Gold Price Today: Gold gets costlier; rates for both 24-carat and 22-carat have risen..

Gold prices in the country have risen further. On the morning of July 4, the prices of 24-carat and 22-carat gold increased in most cities. In the capital, Delhi, the price of 24-carat gold has risen to ₹1,47,160 per 10 grams. A day earlier, the price of 99.9% pure gold in Delhi's bullion market had surged by ₹3,300 to reach ₹1,50,800 per 10 grams. Demand for gold spiked due to strengthening prices in international markets and a weakening dollar. In the international market, spot gold is trading at $4,181.50 per ounce.

Gold rates in major cities across the country:

Gold price in Delhi: The price of 24-carat gold in Delhi is ₹1,47,160 per 10 grams. The rate for 22-carat gold is ₹1,34,910 per 10 grams.

Mumbai and Kolkata: In Mumbai and Kolkata, the price of 22-carat gold is ₹1,34,760 per 10 grams, while the price of 24-carat gold is ₹1,47,010 per 10 grams.

Gold price in Chennai: The price of 24-carat gold is ₹1,49,570 per 10 grams. The rate for 22-carat gold is ₹1,37,010 per 10 grams.

Prices in Pune and Bengaluru: In both these cities, the price of 24-carat gold is ₹1,47,010 per 10 grams, and the price of 22-carat gold is ₹1,34,760 per 10 grams.

City    Today's Price for 22-Carat Gold (₹)    Today's Price for 24-Carat Gold (₹)
Delhi                      134,910                          147,160
Mumbai                 134,760                           147,010
Ahmedabad           134,810                          147,060
Chennai                 137,010                            149,570
Kolkata                   134,760                          147,010
Hyderabad             134,760                          147,010
Jaipur                    134,910                          147,160
Bhopal                   134,810                          147,060
Lucknow                134,910                         147,160
Chandigarh           134,910                         147,160

Kevin Warsh, a member of the US Federal Reserve Board, has indicated a stance less hawkish than market expectations, thereby easing concerns about an imminent hike in interest rates. Weaker-than-expected US job data is another factor dampening expectations of an interest rate hike. According to Reuters, the US Labor Department's Bureau of Labor Statistics reported an increase of 57,000 non-farm payroll jobs in June. JPMorgan projects that the rise in gold prices will remain limited this year.

Silver Price

Like gold, silver—another precious metal—is also witnessing an upward trend. On the morning of July 4, the price rose to ₹250,100 per kilogram. Silver prices continue to climb due to rising demand from both industrial sectors and investors. In the international market, the price of spot silver stands at $62.45 per ounce.

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