Bullion Market Update – May 26, 2026
Bullion markets across India traded with mixed momentum during morning hours on May 26, 2026. Gold prices remained firm across major cities amid resilient domestic demand and stable global bullion trends, while silver prices witnessed declines due to profit booking and fluctuations in international precious metal markets.
Gold Prices in Major Indian Cities
24K and 22K Gold Rates
| City | 24K Gold (₹ per 10 gm) | 22K Gold (₹ per 10 gm) |
|---|---|---|
| Chennai | ₹1,59,180 | ₹1,45,915 |
| New Delhi | ₹1,58,440 | ₹1,45,237 |
| Mumbai | ₹1,58,710 | ₹1,45,484 |
| Bangalore | ₹1,58,840 | ₹1,45,603 |
| Hyderabad | ₹1,59,110 | ₹1,45,851 |
Gold prices continued to stay elevated across regions, supported by:
- Stable international bullion prices
- Continued domestic jewellery demand
- Currency movement in global markets
Silver Prices Across Major Cities
| City | Silver Rate (₹/Kg) | Change |
|---|---|---|
| Chennai | ₹2,73,870 | -₹3,560 (-1.28%) |
| New Delhi | ₹2,72,600 | -₹3,550 (-1.29%) |
| Mumbai | ₹2,73,070 | -₹3,550 (-1.28%) |
| Bangalore | ₹2,73,290 | -₹3,550 (-1.28%) |
| Hyderabad | ₹2,73,490 | -₹3,570 (-1.29%) |
Silver prices corrected sharply during the session, with declines of more than ₹3,500 per kilogram across key cities.
Bullion Market Overview
Gold prices remained firm across India during the morning session as investors continued to monitor:
- Global bullion price trends
- US dollar movement
- Inflation expectations
- Central bank policy outlook
Silver prices, however, witnessed pressure due to:
- Profit booking activity
- Commodity market volatility
- Fluctuations in industrial metal demand sentiment
Key Market Factors Influencing Prices
The bullion market continues to be driven by:
- International gold and silver spot prices
- Rupee-dollar exchange rate movement
- Domestic festive and wedding demand
- Global geopolitical and economic developments
Regional variations in prices are mainly influenced by:
- Local taxes
- Transportation costs
- Dealer premiums
- State-level demand trends
Conclusion
Gold prices remained strong across major Indian cities on May 26, 2026, with Chennai reporting 24K gold at ₹1,59,180 per 10 grams. Silver prices, meanwhile, declined across markets amid profit booking and global commodity fluctuations. Investors and buyers are expected to continue tracking international bullion trends and currency movements for further direction in precious metal prices.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.
