As on May 10, 2025

Gold Rate in Srinagar Today

  • 75,800-0.32%

Who controls the price of gold?

The prices of gold are mostly influenced by trading activity in the London Over-the-Counter (OTC) spot gold market and the COMEX gold futures market, rather than the availability and demand for physical gold. Other markets like the Shanghai Gold Exchange (SGE) and Multi Commodity Exchange (MCX) usually mirror the prices set by the London and New York paper gold markets. Additionally, global economic and political events, as well as central bank policies and currency fluctuations, can also play a significant role in shaping the price of gold.

Gold Rate Today Price Trends in Srinagar

As on May 10, 20251 gram8 grams10 grams100 grams
24 Carat Gold₹7,580₹60,640₹75,800₹7,58,000
22 Carat Gold₹6,994₹55,952₹69,940₹6,99,400
* These gold rates are indicative and excludes GST etc. For exact rates contact your local jeweller.

Gold Rate News

Amidst global uncertainties, gold is gaining traction as a safe-haven asset, potentially reaching $3,300 per ounce in 2025. For Indian investors, gold's INR returns have consistently outperformed USD returns, driven by rupee depreciation. Increased industry turnover, especially in digital gold formats, reflects growing demand.

Gold rate for last 30 days

Date22 Carat Price24 Carat Price
May 10, 2025₹69,940-0.54% ₹75,800-0.32%
May 09, 2025₹69,942-0.54% ₹75,800-0.32%
May 08, 2025₹70,3220.94% ₹76,0400.53%
May 07, 2025₹69,666-1.19% ₹75,640-0.60%
May 06, 2025₹70,5070.87% ₹76,1000.38%
May 05, 2025₹69,902-0.29% ₹75,810-0.21%
May 04, 2025₹70,108-0.25% ₹75,9700.22%
May 03, 2025₹70,108-0.25% ₹75,9700.22%
May 02, 2025₹70,108-0.25% ₹75,9700.22%
May 01, 2025₹70,2820.75% ₹75,8000.26%
Apr 30, 2025₹69,759-0.88% ₹75,600-0.66%
Apr 29, 2025₹70,3770.51% ₹76,1000.36%
Apr 28, 2025₹70,020-0.05% ₹75,830-0.41%
Apr 27, 2025₹70,054-0.35% ₹76,1400.14%
Apr 26, 2025₹70,054-0.35% ₹76,1400.14%
Apr 25, 2025₹70,054-0.35% ₹76,1400.14%
Apr 24, 2025₹70,3030.08% ₹76,0300.25%
Apr 23, 2025₹70,2490.43% ₹75,840-0.18%
Apr 22, 2025₹69,9470.39% ₹75,9800.49%
Apr 21, 2025₹69,678-0.72% ₹75,610-0.34%
Apr 19, 2025₹70,187-0.22% ₹75,870-0.37%
Apr 18, 2025₹70,187-0.22% ₹75,870-0.37%
Apr 17, 2025₹70,187-0.22% ₹75,870-0.37%
Apr 17, 2025₹70,187-0.22% ₹75,870-0.37%
Apr 16, 2025₹70,3430.29% ₹76,1500.69%
Apr 15, 2025₹70,1370.01% ₹75,630-0.12%
Apr 14, 2025₹70,1290.15% ₹75,7200.03%
Apr 13, 2025₹70,021-0.30% ₹75,700-0.04%
Apr 12, 2025₹70,021-0.30% ₹75,700-0.04%
Apr 11, 2025₹70,021-0.30% ₹75,700-0.04%
Apr 10, 2025₹70,2280.18% ₹75,7300.04%

Gold Rate in Different Cities / States in India

Standard Gold (22 Carat)Pure Gold (24 Carat)
City Name1 gram8 grams1 gram8 grams
Gold Rate in Coimbatore₹6,950₹55,600₹7,547₹60,376
Gold Rate in Kanpur₹6,951₹55,608₹7,556₹60,448
Gold Rate in Ahmedabad₹7,082₹56,656₹7,552₹60,416
Gold Rate in Delhi₹7,165₹57,320₹7,640₹61,120
Gold Rate in Chandigarh₹7,251₹58,008₹7,733₹61,864
Gold Rate in Mumbai₹7,175₹57,400₹7,644₹61,152
Gold Rate in Pune₹7,140₹57,120₹7,610₹60,880
Gold Rate in Kolkata₹7,179₹57,432₹7,653₹61,224
View More

Gold Rate Calculator

Gold Rate in Srinagar for 1g 24 Carat is: ₹7,580

Gold Rate Comparison 22 Carat vs 24 Carat

Gold rate for last 10 days

Date22 Carat Price24 Carat Price
May 09, 2025₹6,994-0.54% ₹7,580-0.32%
May 08, 2025₹7,0320.94% ₹7,6040.53%
May 07, 2025₹6,967-1.19% ₹7,564-0.60%
May 06, 2025₹7,0510.87% ₹7,6100.38%
May 05, 2025₹6,990-0.29% ₹7,581-0.21%
May 04, 2025₹7,011-0.25% ₹7,5970.22%
May 03, 2025₹7,011-0.25% ₹7,5970.22%
May 02, 2025₹7,011-0.25% ₹7,5970.22%
May 01, 2025₹7,0280.75% ₹7,5800.26%
Apr 30, 2025₹6,976-0.88% ₹7,560-0.66%

Top Commodities

GAINERS
LOSERS
CommodityPrice(Rs)%ChgExpiry
Natural Gas321.54.79% 27-May-2025
Natural Gas347.63.24% 25-Jun-2025
Natural Gas353.82.76% 28-Jul-2025

What makes gold prices go up/down?

