Gold Price Today: On the second day of the week, Tuesday 13 May, the price of gold has fallen. This is the second consecutive session in which the gold rate has fallen. The price of gold has become cheaper by about Rs 1500 compared to yesterday. Today the price of 10 grams of 24 carat gold is trading at Rs 95,500 and the rate of 22 carat gold is trading at 87,500. Know here what was the price of gold and silver in the big cities of the country.
Why is the price of gold falling?
The biggest reason behind the sharp fall in gold prices is the softening of trade relations between the US and China. The US halted its plan to increase duty on goods imported from China for 90 days, which led to a relief in trade tensions in global markets. Due to this, investors withdrew money from safe investment options like gold and turned to other assets. As a result, a big drop in the price of gold was recorded in both national and international markets.
Apart from this, geopolitical developments such as the possibility of a ceasefire between Russia-Ukraine and a reduction in military tensions between India and Pakistan also indicated stability in the market. This further reduced the demand for gold as gold is usually considered a safe option only in times of uncertainty. Also, the boom in stock markets and the strength of the dollar also put pressure on gold prices, due to which investors started selling gold while booking profits.
Gold price in Delhi-Mumbai on 13 May 2025
On Tuesday, May 13, 2025, the price of 22 carat gold in Delhi was Rs 87,650 and 24 carat gold was Rs 95,610 per 10 grams. In Mumbai, 22 carat gold is trading at Rs 87,500 and 24 carat gold at Rs 95,460 per 10 grams.
| City Name | 22 carat gold rate | 24 carat gold rate |
| Delhi | 87,650 | 95,610 |
| Chennai | 87,500 | 95,460 |
| Mumbai | 87,500 | 95,460 |
| Kolkata | 87,500 | 95,460 |
| Jaipur | 87,650 | 95,610 |
| Noida | 87,650 | 95,610 |
| Ghaziabad | 87,650 | 95,610 |
| Lucknow | 87,650 | 95,610 |
| Bangalore | 87,500 | 95,460 |
| Patna | 87,500 | 95,460 |
Silver Price
The price of silver on Tuesday, May 13, 2025 is Rs 97,900 per kg. There has been no change in the price of silver. It is trading at yesterday’s price.
How is the price of gold decided?
The price of gold in India keeps changing due to many reasons, such as international market prices, government taxes and fluctuations in the value of rupee. Gold is not only a means of investment, but is also an important part of our traditions and festivals. Its demand increases especially during weddings and festivals.
