Gold prices vary every day and it is a very important investment and means of purchasing jewelry in India. Today, on 7 May 2025, there has been a slight decline in the price of gold, making it a good opportunity for both buyers and investors. Gold rates in India are up-and-down due to many reasons, such as change in international market, dollar-rupa exchange rate, domestic demand, festive season and economic conditions. For this reason, it is important to know every day Gold Rate Today, especially when you are thinking of buying gold for jewelry or investment.
In today’s article, we will tell you in detail about the fresh gold rate of 7 May 2025. Also, we will know what is the price of 22 carat and 24 carat gold in your city today, how gold prices are fixed, and what should be kept in mind. Through the table and list given below, you can easily see the latest gold rate of your city.
Gold rate today 7 May 2025 – Overview Table
| Acquaintance | Description |
| Today’s date | 7 May 2025 |
| 24 carat gold price | ₹ 98,610 – ₹ 103,568 per 10 grams |
| 22 carat gold price | ₹ 90,400 – ₹ 95,414 per 10 grams |
| 18 carat gold price | ₹ 73,970 – ₹ 78,067 per 10 grams |
| Rate in major cities | Delhi, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad, Jaipur, Lucknow, Patna, Chandigarh |
| Today’s change | ₹ 1,200 – ₹ 1,300 per 10 grams cheaper |
| Main reason | Dollar-Rupaya Rate, Global Market, Demand-Sowing, Import Duty |
| Suitable for investment | Yes, the opportunity to purchase due to fall in prices |
| Silver | 96,000 -, 97,000 per kg |
Complete information about today’s Gold Rate Today (Gold Price Today in India)
The price of gold has declined on 7 May 2025 in India today. The rates of 24 carats and 22 carat gold in different cities of the country are as follows:
| City | 24 carat (10 grams) | 22 carat (10 grams) |
| Delhi | ₹ 98,610 | ₹ 90,400 |
| Mumbai | ₹ 98,460 | ₹ 90,250 |
| Chennai | ₹ 98,510 | ₹ 90,300 |
| Kolkata | ₹ 98,510 | ₹ 90,300 |
| Bengaluru | ₹ 98,460 | ₹ 90,250 |
| Hyderabad | ₹ 98,460 | ₹ 90,250 |
| Jaipur | ₹ 98,510 | ₹ 90,300 |
| Lucknow | ₹ 98,460 | ₹ 90,250 |
| Patna | ₹ 98,460 | ₹ 90,250 |
| Chandigarh | ₹ 98,510 | ₹ 90,300 |
Note: Due to tax, making charge and transportation in different cities, there may be a slight difference in rate.
The main reason for the fall in gold rate
- Dollar-Rupaya Exchange Rate: When the rupee is stronger against the dollar, the imported gold becomes cheaper.
- International Markets: The rates in India also reduce the rates in the global market.
- Demand and Supply: If demand increases in the wedding and festival season, the rates increase. The rates fall when demand is reduced.
- Import duty and government policies: Gold rate changes even when the government reduces or increase import duty.
- Inflation and economic uncertainty: When inflation increases or economic crisis comes, people invest in gold, which increases prices. But when the market is stable, the rates may decrease.
How to see today’s Gold Rate of your city?
If you want to know the latest Gold Rate Today of your city, you can find out from your nearest jeweler or you can also see the rate on online finance news portals. Every jeweler and the city can have different making charge and tax, so do confirm the rate before purchasing.
The purity and carat of gold means
- 24 Carat Gold: Pure gold, 99.9% purity, mostly used in coins and biscuits.
- 22 carat gold: 91.6% purity, most used for jewelry.
- 18 carat gold: 75% purity, light and designer used in jewelry.
| Carat | Purity (%) | Use |
| 24K | 99.9 | Coins, biscuits |
| 22k | 91.6 | Jewelry |
| 18 k | 75 | Designer jewelry |
Gold Rate Today – Trend of last 10 days
| date | 24K (10 grams) | 22k (10 grams) |
| 07 May | ₹ 98,610 | ₹ 90,400 |
| 06 May | ₹ 96,890 | ₹ 88,750 |
| 05 May | ₹ 95,280 | ₹ 87,280 |
| 04 May | ₹ 93,950 | ₹ 86,060 |
| 03 May | ₹ 93,950 | ₹ 86,060 |
| 02 May | ₹ 93,950 | ₹ 86,060 |
| 01 May | ₹ 94,360 | ₹ 86,440 |
| 30 April | ₹ 94,360 | ₹ 86,440 |
| 29 April | ₹ 96,010 | ₹ 87,950 |
| 28 April | ₹ 95,110 | ₹ 87,120 |
Which factor affect gold prices?
