Gold Silver Rate Today May 10: Check Latest 24K, 22K Prices City-Wise

Gold and silver prices continued to fluctuate on May 10, 2026, due to US-Iran tensions, with Chennai reporting the highest 24K gold and silver rates among major cities.
Gold Silver Price India May 10
Gold and silver prices remain volatile across Indian markets today. Images used for representation purpose only

Gold Silver Rate Today May 10: Silver keeps steady while Gold prices remain volatile during the uncertainty in the global market.In the current uncertain global market, Gold Silver Rate Today May 10 indicates that Gold prices continue to be volatile, while Silver holds steady.

On May 10, 2026, gold prices persisted in their ups and downs as investors remained wary in world markets in the face of current geopolitical tensions between the United States and Iran. Even after the pullback from the previous peaks, bullion prices remained high in key cities in India, with silver prices also holding steady.

The daily retail market data shows that the price of gold 24 carat in India is hovering around Rs 15235 per gram and that of gold 22 carat is around Rs 13965 per gram. Uncertainty in the world’s financial markets, as well as inflation worries and movements in the US dollar are still affecting the price of precious metals, market analysts have said.

Gold June futures settled slightly up by 0.04 percent at ₹1,52,589 a 10 gram lot on the Multi Commodity Exchange (MCX) on Friday. Silver May futures rose by 1.34 percent to close at ₹2,61,999 per kg.

Internationally, COMEX gold reportedly climbed close to $4,760 per troy ounce during the latest trading session. Investor interest in bullion assets was bolstered by a weaker dollar and investor hopes for a deescalation in regional tensions.

Gold prices in major cities of India

The slight variations in gold prices between cities were driven by city-specific factors like taxes, transportation costs, and jeweller mark-up.

City-wise Gold Rates – May 10, 2026

City24K Gold22K Gold18K Gold
Chennai₹15,437₹14,150₹11,810
Delhi₹15,250₹13,980₹11,441
Mumbai₹15,235₹13,965₹11,426
Kolkata₹15,235₹13,965₹11,426
Bangalore₹15,235₹13,965₹11,426
Hyderabad₹15,235₹13,965₹11,426
Kerala₹15,235₹13,965₹11,426
Pune₹15,235₹13,965₹11,426
Ahmedabad₹15,240₹13,970₹11,431
Vadodara₹15,240₹13,970₹11,431

Chennai again had the maximum gold retail prices in the metros.

Gold Price Trend by Purity

24 Carat Gold Rates in India

QuantityToday Price
1 Gram₹15,235
8 Gram₹1,21,880
10 Gram₹1,52,350
100 Gram₹15,23,500

22 Carat Gold Rates in India

QuantityToday Price
1 Gram₹13,965
8 Gram₹1,11,720
10 Gram₹1,39,650
100 Gram₹13,96,500

18 Carat Gold Rates in India

QuantityToday Price
1 Gram₹11,426
8 Gram₹91,408
10 Gram₹1,14,260
100 Gram₹11,42,600

The recent fluctuations were temporarily stabilized by market data, which did not see significant changes in prices from the previous session.

The price of silver remains high

Silver prices also held up well in India as the industrial demand and investment demand sustained the prices.

Silver Rates – May 10, 2026

CitySilver Rate (10 gm)Silver Rate (100 gm)Silver Rate (1 kg)
Chennai₹2,800₹28,000₹2,80,000
Delhi₹2,750₹27,500₹2,75,000
Mumbai₹2,750₹27,500₹2,75,000

The all-India silver price was hovering at ₹275/gram and ₹2,75,000/kilogram.

What is causing the price of gold and silver to rise and fall?

Bullion markets are now responding to a number of international and domestic events, according to experts, which include:

  • US-Iran geopolitical tensions
  • Weakness in the US dollar index
  • Global markets are concerned with inflation.
  • Policy expectations of the central bank
  • The price of crude oil in the market.
  • People buy a lot of home-made jewelry during the marriage season.
  • Safe-haven investment demand

Analysts point out that precious metals have pulled back from earlier highs following the start of the US-Iran conflict by almost 10 percent, but market activity remains active at this time.

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Jewellery investors and buyers are being urged to pay close attention to the movements of bullion every day as prices can be subject to rapid changes and be influenced by political and economic news from around the world.