Gold Rates Today Crash Most In Hyderabad: 100/Grams Fall Rs 44,420; Know 24K, 22K, 18K Gold Prices On May 15

Gold rates in India crashed significantly on May 15, 2026; however, the steepest decline was seen in cities like Hyderabad. Among key factors that toppled gold are a strong USD, a surge in crude oil prices, an escalating energy crisis and continued unrest in the Middle East, which is hampering global economic conditions.

The appetite for gold dulled drastically as expectations of rate hikes from central banks due to inflationary pressures sent investors in a panic selling. Rupee also hit the 96 mark for the first time, worsening the the gold exchange market.

Gold Rates In Hyderabad:

24 carat gold rates crashed the most on May 15, 2026. 10 grams gold extended its decline by Rs 4,420 to Rs 1,57,910 per 10 grams, while 100 grams gold price crashed by RS 44,200 to Rs 15,79,100. Further, 24 carat gold price in 8 grams slipped by Rs 3,536 to Rs 1,26,328 and 1 gram gold dipped by Rs 442 to Rs 15,791.

In case of 22 carat, gold price dropped by a huge RS 40,500 to RS 14,47,500 per 100 grams and declined by Rs 4,050 to Rs 1,44,750 per 10 grams. In 8 grams, 22 carat gold slipped by Rs 3,240 to Rs 1,15,800 and in 1 gram, the price was down by Rs 404 to Rs 14,475.

Under 18 carat, gold price plunged by Rs 33,200 to Rs 11,84,300 per 100 grams, and tumbled by Rs 3,320 to RS 1,18,430 per 10 grams. In 8 grams, gold plummeted by Rs 2,656 to Rs 94,744. Lastly, 1 gram gold is down by Rs 332 to Rs 11,843.

What Is Impacting Gold Prices In India Today?

As per Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, gold prices felt the heat as MCX Gold corrected sharply by nearly ₹3,000 to ₹1,59,070, pressured by a rise in crude oil prices and a stronger dollar index, which weighed on bullion sentiment. Profit booking also emerged after the steep rally and elevated levels witnessed in recent sessions. For the short term, gold support is seen near ₹1,54,000 while resistance remains around ₹1,62,000. Markets will closely track updates from the US-China meeting, Trump's policy stance after returning to the US, and ongoing geopolitical tensions involving the US, Israel, and Iran.

Furthermore, Prithviraj Kothari, Managing Director at RiddiSiddhi Bullions Ltd said, gold faces a modest weekly decline while silver slipped below $82, weighed down by persistent US inflation and renewed rate hike expectations. April data showed wholesale and consumer prices rising at their fastest pace since 2022 and 2023 respectively, driven largely by the Iran conflict and Strait of Hormuz closure disrupting global energy flows. Markets have fully priced out Fed cuts for 2025, with some now betting on a December hike.