Gold Rates Today: There is good news for gold and silver lovers. Gold and silver prices fell again today (May 2, 2025). In this sequence, now theprice of 24carat gold has come down by Rs 2,363 per kg. From the level of Rs 93,339. 1 lakh. Let us now know what those details are.
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Good news for gold lovers. Because on May 2, 2025, the prices of gold and silver will start falling again in the country. The prices of these metals, which have been rising for the last few days, have now given us some relief. Experts say that changes in the international market are the main reason behind this fall in price.
International developments, especially the reduction in trade tensions between the US and China and the emergence of opportunities for peace talks in the Russia-Ukraine war, have led to a decline in prices. Apart from this, the strengthening of the US dollar has reduced the demand for safe investments like gold.
Gold and silver prices in major cities of the country according to the Good Returns website (Gold Rates Today)
- Hyderabad: 10 grams of 24-carat gold costs Rs. 125. 95,720 and one kg of silver costs Rs. 95,720. 1,06,900.
- Delhi: 10 grams of 22-carat gold costs Rs. 10. 24-carat gold costs Rs. 87,890. 95,870 and silver costs Rs. 95,870. 97,900 per kg.
- Mumbai: 10 grams of 24-carat gold costs Rs. 95,720 and one kg of silver costs Rs. 95,720. 97,900.
- Chennai: 10 grams of 22-carat gold costs Rs. 87,740. 24-carat gold costs Rs. 95,720 and silver costs Rs. 95,720. 1,06,900 per kg.
- Vijayawada: The price of 10 grams of 24 carat gold is Rs. 95,720 and one kg of silver is Rs. 1,06,900.
- These prices vary depending on local taxes and excise duty.
Jaipur. The phase of change in the prices of gold and silver continues. The prices of both precious metals have been falling continuously since Akshaya Tritiya. Today, there has been a huge fall in the prices of gold and silver. Due to this, common people have got some relief. Jewelers Puranmal Soni said that the wedding season is going on right now, so the common people have got some relief due to the reduction in the prices of gold and silver. Let us tell you that, a few days ago, the prices of precious metals had crossed one lakh rupees.
Gold had broken all the records of price increase. Jaipur Sarafa Traders Company has released the update of the prices of both today. Today there has been a change in them, if you are thinking of buying gold and silver jewelry from Jaipur Sarafa Market today, then before that definitely know the rate of Sarafa Bazaar, today on May 2, these are the prices of gold and silver.
Reasons for fall in prices
According to financial analysts, the Federal Reserve’s postponement of interest rate cuts and the global gold price reaching $2,500 an ounce also led to a fall in prices. Although there was a lot of buying of gold during Akshaya Tritiya, the fall in prices showed enthusiasm among buyers. On this occasion, companies like jewelers offered discounts up to 25 percent, which also increased the demand in the market.
Is now the right time?
This is a good opportunity for those who want to buy gold at this time when prices have fallen. But experts say that it is also a good idea to consider whether prices are likely to fall further. However, it is said that gold is always safe as a long-term investment. International political and economic conditions contributed to this change.
Many factors, including the impact of the international market and the weak dollar, are contributing to the fall in gold prices in the country. Apart from this, factors such as reduction in duty on gold imports and increase in gold reserves will also play an important role in reducing these rates.
Gold and silver prices fell
There has been no change in the price of gold and silver in Jaipur bullion market today. Today the price of pure gold has fallen by Rs 2000. After this, its price has now become Rs 96,300 per ten grams. Apart from this, the price of jewellery gold has also come down by Rs 2100 today, after which its price has become Rs 89,400 per ten grams. At the same time, after the fall of Rs 700 in the price of silver yesterday, now its price has come down by Rs 1700. Let us tell you that after a long time, there has been a record-breaking fall in gold and silver together. After this fall, now the silver price has become Rs 96,800 per kg.
More demand for silver than gold
Jeweler Puranmal Soni said that auspicious works are going on right now, due to which the market has again become vibrant. Due to the wedding season, the demand for gold and silver jewellery is less than the last season. Jewelers said that this season the demand for silver is higher than that of gold. In the coming days, the prices of gold and silver will sometimes rise and sometimes fall.
