Gold Prices Slip Slightly on May 1, 2026 Morning After Previous Day’s Rise
Gold prices have recorded a mild decline in the morning session on May 1, 2026, following yesterday evening’s upward movement. After showing signs of recovery on April 30, the market has taken a small dip today, indicating continued fluctuations.
As per the latest update, the price of 22-carat gold has decreased by ₹50 per gram and is now priced at ₹14,050 per gram. Accordingly, the price of one sovereign (8 grams) stands at ₹1,12,400.
Similarly, 18-carat gold has also seen a slight drop of ₹25 per gram and is currently trading at ₹11,750 per gram.
Silver prices have followed the same downward trend. The metal has fallen by ₹5 per gram and is now priced at ₹265 per gram. On a larger scale, silver is being traded at ₹2,65,000 per kilogram.
This decline comes after a noticeable increase in prices during the evening session on April 30, where both gold and silver had shown a recovery from earlier losses. Today’s slight dip suggests that the market continues to remain volatile.
Market experts point out that fluctuations in global economic conditions, currency movements, and local demand are playing a key role in influencing gold and silver prices. While yesterday’s rise hinted at a short-term recovery, today’s fall indicates that price movements are still uncertain.
Traders and buyers are closely watching the trend, as further changes are expected in the coming sessions depending on market dynamics.
