Gold Rate Today: Gold and Silver Prices Show Movement, Check Latest Rates Before You Buy

With the onset of summer, fluctuations in the bullion market continue. If you’re planning to buy gold or silver today, May 2, it’s important to check the updated rates first. While prices have seen slight changes, gold is trending close to ₹95,000 per 10 grams, and silver is around ₹99,000 per kg.


Today’s Gold Prices (2 May 2025)

PurityRate (10 grams)
24 Carat₹95,870
22 Carat₹87,890
18 Carat₹71,910

These prices are based on the average rates from major cities. Slight variations may occur depending on your location.


18 Carat Gold Price by City

  • Delhi: ₹71,910
  • Mumbai & Kolkata: ₹71,790
  • Indore & Bhopal: ₹71,830
  • Chennai: ₹72,490

18-carat gold is a budget-friendly choice commonly used in jewellery.


22 Carat Gold Rate by City

  • Delhi, Jaipur, Lucknow: ₹87,890
  • Mumbai, Kolkata, Hyderabad: ₹87,740
  • Indore & Bhopal: ₹87,790

22-carat gold has 91.6% purity and is most preferred for ornaments and jewellery.


24 Carat Gold Prices (Highest Purity)

  • Delhi, Jaipur: ₹95,870
  • Mumbai, Chennai: ₹95,720
  • Indore & Bhopal: ₹95,770

24-carat gold is 99.9% pure and usually used for coins and investment purposes, not jewellery due to its softness.


Silver Price Today

  • Delhi, Mumbai, Lucknow, Kolkata: ₹97,900 per kg
  • Indore & Bhopal: ₹97,900 per kg
  • Chennai, Hyderabad, Kerala: ₹1,07,900 per kg

Silver prices in some South Indian cities are slightly higher compared to North India.


How to Identify Gold Purity?

Gold purity is verified through hallmarking certified by the Bureau of Indian Standards (BIS). Here’s how you can check:

  • 24 Carat: 999 (99.9% pure)
  • 22 Carat: 916 (91.6% pure)
  • 21 Carat: 875
  • 18 Carat: 750

24-carat gold is the purest form, but mostly used for bars and coins rather than jewellery.


Conclusion

If you’re planning to invest in gold or buy ornaments, today offers a stable pricing opportunity. However, with daily fluctuations, it’s always wise to double-check current rates before making a purchase.

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