Gold Price Today, 03 May 2026: Gold markets on May 03, 2026, show steady upward momentum across domestic and international segments. In India, prices remain elevated with 24K gold at ₹15,093 per gram, reflecting mild bullish sentiment driven by inflation concerns, currency fluctuations and global geopolitical uncertainty.
Domestic Gold Prices (India) – 03 May 2026
- 24K Gold: ₹15,093 per gram (+₹33)
- 22K Gold: ₹13,835 per gram (+₹30)
- 18K Gold: ₹11,320 per gram (+₹25)
- 24K (100g): ₹15,09,300
- Market trend: Mild upward momentum
Note: Final purchase prices at retailers will include 3% GST and additional making charges, which typically range from 5% to 25% for physical silver items.
Check City-Wise Gold Rate Today (per 10 grams)
Delhi Gold Rate Today
- 24K: ₹15,123
- 22K: ₹13,850
- 18K: ₹11,350
- Trend: Slightly higher than national average
Mumbai Gold Rate Today
- 24K: ₹15,093
- 22K: ₹13,835
- 18K: ₹11,320
- Trend: Stable pricing pattern
Chennai Gold Rate Today
- 24K: ₹15,273
- 22K: ₹14,000
- 18K: ₹11,680
- Trend: Premium pricing due to regional demand
Bangalore Gold Rate Today
- 24K: ₹15,093
- 22K: ₹13,835
- 18K: ₹11,320
- Trend: Stable with minor intraday fluctuation
Hyderabad Gold Rate Today
- 24K: ₹15,093
- 22K: ₹13,835
- 18K: ₹11,320
- Trend: Consistent retail demand
Kolkata Gold Rate Today
- 24K: ₹15,093
- 22K: ₹13,835
- 18K: ₹11,320
- Trend: Stable market movement
Kerala Gold Rate Today
- 24K: ₹15,093
- 22K: ₹13,835
- 18K: ₹11,320
- Trend: Strong seasonal buying support
Pune Gold Rate Today
- 24K: ₹15,093
- 22K: ₹13,835
- 18K: ₹11,320
- Trend: Moderate steady demand
Ahmedabad Gold Rate Today
- 24K: ₹15,103
- 22K: ₹13,840
- 18K: ₹11,330
- Trend: Slight premium pricing
Vadodara Gold Rate Today
- 24K: ₹15,103
- 22K: ₹13,840
- 18K: ₹11,330
- Trend: Stable upward bias
Jaipur Gold Rate Today
- 24K: ₹15,120
- 22K: ₹13,860
- 18K: ₹11,340
- Trend: High demand due to weddings
Lucknow Gold Rate Today
- 24K: ₹15,110
- 22K: ₹13,845
- 18K: ₹11,325
- Trend: Stable with mild rise
International Gold Rates Today
- Spot Gold: Trading around $2,320–$2,360 per ounce, showing steady consolidation
- Weekly Low: Near $2,280 (low) to $2,390 (high), reflecting moderate volatility
- Trend: Mild bullish bias supported by inflation and safe-haven demand
- Dollar impact: Strong dollar limiting upside, reducing global buying power
- Oil surge: Brent crude near $100+ per barrel, supporting inflation-linked gold demand
- Market sentiment: Cautious optimism with global investors increasing hedge positions in gold
Major Indian Gold City Rates
| City | 24K (1g) | 22K (1g) | 18K (1g) |
| Delhi | ₹15,123 | ₹13,850 | ₹11,350 |
| Mumbai | ₹15,093 | ₹13,835 | ₹11,320 |
| Noida | ₹15,123 | ₹13,850 | ₹11,350 |
| Gurugram | ₹15,123 | ₹13,850 | ₹11,350 |
| Ghaziabad | ₹15,123 | ₹13,850 | ₹11,350 |
| Faridabad | ₹15,123 | ₹13,850 | ₹11,350 |
| Chennai | ₹15,273 | ₹14,000 | ₹11,680 |
| Bangalore | ₹15,093 | ₹13,835 | ₹11,320 |
| Hyderabad | ₹15,093 | ₹13,835 | ₹11,320 |
| Kolkata | ₹15,093 | ₹13,835 | ₹11,320 |
| Pune | ₹15,093 | ₹13,835 | ₹11,320 |
| Ahmedabad | ₹15,103 | ₹13,840 | ₹11,330 |
| Vadodara | ₹15,103 | ₹13,840 | ₹11,330 |
| Jaipur | ₹15,120 | ₹13,860 | ₹11,340 |
| Lucknow | ₹15,110 | ₹13,845 | ₹11,325 |
Note: Rates are indicative retail averages and may vary by jeweller, making charges, GST and locality.
