
Gold Holds Near Record High In India, Silver Slips; Check Gold and Silver Prices In Your City
Gold and Silver Prices Today, May 26, 2026: Gold prices hold firm in Indian markets on May 26, and the rates for 24K gold are hovering close to 16,000 a gram even as bullion markets slump internationally. Decline in global yields and U.S. dollar-backed local markets. But the strengthening of the geopolitical outlook limited a much larger upside. In silver, physical markets are seen correcting marginally, while futures trade sees a larger correction with investors divesting some of their safe-haven holdings.
Gold rates in India went up marginally on Tuesday across purity categories.
| Gram | 24K Gold | 22K Gold | 18K Gold |
|---|---|---|---|
| 1 Gram | ₹15,939 (+1) | ₹14,611 (+1) | ₹11,955 (+1) |
| 8 Gram | ₹1,27,512 (+8) | ₹1,16,888 (+8) | ₹95,640 (+8) |
| 10 Gram | ₹1,59,390 (+10) | ₹1,46,110 (+10) | ₹1,19,550 (+10) |
| 100 Gram | ₹15,93,900 (+100) | ₹14,61,100 (+100) | ₹11,95,500 (+100) |
(Source: Good Returns | Rates are indicative and exclude GST, TCS and other local levies.)
Chennai continued to be expensive relative to most other major cities.
| City | 24K Gold | 22K Gold | 18K Gold |
|---|---|---|---|
| Chennai | ₹16,125 | ₹14,781 | ₹12,401 |
| Mumbai | ₹15,939 | ₹14,611 | ₹11,955 |
| Delhi | ₹15,954 | ₹14,626 | ₹11,965 |
| Kolkata | ₹15,939 | ₹14,611 | ₹11,955 |
| Bangalore | ₹15,939 | ₹14,611 | ₹11,955 |
| Hyderabad | ₹15,939 | ₹14,611 | ₹11,955 |
| Kerala | ₹15,939 | ₹14,611 | ₹11,955 |
| Pune | ₹15,939 | ₹14,611 | ₹11,955 |
| Vadodara | ₹15,944 | ₹14,616 | ₹11,960 |
| Ahmedabad | ₹15,944 | ₹14,616 | ₹11,960 |
(Source: Good Returns | The rates are indicative and do not include GST, TCS & other local charges.)
Three major triggers supported domestic gold prices:
A softer dollar provided support to bullions globally.
The decline in US Treasury yields lowers the opportunity cost for holding gold (non-interest-bearing assets).
A cooling geopolitical scenario and a potential road map to a US-Iran deal increased overall market sentiment.
In addition to this, an appreciation in the rupee restricted an exponential rise in domestic prices despite favourable global factors.
Global bullion markets retreated in initial trading after a recent jump.
| Precious Metal | Current Price (Per Ounce) | Change ($) | Change (%) | Trend |
|---|---|---|---|---|
| Spot Gold | $4,542.61 | -$28.87 | -0.63% | ▼ Lower |
| Spot Silver | $76.89 | -$1.33 | -1.71% | ▼ Lower |
The fall was driven by profit booking and lower safe-haven demand as investors rotated into risk assets on improving sentiment.
Silver prices were largely unchanged with a slight downside bias.
| City | 10 Gram | 100 Gram | 1 KG |
|---|---|---|---|
| Chennai | ₹2,949 | ₹29,490 | ₹2,94,900 |
| Mumbai | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Delhi | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Kolkata | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Bangalore | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Hyderabad | ₹2,949 | ₹29,490 | ₹2,94,900 |
| Kerala | ₹2,949 | ₹29,490 | ₹2,94,900 |
| Pune | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Vadodara | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Ahmedabad | ₹2,849 | ₹28,490 | ₹2,84,900 |
(Source: Good Returns | Rates are indicative and do not include GST, TCS and other local charges.)
Domestic bullion futures followed global softness.
MCX Gold July futures fell ₹737 or 0.46% to ₹1,58,344 per 10 grams (9:33 AM IST)
MCX Silver futures dropped ₹3,809 or 1.38% to ₹2,72,907 per kg (9:34 AM IST)
Corrections suggest short-term caution after the recent rally; however, the trend still reacts to dollar fluctuations, world yields and geopolitical headlines.
But gold is not far from historical peaks even with intermittent corrections. Let’s take a look at the gold price in the last ten days.
| Date | 24K Gold | 22K Gold |
|---|---|---|
| May 26, 2026 | ₹15,939 (+1) | ₹14,611 (+1) |
| May 25, 2026 | ₹15,938 (+32) | ₹14,610 (+30) |
| May 24, 2026 | ₹15,906 (0) | ₹14,580 (0) |
| May 23, 2026 | ₹15,906 (-43) | ₹14,580 (-40) |
| May 22, 2026 | ₹15,949 (-44) | ₹14,620 (-40) |
| May 21, 2026 | ₹15,993 (+49) | ₹14,660 (+45) |
| May 20, 2026 | ₹15,944 (+240) | ₹14,615 (+220) |
| May 19, 2026 | ₹15,704 (+82) | ₹14,395 (+75) |
| May 18, 2026 | ₹15,622 (-71) | ₹14,320 (-65) |
| May 17, 2026 | ₹15,693 (0) | ₹14,385 (0) |
(Source: Good Returns | Rates are indicative and do not include GST, TCS and other local charges.)
The move points to buyers that are indeed buying on the dips, though volatility will continue to be strong.
Let’s take a look at the gold price in the last ten days.
| Date | 10 Gram | 100 Gram | 1 KG |
|---|---|---|---|
| May 26, 2026 | ₹2,849 | ₹28,490 | ₹2,84,900 (-₹100) |
| May 25, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 (0) |
| May 24, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 (0) |
| May 23, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 (0) |
| May 22, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 (0) |
| May 21, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 (+₹5,000) |
| May 20, 2026 | ₹2,800 | ₹28,000 | ₹2,80,000 (-₹5,000) |
| May 19, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 (-₹5,000) |
| May 18, 2026 | ₹2,900 | ₹29,000 | ₹2,90,000 (+₹10,000) |
| May 17, 2026 | ₹2,800 | ₹28,000 | ₹2,80,000 (0) |
The metal is supported by the macro tailwinds that it currently possesses – a weak dollar and falling bond yields are helping gold move up; however, a rise in risk appetite and a strengthening Indian rupee seem to be putting a lid on any new upside. The white metal, on the other hand, appears slightly more vulnerable to near-term profit booking; however, traders will focus on global yields, currencies and global political developments for fresh direction.
Priyanka Roshan is a business writer and assistant editor at the NewsX website who tracks everything from stock market swings and corporate earnings to personal finance trends and policy shifts. Known for turning fast-moving business developments into sharp, reader-friendly stories, she combines speed, accuracy, and a data-driven approach to break down complex financial news for everyday audiences.
With over 9.5 years of newsroom experience, Priyanka has worked with leading media organisations, including Moneycontrol, Times Now, and Ping Digital, covering diverse beats such as business, politics, technology, auto, travel, sports, and the world. From live breaking news desks to SEO-led digital storytelling, she specialises in creating engaging content that keeps readers informed without overwhelming them.
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