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  1. Gold Rate Today, May 15: 22, 24 carat gold prices at jewellery stores in different cities

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Gold Rate Today, May 15: 22, 24 carat gold prices at jewellery stores in different cities

SUMMARY

Gold prices have been volatile amid both global macros and India-specific government's nudge to preserve the forex and support rupee.

gold rate today may 15

On the MCX, gold July futures at around 10 am continued to drift lower. | Image: Shutterstock

After a decline in price on the previous day, gold prices are trading steady. On Friday (May 15, 2026), 24 carat gold is retailing higher by ₹110 or 0.07% at ₹1,62,400 per 10 gm. Similarly the price of 22 carat gold has edged higher by ₹300 or 0.2% to ₹1,49,090 per 10 gm.

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After the excise duty hike on May 12, the government on Thursday announced tightened regulations for duty-free gold imports used in jewellery exports by limiting imports to 100 kilograms per licence under the advance authorisation scheme.

Gold rates at major jewellery brands

As of May 15, 2026, here below are the latest rates across major brands.

Tanishq: 22 carat gold is priced at ₹1,47,200 per 10 gm. 24 carat gold quoted at ₹1,60,580 per 10 gm. Also, 18 carat gold is priced at ₹12,04,400

Joyalukkas: 22 carat gold is priced at ₹1,46,750 per 10 gm. 24 carat gold quoted at ₹1,62,330 per 10 gm.

Malabar Gold: 22 carat gold is priced for ₹1,46,750 and 24 carat gold is retailing at ₹ 1,60,090 per 10 gm.

At the Indian Bullion Jeweller's Association (IBJA) rates are as below:

Fine Gold (999):₹ 15816 22 KT:₹ 15436 20 KT:₹ 14076 18 KT:₹ 12811 14 KT:₹ 10201

Note the above rates are without 3% GST chargeand making charges

24, 22 carat gold price in major Indian cities
Cities24 Carat22 Carat
Delhi₹1,62,400₹1,49,090
Mumbai₹1,62,480₹1,48,950
Kolkata₹1,62,460₹1,48,930
Chennai₹1,62,310₹1,49,000
Hyderabad₹1,62,490₹1,48,960
Pune₹1,62,480₹1,48,950
Bangalore₹1,62,340₹1,49,030
Source: Upstox

Factors affecting gold rate today

Gold prices have been volatile amid both global macros and India-specific government's nudge to preserve the forex and support rupee.

On the MCX, gold July futures at around 10 am continued to drift lower, and was trading down by 0.9% or ₹1,458 at ₹1,60,520 per 10 gm. The yellow metal prices is reacting to higher crude oil prices stoking inflationary concerns. Also, the higher-for-longer interest rate outlook is weighing on the demand for gold.

Investors are eyeing developments in the high-level meeting between the US and China.

On the US-war front, the US President Donald Trump has hinted a tougher stance on Iran nuclear deal. Trump said he would not remain patient with Iran for much longer and urged Tehran to reach a deal with Washington amid ongoing geopolitical tensions.

Internationally, the US gold futures traded with an even sharper decline of 1.5% at $4,617 per ounce. The yellow-metal is on course of its weekly decline and has fallen to its more than one-week low today.

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About The Author

Roshni Agarwal
Roshni Agarwal is a business writer with over 10 years of experience covering markets, commodities and personal finance. At Upstox, she writes on personal finance, breaking down complex financial concepts into clear and understandable content.

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