Last Updated on 3 weeks by Amiya Nandy
Glad tidings were awakened by the gold buyers across India this Monday while the metal yellow’s prices fell slightly thus it seemed to be an entry point for them. During a week of ups and downs, the price of gold reached a level that was asking for a decrease. The movement of gold prices on May 26, 2025, despite being small, did not fail to catch the attention of many people who quickly re-evaluated the probability of their next purchase.
It says that you are closely monitoring the prices. It is not necessary to go all in but could be an early sign of opportunity if you decided to step in.
It was officially announced today that the price of 24-carat gold that had dropped by ₹1 to ₹9,807 per gram in the market was not a cancellation of a situation rather it was a decrease reflecting the situation. 22K gold also followed a similar path resulting in a figure of ₹8,989 per gram, down ₹1. The same with 18K gold that witnessed a low of ₹7,355 per gram and the condition was caused by a decrease in the price of gold.
A downward move worth millions of rupees may not be visible on the chart. But having come as part of a longer-term price pattern, the decline remained the turning point in the trend that was developing, and as the outcome bulk buyers and retail investors saw a bright future for themselves.
- Mumbai: 24K at ₹9,807/gm | 22K at ₹8,989/gm
- Delhi: 24K at ₹9,822/gm | 22K at ₹9,004/gm
- Chennai, Hyderabad, Bangalore: 24K at ₹9,807/gm | 22K at ₹8,989/gm
- Ahmedabad, Vadodara: ₹5 higher than metro rates
Although some metro cities are reporting a minimal premium pricing due to local demand, the decline in the price of the commodity is noticeable throughout the country.
Today’s decline in prices is due to the effects of lower gold demand over the weekend on the global market and gold’s price correction in the international markets. Market analysts think that this phase was part of the normal cycle to cool off prices after the 21 to 24 prices rally of gold that had been so sharp in its price rises, and this coolness expectedly made its appearance by today’s price stabilizing and then going lower.
Investors regard the situation as a technical correction and not a long-term crisis, that is, it is a period of good buying for those who are in the know and the next movement in the stock may have prices skyrocketing once again, thus leading to a big profit margin.
Price Movement for the Last Week
This is how gold fared during the few days under concern:
- May 21–24: Prices went up constantly
- May 23: There was a small decline
- May 25: Prices did not change
- May 26: In all categories the decline was moderate
It could be concluded from this weekly pattern that, in addition to some volatility, the market is still in an uptrend path that is momentarily interrupted by pauses. This shows the trend of gold demand generally going strong.
Could buying Gold be profitable now?
On the other hand, in case of the investors or even the jewelry buyers, who are intending to go for big-ticket purchases, certainly there is a chance of a fall in gold prices today being the perfect buy. As much as ₹1–₹10 declines may seem insubstantial the first time you see them, then getting 50 or 100 grams today would mean a difference of ₹500–₹1,000 in the buyer’s pocket— the amount of money many wholesale buyers would not ignore.
You, of course, know that in India, the coming wedding season is the time when prices of gold usually go up because it is the time of increased physical demand. In times like these, buying the small decrease in the price is a good option as you may have your best benefit from it.
It can be seen the price of gold in India has reduced a bit on May 26, thus clearing the way for the buyers to get their gold at the best possible time and prepare for another round of price surge. 24K gold is now available at ₹9,807 per gram and 22K at ₹8,989. Therefore, the investors who felt it better to wait for a while must surely buy at this stage. The change in the trend can be seen as a sudden drop, but the performance in the last days backs it that the price tendency quickly becomes the opposite of the downward trend.
Stay on top each day of the interest rates, and think about securing your buying before the next go higher.
Amiya Nandy, who is a content creator, digital specialist, and a writer at Etechon, considers herself technology, but has the aspiration to be one. She has to an extent been successful in finding out her aim and that is to explore the latest technologies and innovations and make use of them in her work. Amiya of course doesn’t limit himself to just informative content articles and entertaining technological guides, he also writes reviews and all sorts of articles on new technologies. He works in various levels of writing complexity which makes it easier for non tech inclined people to understand better the topics covered. His contents are always clear, creative , well researched and contain information that is of good quality for the purpose of inspiring the audience.
