Gold Rate Today, 16 May 2025

Gold Continues to Shine as a Trusted Investment in 2025

Gold has remained one of the most trusted forms of investment and wealth preservation, particularly in India, where cultural, economic, and social factors keep the demand high throughout the year. With global uncertainties and inflation concerns continuing into 2025, the yellow metal remains a favorite among investors and consumers alike.

As of May 16, 2025, the price of gold in India is:

  • 24 Carat (pure gold): ₹9,513 per gram
  • 22 Carat (standard jewellery gold): ₹8,720 per gram
  • 18 Carat: ₹7,135 per gram

Whether you’re planning to invest in gold or buy jewellery, knowing today’s rates can help you make smarter financial decisions.

Today’s Gold Prices in India – National Averages

Here’s a snapshot of gold prices by purity level, based on today’s average rates across India:

Gold PurityPrice per Gram (INR)
24K (999)₹9,513
22K (916)₹8,720
18K (750)₹7,135

These rates are influenced by global gold prices, currency exchange rates, domestic demand, and import duties.

City-Wise Gold Rate in India – 16 May 2025

1. Delhi

  • 24K Gold: ₹9,513/gram
  • 22K Gold: ₹8,720/gram
  • 18K Gold: ₹7,135/gram

The capital city mirrors national gold price trends and remains a major market for gold investment and retail sales.

2. Mumbai

  • 24K Gold: ₹9,513/gram
  • 22K Gold: ₹8,720/gram
  • 18K Gold: ₹7,135/gram

As a financial hub, Mumbai’s gold prices are closely tied to international trading volumes.

3. Chennai

  • 24K Gold: ₹9,530/gram
  • 22K Gold: ₹8,735/gram
  • 18K Gold: ₹7,150/gram

Chennai sees consistently high gold prices, driven by cultural demand, especially during wedding and festive seasons.

4. Kolkata

  • 24K Gold: ₹9,520/gram
  • 22K Gold: ₹8,725/gram
  • 18K Gold: ₹7,140/gram

A historic gold market, Kolkata often sees slight variations based on regional demand patterns.

5. Hyderabad

  • 24K Gold: ₹9,510/gram
  • 22K Gold: ₹8,715/gram
  • 18K Gold: ₹7,130/gram

Hyderabad remains one of the leading gold-consuming cities in South India.

6. Bangalore

  • 24K Gold: ₹9,518/gram
  • 22K Gold: ₹8,720/gram
  • 18K Gold: ₹7,135/gram

Tech-savvy and increasingly investment-conscious, Bangalore’s gold buyers watch prices closely for investment opportunities.

Why Are Gold Prices High in 2025?

1. Global Economic Uncertainty

Increased inflation across global markets, geopolitical tensions, and unstable financial sectors have led many investors to move toward safe-haven assets like gold.

2. Currency Fluctuations

Since gold is traded globally in US dollars, a depreciating rupee directly raises the cost of gold in India. The rupee has seen moderate weakening in recent months, pushing up domestic gold prices.

3. Domestic Demand

The upcoming wedding season and religious festivals have created a surge in demand, especially for 22K gold jewellery, which in turn has nudged prices upward.

Investment Outlook: Is It a Good Time to Buy Gold?

Gold continues to offer:

  • Inflation Protection: Its value tends to rise as purchasing power falls.
  • Portfolio Diversification: Low correlation with equity markets.
  • Liquidity: Gold can be quickly sold or pledged in times of need.

As of now, gold remains a relatively safe bet. Investors may consider Sovereign Gold Bonds (SGBs), digital gold, or gold ETFs in addition to physical gold for better flexibility and security.

FAQs: What You Need to Know About Gold Prices

Q1. How often do gold prices change in India?

Gold prices are updated multiple times a day depending on international gold rates, rupee-dollar exchange rate, and domestic factors.

Q2. Is 22K or 24K better for investment?

For jewellery, 22K is preferred due to durability. For pure investment, 24K is ideal due to its higher purity.

Q3. Should I wait for prices to fall?

Gold prices are influenced by unpredictable macroeconomic factors. If you’re investing for the long term, short-term dips should not deter your purchase.

: Keep an Eye on Daily Gold Trends

Gold prices in India on May 16, 2025, remain strong amid both domestic and global economic shifts. Whether you’re investing or shopping for jewellery, staying updated on daily rates helps make informed choices.

As always, consult your financial advisor before making large investments, and consider diversifying your gold portfolio with digital options for added convenience.