logo
Gold Today Rate, 22 May: Check 18, 22 and 24 carat gold prices Chennai, Mumbai, Delhi, Kolkata and other cities

Gold Today Rate, 22 May: Check 18, 22 and 24 carat gold prices Chennai, Mumbai, Delhi, Kolkata and other cities

Indian Express22-05-2025
Gold Today Rate: As of today, the price of gold in India is as follows: ₹9,791 per gram for 24 karat gold, ₹8,975 per gram for 22 karat gold, and ₹7,344 per gram for 18 karat gold. Recently, gold experienced a decline of approximately $300, falling by more than 3% after the US-China trade agreement, which occurred after it reached an all-time high of $3,500 on April 22, according to Financial Express. Despite these fluctuations, gold has historically been regarded as a reliable hedge against inflation and has become an increasingly important investment for many investors.
Gold Price in Delhi Today: 18 carat gold is priced at ₹7,356 per gram in Delhi today. Yesterday, it was available for ₹7,319 per gram in the market.
22 carat gold is priced at ₹8,990 per gram in Delhi today. Yesterday, it was available for ₹8,945 per gram in the market.
24 carat gold is priced at ₹9,806 per gram in Delhi today. Yesterday, it was available for ₹9,757 per gram in the market.
Gold Price in Mumbai Today: 18 carat gold is priced at ₹7,344 per gram in Mumbai today. Yesterday, it was available for ₹7,307 per gram in the market.
22 carat gold is priced at ₹8,975 per gram in Mumbai today. Yesterday, it was available for ₹8,930 per gram in the market.
24 carat gold is priced at ₹9,791 per gram in Mumbai today. Yesterday, it was available for ₹9,742 per gram in the market.
Gold Price in Bangalore Today: 18 carat gold is priced at ₹7,344 per gram in Bangalore today. Yesterday, it was available for ₹7,307 per gram in the market.
22 carat gold is priced at ₹8,975 per gram in Bangalore today. Yesterday, it was available for ₹8,930 per gram in the market.
24 carat gold is priced at ₹9,791 per gram in Bangalore today. Yesterday, it was available for ₹9,742 per gram in the market.
Gold Price in Chennai Today: 18 carat gold is priced at ₹7,395 per gram in Chennai today. Yesterday, it was available for ₹7,360 per gram in the market.
22 carat gold is priced at ₹8,975 per gram in Chennai today. Yesterday, it was available for ₹8,930 per gram in the market.
24 carat gold is priced at ₹9,791 per gram in Chennai today. Yesterday, it was available for ₹9,742 per gram in the market.
Gold Price in Hyderabad Today: 18 carat gold is priced at ₹7,344 per gram in Hyderabad today. Yesterday, it was available for ₹7,307 per gram in the market.
22 carat gold is priced at ₹8,975 per gram in Hyderabad today. Yesterday, it was available for ₹8,930 per gram in the market.
24 carat gold is priced at ₹9,791 per gram in Hyderabad today. Yesterday, it was available for ₹9,742 per gram in the market.
(This article has been curated by Disha Gupta, who is an intern with The Indian Express.)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gold rate outlook: Will yellow metal decline further? Analyst predicts this
Gold rate outlook: Will yellow metal decline further? Analyst predicts this

Business Standard

time18 minutes ago

  • Business Standard

Gold rate outlook: Will yellow metal decline further? Analyst predicts this

Gold: Under pressure on subdued safe haven demand Performance On Tuesday, August 19, spot gold traded between $3,313 and $3,346. The yellow metal fell for the fourth consecutive day on subdued safe haven demand as investors become hopeful that the US Administration's efforts to stop the Ukraine war may be fruitful. Downside pressure on domestic gold prices intensified due to continued weakness in the USDINR pair coming on positive implications of the Indian government tweaking GST rules and expectations of thawing of geopolitical tensions as the world leaders try to bring an end to the Ukraine war that has lasted for around three and a half years. In the week ending August 15, the yellow metal closed with a weekly loss of 1.76 per cent at $3,335. Tariff and trade The US Treasury Secretary Bessent sees tariff revenue getting revised up substantially from $300 billion this year. He said that they will use tariff revenue to pay down US debt and bring down deficit-to-GDP. Bessent said that the status quo with China is working well. S&P Global said that Trump's tariff war is speeding Beijing's trade and investment drive into developing nations, potentially paving the way for a China-led trade order. US Treasury Secretary on rate cuts On Tuesday, US Treasury Sec Bessent supported the idea of a rate cut as he said that a rate cut by the Federal Reserve could facilitate a pickup in home building and keep prices down for one to two years. Data roundup US housing starts picked up as the US housing starts (July) came in at 1.428 million, a five-month high, Vs forecast of 1.29 million and the prior reading of 1.321 million, though building permits at 1.354 million lagged the estimate of 1.39 million (prior 1.393 million) and fell to the lowest since June 2020. Central Bank watch The markets are placing 85 per cent odds for a Fed rate cut in September. Fed's Michelle Bowman, who voted for a rate cut at the July meeting, said that she has not changed her views. She cited debanking as a problem in the financial system, into which the Fed will look should more cases rise. As per Reuters, 50 of 62 economists polled by Reuters said that they expect the Bank of England to further cut the policy rate by 25 basis points to 3.75 per cent this year. Economists expect inflation to peak around current levels. Geopolitics watch The US President Trump asked Ukrainian President Zelensky and Russian President Putin on Monday to meet face to face with him at a peace conference. However, in an interview with Fox TV on Tuesday, he said that we will let them meet first. As per Bloomberg, a summit between Putin and Zelenskiy may take place within two weeks, but the Kremlin has yet to confirm. Upcoming data Jackson Hope Symposium will be held from August 21 to August 23. Investors look forward to the Fed Chair Powell's speech scheduled for August 22. The US data/reports to be released this week include July 30 FOMC minutes (August 20), S&P Global US PMIs (August 21), leading Index (August 21) and existing home sales (August 21). Eurozone's PMIs will be released on August 21, while Germany's 2Q final GDP will be out on August 22. Japan will release its PMIs and national CPI on August 21 and August 22 respectively. UK CPI data will be reported today. Outlook Gold is under pressure from geopolitical factors as traders expect that the US-driven peace efforts may lead to a breakthrough in the Ukraine war talks. A tentative rebound in the US Dollar Index following elevated CPI and PPI readings is also pressurising the metal. On the other hand, healthy ETF inflows, central banks' demand and fiscal and economic concerns continue to support the metal. ETF holdings have risen nearly 12 per cent YTD and are at a two-year high. The metal may test the support around $3,290 (MCX Gold October contract ₹97,900), though downside ahead of the Jackson Hole Symposium is likely to be limited. Interim support is at $3,307 (₹98,400), resistance is at $3,350 (₹99,700)/$3,375 (₹1,00,500).

