Gold Prices Today on 5th May, Rebound Across India

Gold prices in India reversed their losing streak on 5th May 2025, registering an increase after a series of declines in the previous sessions. Following a sharp drop in the last few days, both 22K and 24K gold prices have moved higher today. Currently, 22K gold is priced at ₹8,775 per gram, while 24K gold stands at ₹9,573 per gram.

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Cost of Gold in India Increase on 5th May 2025

As of 10:11 AM on 5th May, gold rate today across major Indian cities have rebounded after witnessing a decline in the past few days. The price of 22K gold has increased by ₹20 per gram, while 24K gold is up by ₹22 per gram. Here's a look at the latest city-wise rates:

• Gold Price Today in Mumbai: In Mumbai, the price of 22K gold has risen to ₹8,775 per gram, while 24K gold is now available at ₹9,573 per gram.
• Gold Price Today in Chennai: 22K gold is now priced at ₹8,775 per gram, and the rate of 24K gold stands at ₹9,573 per gram.
• Gold Price Today in Bangalore: Bangalore also saw gold prices inch higher today. 22K gold is now trading at ₹8,775 per gram and 24K at ₹9,573 per gram.
• Gold Price Today in Hyderabad: Gold prices in Hyderabad moved upward in line with national trends. 22K gold is currently priced at ₹8,775 per gram, and 24K gold at ₹9,573 per gram.
• Gold Price Today in Kerala: Kerala’s gold market mirrored the recovery, with 22K gold now available at ₹8,775 per gram and 24K at ₹9,573 per gram.
• Gold Price Today in Delhi: In the capital, Delhi, gold prices showed an uptick. 22K gold is now ₹8,790 per gram, while 24K gold is quoted at ₹9,588 per gram.

Recent Gold Price Trends in India

After three consecutive days of decline, gold prices staged a rebound on 5th May. Here's a quick look at recent movements leading up to today:

• May 3: Gold prices witnessed no change.
• May 2: Gold prices dipped again—22K gold fell by ₹20 to ₹8,755 per gram, and 24K gold dropped by ₹22 to ₹9,551 per gram.
• May 1: A sharp fall was recorded in gold rates—22K gold declined by ₹200 to ₹8,775 per gram, and 24K gold by ₹218 to ₹9,573 per gram.
• April 30: Slight decline was seen in gold prices —22K gold at ₹8,975 per gram, 24K gold at ₹9,791 per gram.
• April 29: Gold prices saw modest gains—22K gold at ₹8,980 per gram, 24K gold at ₹9,797 per gram.

Conclusion

Gold’s bounce back today (5th May) may be driven by a shift in investor sentiment. While the bullion market remains sensitive to global cues and currency fluctuations, today’s uptick may renew interest among retail buyers and investors. Staying updated with daily price movements remains key in such a volatile environment.