Despite the uncertainty surrounding the Indo-Pak conflict, Gold price continues to surge. The price of 22-carat of gold surged 2,910 per 10 grams in a week. The 22-carat gold is the popular choice for jewellers, prized for its durability. Moreover, the price of 24-carat gold surged Rs 3,180 per 10 grams.
The 22-carat gold was priced Rs 87,540 for 10 grams on May 3, and it costs Rs 90,450 per 10 grams, today, May 10. 24-carat gold was priced Rs 95,500 per 10 grams on May 3 and is now priced at Rs 98,680.
On May 3, the price of 10 grams of 24-carat gold was Rs 95,500 in Mumbai Kolkata, Chennai and Hyderabad, whereas the rate was a bit higher in Delhi at Rs 95,650. The price on that day of 22-carat gold was Rs 87,540 in Mumbai, Kolkata, Bengaluru, Chennai and Hyderabad, whereas it was Rs 87,960 in Delhi.
As of May 10, the rate of 10 grams of 24-carat gold is Rs 98,680 in Mumbai Kolkata, Chennai and Hyderabad, whereas the price is a bit higher in Delhi at Rs 98,830. The rate of 22-carat gold is Rs 90,450 in Mumbai, Kolkata, Bengaluru, Chennai and Hyderabad, whereas it was Rs 90,600 in Delhi, according to good returns.
Indo-Pak Conflict
On April 22, 2025, terrorists killed 26 people in a barbaric terrorist attack in Pahalgam, Jammu and Kashmir. Pakistan based terror outfits claimed the responsibility of these killings. This further deteriorated the already stressed relations between India and Pakistan.
Afterwards, India destroyed terror camps within Pakistan and Pakistan-occupied Kashmir (PoK) under Operation Sindoor on May 7.
Tensions between India and Pakistan continue to escalate as Pakistan started unprovoked firing and attacked Military stations in India. Military stations across many locations within were targeted by Pakistani drone and missiles along the International border. All these threats were swiftly neutralised using kinetic and non-kinetic capabilities in line with the Standard Operating Procedures (SOPs) by India.
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