Gold Prices Rise Across India on 10 May 2025 — Market Blip or Start of a Bullish Trend?
Introduction: Gold Shines Again—But Why Now?
On May 10, 2025, gold prices across major Indian cities showed a noticeable uptick after weeks of calm. This increase wasn’t dramatic—but it was consistent, enough to draw attention from investors, jewellers, and analysts alike.
With a long-standing reputation as a safe-haven asset, gold often reacts to currency movements, inflation fears, and global uncertainty. So the big question today is: Is this just a one-day spike, or the start of something bigger?
What Happened in the Gold Market Today?
Today’s 24-carat gold prices (per 10 grams) in key cities:
City |
|
|
|
|
|
|
|
|
Today (₹) |
|
|
|
|
|
|
|
Change (₹) |
Mumbai |
|
|
|
|
|
|
|
|
98,340 |
|
|
|
|
|
|
|
+150 |
Delhi |
|
|
|
|
|
|
|
|
98,500 |
|
|
|
|
|
|
|
+170 |
Chennai |
|
|
|
|
|
|
|
|
90,450 |
|
|
|
|
|
|
|
+190 |
Kolkata |
|
|
|
|
|
|
|
|
98,400 |
|
|
|
|
|
|
|
+170 |
Bengaluru |
|
|
|
|
|
|
|
|
98,390 |
|
|
|
|
|
|
|
+160 |
Although the increase is moderate (₹150–₹190), what stands out is that almost every city showed a similar rise, suggesting a common set of influencing factors at play.
Initial Market Reaction: Careful Optimism
Retail investors:
Traders & brokers:
In short, the market hasn’t gone bullish yet—but it's getting alert.
Sectorial Impact: Who’s Feeling the Change?
Jewellery Sector
Financial Sector
Import & Trade
Why Gold Prices Are Rising: 5 Key Factors
Expert Commentary: Is This the Beginning of a Bull Run?
“Gold’s recent move reflects a mix of global and domestic pressures. But for it to become a lasting uptrend, we’ll need to see a consistent rise in both international prices and rupee weakness,”
— Priya Sharma, Senior Commodity Analyst
She advises traders and investors to watch ₹99,200 as a potential breakout level.
Investor Strategy: What Should You Do?
Here’s how different types of investors can respond to today’s developments:
Conclusion: Is a Trend Shift Underway?
While today’s price increase is not dramatic, the uniform rise across cities, supported by global cues and rupee depreciation, makes it a signal worth noting.
However, calling this a full trend reversal would be premature. A few more trading sessions will offer clarity. Investors should keep a close watch on: