Gold Rate Today in India Rises on Weak Dollar; Check Latest 22K, 24K, 18K Gold & Silver Prices on 6 May 2026

Gold rates in India edged higher on May 06, 2026, after witnessing a sharp correction over the previous two sessions, where rates had fallen by a total of Rs 17,400 per 100 gm of 24K gold. The rebound comes as 24K gold rose to Rs 15,131 per 10 gm, up by Rs 213, while 22K gold climbed to Rs 13,870 per 10 gm, gaining Rs 195.

Jump in Gold, Silver Prices Today Amid Weak Dollar, Supported By De-escalation Signs in Iran-US Tensions

The uptick in gold prices is being supported by a weaker US dollar, which has improved the appeal of the yellow metal as a safe-haven asset. At the same time, softer crude oil prices have helped ease concerns around persistent inflation and the possibility of higher-for-longer interest rates.

Adding to the positive sentiment, hopes of a potential US-Iran peace deal and signs of de-escalation in the Middle East have pushed oil prices lower. This has further reduced inflationary pressures, indirectly supporting gold prices in global markets.

Meanwhile, silver prices also moved higher in the domestic market. Silver is currently priced at Rs 265 per gram, up by Rs 10, while the price per kilogram stands at Rs 2,65,000, marking a sharp increase of Rs 10,000.

Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices on 6 May 2026

24 Karat Gold Rate Today in India

For 24K gold, the price on Wednesday stands at Rs 15,131 per gram, rising by Rs 213 from Rs 14,918 yesterday. On a bulk scale, 8 grams of 24K gold is priced at Rs 1,21,048, up by Rs 1,704 compared to Rs 1,19,344 earlier. The commonly tracked 10-gram rate has increased to Rs 1,51,310, marking a gain of Rs 2,130 from Rs 1,49,180. Meanwhile, 100 grams of 24K gold now costs Rs 15,13,100, reflecting a sharp rise of Rs 21,300 from the previous Rs 14,91,800.

22 Karat Gold Rate Today in India

Similarly, 22K gold on 6 May 2026 has also registered gains across all weights. The price per gram is currently Rs 13,870, up by Rs 195 from Rs 13,675. For 8 grams, the rate has climbed to Rs 1,10,960, showing an increase of Rs 1,560 from Rs 1,09,400.

The 10-gram price of 22K stands at Rs 1,38,700, higher by Rs 1,950 compared to Rs 1,36,750. On a larger scale, 100 grams of 22K gold is now valued at Rs 13,87,000, rising by Rs 19,500 from Rs 13,67,500.

18 Karat Gold Rate Today in India

In the case of 18K gold, the rate per gram is Rs 11,348, up by Rs 159 from Rs 11,189. For 8 grams, the price is Rs 90,784, reflecting a gain of Rs 1,272 from Rs 89,512. The 10-gram rate has increased to Rs 1,13,480, up by Rs 1,590 from Rs 1,11,890. Meanwhile, 100 grams of 18K gold is priced at Rs 11,34,800, marking an increase of Rs 15,900 from Rs 11,18,900.

Silver Rate Today: Check Latest Silver Prices Per Kg and Grams on May 6, 2026

On May 06, 2026, silver prices in India moved higher across all standard weight segments. The rate for 1 gram of silver is Rs 265, up from Rs 255, marking a gain of Rs 10.

For 8 grams, silver is now priced at Rs 2,120 compared to Rs 2,040 earlier, reflecting an increase of Rs 80. The 10-gram rate stands at Rs 2,650, rising by Rs 100 from Rs 2,550.

Looking at higher quantities, 100 grams of silver is currently valued at Rs 26,500, up by Rs 1,000 from Rs 25,500. Meanwhile, 1 kg of silver has surged to Rs 2,65,000 from Rs 2,55,000, recording a sharp jump of Rs 10,000 over the previous day.

Gold Prices Outlook Ahead Amid Iran-US Tension, Oil Prices, Bond Yields & Fed Rate Cut Expectations

"US forces repelled Iranian attacks in the Strait of Hormuz, while the UAE intercepted Iranian missiles and linked a Fujairah port fire to an Iranian drone strike. These developments have rattled ceasefire confidence, lifting oil prices and bond yields. Markets now price a 22% probability of a Fed rate hike in January 2027, up from near zero. Gold is seen trading $4,500-$4,850; silver $71-$80," said Mr. Prithviraj Kothari, MD at RiddiSiddhi Bullions Ltd., President of India Bullion and Jewellers Association Ltd.

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