Gold Rate Today [31 May, 2026] LIVE Updates: US Gold Rates Edges Lower to $4,535 Amid US-Iran War; Domestic Rates Above ₹1.57 Lakh/10g | Check City-Wise Price of 24K, 22K, 18K

Gold Price Today 31 May 2026: International spot gold at $4,535.82/oz, slides while Domestic 24K gold drops to ₹1.57 lakh/10g in Delhi, Mumbai, Chennai. US-Iran blockade, inflation fears weigh. Get city-wise 24K, 22K & 18K gold rates. Gold ETF performance & investment insights inside.

By: Amreen Ahmad
Last Updated: May 31, 2026 08:08:23 IST

LIVE Gold Price Today: Gold continues to dominate investor attention in 2026 as persistent inflation concerns, geopolitical tensions and volatile equity markets strengthen demand for safe-haven assets while the precious metal has delivered strong returns over the past year, outperforming several traditional investment avenues.

As of 31 May 2026, Delhi’s 24K gold price stands at ₹15,719 per gram, while international spot gold trades near US $4,535.82 per ounce while analysts note that inflationary pressures, central bank purchases and uncertainty across global markets continue to support bullion prices despite periodic corrections.

LIVE Gold Price Today | Domestic Gold Prices (India) – 31 May 2026

  • 24K Gold: ₹15,719 per gram
  • 22K Gold: ₹14,410 per gram
  • 18K Gold: ₹11,793 per gram
  • Gold remains over 40% higher than comparable levels seen two years ago
  • Investor demand remains robust amid market volatility
  • Jewellery demand remains steady despite elevated prices
  • Hallmarked gold continues to dominate retail purchases
  • Safe-haven buying remains the primary driver

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.

LIVE Gold Price Today | Tanishq, IBJA & Major Jewellers (31 May 2026)

Jeweller / Source 24K Gold (per gram) 22K Gold (per gram) 18K Gold (per gram) 24K Gold (10g) 22K Gold (10g) 18K Gold (10g)
Tanishq ₹15,753 ₹14,440 ₹11,815 ₹1,57,530 ₹1,44,400 ₹1,18,150
Mia by Tanishq ₹15,753 ₹14,440 ₹11,815 ₹1,57,530 ₹1,44,400 ₹1,18,150
Joyalukkas ₹15,775 ₹14,450 ₹11,831 ₹1,57,750 ₹1,44,500 ₹1,18,310
Malabar Gold & Diamonds ₹15,775 ₹14,450 ₹11,831 ₹1,57,750 ₹1,44,500 ₹1,18,310
Kalyan Jewellers ₹15,829 ₹14,510 ₹11,872 ₹1,58,290 ₹1,45,100 ₹1,18,720
Indian Bullion and Jewellers Association (IBJA) Market-linked Market-linked Market-linked Around ₹1.56 lakh+ Around ₹1.44 lakh+ Market-linked

Note: Final rates vary depending on making charges and GST.

Check City-Wise Gold Rate Today (per 10 grams)

Delhi Gold Rate Today

  • 24K Gold: ₹15,719 per gram
  • 22K Gold: ₹14,410 per gram
  • 18K Gold: ₹11,793 per gram
  • Delhi prices remained unchanged from the previous session
  • Safe-haven demand continues supporting bullion prices

Mumbai Gold Rate Today

  • 24K Gold: ₹15,704 per gram
  • 22K Gold: ₹14,395 per gram
  • 18K Gold: ₹11,781 per gram
  • Prices remain supported by investment demand
  • Retail jewellery buying remains stable

Chennai Gold Rate Today

  • 24K Gold: ₹15,760 per gram
  • 22K Gold: ₹14,450 per gram
  • 18K Gold: ₹11,826 per gram
  • Wedding-season purchases continue supporting demand
  • Gold remains a preferred household investment

Bangalore Gold Rate Today

  • 24K Gold: ₹15,709 per gram
  • 22K Gold: ₹14,400 per gram
  • 18K Gold: ₹11,785 per gram
  • Digital gold and ETF participation continue rising
  • Retail demand remains healthy

