Gold Silver Rate 7 May: Gold and silver prices continue to fluctuate, and gold prices have been falling continuously for the past few days. At the beginning of May, a decline in gold prices was recorded, which could be a golden opportunity for investment and jewelry making. However, after the continuous decline, a sharp rise has once again been seen in gold and silver prices. In the capital Delhi, both 24-carat and 22-carat gold have become more expensive.
As for silver, it had been getting cheaper for the past few days, but today a big jump has once again been recorded. On 7 May 2026, the price of 24-carat gold reached ₹1,52,290 per 10 grams, while silver prices fell to ₹2,65,100 per kilogram. Let’s know the latest accurate gold and silver rates in your city.
Gold Silver Rate 7 May
Gold Rate Today
| Carat | Purity | Morning Rate (₹/10 grams) |
|---|---|---|
| 24 Carat | 99.9% Pure | ₹1,52,290 |
| 22 Carat | 95.8% Pure | ₹1,39,610 |
| 18 Carat | 75% Pure | ₹1,14,300 |
Gold Rate Today 7 May: Gold Prices by City
| City | 24 Carat Gold Today | 22 Carat Gold Today | 18 Carat Gold Today |
|---|---|---|---|
| Lucknow | ₹15,229 | ₹13,961 | ₹11,430 |
| Jaipur | ₹15,229 | ₹13,961 | ₹11,430 |
| Delhi | ₹15,229 | ₹13,961 | ₹11,430 |
| Patna | ₹15,219 | ₹13,951 | ₹11,420 |
| Mumbai | ₹15,214 | ₹13,946 | ₹11,415 |
| Ahmedabad | ₹15,219 | ₹13,951 | ₹11,420 |
| Pune | ₹15,214 | ₹13,946 | ₹11,415 |
| Kolkata | ₹15,214 | ₹13,946 | ₹11,415 |
| Meerut | ₹15,229 | ₹13,961 | ₹11,430 |
| Ludhiana | ₹15,229 | ₹13,961 | ₹11,430 |
Silver Rate Today: Silver Prices by City
| City | Silver Rate Today |
|---|---|
| Lucknow | ₹2,65,100 |
| Jaipur | ₹2,65,100 |
| Delhi | ₹2,65,100 |
| Patna | ₹2,65,100 |
| Mumbai | ₹2,65,100 |
| Ahmedabad | ₹2,65,100 |
| Pune | ₹2,65,100 |
| Kolkata | ₹2,65,100 |
| Meerut | ₹2,65,100 |
| Ludhiana | ₹2,65,100= |
Gold & Silver Price Surge: What Caused It?
One of the reasons behind the rise in gold and silver prices is considered to be the weakness in the Dollar Index, which fell by 0.17% to 98.14. The Dollar Index reflects the strength of the US dollar against six major world currencies — the Euro, Japanese Yen, Pound Sterling, Canadian Dollar, Swedish Krona, and Swiss Franc.
Generally, whenever the Dollar Index weakens, strength is seen in precious metals like gold and silver.
Also Read: Gold Silver Rate 6 May: Gold silver prices fluctuate; check latest rates in Your City
