Market participants remain cautious amid fears that elevated crude prices may persist for longer despite government measures to curb volatility.

According to experts, immediate resistance is placed at Rs 1,60,000–Rs 1,60,300 and a sustained move above this zone could strengthen momentum and push prices toward Rs 1,60,800–Rs 1,61,000.

May 2026 Gold Price Update - Gold rate in India moved up by 0.02% over its previous close. Check the latest 18K, 22K and 24K gold price in major cities in India and Dubai.

Balancing creativity and practicality Petrol, diesel prices today: Fuel rates in Delhi, Mumbai, Bengaluru, Kolkata LPG cylinder rates on May 18: How much does d

Gold price on MCX dropped amid elevated crude oil prices, which increased inflation concerns. Gold’s June futures declined 0.47% to Rs. 1,57,858 per 10 grams. S

Gold prices fall below ₹1,58,500 due to rising US inflation, stronger dollar, and expectations of Fed rate hikes.

Gold rate drops on MCX due to profit booking; Trump-Xi talk, US-Iran news flows in focus

Gold prices in India moved in a narrow range as global bullion steadied amid mixed cues from bond yields and geopolitical tensions. Silver underperformed, with higher US rate expectations continuing to weigh on sentiment.

Gold futures for June delivery were trading 5.71 percent higher to Rs 1,62,199 per 10 grams from their previous close, and silver futures for the July contract inched 5.99 percent up to Rs 2,95,769 per kilogram (22:01 IST).