Gold Prices Today, May 19: Rates Drop in Major Cities — Is It a Good Time to Buy?

Gold and silver prices declined across major Indian cities on May 19 amid easing global trade tensions, offering a potential buying opportunity for investors. With prices softening due to improved US-China relations and a more stable international outlook, financial experts believe now could be a smart time for new and long-term investors to consider entry.

Experts Call It a 'Good Buying Opportunity'

According to Deepak Aggarwal, a financial advisor, the recent correction presents a "favourable window" to increase gold exposure. "For those looking to balance their portfolios, these levels are quite attractive," he noted.

S. Sridharan, founder of Wealth Ladder, advised going a step further by investing in Gold Exchange-Traded Funds (ETFs) instead of physical gold to avoid storage and making charges.

Historical returns reinforce the metal’s appeal. Over the past year, gold has surged by nearly 30%, delivering a 15% CAGR since 2001 and beating inflation consistently by 2–4% since 1995.

Gold & Silver Prices in India – May 19, 2025

As per the Multi Commodity Exchange (MCX) at 7:20 AM IST:

Gold (MCX): ₹92,480 per 10 grams

Silver (MCX): ₹95,297 per kg

According to the Indian Bullion Association (IBA):

24K Gold (Spot): ₹92,880 per 10 grams

22K Gold: ₹85,140 per 10 grams

Silver (999 Fine): ₹95,490 per kg

City-wise Gold and Silver Prices – May 19, 2025

Here’s a snapshot of bullion rates across major Indian cities. Note: Retail prices may include making charges and GST.

🔸 Chennai

Gold: ₹92,970 /10 gm

Silver: ₹95,580 /kg

🔸 Bengaluru

Gold: ₹92,780 /10 gm

Silver: ₹95,380 /kg

🔸 Hyderabad

Gold: ₹92,850 /10 gm

Silver: ₹95,460 /kg

🔸 Mumbai

Gold: ₹92,700 /10 gm

Silver: ₹95,310 /kg

🔸 Kolkata

Gold: ₹92,580 /10 gm

Silver: ₹95,180 /kg

🔸 New Delhi

Gold: ₹92,540 /10 gm

Silver: ₹95,140 /kg

Should You Invest Now?

With gold continuing to show resilience as a long-term hedge against inflation and economic uncertainty, experts advise that the current dip could benefit investors looking to diversify. However, potential buyers should consult financial advisors based on their goals and risk appetite.

Disclaimer: The views and recommendations mentioned are those of individual analysts. Investors are advised to consult certified financial professionals before making any investment decisions.