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Business Desk – Gold Silver Price Today: On May 6, 2026, a huge jump was recorded in the prices of gold and silver on the Multi Commodity Exchange of India (MCX). Today, the price of gold reached Rs 151,809 per 10 grams, while silver reached the level of Rs 250,499 per kg.

How much did prices increase today?

On Tuesday, gold prices on MCX closed at Rs 149,838 per 10 grams. Silver closed at Rs 244,420 per kg. Compared to yesterday’s closing rates, today gold prices have increased by Rs 1,971 per 10 grams, while silver prices have increased by Rs 6,079 per kg.

Reasons for the rise in gold and silver prices

Today, the bullish trend is clearly visible in both global and domestic commodity markets. The main reason behind this surge is the emerging signs of reducing tension in the Middle East. Notably, US President Donald Trump has expressed his intention to negotiate a final agreement with Iran to end the ongoing conflict.

In this direction, he has not only stopped the planned military attacks, but has also put a temporary halt on the “Freedom Project”. This was an initiative designed to facilitate the movement of ships through the Strait of Hormuz. Due to this development, crude oil prices have fallen and the broader commodity market has strengthened.

silver prices today

For the last few days, silver prices were falling faster than gold. On the contrary, today the prices of silver are registering a much bigger rise than that of gold. In Delhi, Mumbai, Kolkata and Bengaluru, the price of 1 kg silver has increased to Rs 265,000, while in Chennai it has reached Rs 270,000 per kg.

Latest gold rates in your city today

• In Bhopal, the price of 24 carat gold is Rs 1,51,340 per 10 grams, while 22 carat gold is trading at Rs 1,38,750 and 18 carat gold is trading at Rs 1,13,530.
• In Delhi, 24 carat gold is at Rs 1,51,440, 22 carat at Rs 1,38,850 and 18 carat at Rs 1,13,630 per 10 grams.
• In Mumbai, 24 carat gold has been recorded at Rs 1,51,310, 22 carat gold at Rs 1,38,700 and 18 carat gold at Rs 1,13,480.
• In the cities of South India, in Hyderabad and Bengaluru, 24 carat gold is priced at Rs 1,51,310, 22 carat Rs 1,38,700 and 18 carat Rs 1,13,480 per 10 grams.

At the same time, gold prices in Chennai are higher than other cities, where 24 carat gold has been recorded at Rs 1,53,280, 22 carat gold at Rs 1,40,500 and 18 carat gold at Rs 1,51,340 per 10 grams. In Kolkata, 24 carat gold is trading at Rs 1,51,310, 22 carat Rs 1,38,700 and 18 carat Rs 1,13,480 per 10 grams.