Gold Rate in Delhi Declines by Around Rs 59,000 in Just 3 Sessions; Latest 22K, 24K, 18K Gold & Silver Prices

Gold prices in New Delhi began the new trading week on a weaker note, extending their decline for the third straight session on Monday, May 18, 2026, even as rising geopolitical tensions in the Middle East kept global markets on edge.

The fall in domestic gold prices comes at a time when surging crude oil prices are fuelling fresh inflation concerns and reinforcing expectations that central banks could keep interest rates higher for longer, reducing the immediate appeal of non-yielding assets such as gold.

Drop in Gold Continues, But Silver Shines: Check Gold, Silver Prices Today

In the national capital, 24K gold slipped by Rs 71 to Rs 15,637 per gram, while 22K gold declined by Rs 65 to Rs 14,335 per gram. On a standard 100-gram basis, the price of 24K gold stood at Rs 15,63,700, reflecting a notable correction after the precious metal's recent rally to record highs.

The latest drop marks a significant pullback in just three trading sessions. Between May 15 and May 18, 2026, the price of 24K gold in Delhi has fallen by a sharp Rs 58,900 per 100 grams, signalling aggressive profit booking as investors reassess the outlook for inflation, interest rates and safe-haven demand.

While gold lost some of its recent shine, silver continued to outperform. Silver prices in Delhi rose by Rs 10 to Rs 290 per gram, while the price per kilogram climbed by Rs 10,000 to Rs 2,90,000, underscoring sustained strength in industrial and investment demand for the white metal.

Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices on 18 May 2026

24 Karat Gold Price Today in Delhi

The price of 24K gold, considered the purest form of the precious metal, fell by Rs 71 to Rs 15,637 per gram from Rs 15,708 in the previous session. At this rate, 8 grams of 24K gold cost Rs 1,25,096, while 10 grams were priced at Rs 1,56,370. On a larger scale, the price of 100 grams declined by Rs 7,100 to Rs 15,63,700.

22 Karat Gold Rate Today in Delhi

22K gold, which is widely used for jewellery making, also moved lower. The rate dropped by Rs 65 to Rs 14,335 per gram compared with Rs 14,400 a day earlier. The cost of 8 grams stood at Rs 1,14,680, while 10 grams were valued at Rs 1,43,350. For 100 grams, the price decreased by Rs 6,500 to Rs 14,33,500.

18 Karat Gold Rate Today in Delhi

18K gold, commonly preferred for diamond and studded jewellery, followed the same trend. The price declined by Rs 53 to Rs 11,732 per gram from Rs 11,785 in the previous session. Eight grams were priced at Rs 93,856, 10 grams at Rs 1,17,320, and 100 grams at Rs 11,73,200, representing a drop of Rs 5,300 over the previous day's level.

Silver Rate Today: Check Latest Silver Prices in Delhi on May 18, 2026

Silver prices in Delhi continued their upward momentum on Monday, May 18, 2026. The price of silver rose by Rs 10 to Rs 290 per gram, compared with Rs 280 in the previous session. At the retail level, 8 grams of silver were priced at Rs 2,320, up Rs 80, while 10 grams cost Rs 2,900, marking an increase of Rs 100 over the previous day's rate.

For larger quantities, the gains were even more pronounced. The price of 100 grams of silver climbed by Rs 1,000 to Rs 29,000, while the benchmark rate for 1 kilogram surged by Rs 10,000 to Rs 2,90,000 from Rs 2,80,000 a day earlier.

"From a fundamental perspective, the domestic duty-led rally is operating alongside complex global cues. While hotter-than-expected U.S. CPI data (3.8%) has pressured global spot prices by pushing out rate-cut expectations and strengthening the dollar, the domestic price gap created by the duty hike has shielded MCX from these headwinds," said Dr. Ravi Singh - Chief Research Officer (Research) - Master Capital Services Limited.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.