- International Gold Price: The rate of gold in the global market has a direct impact.
- Rupee-dollar rate: If the rupee is weak against the dollar, gold will be expensive.
- Demand-Salai: The rate increases when the demand increases in the festival or wedding season.
- Government Tax and Duty: Import duty or change in tax changes rates.
- Local tax and making charge: Every city levies different taxes and charges.
- Inflation: People invest in gold when inflation increases, which increases rates.
- Geopolitical Tension: Gold demand increases in any country due to political or economic crisis.
How is today’s time for investment?
If you are thinking about gold investment, today’s decline can be a good chance for you. Gold has always been considered a safe investment, especially when the stock market fluctuates. You can invest in gold in many ways:
- Gold jewelery
- Gold biscuits and coins
- Gold etf
- Digital gold
- Sovereign Gold Bond
What should be kept in mind while buying gold?
- See Hallmark: Always buy gold with BIS hallmark.
- Making Charge: Making charge of different jeweler is different, definitely compare.
- Take the receipt: Take a confirmed receipt of shopping.
- Exchange rate of old jewelry: Confirm the rate while exchangeing old jewelry.
- Difference in online and offline rate: There may be a slight difference in the rate of online rate and jeweler.
Gold Rate Today (7 May 2025) in today’s major cities
| City | 24K gold (10 grams) | 22k gold (10 grams) |
| Delhi | ₹ 98,610 | ₹ 90,400 |
| Mumbai | ₹ 98,460 | ₹ 90,250 |
| Chennai | ₹ 98,510 | ₹ 90,300 |
| Kolkata | ₹ 98,510 | ₹ 90,300 |
| Bangalore | ₹ 98,460 | ₹ 90,250 |
| Hyderabad | ₹ 98,460 | ₹ 90,250 |
| Jaipur | ₹ 98,510 | ₹ 90,300 |
| Lucknow | ₹ 98,460 | ₹ 90,250 |
| Patna | ₹ 98,460 | ₹ 90,250 |
| Chandigarh | ₹ 98,510 | ₹ 90,300 |
How can gold prices be ahead? (Gold Price Trend 2025)
In 2025, there was a steady rise in the rate of gold, but there has been a slight decline in May. Experts believe that if there is no major change in the global market, the gold rates may increase again in the coming months. If you want to invest for a long term, this time may be right for you.
Gold Rate Today – FAQ (frequently asked questions)
Q1. What is the rate of 24 carat gold today?
A: Today on 7 May 2025, 24 carat gold is ₹ 98,610 – ₹ 103,568 per 10 grams.
Q2. Why do more people ask for 22 carat gold?
A: 22 carat gold is mostly used for jewelry, so its demand is high.
Q3. Would it be right to buy gold right now?
A: Yes, this is a good chance of purchase due to the rate fall, but definitely confirm the rate before investment.
Q4. Why are rates different in different cities?
A: Tax, transportation, making charge and demand causes a difference in rate.
Q5. Where is the best to buy gold?
A: Always buy gold from a jeweler with reliable and BIS hallmark.
conclusion
Today, on 7 May 2025, there has been a slight decline in the gold rate, making it a good opportunity for buyers. If you want to buy gold for jewelery or investment, then definitely check your city’s Gold Rate Today and always buy gold with hallmarks. Gold prices depend on many factor, so know the fresh rate and market status before shopping.
Disclaimer:
This article has been written only for the purpose of information. Gold prices vary daily and there may be a difference in rates in different cities. Be sure to consult your nearest jeweler or financial experts before investment or shopping. An attempt has been made to keep the information given here completely correct, yet the author or website is not responsible for any loss.
