Gold Price in India Today: 24K Falls Rs 22,900 In One Month! Silver Price Down| Bigger Crash Ahead In May?

Gold Price in India Today: The prices of 24 karat, 22 karat, and 18 karat gold in India saw a mild uptick on Thursday, April 30. The precious metal saw massive volatility throughout the month. Meanwhile, the silver rate in India also saw a decent downward movement in April.

The monthly decline in the gold rate in India came amid persistent uncertainty over the Iran-US ceasefire and crude oil price rally, and movement in the US Dollar. Indian investors closely track the gold rate in India daily. Here are the latest gold and silver rates in India as of Thursday, April 30.

Gold Rate in India Today

The price of 24 karat gold in India increased by Rs 22 per gram to Rs 15,066 per gram on Thursday, April 30. The price of 22 karat gold in India surged by Rs 20 per gram to Rs 13,810 per gram. Likewise, the rate of 18 karat gold in India increased by Rs 16 per gram to Rs 11,299 per gram.

24K Gold Rate in India Falls Rs 22,900/100 Gm In April

The 24 karat, 22 karat, and 18 karat gold in India showcased a highly volatile trajectory in the past one month. The price of 24 karat gold in India surged to Rs 15,57,800/100 gram, which was its all-time high in April 2026. However, the yellow metal saw an overall fall of Rs 22,900/100 Gram (24K) in April.

Silver Rate in India Today

The price of silver in India saw some decline on Thursday. Silver rate in India today declined to Rs 250 per gram on Thursday and to Rs 2,50,000 per kilogram. Silver price in India showcased massive volatility in January and February, where the precious metal jumped to its all time high mark of close to Rs 4 lakh in January and crashed significantly in February.

Will Gold Prices in India Crash in May?

Gold prices gave more than 60% return in the year 2025, hence the precious metal is unlikely to see any sharp moves in the coming months. However, persistent geopolitical tensions and crude oil price rally could impact gold price movement in May.

"Given the current levels, I do not expect gold prices to rise materially in the near term. The kind of appreciation gold has seen over the past year leaves room for a correction. Geopolitical risks also appear to be cooling, although they remain unpredictable in the current environment. From here, I expect gold prices to stay around the current range, with a possible variation of plus or minus 5% over the next two to three months, without any major movement," Rajeev Sharan, Head of Research, Brickwork Ratings, told Goodreturns.