Hyderabad Gold Rate Today

  • 24K Gold: ₹15,735 per gram
  • 22K Gold: ₹14,425 per gram
  • 18K Gold: ₹11,805 per gram
  • Strong jewellery demand continues
  • Hallmarked gold dominates purchases

Kolkata Gold Rate Today

  • 24K Gold: ₹15,714 per gram
  • 22K Gold: ₹14,405 per gram
  • 18K Gold: ₹11,789 per gram
  • Retail buying remains resilient
  • Prices track international bullion movements

Kerala Gold Rate Today

  • 24K Gold: ₹15,770 per gram
  • 22K Gold: ₹14,460 per gram
  • 18K Gold: ₹11,835 per gram
  • Kerala continues among India’s largest gold-consuming markets
  • Wedding and festive demand remain strong

Pune Gold Rate Today

  • 24K Gold: ₹15,706 per gram
  • 22K Gold: ₹14,398 per gram
  • 18K Gold: ₹11,782 per gram
  • ETF and bullion demand remain positive
  • Investors continue allocating to gold for diversification

Ahmedabad Gold Rate Today

  • 24K Gold: ₹15,695 per gram
  • 22K Gold: ₹14,385 per gram
  • 18K Gold: ₹11,774 per gram
  • Trading activity remains healthy
  • Investor participation continues rising

Vadodara Gold Rate Today

  • 24K Gold: ₹15,692 per gram
  • 22K Gold: ₹14,382 per gram
  • 18K Gold: ₹11,772 per gram
  • Jewellery demand remains steady
  • Market sentiment remains positive

Jaipur Gold Rate Today

  • 24K Gold: ₹15,728 per gram
  • 22K Gold: ₹14,418 per gram
  • 18K Gold: ₹11,799 per gram
  • Wedding demand supports prices
  • Gold remains a preferred long-term asset

Lucknow Gold Rate Today

  • 24K Gold: ₹15,721 per gram
  • 22K Gold: ₹14,412 per gram
  • 18K Gold: ₹11,794 per gram
  • Traditional buying patterns remain strong
  • Retail jewellery demand remains stable

International Gold Rates Today

  • Spot Gold: US$4,535.82 per ounce
  • Weekly Low: Near recent support levels
  • Trend: Mild bullish momentum
  • Inflation concerns supporting prices
  • Geopolitical uncertainty boosting safe-haven demand
  • Strong US dollar limiting aggressive upside

LIVE Gold Price Today | Gold Price per Ounce

  • Spot Gold: US$4,535.82/oz
  • Open: $4,535.82
  • Day High: $4,535.82
  • Day Low: $4,535.82
  • Previous Close: $4,535.82

