Gold Price Today: Gold Opens on a Positive Note on First Day of Sawan – Check Rates for July 11, 2025

As India welcomes the auspicious month of Sawan from July 11, 2025, gold prices have shown a strong start, trading with a positive bias across major bullion markets in the country. The yellow metal opened with a sharp rise of ₹600 per 10 grams compared to Thursday’s closing rate, reflecting upbeat sentiment in the international market and local demand.

🪙 Gold and Silver Prices on July 11, 2025

As of this morning, 24-carat gold is priced at ₹99,000 per 10 grams, while 22-carat gold is trading around ₹90,750–90,900, depending on the city. Silver has also surged, touching ₹1,11,000 per kilogram.

🏙️ City-wise Gold Prices (Per 10 Grams)

City	22 Carat (₹)	24 Carat (₹)
Delhi	90,900	99,150
Mumbai	89,990	99,000
Chennai	90,750	99,000
Kolkata	89,990	99,000
Jaipur	90,900	99,150
Noida	90,900	99,150
Ghaziabad	90,900	99,150
Lucknow	90,900	99,150
Bengaluru	90,750	99,000
Patna	90,750	99,000

📉 Market Factors Behind Gold’s Movement

According to Rahul Kalantri, Vice President of Mehta Equities, gold and silver experienced early volatility due to a lack of major announcements in the recent Federal Reserve meeting. Meanwhile, a dip in the dollar index to 97.3 and falling US treasury yields provided support to bullion prices.

Adding to the global economic jitters, former US President Donald Trump has announced heavy tariffs on copper and Brazilian imports. However, he maintained a positive outlook on trade talks with China and the European Union.

⚖️ Why Gold Prices Fluctuate in India

Gold prices in India are influenced by a combination of factors:

• Global gold rates

• Import duties and taxes

• Rupee-dollar exchange rate

• Demand-supply dynamics

India’s deep-rooted cultural and traditional affinity with gold, especially during weddings and festivals, makes price movement significantly impactful for consumers.

On the first day of Sawan, gold has turned costlier, and prices are likely to remain strong amid festive buying, global cues, and inflationary concerns. Whether you're a trader, investor, or traditional buyer, it’s crucial to track daily trends and global movements before making a purchase.

Stay tuned for regular updates on bullion rates and market trends.