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Gold Price City-Wise On May 19: Check Latest 22K, 24K Rates in New Delhi, Bengaluru, Mumbai, & More

Easing trade tensions between China and the United States, along with improved global market conditions, have contributed to a decline in the prices of traditionally safe haven assets such as gold and silver.

In terms of returns, gold prices have risen by 30 per cent over the past year alone, delivering a compound annual growth rate (CAGR) of 15 per cent since 2001.

Representational image
Photo Credit: PTI

Since 1995, gold has consistently outpaced inflation by approximately 2 to 4 per cent, according to available data.

Gold and Silver Rates in India - 19 May

As per the official Multi Commodity Exchange (MCX) data at 7:20 am on 19 May, spot gold was priced at ₹92,480 per 10 grams, while silver stood at ₹95,297 per kilogram.

According to the Indian Bullion Association (IBA), the price of 24-carat gold was ₹92,880 per 10 grams, and 22-carat gold was ₹85,140 per 10 grams. Silver (999 Fine) was recorded at ₹95,490 per kilogram.

Below is a summary of gold and silver prices across major Indian cities on 19 May.

It's important to note that retail prices may include additional charges such as making fees, taxes, and GST, which could increase the final amount payable by consumers.

Gold and Silver Prices in Chennai - 19 May

Bullion gold rate: ₹92,970/10 gm

MCX gold rate: ₹92,480/10 gm

Bullion silver rate: ₹95,580/kg

MCX silver (999 Fine): ₹95,297/kg

Gold and Silver Prices in Bengaluru - 19 May

Bullion gold rate: ₹92,780/10 gm

MCX gold rate: ₹92,480/10 gm

Bullion silver rate: ₹95,380/kg

MCX silver (999 Fine): ₹95,297/kg

Gold and Silver Prices in Hyderabad - 19 May

Bullion gold rate: ₹92,850/10 gm

MCX gold rate: ₹92,480/10 gm

Bullion silver rate: ₹95,460/kg

MCX silver (999 Fine): ₹95,297/kg

Gold and Silver Prices in Mumbai - 19 May

Bullion gold rate: ₹92,700/10 gm

MCX gold rate: ₹92,480/10 gm

Bullion silver rate: ₹95,310/kg

MCX silver (999 Fine): ₹95,297/kg

Gold and Silver Prices in Kolkata - 19 May

Bullion gold rate: ₹92,580/10 gm

MCX gold rate: ₹92,480/10 gm

Bullion silver rate: ₹95,180/kg

MCX silver (999 Fine): ₹95,297/kg

Gold and Silver Prices in New Delhi - 19 May

Bullion gold rate: ₹92,540/10 gm

MCX gold rate: ₹92,480/10 gm

Bullion silver rate: ₹95,140/kg

MCX silver (999 Fine): ₹95,297/kg

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