Gold Rate Today [06 May, 2026]: Gold Rates Edges Lower to $4,557, Inflation Fears Weigh; Domestic Rates Surges to ₹1.50 Lakh/10g | Check City-Wise Price of 24K, 22K & 18K

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Gold Price Today, 06 May 2026: Gold markets opened steady in India on 06 May 2026, with prices reflecting a mix of global uncertainty, currency movement, and inflation hedging demand. Domestic bullion remains sensitive to geopolitical stress and crude oil fluctuations, while investors continue to treat gold as a defensive asset amid volatile global conditions.

Domestic Gold Prices (India) – 06 May 2026

• 24K Gold: ₹14,918 per gram ▼₹44
• 22K Gold: ₹13,675 per gram ▼₹40
• 18K Gold: ₹11,189 per gram ▼₹33
• Trend: Mild correction after recent volatility
• Demand outlook: Stable in retail and wedding segments

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: ₹14,923
• 22K: ₹13,690
• 18K: ₹11,204
• Slight premium over national average due to local demand

Mumbai Gold Rate Today

• 24K: ₹14,918
• 22K: ₹13,675
• 18K: ₹11,189
• Stable pricing aligned with national benchmark

Chennai Gold Rate Today

• 24K: ₹15,077
• 22K: ₹13,820
• 18K: ₹11,530
• Higher southern demand keeps prices elevated

Bangalore Gold Rate Today

• 24K: ₹14,918
• 22K: ₹13,675
• 18K: ₹11,189
• Flat trend with steady buying interest

Hyderabad Gold Rate Today

• 24K: ₹14,918
• 22K: ₹13,675
• 18K: ₹11,189
• Consistent with Mumbai benchmark

Kolkata Gold Rate Today

• 24K: ₹14,918
• 22K: ₹13,675
• 18K: ₹11,189
• Stable demand-driven pricing

Kerala Gold Rate Today

• 24K: ₹14,918
• 22K: ₹13,675
• 18K: ₹11,189
• Strong retail demand supports consistency

Pune Gold Rate Today

• 24K: ₹14,918
• 22K: ₹13,675
• 18K: ₹11,189

Ahmedabad Gold Rate Today

• 24K: ₹14,923
• 22K: ₹13,680
• 18K: ₹11,194

Vadodara Gold Rate Today

• 24K: ₹14,923
• 22K: ₹13,680
• 18K: ₹11,194

Jaipur Gold Rate Today

• 24K: ₹14,918
• 22K: ₹13,675
• 18K: ₹11,189

Lucknow Gold Rate Today

• 24K: ₹14,918
• 22K: ₹13,675
• 18K: ₹11,189

International Gold Rates Today

• Spot Gold: $4,550/oz
• Weekly Trend: Mild bullish momentum
• Dollar impact: Strong USD limiting upside
• Oil impact: Rising crude supports inflation hedge demand
• Market tone: Volatile but structurally supported
• Key Stats

• • Open: 4,520.9102
  • Prev Close: 4,520.3999

Major Indian Gold City Rates 

Note: Rates are indicative retail averages and may vary by jeweller, making charges, GST and locality.

Major Countries Gold Rates Today 

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

International Market Sentiment

• Inflation fears remain elevated
• Geopolitical tensions supporting safe-haven demand
• Dollar strength limiting upside
• Oil volatility increasing hedging demand

Domestic Market Sentiment

• Metro cities overall remain tightly aligned, showing a narrow price band of ₹14,900–₹15,100 for 24K gold.
• Wedding season demand steady
• Retail buying moderate
• ETF inflows stable
• No panic buying observed

Oil & Inflation

• Oil prices rose about 6% during recent geopolitical tensions
• Strait of Hormuz handles nearly 20% of global oil supply
• Crude volatility can add 0.3%–0.5% to global inflation forecasts
• Energy makes up 30%–40% of inflation baskets in many economies
• A 10% rise in oil can lift India’s inflation by 0.3%–0.4%
• Transport costs contribute nearly 14% to India’s CPI inflation
• Oil spikes often push investors toward safe-haven assets like gold
• Price shocks in crude increase overall market uncertainty and volatility

MCX Performance

• Gold futures: ₹1,53,100 per 10g (+0.17%)
• Volume: 74 lots
• Trend: Mild upward bias with volatility

Gold ETF Performance (2025–2026)

Key Investment Metrics

• Support level: ₹14,500–₹14,600
• Resistance: ₹15,200–₹15,400
• Volatility: Moderate
• Demand: Inflation-driven

Physical Gold vs Gold ETFs 

Market Summary

• Prices slightly lower day-on-day
• Global tensions supporting base demand
• ETF inflows stable
• No major sell-off pressure

Can Gold Prices Rise Again?

• Yes, if inflation persists
• Geopolitical risks remain high
• Dollar weakness could trigger upside
• Central bank buying continues globally

Key Considerations for Buyers

• Buy in dips for long-term holding
• Track USD and oil movements
• Prefer ETFs for liquidity
• Avoid panic buying during spikes

How to Calculate Gold Price

Step 1: Check purity of gold

• 24K = 99.9% pure gold
• 22K = 91.6% pure gold
• 18K = 75% pure gold

Step 2: Note current market rate

• Example: 24K gold = ₹14,918 per gram
• Rates change daily based on global market

Step 3: Decide weight of gold

• Measure in grams (e.g., 5g, 10g, 50g)
• Jewellery weight includes design + wastage

Step 4: Basic formula

• Gold Value = (Gold Rate per gram × Weight)
• Example: ₹14,918 × 10g = ₹1,49,180

Step 5: Add making charges

• Usually 5% to 25% depending on jewellery design
• Handcrafted jewellery = higher charges

Step 6: Add GST

• GST is 3% on total value (gold + making charges)

Step 7: Final price calculation

• Final Cost = Gold Value + Making Charges + GST

Step 8: Compare before buying

• Check rates across jewellers
• Compare hallmark certification and purity