Gold prices across India witnessed an upward trend on May 13, 2026, with both 22-carat and 24-carat gold experiencing increases compared to the previous session. According to reports from The Hindu BusinessLine, the price rise was observed across all major cities including Mumbai, Delhi, Chennai, Hyderabad, Ahmedabad, Kolkata, and Bengaluru, indicating a broad-based market movement. The Indian Bullion Association (IBA) confirmed that retail gold prices in India remained elevated on May 13, with 24-carat gold priced at ₹161,410 per 10 grams and 22-carat gold at ₹147,959 per 10 grams.
The average price for 22-carat gold in India today is ₹15,440 per gram, marking an increase of ₹1,275. For 8 grams, the price stands at ₹1,23,520, up by ₹10,200. The 24-carat gold price stands at ₹16,212 per gram (up by ₹1,339) and ₹1,29,696 for 8 grams (up by ₹10,712). As reported by The Hindu BusinessLine, these figures represent the national benchmark for gold pricing across Indian markets. According to the Indian Bullion Association, 24-carat gold is priced at ₹161,410 per 10 grams and 22-carat gold at ₹147,959 per 10 grams.
Mumbai maintains the same pricing structure as the national average, with 22-carat gold at ₹15,440 per gram and 24-carat gold at ₹16,212 per gram. Chennai shows slightly lower rates with 22-carat gold at ₹15,400 per gram (up ₹1,070) and 24-carat gold at ₹16,170 per gram (up ₹1,123). Hyderabad follows the same pattern with 22-carat gold at ₹15,400 per gram and 24-carat gold at ₹16,170 per gram. Delhi shows slightly higher rates with 22-carat gold at ₹15,490 per gram and 24-carat gold at ₹16,265 per gram. Ahmedabad and Kolkata also reflect the national trend with similar pricing structures across both gold categories.
Bengaluru shows the highest pricing among major cities with 22-carat gold at ₹15,500 per gram and 24-carat gold at ₹16,275 per gram. Kolkata commands premium rates with 22-carat gold at ₹15,540 per gram and 24-carat gold at ₹16,317 per gram. According to the latest data, Hyderabad shows 24-carat gold at ₹162,610 per 10 grams and 22-carat gold at ₹149,059 per 10 grams. Ahmedabad is priced at ₹161,950 for 24-carat and ₹148,450 for 22-carat gold. These regional variations reflect local market dynamics and supply-demand conditions across different cities in India.
Silver prices have experienced a significant surge, with MCX Silver contracts for July 3 delivery jumping 6.42% to ₹2,96,984 per kilogram. The current silver price in Delhi stands at ₹295.72 per gram and ₹2,95,720 per kilogram, while Chennai commands a premium at ₹297.57 per gram and ₹2,97,570 per kilogram. Bengaluru shows ₹296.94 per gram and ₹2,96,940 per kilogram, Mumbai at ₹296.03 per gram and ₹2,96,030 per kilogram, and Kolkata at ₹295.84 per gram and ₹2,95,840 per kilogram. Silver has significantly outperformed gold in percentage terms due to rising industrial demand and sharp currency fluctuations, with prices now trading above ₹2.9 lakh per kilogram in India. Analysts attribute this rally to the US dollar weakening and crude oil prices easing following US President Donald Trump extending the ceasefire with Iran.
