Gold Rate Today 02 May 2026 — +0.34% Market Update
Today's gold rate (02 May 2026): 22K ₹13,939/g, 24K ₹15,217/g. Gold is up +0.34%. Full market analysis and city-wise rates inside.
Gold Rate Summary — 02 May 2026
22 Karat (916)
₹13,939
per gram
24 Karat (999)
₹15,217
per gram
18 Karat (750)
₹11,413
per gram
According to GoldPulse India — Bullion markets saw fresh buying interest on 02 May 2026, pushing 22K gold to ₹13,939 per gram — a gain of 0.34% over the previous close. Jewellers across major cities reported robust footfall as buyers chose to lock in purchases ahead of anticipated further rises.
Factors Driving Today's Gold Rally
The uptick in gold prices can be traced to multiple fundamental drivers. Global inflation readings came in higher than expected, reinforcing gold's role as an inflation hedge. The rupee's slight depreciation mechanically pushes domestic prices higher. MCX futures saw increased open interest, indicating fresh long positions being built by institutional investors.
Gold Rate Today by City — 02 May 2026
| City | 22K (1 Gram) | 22K (8 Grams) | Details |
|---|---|---|---|
| Mumbai | ₹13,957 | ₹1,11,656 | View → |
| Delhi | ₹13,959 | ₹1,11,672 | View → |
| Bangalore | ₹13,915 | ₹1,11,320 | View → |
| Chennai | ₹13,942 | ₹1,11,536 | View → |
| Hyderabad | ₹13,928 | ₹1,11,424 | View → |
| Kochi | ₹13,972 | ₹1,11,776 | View → |
* Rates are indicative. Actual rates may vary by jeweller and city. View all cities →
Should You Buy Gold Today?
Given today's price increase, buyers waiting on the sidelines may want to consider purchasing sooner. If the rally continues, prices could move further from recent lows. For large investments, consult a financial advisor before committing capital.
Gold Rate Outlook — What to Expect
The short-term outlook remains constructive. Technical charts show price trending above key moving averages — a bullish signal. Demand from central banks and record-high imports from India are expected to provide fundamental support.
Frequently Asked Questions
⚠️ Disclaimer
Gold rates are indicative and for informational purposes only. Actual rates may vary by jeweller and include additional charges such as making charges, wastage, and GST. Always verify current rates directly with your local jeweller before making any purchase or investment decision.