Gold Price: A sharp decline was observed today in gold and silver prices. On the Multi Commodity Exchange (MCX), a downward trend was noted in gold and silver rates today—May 15th. The rate for MCX Silver Futures (July 2026 delivery) has reached the level of ₹279,458 per kilogram, following a drop of ₹11,700.

Meanwhile, the rate for Gold Futures (June 2026 delivery) has settled at ₹160,355 per 10 grams, after a decline of ₹1,600. In early trading on the MCX, silver prices fell by approximately ₹11,700 to reach ₹279,458 per kilogram, while gold became cheaper by more than ₹2,000.

Gold and Silver Become Cheaper

On the other hand, an increase of over ₹3 has been observed in petrol and diesel prices. During early trading on the MCX, silver for July 3rd delivery dropped by ₹11,700 to reach ₹279,458 per kilogram. In the previous session, it opened at ₹ 280,000 and closed at ₹ 291,102. Gold for June delivery declined by approximately ₹2,000, bringing the rate down to ₹159,946 per 10 grams.

Gold Rates on MCX

On the Multi Commodity Exchange (MCX), gold prices experienced significant volatility during the previous trading day—May 14th. At 10:30 PM, gold for June delivery had settled at ₹161,992 per 10 grams following a decline. Today—Friday—as of 11:00 AM, gold for June 5th delivery is trading at ₹159,500 per 10 grams. Gold Rates on MCX In recent days, silver for July delivery has dropped by ₹9,038 per kilogram to reach ₹291,200. Today, May 15, silver for July 3 delivery has been recorded at ₹278,775. City-Wise Gold Rates (As of 11:00 AM)

Delhi Gold Rate
24K – ₹160,240
22K – ₹146,900
18K – ₹120,220

Mumbai Gold Rate
24K – ₹160,090
22K – ₹146,750
18K – ₹120,070

Kolkata Gold Rate
24K – ₹160,090
22K – ₹146,750
18K – ₹120,070

Chennai Gold Rate
24K – ₹160,090
22K – ₹149,500
18K – ₹124,700

Lucknow Gold Rate
24K – ₹160,240
22K – ₹146,900
18K – ₹120,220

Kanpur Gold Rate
24K – ₹162,260
22K – ₹148,950
18K – ₹121,900

Patna Gold Rate
24K – ₹162,380
22K – ₹148,550
18K – ₹121,800

Jaipur Gold Rate
24K – ₹162,260
22K – ₹148,950
18K – ₹121,900

Indore Gold Rate
24K – ₹162,380
22K – ₹148,850
18K – ₹121,800

Bhopal Gold Rate
24K – ₹162,380
22K – ₹148,850
18K – ₹121,800