Gold always has special significance for investment and jewelery in India. The demand for gold increases on auspicious occasions like Akshaya Tritiya, but recently there has been a fluctuations in gold prices. On May 3, 2025, there has been a major change in gold prices, causing both the investors and buyers to have an eye on it. In this article, we will give you detailed information about the trend of new gold prices, causes, and in the coming times.
Gold prices are affected not only in the domestic market but also in the global market. In recent times, gold prices have declined due to signs of improvement in trade talks between American and China.
In addition, the strength of the US dollar has also faded the glow of gold to some extent. Come, let us know what has changed in gold prices on 3 May 2025 and what effect it can have on your investment.
Gold Price Update: 3 May 2025 new gold
The table below has given full details of prices according to the price of gold and carat in major cities of India on 3 May 2025. This table will provide you with a brief but clear observation of gold prices.
| Category | Price in INR |
| 24 carat gold (Per 10 grams) | ₹ 95,660 |
| 22 carat gold (Per 10 grams) | ₹ 87,700 |
| 18 carat gold (per 10 grams) | ₹ 71,760 |
| Gold price (10 grams) Delhi | ₹ 71,760 |
| Gold price (10 grams) Mumbai | ₹ 87,550 |
| Gold price (10 grams) Kolkata | ₹ 71,640 |
| Gold price (10 grams) Chennai | ₹ 72,400 |
The figures show that gold prices are around ₹ 95,660 per 10 grams for 24 carat gold, while 22 carat and 18 carat gold prices are ₹ 87,700 and ₹ 71,760 per 10 grams respectively. These prices have seen a slight decline in the last few days, especially in 22 carat gold.
The main reasons for fall in gold prices
- Improvement in global trade talks: Investors are returning to risky options due to softening of trade disputes between the US and China, which has reduced the demand for gold.
- Strong US Dollar: Gold becomes expensive due to strong dollar, which puts pressure on its prices in the global market.
- American Employment Data: Better employment data in the US attracted investors towards the stock market, leading to a fall in gold prices.
- Investors’ mood in the market: Money is being withdrawn from safe investment like gold due to increasing risk of taking risks.
Deagance in gold prices impact on investors
The fall in gold prices may also be an opportunity for investors. When gold prices are low, buying gold can be beneficial for new investors. At the same time, those who already have gold, can be cautious about their investment at this time because prices can go even further.
City wise analysis of gold prices
There is a slight difference in gold prices in various cities of India. Below are the gold prices of major cities:
- Delhi: 10 grams of gold ₹ 71,760 (18 carat)
- Mumbai: 10 grams of gold ₹ 87,550 (22 carat)
- Kolkata: 10 grams of gold ₹ 71,640 (18 carat)
- Chennai: 10 grams of gold ₹ 72,400 (18 carat)
These figures show that gold prices in Mumbai are slightly higher than in other cities, which may be due to demand and supply there.
Why did the glow of gold fade? (Reasons behind gold price drop)
There are many important reasons behind the fall in gold prices, which are affecting not only India but also globally.
- Improvement in trade negotiations between US and China: The trend of investors has increased towards risky investments due to softening of trade disputes, which has reduced the demand for gold.
- Strong US Dollar: Gold becomes expensive due to strong dollar, which puts pressure on its prices in the global market.
- US Employment Statistics: Better employment figures strengthened the stock market, making investors’ money from gold.
- Global Economic Stability: When the global economic condition is stable, investors choose other options rather than safe investment like gold.
Due to these reasons, gold prices have declined, which may be a matter of concern for investors at the moment, but it is also true that this fall also provides a good opportunity to purchase.
How to invest in gold? (How to Invest in Gold)
Gold is considered a safe option for investment, especially in India. But you should invest only by understanding the fluctuations in prices.
- Physical Gold: Buying gold as jewelery, coins, or bar.
- Gold ETFs: Investing in gold through stock market.
- Sovereign Gold Bonds: Investment in bonds issued by the government.
- Digital Gold: Investment in gold through online platform.
These options should invest according to your need and budget. Buying gold at the time of decline can be beneficial, but it is necessary to monitor the market trends.
Future Trend of Gold Pries
Experts believe that gold prices depend on global economic and political conditions. If trade talks between the US and China continue to improve and the dollar remains strong, then gold prices may come down. But if global instability increases, gold may emerge as a safe investment.
Understanding the fluctuations in the price of gold and investing at the right time is beneficial. Therefore, the investor should regularly monitor market news and economic indicators.
Rejuvenation: The information given in this article is based on current market situations and expert analysis. Gold prices are affected by many external factors, so be sure to consult your financial advisor before investing. This article is not advised for any type of investment, but is written for the purpose of providing information. Gold prices fluctuations are a normal process and it can also bring risk to investors. Therefore, invest thoughtfully and with the right information.
