Gold and silver prices in India witnessed a steady trend on May 13, 2026, with minor fluctuations across major cities. The Multi Commodity Exchange (MCX) reported gold futures for June 2026 at Rs 71,500 per 10 grams, while silver futures for July 2026 were trading at Rs 82,000 per kilogram. The domestic prices are influenced by global cues, rupee movement, and the prevailing import duty on gold, which remains at 15%.
City-Wise Gold Rates on May 13, 2026
Here is a detailed breakdown of gold prices (per 10 grams, 24K) in key Indian cities:
- Kolkata: Rs 71,200
- Delhi: Rs 71,400
- Chennai: Rs 71,350
- Mumbai: Rs 71,300
The prices for 22K gold are typically Rs 3,000 to Rs 4,000 lower than 24K rates. For example, 22K gold in Delhi is around Rs 68,400 per 10 grams.
Silver Rates Across Major Cities
Silver prices today (per kilogram) are as follows:
- Kolkata: Rs 81,800
- Delhi: Rs 82,200
- Chennai: Rs 82,000
- Mumbai: Rs 81,900
Factors Affecting Gold and Silver Prices
The precious metals market is currently being shaped by several key factors. The import duty on gold, which was hiked to 15% in 2023, continues to support domestic prices. Global uncertainties, including geopolitical tensions and inflation concerns, have kept safe-haven demand robust. Additionally, the strength of the US dollar and bond yields impact international gold prices, which in turn affect Indian rates.
MCX Futures Outlook
MCX gold futures for June 2026 have shown a slight uptick of 0.2% in morning trade, while silver futures for July 2026 gained 0.3%. Analysts suggest that prices may remain range-bound in the near term, with support for gold at Rs 71,000 and resistance at Rs 72,000. Silver is expected to trade between Rs 81,500 and Rs 82,500.
Investors are advised to monitor global economic data releases and central bank policies for further direction. The ongoing wedding season in India is also providing a floor to physical demand, especially in tier-2 and tier-3 cities.
