Gold prices in India saw a sharp fall today, 1st May 2025, with rates declining across all purity levels — 24K, 22K, and 18K. After staying strong through most of April, today’s rates have surprised many with a significant drop, affecting both buyers and investors.
Big Drop in Gold Price Today on 1st May 2025
As per the latest market update, the Gold Price Today on 1st May 2025 is:
- ₹9,573 per gram for 24K gold
- ₹8,775 per gram for 22K gold
- ₹7,180 per gram for 18K gold
This is a notable fall from yesterday’s prices, especially for 24K and 22K segments.
Here’s a quick snapshot of the price drop compared to 30th April 2025:
| Purity | 30 April Price | 1 May Price | Change |
|---|---|---|---|
| 24K | ₹9,791 | ₹9,573 | -₹218 |
| 22K | ₹8,975 | ₹8,775 | -₹200 |
| 18K | ₹7,344 | ₹7,180 | -₹164 |
This sudden dip might come as a buying opportunity for those who have been waiting for prices to cool off.
Detailed Breakdown – Today’s Gold Price by Grams
22K Gold Price on 1st May 2025:
- 1 gram – ₹8,775
- 10 grams – ₹87,750
- 100 grams – ₹8,77,500
24K Gold Price on 1st May 2025:
- 1 gram – ₹9,573
- 10 grams – ₹95,730
- 100 grams – ₹9,57,300
18K Gold Price on 1st May 2025:
- 1 gram – ₹7,180
- 10 grams – ₹71,800
- 100 grams – ₹7,18,000
Whether you’re buying jewellery, investing, or trading, this dip is worth noting.
City-Wise Gold Prices in India Today
Here’s how the Gold Price Today on 1st May 2025 looks across some major Indian cities:
| City | 22K (₹/g) | 24K (₹/g) | 18K (₹/g) |
|---|---|---|---|
| Mumbai | ₹8,775 | ₹9,573 | ₹7,180 |
| Delhi | ₹8,790 | ₹9,588 | ₹7,192 |
| Chennai | ₹8,775 | ₹9,573 | ₹7,250 |
| Kolkata | ₹8,775 | ₹9,573 | ₹7,180 |
| Bangalore | ₹8,775 | ₹9,573 | ₹7,180 |
| Jaipur | ₹8,790 | ₹9,588 | ₹7,192 |
| Ahmedabad | ₹8,780 | ₹9,578 | ₹7,184 |
| Hyderabad | ₹8,775 | ₹9,573 | ₹7,180 |
Minor variations are observed based on local taxes and transportation charges, but the overall trend is downward.
Gold Price Today In Navi Mumbai on 30th April 2025: Rates Remain Stable Amid Monthly Surge
International Gold Prices – How Does India Compare?
Here’s how the Gold Price Today on 1st May 2025 in India stacks up against global markets:
22K Gold (per gram, INR equivalent):
- Dubai: ₹8,500
- Singapore: ₹8,659
- USA: ₹8,461
- Qatar: ₹8,589
- Malaysia: ₹8,822
24K Gold (per gram, INR equivalent):
- Dubai: ₹9,180
- Singapore: ₹9,551
- USA: ₹9,011
- Qatar: ₹9,216
- Oman: ₹9,231
India’s domestic prices are relatively higher than some Gulf nations, largely due to import duties and taxes.
April 2025 Gold Trend Recap
Let’s not forget how gold moved in April:
| Date | 22K | 24K |
|---|---|---|
| April 1 | ₹8,510 | ₹9,284 |
| April 22 | ₹9,290 (Highest) | ₹10,135 (Highest) |
| April 30 | ₹8,975 | ₹9,791 |
Despite a roller-coaster ride, the overall performance in April was +5.46% — a solid monthly gain. But the Gold Price Today on 1st May 2025 has broken the upward trend, with a notable correction.
What Could Be Behind the Drop?
There are multiple possible reasons for this decline:
- Strengthening of the Indian Rupee against the Dollar
- Global economic indicators improving
- Decreased demand post-wedding season
- Selling pressure in international markets
It’s too early to say whether this is a temporary correction or a sign of further declines.
Final Thoughts
If you’ve been tracking gold, then the Gold Price Today on 1st May 2025 gives you a clear signal — prices are cooling off after weeks of gains. Whether this is a short-term fall or the beginning of a new trend depends on global cues, central bank decisions, and geopolitical developments.
