The Gold Price Today on 2nd May 2025 has shown a minor dip across all major purity levels in India. As the bullion market reacts to global cues and domestic demand fluctuations, today’s gold prices have slightly corrected from yesterday’s levels. Here’s a detailed look at what’s happening in the gold market across India.
Gold Price Today on 2nd May 2025 (Per Gram)
- 24 Karat (999 Pure Gold): ₹9,551
- 22 Karat: ₹8,755
- 18 Karat: ₹7,164
Compared to 1st May 2025, all categories of gold have witnessed a marginal fall. Here’s a quick view of the change:
| Purity | 1 Gram Price | Change from Yesterday |
|---|---|---|
| 24K | ₹9,551 | -₹22 |
| 22K | ₹8,755 | -₹20 |
| 18K | ₹7,164 | -₹16 |
Price Drop Across Different Weights
The dip in gold rates is more visible when looking at common denominations:
22K Gold
- 8 grams: ₹70,040 (↓ ₹160)
- 10 grams: ₹87,550 (↓ ₹200)
- 100 grams: ₹8,75,500 (↓ ₹2,000)
24K Gold
- 8 grams: ₹76,408 (↓ ₹176)
- 10 grams: ₹95,510 (↓ ₹220)
- 100 grams: ₹9,55,100 (↓ ₹2,200)
18K Gold
- 8 grams: ₹57,312 (↓ ₹128)
- 10 grams: ₹71,640 (↓ ₹160)
- 100 grams: ₹7,16,400 (↓ ₹1,600)
The Gold Price Today on 2nd May 2025 suggests a cooling in the market, possibly due to lower retail demand after the Akshaya Tritiya shopping season or global metal price fluctuations.
City-Wise Gold Rates (Per Gram)
Gold prices remain mostly consistent across India, with slight regional variations:
| City | 22K Rate | 24K Rate | 18K Rate |
|---|---|---|---|
| Chennai | ₹8,755 | ₹9,551 | ₹7,240 |
| Mumbai | ₹8,755 | ₹9,551 | ₹7,164 |
| Delhi | ₹8,770 | ₹9,566 | ₹7,176 |
| Kolkata | ₹8,755 | ₹9,551 | ₹7,164 |
| Bangalore | ₹8,755 | ₹9,551 | ₹7,164 |
| Hyderabad | ₹8,755 | ₹9,551 | ₹7,164 |
| Jaipur | ₹8,770 | ₹9,566 | ₹7,176 |
| Ahmedabad | ₹8,760 | ₹9,556 | ₹7,168 |
| Surat | ₹8,760 | ₹9,556 | ₹7,168 |
From metro cities to tier-2 towns, gold prices have seen a synchronized downward trend today.
Gold Price Today on 1st May 2025: Big Drop Across All Categories, 24K Now at ₹9,573
10-Day Gold Price Trend
The Gold Price Today on 2nd May 2025 is part of a bigger picture. Over the last 10 days, gold has fluctuated significantly:
| Date | 22K Price | 24K Price |
|---|---|---|
| May 2, 2025 | ₹8,755 | ₹9,551 |
| May 1, 2025 | ₹8,775 | ₹9,573 |
| Apr 30 | ₹8,975 | ₹9,791 |
| Apr 29 | ₹8,980 | ₹9,797 |
| Apr 28 | ₹8,940 | ₹9,753 |
| Apr 27 | ₹9,002 | ₹9,821 |
| Apr 26 | ₹9,002 | ₹9,821 |
| Apr 25 | ₹9,005 | ₹9,824 |
| Apr 24 | ₹9,005 | ₹9,824 |
| Apr 23 | ₹9,015 | ₹9,835 |
Gold has cooled down after hitting April highs. While 22K gold peaked at ₹9,290 on April 22, today’s rate stands lower by over ₹500 per gram.
April 2025 Summary: Strong Monthly Performance
Despite today’s dip, gold showed a +5.46% rise in April 2025:
- April 1st: 22K @ ₹8,510 | 24K @ ₹9,284
- April 30th: 22K @ ₹8,975 | 24K @ ₹9,791
- Highest Rate: ₹9,290 (22K) | ₹10,135 (24K) on April 22
- Lowest Rate: ₹8,225 (22K) | ₹8,973 (24K) on April 8
This performance hints at continued investor interest in gold, especially during geopolitical uncertainties and currency fluctuations.
Final Thoughts: Should You Buy Today?
If you are planning to invest in gold, the slight drop in Gold Price Today on 2nd May 2025 may offer a good entry point—especially for long-term buyers. With gold acting as a safe-haven asset, many investors continue to allocate part of their portfolio to it despite the minor volatility.
However, prices are still on the higher side when compared to early April, so short-term traders should watch the market closely for further signals.