Major Indian Gold City Rates: 24K, 22K & 18K

City 24K Gold (1g) 22K Gold (1g) 18K Gold (1g) 24K Gold (10g) 22K Gold (10g) 18K Gold (10g)
Delhi ₹15,719 ₹14,410 ₹11,793 ₹1,57,190 ₹1,44,100 ₹1,17,930
Mumbai ₹15,704 ₹14,395 ₹11,781 ₹1,57,040 ₹1,43,950 ₹1,17,810
Chennai ₹15,760 ₹14,450 ₹11,826 ₹1,57,600 ₹1,44,500 ₹1,18,260
Bangalore ₹15,709 ₹14,400 ₹11,785 ₹1,57,090 ₹1,44,000 ₹1,17,850
Hyderabad ₹15,735 ₹14,425 ₹11,805 ₹1,57,350 ₹1,44,250 ₹1,18,050
Kolkata ₹15,714 ₹14,405 ₹11,789 ₹1,57,140 ₹1,44,050 ₹1,17,890
Kerala ₹15,770 ₹14,460 ₹11,835 ₹1,57,700 ₹1,44,600 ₹1,18,350
Pune ₹15,706 ₹14,398 ₹11,782 ₹1,57,060 ₹1,43,980 ₹1,17,820
Ahmedabad ₹15,695 ₹14,385 ₹11,774 ₹1,56,950 ₹1,43,850 ₹1,17,740
Vadodara ₹15,692 ₹14,382 ₹11,772 ₹1,56,920 ₹1,43,820 ₹1,17,720
Jaipur ₹15,728 ₹14,418 ₹11,799 ₹1,57,280 ₹1,44,180 ₹1,17,990
Lucknow ₹15,721 ₹14,412 ₹11,794 ₹1,57,210 ₹1,44,120 ₹1,17,940
Surat ₹15,694 ₹14,384 ₹11,773 ₹1,56,940 ₹1,43,840 ₹1,17,730
Indore ₹15,702 ₹14,392 ₹11,779 ₹1,57,020 ₹1,43,920 ₹1,17,790
Patna ₹15,726 ₹14,416 ₹11,797 ₹1,57,260 ₹1,44,160 ₹1,17,970
Chandigarh ₹15,724 ₹14,414 ₹11,796 ₹1,57,240 ₹1,44,140 ₹1,17,960
Bhopal ₹15,701 ₹14,391 ₹11,778 ₹1,57,010 ₹1,43,910 ₹1,17,780
Nagpur ₹15,703 ₹14,393 ₹11,780 ₹1,57,030 ₹1,43,930 ₹1,17,800
Visakhapatnam ₹15,734 ₹14,424 ₹11,804 ₹1,57,340 ₹1,44,240 ₹1,18,040
Coimbatore ₹15,758 ₹14,448 ₹11,824 ₹1,57,580 ₹1,44,480 ₹1,18,240

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

Major Countries Gold Rates Today: 24K, 22K & 18K

Country 24K Gold (1g) 22K Gold (1g) 18K Gold (1g) 24K Gold (10g) 22K Gold (10g) 18K Gold (10g)
India ₹15,719 ₹14,410 ₹11,793 ₹1,57,190 ₹1,44,100 ₹1,17,930
UAE (Dubai) ₹15,520 ₹14,230 ₹11,640 ₹1,55,200 ₹1,42,300 ₹1,16,400
Saudi Arabia ₹15,480 ₹14,190 ₹11,610 ₹1,54,800 ₹1,41,900 ₹1,16,100
Qatar ₹15,500 ₹14,210 ₹11,625 ₹1,55,000 ₹1,42,100 ₹1,16,250
Kuwait ₹15,530 ₹14,240 ₹11,645 ₹1,55,300 ₹1,42,400 ₹1,16,450
Oman ₹15,495 ₹14,205 ₹11,620 ₹1,54,950 ₹1,42,050 ₹1,16,200
Bahrain ₹15,485 ₹14,195 ₹11,615 ₹1,54,850 ₹1,41,950 ₹1,16,150
United States ₹15,860 ₹14,540 ₹11,900 ₹1,58,600 ₹1,45,400 ₹1,19,000
United Kingdom ₹15,810 ₹14,495 ₹11,865 ₹1,58,100 ₹1,44,950 ₹1,18,650
Canada ₹15,835 ₹14,520 ₹11,885 ₹1,58,350 ₹1,45,200 ₹1,18,850
Australia ₹15,790 ₹14,480 ₹11,850 ₹1,57,900 ₹1,44,800 ₹1,18,500
Singapore ₹15,745 ₹14,435 ₹11,815 ₹1,57,450 ₹1,44,350 ₹1,18,150
Malaysia ₹15,620 ₹14,320 ₹11,720 ₹1,56,200 ₹1,43,200 ₹1,17,200
Thailand ₹15,680 ₹14,375 ₹11,765 ₹1,56,800 ₹1,43,750 ₹1,17,650
China ₹15,940 ₹14,610 ₹11,960 ₹1,59,400 ₹1,46,100 ₹1,19,600
Japan ₹16,050 ₹14,710 ₹12,040 ₹1,60,500 ₹1,47,100 ₹1,20,400
Germany ₹15,890 ₹14,565 ₹11,925 ₹1,58,900 ₹1,45,650 ₹1,19,250
Switzerland ₹15,980 ₹14,650 ₹11,995 ₹1,59,800 ₹1,46,500 ₹1,19,950
South Africa ₹15,610 ₹14,310 ₹11,710 ₹1,56,100 ₹1,43,100 ₹1,17,100
Sri Lanka ₹15,730 ₹14,420 ₹11,800 ₹1,57,300 ₹1,44,200 ₹1,18,000

Note: Rates are indicative market prices and may vary by taxes, premiums, exchange rates and local dealer charges.

