Gold Prices Fall Again on Monday: Rates Drop in Delhi, Mumbai, Chennai and Other Major Cities
Gold prices witnessed another decline across India on Monday, offering slight relief to buyers after last week’s sharp rally. The precious metal became cheaper in most major cities on May 25, with rates slipping in Delhi, Mumbai, Chennai, Kolkata, and several other markets.
Despite the domestic correction, international gold prices moved higher due to weakness in the US dollar and a fall in crude oil prices. Market experts believe global economic uncertainty and ongoing geopolitical developments continue to influence bullion prices worldwide.
In the national capital, the price of 24-carat gold has fallen to ₹1,59,200 per 10 grams, while 22-carat gold is now retailing at ₹1,45,940 per 10 grams. Similar declines have been recorded across other metro cities as well.
Gold Becomes Cheaper Across Major Indian Cities
The first trading day of the week began with softer gold prices in the domestic market. After witnessing a strong rally last week, bullion rates have now shown signs of correction.
According to market data, 24-carat gold had surged by nearly ₹2,130 per 10 grams during the previous week, while 22-carat gold had risen by around ₹1,950. However, Monday’s decline has slightly reduced the pressure on buyers planning jewellery purchases or investments.
Latest Gold Prices in Major Cities
Here are the updated gold rates for May 25, 2026:
| City | 22-Carat Gold Price (10 gm) | 24-Carat Gold Price (10 gm) |
|---|---|---|
| Delhi | ₹1,45,940 | ₹1,59,200 |
| Mumbai | ₹1,45,790 | ₹1,59,050 |
| Ahmedabad | ₹1,45,840 | ₹1,59,100 |
| Chennai | ₹1,47,290 | ₹1,60,680 |
| Kolkata | ₹1,45,790 | ₹1,59,050 |
| Hyderabad | ₹1,45,790 | ₹1,59,050 |
| Jaipur | ₹1,45,940 | ₹1,59,200 |
| Bhopal | ₹1,45,840 | ₹1,59,100 |
| Lucknow | ₹1,45,940 | ₹1,59,200 |
| Chandigarh | ₹1,45,940 | ₹1,59,200 |
Chennai Remains the Costliest Market
Among major Indian cities, Chennai continues to report the highest gold prices. The rate of 24-carat gold in Chennai has reached ₹1,60,680 per 10 grams, while 22-carat gold is selling at ₹1,47,290.
Meanwhile, Mumbai and Kolkata are witnessing comparatively lower prices, with 24-carat gold available at ₹1,59,050 per 10 grams.
International Gold Prices Move Higher
Interestingly, while domestic gold prices declined, international bullion markets remained strong.
Spot gold prices in the global market rose by nearly 1.4 percent and touched $4,570.88 per ounce. Analysts say the rally was supported by:
- Weakening US dollar
- Declining crude oil prices
- Increased safe-haven buying
- Geopolitical uncertainty in West Asia
Brent crude oil futures have reportedly fallen below the $100-per-barrel mark, which also impacted currency and commodity markets globally.
US-Iran Peace Deal Hopes Influence Markets
Global investor sentiment improved after fresh developments related to possible peace talks between the United States and Iran.
US President Donald Trump stated that a major agreement with Iran is close to being finalized. Reports also suggest that an interim peace framework between the two countries has been drafted and could initially remain effective for 60 days.
During this proposed ceasefire period, both nations are expected to continue negotiations regarding Iran’s nuclear program and long-term regional stability.
The easing of geopolitical tensions has influenced commodity prices, including crude oil and precious metals.
Silver Prices Also Decline in India
Along with gold, silver prices also remained under pressure in the domestic market.
On May 25, silver prices in India slipped to ₹2,84,900 per kilogram. Earlier this year, silver had crossed the ₹4 lakh per kilogram mark in January, creating a historic rally in bullion markets.
However, international silver prices showed strength. Spot silver prices jumped nearly 3.9 percent to reach $78.42 per ounce.
Why Gold Prices Keep Fluctuating
Experts say gold prices are currently reacting to multiple global and domestic factors, including:
- International geopolitical tensions
- Dollar index movement
- Crude oil price fluctuations
- Central bank policies
- Inflation concerns
- Demand for safe-haven assets
In India, festive demand, wedding season buying, import duties, and rupee movement also affect retail bullion prices.
Should Investors Buy Gold Now?
Market analysts believe volatility may continue in the coming weeks due to uncertainty in global markets. Investors are advised to track international developments closely before making large investments in bullion.
Financial planners also recommend buying gold gradually through systematic investments instead of making lump-sum purchases during highly volatile periods.
Disclaimer: Gold and silver prices are subject to market risks and may change frequently. Investors should consult certified financial advisors before making investment decisions.
