 2,000 decline in 100 grams of 22K gold compared to the previous session.

18 Karat Gold Rate Today

18K gold prices also moved lower as bullion markets remained weak.

  • 1 gram of 18K gold: Rs 11,410
  • 8 grams of 18K gold: Rs 91,280
  • 10 grams of 18K gold: Rs 1,14,100
  • 100 grams of 18K gold: Rs 11,41,000

The continued correction in Gold Silver Prices Today reflects cautious investor sentiment in the domestic bullion market.

Also read  : Gold Silver Price Today 2026: Gold Prices Ease in Major Cities, Silver Rallies Strong

Silver Rate Today in India

Silver prices remained unchanged despite volatility in the broader commodity market.

  • 1 gram silver price: Rs 275
  • 8 grams silver price: Rs 2,200
  • 10 grams silver price: Rs 2,750
  • 100 grams silver price: Rs 27,500
  • 1 kilogram silver price: Rs 2,75,000

Silver prices have now remained stable for three straight sessions after witnessing a sharp Rs 10,000 jump per kilogram in the previous trading session.

Gold Silver Prices Today May Remain Volatile Amid Global Uncertainty

Experts believe bullion markets may continue to witness volatile movement in the coming days depending on geopolitical developments and global commodity trends.

Pranav Mer, Vice President, EBG – Commodity & Currency Research at JM Financial Services, said that gold prices currently appear consolidative, while silver may continue showing positive momentum in the coming week.

According to analysts, traders are closely monitoring developments related to Iran-US peace discussions, as any breakthrough or escalation could significantly influence Gold Silver Prices Today and overall safe-haven demand globally.

( Disclaimer:  The views and recommendations mentioned in this article are those of individual analysts and market experts. Investors are advised to consult certified financial advisors before making any investment decisions related to gold, silver, or other financial assets)

You may also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More