US-Based Indian Founder Calls 80-hour Workweek A ‘Baseline'. Internet Disagrees
US-Based Indian Founder Calls 80-hour Workweek A ‘Baseline'. Internet Disagrees

News18

time26 minutes ago

  • News18

US-Based Indian Founder Calls 80-hour Workweek A ‘Baseline'. Internet Disagrees

Last Updated: An Indian founder based in the United States suggested companies should incorporate 14-hour daily work shifts to raise productivity and impactful results. An Indian founder has sparked a heated debate on work-life balance after advocating for '80-hour work weeks" as the minimum standard for success. Based in the United States, the entrepreneur argued that a 14-hour daily grind should be seen as the 'baseline" for building transformative, globally impactful products. In a now-viral post, Neha Suresh shared a video of herself working long hours and wrote, 'If you're not spending 14+ hours a day working on your dream you're ngmi. You can't build a world-changing product on 9–5 energy. 80-hour weeks aren't extreme. It's baseline." If you're not spending 14+ hours a day working on your dream you're ngmi. You can't build a world-changing product on 9–5 energy. 80-hour weeks aren't extreme. It's baseline. — Neha (@Neha_Suresh_M) July 31, 2025 At a time when many companies are reworking their culture and schedules to prioritise employee well-being and mental health, the Indian-origin US founder's post struck a wrong chord online. Her call for an 80-hour work week drew sharp backlash, with users slamming it as 'toxic," 'unrealistic," and 'deeply unhealthy." Neha Suresh's post quickly gained traction online, racking up over 85,000 views and sparking heated debate. Users were quick to call out the unsustainable nature of such an intense work culture, with many urging the founder to prioritise her own downtime, mental health, and productivity instead of glorifying exhaustion. Here's How The Internet Reacted 'And extremely unsustainable. Please get some sun, exercise and sleep as well. You will be surprised how productive that makes you," a user wrote. Another said, 'I burned out chasing 80-hour weeks. Found I actually build better products when I'm rested and thinking clearly." 'Simply not sustainable! Plus, your employees will not be paid enough to work 80+ hours per week! If this applies only to you, founders, then it's ok. At the end of the day, you will take the majority of the money! Doing a venture is your choice, and I respect that, but do not generalise an 80-hour per week work culture!" someone else pointed out. 'I love the passion and dedication you bring to your dreams, Neha, though I'm not sure 14 hours a day is sustainable for everyone, and maybe world-changing products can be built on different types of energy, not just the 9–5 or 80-hour kind," said a user in more polite remarks. Many business owners and corporate giants have called for extensive work shifts in the recent past and faced criticism for suggesting productivity should be prioritised above anything else, even as India gradually shifts towards a more understanding and employee-friendly work culture, which is better for everyone in the long run. view comments First Published: News viral US-Based Indian Founder Calls 80-hour Workweek A 'Baseline'. Internet Disagrees Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy. Loading comments...

Spain Scraps F-35 Jet Deal as Trump Pushes for More NATO Spending  Firstpost America
Spain Scraps F-35 Jet Deal as Trump Pushes for More NATO Spending  Firstpost America

First Post

time31 minutes ago

  • First Post

Spain Scraps F-35 Jet Deal as Trump Pushes for More NATO Spending Firstpost America

Spain Scraps F-35 Jet Deal as Trump Pushes for More NATO Spending | Firstpost America | N18G Spain has indefinitely shelved its plans to buy the US-made F-35 fighter jets, dealing a blow to Lockheed Martin and Washington's defence sales push. Instead, Madrid is choosing between the European-made Eurofighter and the Future Combat Air System (FCAS), keeping its $12.2 billion defence budget spending within Europe. This decision also reflects growing concerns over the F-35's reliability, following a string of crashes and operational issues. Despite over 900 jets already delivered to allies like Israel, Japan, and the U.K., buyer confidence appears to be slipping. Spain's move comes as Prime Minister Pedro Sánchez resists US pressure to raise defence spending beyond NATO's 2 per cent target, a position that has drawn criticism and tariff threats from President Trump. See More

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store