Gold Rates Today (22-05-2026) Fall Most In Hyderabad Than Chennai, Know 24K, 22K, 18K Gold Prices; Silver Up

Gold rates in India dropped on May 22, owing to geopolitical risks that escalated after US-Iran peace negotiations faced yet another roadblock. However, among cities, gold prices fell more in Hyderabad than compared to Chennai. But silver rates in both cities witnessed a significant upside. The US dollar eased slightly but stayed elevated above the 99 mark, while oil prices surged by up to 2.5%, keeping inflationary woes on high alert. Following this, MCX precious metals and spot gold are trading under pressure.

What Is Impacting Gold & Siver Rates On May 22?

As per Gaurav Garg, research analyst at Lemonn markets desk, both precious metals are sticky on May 22, as investors navigated the complex landscape of U.S.-Iran relations while awaiting key inflation data from the U.S.

The analyst pointed out that crude oil prices climbed to Rs 9,451 per barrel ($98.94/bbl), driven by concerns over inflation and the potential for prolonged high interest rates, which have historically impacted precious metals.

Hence, he believes that the recent volatility in gold and silver markets can be attributed to a mix of geopolitical risks and technical trading patterns, with investors balancing these factors against expectations of forthcoming economic data.

Gold Rates In Chennai:

24 carat gold price dropped by Rs 4,300 to Rs 16,12,400 per 100 grams, while 10 grams gold is down by Rs 430 to Rs 1,61,240. Furthermore, 8 grams and 1 gram gold in 24 carat is lower by Rs 344 and Rs 43 to Rs 1,28,992 and Rs 16,124 respectively.

Coming to 22 carat, 10 grams gold plunged by Rs 3,000 to Rs 14,78,000 per 100 grams and dipped by Rs 300 to Rs 1,47,800 per 10 grams. Also, 8 grams gold slipped by Rs 240 to Rs 1,18,240 and 1 gram gold is down by Rs 30 to Rs 14,780.

Moreover, 18 carat gold prices here tumbled by Rs 2,500 in 100 grams to Rs 12,40,000 and dipped by Rs 250 in 10 grams to Rs 1,24,000. Additionally, 8 grams gold is lower by Rs 200 to Rs 99,200 and 1 gram gold slipped by Rs 25 to Rs 12,400.

Gold Rates In Hyderabad:

But gold rates in Hyderabad saw the most decline on May 22. For instance, 24 carat gold plummeted by Rs 4,400 to Rs 15,94,900 per 100 grams and 10 grams gold of the same is down by Rs 440 to Rs 1,59,490. Additionally, 8 grams and 1 gram gold price dipped by Rs 352 and Rs 44 to Rs 1,27,592 and Rs 15,949.

Under 22 carat, 100 grams gold is available at Rs 14,62,000 which is down by Rs 4,000. Meanwhile, 10 grams gold declined by Rs 400 to Rs 1,46,200 and 8 grams gold of 22 carat contracted by Rs 320 to Rs 1,16,960. Lastly, 1 gram gold edged lower by Rs 40 to Rs 14,620.

Furthermore, in 18 carat, gold rate decreased by Rs 3,300 in 100 grams to Rs 11,96,200. But here, 10 grams gold is lower by Rs 330 to Rs 1,19,620 and 8 grams gold is down by Rs 264 to Rs 95,696. Also, 1 gram gold is priced at Rs 11,962 in 18 carat, which is down by Rs 33.

Silver Rates In Chennai + Silver Rates In Hyderabad