Gold-Silver Rate 19 May 2026: There is a stir in the Indian bullion market after the appeal of Prime Minister Narendra Modi. Since the PM’s appeal, there has been continuous turmoil in the prices of gold and silver. On Tuesday (May 19), strength was seen in the gold futures market. While a decline was recorded in the prices of silver.
There was a slight rise in gold prices on Multi Extended Commodity (MCX) on Tuesday. On Tuesday, the price of 10 grams of gold came to Rs 1,59,496. While the price of silver declined by 0.71 percent. Silver is currently trading at Rs 2,75,108 per kg. On the other hand, after the initial rise in the international market, there has been a decline in the prices of both the metals.
Condition of international gold and silver market
Talking about the prices of gold in the international market, the price of gold on Comex opened at $ 4,570.60 an ounce. Whereas the previous closing price was $4,558. During early trading, the price of gold weakened and it fell by $ 4.10 to reach $ 4,553.90 an ounce.
Talking about silver, its futures price opened at $ 78.05 per ounce on Tuesday. Which was slightly higher than the previous closing of $77.44. However, silver could not maintain this lead further and shortly after the market opened, it saw a decline and it weakened by $ 0.49 and started trading at $ 76.95 per ounce.
Gold price in major cities
| City | 24 carat (₹) | 22 carat (₹) | 18 carat (₹) |
| Delhi | ₹1,56,370 | ₹1,43,350 | ₹1,17,320 |
| Mumbai | ₹1,55,220 | ₹1,43,200 | ₹1,17,170 |
| Kolkata | ₹1,55,220 | ₹1,43,200 | ₹1,17,170 |
| Chennai | ₹1,60,910 | ₹1,47,500 | ₹1,23,100 |
| Lucknow | ₹1,56,370 | ₹1,43,350 | ₹1,17,320 |
| Patna | ₹1,55,270 | ₹1,43,250 | ₹1,17,220 |
| Jaipur | ₹1,53,700 | ₹1,43,350 | ₹1,17,320 |
| Bhopal | ₹1,55,270 | ₹1,43,250 | ₹1,17,220 |
Expert opinion on investment
Experts believe that these fluctuations in gold and silver prices may be seen continuously in the coming few days. In such a situation, investing in gold and silver can prove to be a double-edged sword.
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