Gold Rate Today 15 May in Chennai & India
As per India Bullion and Jewellers Association Ltd. (IBJA), 24-carat gold is priced at ₹96,060 per 10 grams today, drop down from ₹96,600 on Wednesday. Whereas Silver persists around ₹1,09,000 same from ₹1,09,000 per kg.
GOLD PRICE TODAY IN CHENNAI & INDIA
| Metropolitan Cities | 24K/10g | 22k/10g | 18k/10g |
| Bangalore | ₹96,060 | ₹88,050 | ₹72,550 |
| Chennai | ₹96,060 | ₹88,050 | ₹72,550 |
| Hyderabad | ₹96,060 | ₹88,050 | ₹72,040 |
| Kolkata | ₹96,060 | ₹88,050 | ₹72,040 |
| Mumbai | ₹96,060 | ₹88,050 | ₹72,040 |
Gold Rate Today 15 May in Chennai : Check 24K per g,10g and per kg
| Gram | Today | Yesterday | Change |
| 1 | ₹9,606 | ₹9,660 | –₹54 |
| 10 | ₹96,606 | ₹96,600 | -₹540 |
| 100 | ₹9,66,060 | ₹9,66,000 | – ₹5400 |
Gold Rate Today: Check 22K per g, 10g and per kg
| Gram | Today | Yesterday | Change |
| 1 |
₹8,805 |
₹8,855 | – ₹50 |
| 10 | ₹88,050 | ₹88,550 | –₹5000 |
|
100 |
₹8,80,500 | ₹8,85,500 |
– ₹5000 |
Gold Rate Today: Check 18K per g, 10g and per kg
| Gram | Today | Yesterday | Change |
| 1 | ₹7,255 | ₹7,295 | – ₹40 |
| 10 | ₹72,550 | ₹72,950 | – ₹400 |
| 100 | ₹7,25,500 | ₹7,29,500 | – ₹4000 |
Gold Rate for last 1 week per gram
| Date | 24K | 22k |
| 14 May 2025 | ₹9,606 | ₹8,805 |
| 13May 2025 | ₹9,660 | ₹8,855 |
| 12 May 2025 | ₹9,546 | ₹8,750 |
| 11 May 2025 | ₹9,868 | ₹9,045 |
| 10 May 2025 | ₹9,868 | ₹9,045 |
| 09 May 2025 | ₹9,835 | ₹9,015 |
| 08 May 2025 | ₹9,960 | ₹9,075 |
https://avvytimes.com/gold-rate-today-in-chennai-24k-22k18k/#more-831
-Fluctuations influenced by various global economic factors:
(Gold Rate Today 15 May in Chennai & India)
Geopolitical Tensions
Owing to the ongoing conflicts, such as the rising tension between India and Pakistan and renewed conflict between Israel and Gaza and gold as a safe-haven asset leads to increase in demand during such instability.
Federal Reserve’s Interest Rate Cuts
The US Federal Reserve in 2024 has cut interest rates several times and is expected to even lower them more. When interest rates fall, it becomes less costly for investors to hold assets that don’t earn interest, like gold. Thus, pushing prices up.
Weakening U.S. Dollar
When the U.S. dollar weakens, it lowers the cost of gold for buyers, effectively making it affordable in international markets. Recent declines in the dollar’s value have contributed to the rise in gold prices
Central Bank Purchases
Central Banks around the world, also RBI (Reserve Bank Of India), have been increasing their gold reserves. RBI bought 77 tonnes of gold in 2024, a five-fold increase from the previous year.
Inflation Concerns
Driven by possible rises in government spending and tariffs, despite attempts to keep it in check- Inflation worries remain. Since gold is seen as a reliable hedge against inflation, investors are increasingly using it to safeguard their money.
Investment Demand
Amid ongoing market volatility and economic uncertainty, both retail investors and large institutions are shifting more of their funds into gold. To sustain geopolitical risks, inflation, gold offers protection. This growing preference for safety is fueling higher demand for the metal.
Disclaimer: The recommendations made above are by market analysts and are not advised by the author. While every effort has been made to ensure the accuracy, readers are advised to verify current rates with official or local sources before making any financial decisions and to consult certified experts before making any investments.