Gold Price Update for 13 May: Latest Rates for 18, 22, and 24 Carat Gold in Chennai, Mumbai, Delhi, Kolkata & Other Cities
Gold prices across India have shown notable shifts on 13 May, mirroring the dynamic nature of the global precious metals market. Buyers and investors are closely tracking the rates of 18, 22, and 24 carat gold as these figures provide critical insights into economic trends and market sentiment. Key metropolitan areas including Chennai, Mumbai, Delhi, and Kolkata report diverse pricing influenced by international market movements, currency exchange variations, and domestic demand fluctuations. This detailed update offers a clear snapshot of current gold valuations to help stakeholders make well-informed investment choices amid ongoing volatility.
Regional Gold Price Analysis on 13 May: City-wise Breakdown
On this date, gold prices exhibited considerable variation across India’s major cities as investors reacted to shifting global cues. In Delhi specifically, the cost of pure 24-carat gold surged to approximately ₹54,800 per 10 grams—a rise driven by recent international market developments. Mumbai’s trading hub saw a modest increase with the price for refined 22-carat gold settling near ₹50,000. Meanwhile in Kolkata’s competitive marketplace,18-carat gold held steady at ₹42,200 per 10 grams, underscoring its continued appeal as a secure asset during uncertain times.
The following table summarizes city-specific rates for various carat grades:
| City | 18 Carat (₹ /10g) | 22 Carat (₹ /10g) | 24 Carat (₹ /10g) | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Chennai | 42,000 | 50,800 | 54,200 | ||||||||||||||||||||||
| Mumbai | 42 ,300 < td >< strong >50 ,000 < td >< strong >54 ,500 | Kolkata | Todays’ Gold Prices – May 13: Updated Rates for Premium Gold Grades Across Chennai,Mumbai Delhi,Kolkata & More Cities in India Strongly Reflect Market Trends and Investment Insights. | The Indian precious metals sector witnessed significant price movements on May thirteenth reflecting both local demand-supply dynamics alongside international economic factors impacting bullion markets worldwide Investors tracking key purity levels—namely eighteen twenty-two,and twenty-four carats—are observing these fluctuations closely since they serve as vital indicators of broader financial sentiments Major urban centers such as Chennai,Mumbai Delhi,and Kolkata reported varying quotations influenced by currency exchange rates geopolitical developments,and consumer appetite Today’s comprehensive review equips readers with up-to-date data essential for making prudent investment decisions amid an unpredictable environment(source). – Citywise Snapshot Of Gold Prices On May Thirteenth –The latest data reveals distinct pricing patterns across major Indian cities reflecting their unique market conditions In New Delhi,the rate for pure twenty-four carat bullion climbed sharply reaching approximately ₹54‚800 per ten grams.This surge is largely attributed to recent shifts in global commodity markets affecting investor confidence Meanwhile,Mumbai—the country’s largest trading hub—noted a moderate rise where twenty-two carat pieces were valued around₹50‚000 per ten grams.Kolkata maintained relatively stable pricing especially within eighteen carats segment quoted near₹42‚200 per ten grams.This steadiness highlights ongoing preference among buyers seeking safe-haven assets during volatile periods. Below is an overview table summarizing key city-wise prices:
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