Gold became cheaper by Rs 6500, know what are the latest rates of your city today on 13 May 2025

Gold Price Today: After the trade agreement between the US and China, it has now reduced the tariff on goods imported from Beijing from 145 percent to 30 percent for the next 90 days.

Gold Price Today 13 May 2025: There is a continuous rise in the demand for gold. After its price reached sky high in the past few days, now it is seeing a huge decline. After the tension between India and Pakistan has reduced, there has been a tremendous decline in gold, which is considered the safest in terms of investment. The price of MCX Gold Futures has fallen to Rs 92,975 per 10 grams. This is the biggest decline since April 22, when it had peaked at Rs 99,358 per 10 grams. However, the price of silver has increased by one percent and it is selling at Rs 96,287 per kg, up by Rs 943 around 10 am.

A day before this, a decrease in the price of gold was seen in the domestic and international markets. Gold June futures fell 3.75 percent to Rs 92,901 per 10 grams. While Silver July futures were trading down 1.43 percent at Rs 95,344 per kg.

According to the Indian Bullion Association, the price of gold in India at 7.31 am increased to Rs 93,220 per 10 grams. According to Indian Bullion in Delhi, gold is selling at the rate of Rs 92,890 per ten grams. While in Mumbai it is trading at a price of 93,050.

Gold became expensive

If we talk about Mumbai, then gold is being sold here at Rs 93,050, while in Bengaluru it is being sold at Rs 93,120 and in Chennai at the highest price of Rs 93,320 per ten grams. It is worth noting that gold on MCX crossed Rs 97000 per 10 grams for the first time in the month of April. Here, spot gold was trading at $ 3,235.37 per ounce in the international market, while US gold futures were selling at a price of $ 3,243.50 per ounce, up 0.5 percent.

After the trade agreement between the US and China, it has now reduced the tariff on goods imported from Beijing from 145 percent to 30 percent for the next 90 days. Whereas, China has reduced the tariff on goods imported from the US from 125 percent to 10 percent.

Silver became cheaper

According to the Indian Bullion Association, after crossing Rs 1 lakh in the past few days, gold is being sold at Rs 95,410 per kg today i.e. Tuesday. Its demand has increased due to tremendous demand from the industry and its use in renewable energy technology and other electronics. A day earlier, on Monday, May 12, 24 carat gold was being sold at Rs 9,882 and 22 carat gold at Rs 9,059 per 10 grams in the national capital Delhi.