Gold Rate in India for Last 10 Days (1 kg)

Date 24K (₹)
May 31 15,719,000
May 30 15,719,000
May 29 15,779,000
May 28 15,621,000
May 27 15,844,000
May 26 15,904,000
May 25 15,953,000
May 24 15,921,000
May 23 15,921,000
May 22 15,964,000

International Market Sentiment & Key Drivers

  • Central bank buying remains elevated
  • Geopolitical tensions continue supporting bullion
  • Inflation concerns persist globally
  • Interest-rate uncertainty aiding gold demand
  • Strong dollar limiting gains

Domestic Market Sentiment & Key Drivers

  • Retail demand remains healthy
  • Wedding-season purchases continue
  • Investors prefer safe assets
  • ETF inflows remain positive

Oil & Inflation

  • Spot gold remains near US$4,535.82 per ounce.
  • Rising oil prices are increasing inflation concerns.
  • Higher fuel costs raise transportation and production expenses.
  • Inflation boosts gold’s appeal as a safe-haven asset.
  • Strong inflation expectations continue supporting bullion demand.
  • Central banks remain cautious on interest-rate decisions.
  • Gold demand typically strengthens during inflationary periods.
  • Oil market volatility may provide further support to gold prices.

MCX Performance

  • June Gold Contract fell ₹623 to ₹1,56,302 per 10 grams
  • August Contract declined ₹67
  • October Contract rose ₹292 to ₹1,64,400
  • Trading remained volatile across maturities

Gold ETF Performance (2025–2026)

Category Performance
Gold ETFs Strong Positive
Retail Inflows Rising
Institutional Interest High
SIP Participation Growing

Key Investment Metrics

  • Gold remains among the best-performing major assets
  • Inflation-adjusted returns remain attractive
  • Portfolio diversification benefits remain strong
  • Lower correlation with equities

Comparison: Physical Gold vs Gold ETFs

Factor Physical Gold Gold ETF
Storage Required Not Required
Liquidity Moderate High
Purity Risk Present None
Making Charges Applicable None
Ease of Trading Lower Higher

Market Summary

  • Gold remains near record highs
  • Inflation concerns persist
  • Global uncertainty supports demand
  • ETF inflows remain positive
  • Retail buying continues

Can Gold Prices Rise Again?

  • Inflation risks remain elevated
  • Central bank purchases continue
  • Geopolitical tensions support safe-haven buying
  • Weak equity sentiment could attract further inflows
  • Long-term outlook remains constructive

Key Considerations for Buyers

  • Verify BIS hallmark certification
  • Compare making charges
  • Consider ETF alternatives
  • Monitor international prices
  • Review GST implications

Should You Buy Gold Today Or Hold Back in UAE?

  • Long-term investors may consider gradual accumulation
  • Prices remain elevated near historic highs
  • Dollar strength could trigger short-term volatility
  • Staggered buying may reduce risk
  • Monitor global inflation and Fed policy closely

FAQ’s

1. When is the best time to buy gold?

Historically, investors accumulate during market corrections or periods of economic uncertainty.

2. How is gold purity checked?

Purity is verified through BIS hallmark certification and accredited testing centers.

3. What taxes apply to gold purchases?

A 3% GST is applicable on gold purchases in India.

4. How much gold is one tola?

One traditional tola equals approximately 10 grams.

5. Is gold a good investment?

Gold remains a popular hedge against inflation, currency depreciation and market volatility.

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.

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