Gold is often seen as a safe investment during market downturns. Factors that can cause market volatility, such as changes in the dollar index and interest rates, central bank policies, inflation concerns, trade tensions, and political uncertainty, can all affect the price of gold. Additionally, changes in the value of the rupee and changes in import tariffs can also impact the price of gold.

Month-wise gold rate trend for 22 Carat

MonthStart Price
(per gram)
End Price
(per gram)
Change
(per gram)
Average Price
(per gram)
April 25₹6,971₹6,975₹40.06% ₹7,014
March 25₹6,977₹7,037₹600.86% ₹7,005
February 25₹7,024₹6,977₹-47-0.67% ₹7,004
January 25₹7,012₹7,024₹120.17% ₹7,008
December 24₹7,010₹7,003₹-7-0.10% ₹7,010
November 24₹7,017₹7,010₹-7-0.10% ₹7,008
October 24₹6,972₹7,036₹640.91% ₹7,007
September 24₹6,655₹7,008₹3525.29% ₹6,797
August 24₹6,454₹6,655₹2013.12% ₹6,549
July 24₹6,669₹6,388₹-281-4.21% ₹6,648
June 24₹6,780₹6,717₹-63-0.93% ₹6,709
May 24₹6,698₹6,780₹811.21% ₹6,773

Month-wise gold rate trend for 24 Carat

MonthStart Price
(per gram)
End Price
(per gram)
Change
(per gram)
Average Price
(per gram)
April 25₹7,566₹7,560₹-6-0.08% ₹7,588
March 25₹7,569₹7,605₹360.48% ₹7,586
February 25₹7,601₹7,569₹-32-0.42% ₹7,588
January 25₹7,596₹7,601₹50.07% ₹7,589
December 24₹7,603₹7,561₹-42-0.55% ₹7,590
November 24₹7,580₹7,566₹-14-0.18% ₹7,589
October 24₹7,574₹7,582₹80.11% ₹7,588
September 24₹7,211₹7,568₹3564.94% ₹7,351
August 24₹6,982₹7,198₹2163.10% ₹7,089
July 24₹7,186₹6,948₹-238-3.30% ₹7,196
June 24₹7,340₹7,232₹-108-1.48% ₹7,252
May 24₹7,240₹7,321₹811.12% ₹7,326

Weekly performance of Gold rate for 22 carat in Srinagar

Week
(Mon-Sun)
Start Price
(per gram)
End Price
(per gram)
Change
(per gram)
Average Price
(per gram)
05 May - 10 May₹6,990₹6,994₹40.06% ₹7,006
28 Apr - 04 May₹7,002₹7,010₹90.13% ₹7,011
21 Apr - 27 Apr₹6,967₹7,005₹380.54% ₹7,004
14 Apr - 20 Apr₹7,012₹7,018₹60.08% ₹7,019
07 Apr - 13 Apr₹7,003₹7,002₹-1-0.02% ₹7,013
31 Mar - 06 Apr₹7,037₹7,054₹180.25% ₹7,025
24 Mar - 30 Mar₹7,026₹6,995₹-31-0.44% ₹7,010
17 Mar - 23 Mar₹7,032₹6,991₹-41-0.59% ₹6,999
10 Mar - 16 Mar₹7,026₹7,007₹-19-0.26% ₹7,008

Weekly performance of Gold rate for 24 carat in Srinagar

Week
(Mon-Sun)
Start Price
(per gram)
End Price
(per gram)
Change
(per gram)
Average Price
(per gram)
05 May - 10 May₹7,581₹7,580₹-1-0.01% ₹7,587
28 Apr - 04 May₹7,583₹7,597₹140.18% ₹7,587
21 Apr - 27 Apr₹7,561₹7,614₹530.70% ₹7,595
14 Apr - 20 Apr₹7,572₹7,587₹150.20% ₹7,585
07 Apr - 13 Apr₹7,593₹7,570₹-23-0.30% ₹7,579
31 Mar - 06 Apr₹7,605₹7,611₹60.08% ₹7,592
24 Mar - 30 Mar₹7,599₹7,602₹30.04% ₹7,594
17 Mar - 23 Mar₹7,612₹7,579₹-33-0.43% ₹7,580
10 Mar - 16 Mar₹7,589₹7,596₹70.09% ₹7,581

Do gold rates vary with discounts?

Grey market operators often provide discounts on gold as they sell it aggressively, taking advantage of the increased margin that comes with rising bullion prices. However, these discounts can sometimes be substantial and may negatively impact dealers' margins, making it a less profitable business. Additionally, these discounts may not be directly passed on to customers and can vary between dealers.
The Economic Times
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