Major Countries Gold Rates To day
| Country | 24K Gold (1g) | 22K Gold (1g) | 18K Gold (1g) |
| India | ₹15,093 | ₹13,835 | ₹11,320 |
| UAE | ₹14,347 | ₹13,283 | ₹10,869 |
| USA | ₹14,407 | ₹13,649 | ₹11,165 |
| UK | ₹14,108 | ₹12,932 | ₹10,577 |
| Canada | ₹14,805 | ₹14,020 | ₹11,474 |
| Australia | ₹15,242 | ₹13,972 | ₹11,433 |
| Singapore | ₹14,899 | ₹13,589 | ₹11,118 |
| Saudi Arabia | ₹14,456 | ₹13,217 | ₹10,814 |
| Qatar | ₹14,458 | ₹13,313 | ₹10,893 |
| Oman | ₹14,400 | ₹13,440 | ₹11,003 |
| Kuwait | ₹14,405 | ₹13,141 | ₹10,753 |
| Bahrain | ₹14,206 | ₹13,227 | ₹10,818 |
| China | ₹14,039 | ₹12,869 | ₹10,529 |
| Pakistan | ₹14,092 | ₹12,917 | ₹10,569 |
| Bangladesh | ₹13,932 | ₹12,773 | ₹10,450 |
| Sri Lanka | ₹14,294 | ₹13,104 | ₹10,721 |
| Nepal | ₹15,949 | ₹14,673 | ₹11,962 |
| Japan | ₹14,231 | ₹13,043 | ₹10,672 |
| Germany | ₹13,987 | ₹12,820 | ₹10,487 |
| France | ₹13,987 | ₹12,820 | ₹10,487 |
| Russia | ₹13,940 | ₹12,780 | ₹10,456 |
| New Zealand | ₹14,120 | ₹12,939 | ₹10,586 |
Note: Rates are indicative market prices and may vary by taxes, premiums, exchange rates and local dealer charges.
Gold Rate in India (Last 10 Days – 1g)
| Date | 24K | 22K |
| May 02 | ₹15,093 | ₹13,835 |
| May 01 | ₹15,060 | ₹13,805 |
| Apr 30 | ₹15,273 | ₹14,000 |
| Apr 29 | ₹15,044 | ₹13,790 |
| Apr 28 | ₹15,093 | ₹13,835 |
| Apr 27 | ₹15,371 | ₹14,090 |
| Apr 26 | ₹15,404 | ₹14,120 |
| Apr 25 | ₹15,404 | ₹14,120 |
| Apr 24 | ₹15,404 | ₹14,120 |
| Apr 23 | ₹15,355 | ₹14,075 |
International Market Sentiment & Key Drivers
- Inflation expectations support long-term gold demand
- US dollar strength limits short-term upside
- Geopolitical tensions increase safe-haven buying
- Central bank gold reserves remain elevated
Domestic Market Sentiment & Key Drivers
- Wedding season demand boosting physical purchases
- Rising inflation keeps investor interest high
- Retail demand stable across major cities
- Import duty and rupee movement affecting pricing
Oil & Inflation
- Crude oil trades around $100–$116 per barrel while Brent up nearly +80% year-on-year in some sessions
- Energy prices expected to rise 24% in 2026, driven by geopolitical conflict and supply disruptions
- Inflation pressure rising globally with some forecasts near 4%+ headline inflation risk in major economies
- Oil-driven logistics costs increasing, pushing food inflation above 9% in key regions
- Strait of Hormuz disruptions tightening supply, adding 6+ million barrels/day market deficit risk
- Rising crude prices directly increasing transport, fuel and manufacturing costs
- Inflation trend shifting from temporary shock to persistent cost pressure cycle
- Central banks closely monitoring oil as a key driver of interest rate policy decisions
MCX Performance
- Gold futures showing mild upward consolidation
- Volatility remains moderate
- Traders adopting short-term cautious positioning
- MCX gold trades around ₹1,51,800–₹1,53,000 per 10g
- Daily range with ₹1,50,100 to ₹1,53,900
- Weekly trend with1.5%–2% correction after recent highs
- Market outlook sideways to mildly bullish
