The continuous decline in the prices of gold and silver in the bullion market for the last few days has now stopped. On the morning of Saturday, May 30, 2026, gold and silver prices have once again seen a strong recovery in the Indian markets. Strong signals from global markets and increased demand due to the wedding season in the domestic market have again boosted the prices of gold and silver.
Price of 24 carat gold increased today in the capital Delhi ₹1,57,800 per 10 grams has reached Rs. 10,000, whereas in Mumbai this price ₹1,57,650 per 10 grams were recorded. Bullion traders say that due to the boom in the international market and the possibility of an early peace agreement between America and Iran, investor confidence has changed, which is having a direct impact on the prices.
Why did precious metals suddenly become expensive?
According to market analysts, there are two-three big reasons behind this sudden rise in gold and silver:
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Expectation of America-Iran deal: There are reports coming from international circles that there are possibilities of an initial agreement between America and Iran. This news has changed the equations of the global market.
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Strength in international market: Spot gold is strong in the global market $4,530.72 per ounce But is doing business. The effect of this strength at the international level is also visible at the domestic level.
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Domestic demand for weddings: Wedding season is currently going on in India. Recently, due to low prices, the crowd of buyers has increased in the bullion markets, due to which there has been a strong increase in demand.
30 May 2026: Latest gold rates in main cities of the country
This morning, the retail prices of 22 carat and 24 carat gold in different states and major cities of the country are as follows:
| city name | 22 carat gold price (₹/10 grams) | 24 carat gold price (₹/10 grams) |
| New Delhi | ₹1,44,660 | ₹1,57,800 |
| Jaipur | ₹1,44,660 | ₹1,57,800 |
| Lucknow | ₹1,44,660 | ₹1,57,800 |
| Chandigarh | ₹1,44,660 | ₹1,57,800 |
| Mumbai | ₹1,44,510 | ₹1,57,650 |
| Kolkata | ₹1,44,510 | ₹1,57,650 |
| Hyderabad | ₹1,44,510 | ₹1,57,650 |
| Pune | ₹1,44,510 | ₹1,57,650 |
| Bengaluru | ₹1,44,510 | ₹1,57,650 |
| Ahmedabad | ₹1,44,560 | ₹1,57,700 |
| Bhopal | ₹1,44,560 | ₹1,57,700 |
| Chennai | ₹1,46,010 | ₹1,59,290 |
There was a huge jump in the prices of silver also
The silver shine returned:
Like gold, the recession phase in the silver market also seems to be ending. Today on the morning of 30th May, the price of silver increased in the Indian markets. ₹2,80,100 per kilogram But has reached. The price of spot silver in the international market is currently running at $ 75.52 per ounce. In the last trading session in Delhi’s bullion market, a huge rise of up to ₹ 5,000 was seen in silver in a single day, which now remains above ₹ 2.80 lakh.
Experts believe that in the coming days, until the global geopolitical factors and the position of the dollar become completely stable, this fluctuation in prices in the bullion market may continue like this.
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