Gold Rates Today (02-05-2026) Jump After Rs 21,300 Crash; 24K, 22K, 18K Gold Prices At IBJA, Tanishq, More

Gold rates in India climbed on Saturday, May 2, after witnessing mega crash by Rs 21,300 in 24 carat of 100 grams in the previous day. The 10 grams gold price had plunged by Rs 2,130 yesterday. On Saturday, 10 grams gold recovered marginally Rs 330 and 100 grams surged by Rs 3,300 to Rs 1,50,930 and Rs 15,09,300 respectively. Accordingly, 22 carat and 18 carat gold prices have recovered. The performance comes after spot gold reclaimed above $4,600 per ounce mark but still logged its second weekly decline. Crude oil prices plunged to below 110 mark and US dollar weakened, which further offered some support to gold.

Bullion entered the month of May on a bearish tone, extending its volatile momentum after closing April 2026 with marginal downside. Gold was hit the most in March 2026, with nearly a 14% drop due to the US-Israel-Iran war.

Still, bullion prices are down almost 15% since the beginning of the war, as energy supply disruptions have heightened inflation concerns, reinforcing expectations that major central banks may keep interest rates elevated for longer or potentially tighten further. Meanwhile, data from the World Gold Council showed that central banks increased their gold reserves in the first quarter, as per Trading Economics.

Check Gold Rates Today:

Tanishq Gold Rates Today

On May 2, 22 carat gold price at Tanishq falls by Rs 80 in 1 gram to Rs 13,875, while it slipped by Rs 640 to Rs 111,000 per 8 grams. The 22 carat gold rate of 10 grams plunged by Rs 800 to Rs 138,750 and 100 grams gold crashed by Rs 8,000 to Rs 1,387,500.

Meanwhile, 24 carat gold is at Rs 15,136 per 1 gram and at Rs 1,51,360 per 10 grams. Also, 18 carat gold price stood at Rs 11,352 per 1 gram and at Rs 1,13,520 per 10 grams.

Malabar Gold Rates Today

Here, 22 carat gold rate stood at Rs 13,835 per 1 gram and at Rs 1,38,350 per 10 grams. Further, 24 carat gold stood at Rs 15,093 per 1 gram and at Rs 1,50,930 per 10 grams.

Kalyan Jewellers Gold Rates Today

The price of 1 gram gold rate in 22 carat stood at Rs 13,835 at Kalyan Jewellers. In the 10 grams, gold rate stood at Rs 1,38,350.

Joyalukkas Gold Rates Today:

22 carat gold price in 1 gram stood at Rs 13,835 and in 10 grams, the price was at Rs 1,38,350. This price is applicable in states like Andhra Pradesh, Delhi, Gujarat, Karnataka, Kerala, Maharashtra, Odisha, Punjab, Telangana, Tamil Nadu, Uttar Pradesh, and West Bengal.

IBJA Gold Rates Today

The 999 purity gold price at IBJA stood at Rs 15,026 per 1 gram, followed by 995 purity gold price at Rs 14,966. Also, the 916 purity gold rate is at Rs 13,764 and 750 purity gold price is at Rs 11,270. Lastly, the 585 purity gold stood at Rs 8,790.

GRT Gold Rates Today

At GRT, the price of 1 gram gold stood at Rs 15,104 in 24 carat, at Rs 13,835 in 22 carat, at Rs 11,328 in 18 carat, and at Rs 8,811 in 14 carat. Meanwhile, the price of 1 gram platinum is at Rs 7,392 and 1 gram silver is priced at Rs 270.

Bhima Gold Rates Today

Here, 1 gram gold is available at Rs 12,999 in 22 carat, at Rs 15,100 in 24 carat, and at Rs 10,899 in 18 carat. The price of 1 gram silver is at Rs 219.

Abharan Gold Rates Today

Further, at Abharan, the price of 1 gram gold stood at Rs 15,093 in 24 carat, at Rs 13,835 in 22 carat, at Rs 11,320 in 18 carat, and at Rs 8,804 in 14 carat. 1 gram silver is at Rs 253.2.

Jos Alukkas Gold Rates Today

Here, 1 gram gold is at Rs 15,098 in 24 carat, at Rs 13,835 in 22 carat and at Rs 11,425 in 18 carat.

According to World Gold Council, geopolitics remain front and centre in our outlook for gold demand in 2026. Our view remains that investment and central bank demand will be supported by ongoing geopolitical risk, with further investment impetus from elevated inflation and persistent high gold prices. Jewellery demand will remain under pressure for similar reasons, albeit that spending will likely remain resilient.

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