The price of gold in India has seen a sharp drop today, May 1, 2025. Gold is not just a piece of jewelry for Indians—it is also a symbol of tradition, faith, and financial security. As gold rates continue to change daily, today’s dip offers a good opportunity for investors and buyers.
Why Gold Prices Keep Changing
Gold prices in India change every day. The rates depend on several factors, including:
- Market demand and supply
- International gold prices
- Global events and economic trends
Due to these influences, gold remains a popular but sensitive investment option.
Gold Rates on May 1, 2025: Big Drop Noted
Today, a significant fall in gold prices was recorded across all purity levels:
22 Carat Gold:
- 1 gram – ₹8,775 (down ₹200)
- 10 grams – ₹87,750 (down ₹2,000)
- 100 grams – ₹8,77,500 (down ₹20,000)
24 Carat Gold:
- 1 gram – ₹9,573 (down ₹218)
- 10 grams – ₹95,730 (down ₹2,180)
- 100 grams – ₹9,57,300 (down ₹21,800)
18 Carat Gold:
- 1 gram – ₹7,180 (down ₹164)
- 10 grams – ₹71,800 (down ₹1,640)
- 100 grams – ₹7,18,000 (down ₹16,400)
This decline gives buyers a chance to purchase gold at lower prices.
Price Trends Over the Last 10 Days
Over the past 10 days, gold prices have shown high volatility. Here’s a quick look:
- On April 30, 22K gold was ₹8,975 per gram, and 24K was ₹9,791.
- Today, prices have dropped by ₹200 and ₹218 per gram respectively.
- April 29 saw a slight rise, while April 28 recorded another fall.
- Prices remained steady on April 26 and 27.
- A sharp fall was seen on April 23, followed by a strong rise on April 22.
These shifts show how sensitive gold prices have been in the last few days of April.
Gold Rates in Major Cities of India
Gold prices dropped across major Indian cities as well. Here’s a look at today’s prices:
- Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad, Kerala, Pune
- 22K: ₹8,775 per gram
- 24K: ₹9,573 per gram
- Delhi
- 22K: ₹8,790 per gram
- 24K: ₹9,588 per gram
- Vadodara & Ahmedabad
- 22K: ₹8,780 per gram
- 24K: ₹9,578 per gram
The price variation between cities is due to local taxes and transportation costs.
What This Means for Buyers and Investors
Today’s drop in gold prices is a positive sign for those looking to buy. If you were waiting for prices to fall, this might be the right time to invest. However, since gold prices are still fluctuating, it’s wise to:
- Keep checking daily rates
- Avoid large investments without proper market research
Investors should remain cautious and informed to make the most of the market movement.
Conclusion:
The gold market in India is seeing frequent changes, and today’s price dip is an opportunity for smart buyers. Stay updated and make well-informed decisions to benefit from the ups and downs of the gold market.
