Gold Silver Price Today: Gold and silver became cheaper, know the latest prices of 24K, 22K, 18K gold on May 4…

Business Desk – Gold Silver Price Today: Today’s fall in gold and silver prices can prove to be a great opportunity for buyers during the ongoing wedding season. On May 4, 2026 (Monday), gold prices on the Multi Commodity Exchange of India (MCX) closed at Rs 151,083 per 10 grams, while silver closed at Rs 251,194 per kg. Today, from America to India, a downward trend is being seen in all the futures markets. The situation remains similar in the domestic bullion markets also.

How much have prices fallen on MCX?

On Friday, gold prices on MCX had closed at Rs 151,363 per 10 grams, and silver at Rs 251,000 per kg. Today, a decline was seen in gold at the beginning of trading on MCX, while silver showed a slight rise in the beginning, but later it started falling again, due to which its price fell to Rs 250,730 per kg.

A shopping opportunity amid the fall wedding season

Wedding season is going on in India right now. In such a situation, the demand for gold and silver usually increases. Families where weddings are taking place often have to go shopping. Even if they have to pay higher prices for it. As a result, the decline seen in the bullion market today is proving to be a great buying opportunity for investors. Today, the prices of gold and silver have fallen in many big cities like Delhi, Mumbai, Kolkata and Chennai.

silver prices today

Last week, silver prices had registered a rise of around ₹5,000. However, since the beginning of this week, there are signs of decline in the commodity market. Although the prices of precious metals like gold and silver may go up in the long run, their short-term movements depend on the changing conditions in the global market.

Silver is still trading at Rs 169,270 below its highest record level of Rs 420,000. Today, major cities of India include Delhi, Mumbai, Kolkata, Bengaluru and Hyderabad. The price of 1 kg silver has reached Rs 2,65,000. Meanwhile, the price of silver in Chennai is Rs 2,69,900 per kg.

Today, slight fluctuations are being seen in the prices of gold in major cities of the country. The price of 24-carat gold in Delhi is Rs 1,51,130 per 10 grams, while 22-carat gold is being sold at Rs 1,38,500 and 18-carat gold is being sold at Rs 1,13,500.

In Mumbai, the price of 24-carat gold was recorded at Rs 1,50,930 per 10 grams. Here, the price of 22-carat gold is Rs 1,38,350 and the price of 18-carat gold is Rs 1,13,200. Similarly, in Bhopal, 24-carat gold is available at Rs 1,51,030, 22-carat gold at Rs 1,38,400 and 18-carat gold at Rs 1,13,300 per 10 grams.

Even in major cities of South India, gold prices remain at almost the same level. In Hyderabad, 24-carat gold is at Rs 1,50,930, 22-carat gold is at Rs 1,38,350 and 18-carat gold is at Rs 1,13,200. However, gold prices are slightly higher in Chennai. Here 24-carat gold has been recorded at Rs 1,52,720, 22-carat gold at Rs 1,39,990 and 18-carat gold at Rs 1,16,790 per 10 grams.

In Kolkata, the price of 24-carat gold is Rs 1,50,930, 22-carat gold is Rs 1,38,350, 18-carat gold is Rs 1,13,200. Prices are almost the same in Bengaluru, where 24-carat gold is being sold at Rs 1,50,930, 22-carat gold at Rs 1,38,350 and 18-carat gold at Rs 1,13,200 per 10 grams.