As of May 15, 2025, gold prices in India have experienced a slight decrease. According to Gadgets 360, the gold rate in India today is ₹93,860 per 10 grams for 24 Carat gold and ₹85,980 for 22 Carat gold. 91Mobiles.com reports the prices as ₹93,859 for 24 Carat and ₹85,975 for 22 Carat per 10 grams. These prices are updated and align with industry standards.

Here's a breakdown of the gold rates per gram according to 91Mobiles.com:

• 24 Carat Gold: ₹9,386 per gram
• 22 Carat Gold: ₹8,598 per gram

Historical Price Trends

Over the past few days, gold prices have fluctuated. 91Mobiles.com data shows the following trends:

• May 14: ₹93,859 (24 Carat), ₹85,975 (22 Carat) - a decrease of ₹485 for 24 Carat and ₹444 for 22 Carat.
• May 13: ₹94,344 (24 Carat), ₹86,419 (22 Carat) - an increase of ₹1,268 for 24 Carat and ₹1,161 for 22 Carat.
• May 12: ₹93,076 (24 Carat), ₹85,258 (22 Carat) - a decrease of ₹3,340 for 24 Carat and ₹3,059 for 22 Carat.

Factors Influencing Gold Prices

Several factors influence gold prices in India, including:

• Demand and Supply: Increased demand with limited supply leads to higher prices, while oversupply with weak demand can lower prices.
• Global Market Factors: These include supply chain disruptions, currency fluctuations, and geopolitical tensions.
• Quantitative Easing (QE): Money supply in the economy through QE can lead to increased investment in gold, pushing prices higher.
• Customs Duty: Changes in customs duty on gold imports can affect prices and benefit the jewellery industry.

Regional Price Variations

It's important to note that gold rates can vary from city to city due to factors like demand, local taxes, transportation costs, and making charges.

Cultural Significance

Gold holds a significant place in Indian culture and is considered a symbol of prosperity and security. It plays a vital role in life events like weddings and festivals, making it a crucial asset for many Indian households.