Gold Rate Today, May 12: What is the price of 10-gram 22, 24 carat gold in your city?

Gold prices, after declining yesterday, have recouped their losses today. On Tuesday, the precious yellow metal in 24 carat purity is retailing for ₹1,54,260, rising 1.21% or ₹1,850 per 10 gm.

Gold in 22 carat similarly is priced at ₹1,41,430 per 10 gm, up 1.22% or ₹1,700.

Primarily, traction in gold in India is seen based on international bullion market.

As of May 12, 2026, here below are the latest rates across major brands.

Tanishq: 22 carat gold is priced at ₹1,41,600 per 10 gm, while the price of 24 carat gold is ₹1,54,470. Also, 18 carat gold is priced at ₹1,15,850.

Joyalukkas: 22 carat gold is priced at ₹1,41,150 per 10 gm

Kalyan Jewellers: 22 carat gold is priced at ₹1,41,150 per 10 gm, while the price of 24 carat gold is ₹1,53,980. 18 carat gold, meanwhile, is priced at ₹1,15,490 per 10 gm.

Malabar Gold: 22 carat gold is priced for ₹1,41,150 and 24 carat gold is retailing at ₹ 1,53,980 per 10 gm.

India Bullion and Jewellers Association (IBJA's) indicative retail selling rates for gold jewellery are as below:

Fine gold (999): 15,036

22 carat: 14,675

18 carat: 12,179

14 carat: 9698

Factors influencing gold rate today

Gold prices have regained once again as investors focus now shift to the US President Donald Trump's meeting with his Chinese counterpart Xi Jinping in his 2-day visit to China.

Also, the market seems to have digested the latest developments in the US-Iran conflict, as Trump called the ceasefire to be 'on life support'.

Meanwhile, gold remained supported even as the dollar index was last in the green, up 0.2% at 98.14.

Also, while the markets has largely factored in the possibility of higher crude price for a probably longer period of time, the policymakers in the US are penciling in policy easing or no cuts at all in the ongoing calendar year.

On the MCX, gold June futures after hitting the day's high of ₹1,54,243 per 10 gm, were near the day's low at ₹1,53,407, down ₹256 or 0.17%. In the US, gold futures traded with a cut of 0.4% at $4,708.5 per ounce.