Gold Price Dips on 30 May 2025, Affected by Global Market Momentum – Latest Update
This back-and-forth in the U.S. impacted global gold markets.
Gold Price Dips on 30 May 2025, Affected by Global Market Momentum – Latest Update
Gold prices showed volatility on Friday, 30 May 2025, amid uncertainty surrounding U.S. tariffs after a Thursdays’ US appeals court ruling in favour of the Trump administration. Experts say that despite market fluctuations, gold continues to be viewed as a safe-haven investment by many.
According to GoodReturns data as of 3:30 PM, gold prices were as follows:
• 24-carat gold: Rs 9,704 per 10 grams – up Rs 270
• 22-carat gold: Rs 8,995 per 10 grams – up Rs 250
• 18-carat gold: Rs 7,278 per 10 grams – up Rs 250
These rates are based on inputs from reputed jewellers across the country, as reported by the site.
On Thursday, the U.S. Court of Appeals for the Federal Circuit temporarily stayed a lower court’s order that had blocked tariffs imposed by the Trump administration. The Manhattan-based Court of International Trade had earlier invalidated these tariffs — introduced on April 2.
This back-and-forth in the U.S. impacted global gold markets.
Economic Times report citing Angel One report said tht despite all market chaos,, gold has historically paid good retunes, and therefore, one should make investments in gold from a long term perspective.
“From a year perspective, $4000/ounce in the international markets and Rs1,10,000/10 gm in the Indian markets looks very much likely,” Angel One predict.
Gold Price in Major Indian Cities for 30 May 2025:
|
City |
24K / 10 gram |
22K/ 10 gram |
18K/ 10 gram |
|
Chennai |
Rs 97310 |
Rs 82200 |
Rs 73450 |
|
Mumbai |
Rs 97310 |
Rs 8220 |
Rs 7299 |
|
Delhi |
Rs 97460 |
Rs 89350 |
Rs 73110 |
|
Bangalore |
Rs 97310 |
Rs 82200 |
Rs 72990 |
|
Chandigarh |
Rs 97460 |
Rs 89350 |
Rs 73110 |
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