Gold and Silver Prices Today, 19 May 2025: On the Multi Commodity Exchange (MCX), gold futures for June delivery showed uptrend. Also, as of the last count at around 11:28 am, it traded with gains of 0.8 per cent or Rs 778 at Rs 93,219 per 10 gm. Meanwhile, silver futures were up 0.4 per cent at Rs 95,696 per kg.
Gold prices are on a rise again amid declining economic conditions in the US. Global rating agency Moody’s has downgraded its investment rating on the US citing heavy debt.
Meanwhile, Trump’s fresh take on tariffs has also raised the bullion’s appeal.
On trading allies, where Trump could not negotiate in ‘good faith’ will impose tariffs as threatened earlier, said Treasury Secretary Scott Bessent in television interviews on Sunday.’
Trump tariff blows have been a severe threat to the global financial markets and as has been seen with Bessent’s comment who has called the Republican president’s “strategic uncertainty”.
International gold markets
Internationally gold prices saw gains with gold June futures trading higher by 1.44 per cent at $3,231 per ounce, while in the spot market was up 0.83 per cent at $ 3,229 per ounce.
Silver futures, meanwhile traded 0.8 per cent higher at $32.61 per ounce, while in the spot market it was at $32.45 per ounce, up 0.5 per cent.
Retail Gold Prices Across Major Indian Cities (May 19, 2025):
|
City |
24K |
22K |
|
Mumbai |
Rs 9551 |
Rs 8755 |
|
Delhi |
Rs 9566 |
Rs 8770 |
|
Chennai |
Rs 9551 |
Rs 8755 |
|
Kolkata |
Rs 9551 |
Rs 8755 |
|
Bengaluru |
Rs 9,901 |
Rs 9,901 |
