Indian precious metals markets show stability on May 3 as gold and silver prices remain largely unchanged across major cities.

Indian precious metals markets show stability on May 3 as gold and silver prices remain largely unchanged across major cities. Twenty-four karat gold trades around rupees 151,820 per 10 grams while 22-karat gold stands at rupees 139,168 per 10 grams in the bullion market. Silver 999 Fine is priced at rupees 251,190 per kilogram according to Indian Bullion Association data. The multi commodity exchange remains closed on weekends, limiting live trading activity. Retail prices show minor variations across Mumbai, Delhi, Bengaluru, and other major centers, with gold continuing to hold above the 1.5 lakh rupee mark per 10 grams. Investors monitoring precious metals as alternative assets should note the current stable pricing environment in domestic markets.