Gold prices in India and Dubai stay steady amid global uncertainty

India's 24‑karat gold price held at ₹15,948 per gram on May 23, 2026, with 22‑K at ₹14,619 and 18‑K at ₹11,961. Silver traded at ₹284.90 per gram (₹2,84,900 per kilogram). City‑wise rates showed minor variations, with Mumbai and Delhi near the national average.

In Dubai, 24‑K gold was priced at INR 1,48,000 for 10 grams on May 24, 2026, while 22‑K and 18‑K rates were INR 1,37,500 and INR 1,14,000 respectively for the same weight. Both markets cited continued safe‑haven demand, stable international bullion trends, inflation concerns, and geopolitical tensions as support for the elevated prices. Analysts expect short‑term range‑bound trading unless a major global development triggers stronger volatility.