Gold Prices Rebound to ₹15,131 on May 6 After Recent Dip: Latest 24K, 22K and 18K Rates Across Major Cities

Gold prices in India rebounded to ₹15,131 on May 6 after falling to ₹14,918 on May 5, signalling a recovery following the recent correction. The 24K rate had previously eased to ₹15,066 on April 30 after slipping from ₹15,300 on April 28 and ₹15,137 on April 29, reflecting sustained volatility after the strong rally seen earlier in April.

Earlier, prices had climbed sharply from ₹15,148 on April 9 to ₹15,300 on April 10, before rising further to ₹15,535 on April 15 and peaking at ₹15,577 on April 16. However, profit booking emerged thereafter, with prices easing to ₹15,420 on April 17 and stabilising around ₹15,529 on April 20–21 before the broader correction set in.

Despite the recent rebound, gold prices continue to remain volatile and sensitive to shifts in global sentiment, currency movements, and broader market trends.

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Gold Prices Today in India May 6, 2026

On May 6th, gold rate today across major Indian cities decline compared to the previous session. Below are the latest per-gram prices for 24K, 22K, and 18K gold across key regions:

• Gold Price Today in Mumbai: 24K at ₹15,131, 22K at ₹13,870, 18K at ₹11,348.
• Gold Price Today in Chennai: 24K at ₹15,328, 22K at ₹14,050, 18K at ₹11,720.
• Gold Price Today in Bangalore:24K at ₹15,131, 22K at ₹13,870, 18K at ₹11,348.
• Gold Price Today in Hyderabad: 24K at ₹15,131, 22K at ₹13,870, 18K at ₹11,348.
• Gold Price Today in Kerala: 24K at ₹15,131, 22K at ₹13,870, 18K at ₹11,348.
• Gold Price Today in Delhi: 24K at ₹15,144, 22K at ₹13,885, 18K at ₹11,363.

Recent Gold Price Movements in India

Here’s a snapshot of how gold prices have moved over the past few days:

• May 6th: 24K at ₹15,131, 22K at ₹13,870, 18K at ₹11,348.
• May 5th: 24K at ₹14,918, 22K at ₹13,675, 18K at ₹11,189.
• May 4th: 24K at ₹15,093, 22K at ₹13,835, 18K at ₹11,320.
• April 30th: 24K at ₹15,066, 22K at ₹13,810, 18K at ₹11,299.
• April 29th: 24K at ₹15,137, 22K at ₹13,875, 18K at ₹11,353.

Gold prices in India remained volatile through late April and early May. After peaking at ₹15,577 on April 16, 24K gold corrected sharply, falling to ₹15,066 on April 30 and ₹14,918 on May 5, before rebounding to ₹15,131 on May 6. Similarly, 22K gold declined from ₹14,260 in mid-April to ₹13,675 on May 5, before recovering to ₹13,870 on May 6. The 18K rate followed the same trend, easing from ₹11,668 in mid-April to ₹11,189 on May 5, before rebounding to ₹11,348 on May 6, signalling renewed strength after the recent correction.

Gold Market Outlook

Gold prices in India remain volatile, though a rebound has emerged after the recent decline. After slipping to ₹14,918 on May 5, 24K gold recovered to ₹15,131 on May 6, signalling improved momentum. Chennai and Delhi continue to trade at a premium, while the broader trend remains mixed after the sharp correction from mid-April highs.

Conclusion

As of May 6, gold prices across most major cities stand at around ₹15,131 per gram for 24K, ₹13,870 for 22K, and ₹11,348 for 18K. Chennai remains the highest-priced market with 24K gold at ₹15,328, followed by Delhi at ₹15,144.

The rebound after the May 5 dip suggests short-term recovery, though volatility remains elevated. Gold prices are likely to stay sensitive to global cues, currency movements, and investor sentiment in the near term.