Gold Silver Rate Today: Gold and silver prices remained volatile on Monday as investors reacted to rising geopolitical tensions in West Asia, elevated crude oil prices and a sharp jump in US Treasury yields.
On the Multi Commodity Exchange (MCX), gold futures for June 5 delivery were trading at Rs 1,58,697 per 10 grams around 11 am, up Rs 150 or 0.09 per cent. During the session, the yellow metal swung sharply between gains and losses, touching an intraday high of Rs 1,58,884 and a low of Rs 1,57,547.
Silver prices also witnessed sharp fluctuations. MCX silver futures for July 3 delivery were trading at Rs 2,71,627 per kg, down Rs 259 or 0.10 per cent. Earlier in the session, silver had fallen as much as 2.55 per cent to Rs 2,64,949 per kg before rebounding to an intraday high of Rs 2,74,145.
Analysts said bullion prices remained under pressure globally as stronger US inflation data pushed Treasury yields and the US dollar higher, reducing expectations of near-term US Federal Reserve rate cuts.
Market experts added that concerns over energy supply disruptions in West Asia and rising crude oil prices have intensified inflation worries, increasing expectations of tighter monetary policy globally and weighing on non-yielding assets such as gold and silver.
Silver sentiment was also impacted after UBS cut its full-year silver investment demand forecast and projected a narrower global supply deficit.
In global markets, COMEX gold slipped 0.39 per cent to $4,543 per ounce, while COMEX silver declined 2.28 per cent to $75.778 per ounce.
Meanwhile, crude oil prices surged after reports of an attack on a nuclear facility in the United Arab Emirates raised fears of supply disruptions. Brent crude rose 2.37 per cent to $111.86 per barrel, while WTI crude gained 3.11 per cent to $108.70 per barrel.
Also Read : Crude Oil Surges Above $111 As US-Iran Tensions Rattle Global Markets
Gold Rates Across Major Cities In India On May 18
Gold Prices in Delhi Today (Per 1 Gram)
24 Karat - 15,637
22 Karat- 14,335
18 Karat- 11,732
Gold Prices in Chennai Today (Per 1 Gram)
24 Karat - 16,091
22 Karat- 14,750
18 Karat- 12,310
Gold Prices in Bengaluru Today (Per 1 Gram)
24 Karat - 15,622
22 Karat- 14,320
18 Karat- 11,717
Gold Prices in Mumbai Today (Per 1 Gram)
24 Karat - 15,622
22 Karat- 14,320
18 Karat- 11,717
Gold Prices in Pune Today (Per 1 Gram)
24 Karat - 15,622
22 Karat- 14,320
18 Karat- 11,717
Gold Prices in Kolkata Today (Per 1 Gram)
24 Karat - 15,622
22 Karat- 14,320
18 Karat- 11,717
Gold Price Today in Major Indian Cities
| City | 24k Gold Per Gram | 22k Gold Per Gram | 18k Gold Per Gram |
| Gold Rate in Hyderabad | 15,622 | 14,320 | 11,717 |
| Gold Rate in Ahmedabad | 15,627 | 14,325 | 11,722 |
| Gold Rate in Indore | 15,627 | 14,325 | 11,722 |
| Gold Rate in Lucknow | 15,637 | 14,335 | 11,732 |
| Gold Rate in Coimbatore | 16,091 | 14,750 | 12,310 |
| Gold Rate in Bhubaneswar | 15,622 | 14,384 | 11,769 |
| Gold Rate in Mysore | 15,622 | 14,320 | 11,717 |
| Gold Rate in Kanpur | 15,637 | 14,335 | 11,732 |
| Gold Rate in Salem | 16,091 | 14,750 | 12,310 |
| Gold Rate in Visakhapatnam | 15,622 | 14,320 | 11,717 |
| Gold Rate in Vijayawada | 15,622 | 14,320 | 11,717 |
| Gold Rate in Patna | 15,627 | 14,325 | 11,722 |
To check Silver price in India today, click here.
Also Read : Fuel, Gold, And Travel Costs Are Rising: Here’s How Families Can Stay Financially Stable
Silver Price Across Major Cities In India On May 18
Silver Price In Delhi Today
The current silver price in Delhi stands at Rs 290 per gram and Rs 290,000 per kg.
Silver Price In Chennai Today
The current silver price in Chennai stands at Rs 300 per gram and Rs 300,000 per kg.
Silver Price In Bengaluru Today
The current silver price in Bengaluru stands at Rs 290 per gram and Rs 290,000 per kg.
Silver Price In Mumbai Today
The current silver price in Mumbai stands at Rs 290 per gram and Rs 290,000 per kg.
Silver Price In Pune Today
The current silver price in Pune stands at Rs 290 per gram and Rs 290,000 per kg.
Silver Price In Kolkata Today
The current silver price in Kolkata stands at Rs 290 per gram and Rs 290,000 per kg.
Silver Price Today in Major Indian Cities
| City | Per Gram | Per KG |
| Silver Rate in Hyderabad | 300 | 300,000 |
| Silver Rate in Ahmedabad | 290 | 290,000 |
| Silver Rate in Indore | 290 | 290,000 |
| Silver Rate in Lucknow | 290 | 290,000 |
| Silver Rate in Coimbatore | 300 | 300,000 |
| Silver Rate in Bhubaneswar | 300 | 300,000 |
| Silver Rate in Mysore | 290 | 290,000 |
| Silver Rate in Kanpur | 290 | 290,000 |
| Silver Rate in Salem | 300 | 300,000 |
| Silver Rate in Visakhapatnam | 300 | 300,000 |
| Silver Rate in Vijayawada | 300 | 300,000 |
| Silver Rate in Patna | 290 | 290,000 |
To check Gold price in India today, click here.