Gold Rate In India Update, May 26: 24K Gold Falls Nearly Rs. 5000 Per 100 Grams; Silver Prices Remain Flat

Gold price in India today declined after experiencing a surge on the previous day. On May 26, the 24 karat gold rate in India fell by Rs. 4,900 per 100 grams, while the 22 karat gold price dropped by Rs. 4,500 per 100 grams.

The domestic bullion market is currently following trends in global spot gold prices amid changing geopolitical developments. In the domestic commodity market, gold futures for June 2026 delivery also slipped by Rs. 547 to Rs. 1,58,534 per 10 grams.

Gold rates in India are mainly influenced by the movement of the yellow metal in the international market. On Tuesday, global spot gold prices retreated after fresh developments in the U.S.-Iran tensions impacted investor sentiment. Reports of the U.S. launching attacks on Iran pushed crude oil prices higher, pushing safe haven demand lower.

Gold Rate in India Today, May 26

As of Tuesday, May 26, the 22-carat gold rate in India slipped by Rs. 450 per 10 grams to cost Rs. 1,45,650 per 10 grams. While the 24-carat gold prices today dropped by Rs. 490 and are currently at Rs. 1,58,890 per 10 grams. Similarly, the 18-carat gold rate today retails at Rs. 1,19,170, which dropped by Rs. 370.

Similarly, the 100 grams of 22-carat gold stands at Rs. 15,88,900 after decreasing by Rs.4900. While the 24-carat gold price in India per 100 grams is now retailing at Rs. 14,56,500 which dropped by Rs. 4500.

MCX Gold and Silver Futures Update

On the Multi Commodity Exchange (MCX), gold futures slated to mature on June 5, 2026, also experienced a decline today, trading at Rs.1,58,112 after slipping 0.61%. Similarly, silver futures, with an expiry date of July 3rd, dropped today by 1.59% to trade at Rs 2,72,330.

City-Wise Gold Rates Today, May 26

Major metropolitan cities in India, including Chennai, Mumbai, Bangalore, and Hyderabad, mirrored the drop in the gold rates in India today. Here's the latest city-wise update on 22-carat and 24-carat gold rates on 26th May.

In Chennai, the 24-carat gold rate stands at Rs 1,60,690 per 10 grams, while the 22-carat gold price in Chennai is Rs 1,47,300 per 10 grams.

In Bangalore, the gold rate for 24-carat is Rs. 1,58,890 per 10 grams, and the 22-carat gold rate in Bangalore is Rs.1,45,650 per 10 grams.

In Hyderabad, the 24K gold price is Rs. 1,58,890 per 10 grams, and the 22K gold rate in Hyderabad is Rs.1,45,650 per 10 grams.

In Mumbai, the 22-carat gold rate is Rs.1,45,650 per 10 grams, while the 24-carat gold price in Mumbai remains at Rs. 1,58,890 per 10 grams.

Silver Price Movement in India

Silver prices in India today observed no major movement for the 5th consecutive day. So 1kg of silver in India costs Rs. 2,85,000, while 100g of silver in India costs Rs. 28,500.

Market Outlook for Gold Prices

"Gold prices are expected to rise. One can buy at Rs. 158500 with a stop loss of 157500. Prices can test Rs. 160000- Rs. 161500." As per the Nirmal Bang Securities report.

Spot Gold Prices + Spot Silver Price Today

According to a latest report by Reuters, "Spot gold was down 0.6% at $4,542.20 per ounce as of 0401 GMT. U.S. gold futures for June delivery gained 0.4% ​to $4,542.80. Spot silver fell 1.6% to $76.84 per ounce ."

"Spot gold eased toward $4,536/oz after the previous session's rally, as renewed US action dampened optimism around a potential US-Iran agreement and kept inflation concerns elevated despite ongoing diplomatic progress.US-Iran negotiations are reportedly centred on a temporary ceasefire extension that could pave the way for easing shipping disruptions in the Strait of Hormuz." as per Kotak Commodities Report.

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