- Volatility driven by US dollar strength and global inflation
- Open interest with 20,000–35,000 lots active trading
- Sentiment are cautious with frequent intraday swings
Gold ETF Performance (2025–2026)
| Segment | Performance Indicator | Value |
| Global Gold ETFs | Annual inflows (2025) | $89 billion |
| Global AUM | Total assets under management | $559 billion |
| Global Holdings | Total gold held | 4,025 tonnes |
| India Gold ETFs | FY26 inflows | ₹1.8 lakh crore+ |
| India Gold ETF AUM | Growth (2025–2026) | ₹59,000 cr → ₹1.71 lakh cr |
| Monthly Peak (India) | Highest inflow month | ₹24,040 crore (Jan 2026) |
| Global ETF Holdings Growth | Yearly increase | +801 tonnes |
| Return Performance | Gold ETF returns | Up to 61% (2025–26 cycle) |
| India Market Share | Global ETF contribution | 32% (Q1 2026) |
Key Investment Metrics
- Safe-haven demand increasing
- Inflation hedge strength intact
- Currency volatility supporting prices
- Central bank buying stable
Physical Gold vs Gold ETFs
|
Factor |
Physical Gold |
Gold ETFs |
|
Form |
Coins, bars, jewellery |
Digital units backed by gold |
|
Current Value (India) |
₹15,093 per gram (24K) |
Linked to same spot price (~₹15,090 per unit equivalent) |
|
Storage Cost |
High (locker, security) |
None |
|
Liquidity |
Moderate (depends on buyer) |
High (traded on stock exchange) |
|
Risk Factor |
Theft, purity concerns |
Market volatility only |
|
Expense Ratio |
None, but making charges 5–12% |
0.3%–1% annually |
|
Minimum Investment |
From 1 gram (~₹15,000) |
From 1 unit (~₹100–₹200 approx) |
|
Returns (2025–26 trend) |
~8–10% yearly appreciation |
~9–11% yearly (tracking gold index) |
|
Taxation |
Capital gains + GST on purchase |
Capital gains tax (no GST) |
|
Best For |
Jewellery buyers, long-term holders |
Investors seeking liquidity & low cost |
Market Summary
Gold remains in a steady bullish zone with controlled volatility with global uncertainty, inflation and currency shifts continue to support long-term demand across both physical and ETF segments.
Can Gold Prices Rise Again?
- Inflation remains key driver
- Geopolitical tensions support demand
- Central bank buying continues
- Dollar weakness may trigger upside
Yes, gold prices can rise again. In 2026, 24K gold at ₹15,093 per gram shows steady strength, supported by inflation, geopolitical risks and central bank buying while experts note a 40–45% yearly gain trend and forecasts suggest continued upside if dollar weakens and crude oil-driven inflation persists.
Key Considerations for Buyers
- Track daily price movements
- Consider long-term investment horizon
- Monitor global inflation trends
- Compare physical vs ETF options carefully
ALSO READ: Gold Rate Today [01 May, 2026]: Gold Rates Edges Lower to $4,624, Inflation Fears Weigh; Domestic Rates Surges to ₹1.53 Lakh/10g | Check City-Wise Price of 24K, 22K & 18K
Disclaimer: Gold rates are indicative and exclude GST/TCS/levies. Final purchase prices include 3% GST and making charges. Please verify with local jewellers for exact pricing.
