Gold Price Today: Gold prices continue to fall, becoming even cheaper; here are the rates in 10 major cities..
The decline in gold prices across the country shows no signs of stopping. Prices for both 24-carat and 22-carat gold are continuously slipping in most cities. On the morning of July 9, the price of 24-carat gold in the capital, Delhi, dropped to ₹1,43,270 per 10 grams. In Mumbai, the rate stands at ₹1,43,120 per 10 grams. In the international market, spot gold is trading at $4,056.24 per ounce. Investor sentiment has weakened due to a surge in crude oil prices amidst rising tensions in West Asia.
Gold prices are also falling in global markets, impacting the domestic market. Rising crude oil prices have reignited concerns about inflation, leading to an increase in US bond yields and the value of the dollar.
US President Donald Trump has announced the termination of the interim peace agreement with Iran. Late Wednesday night, the US launched fresh attacks targeting Iran's military infrastructure and a railway bridge. Prior to this, the US had accused Iran of attacking commercial vessels in the Strait of Hormuz, a vital maritime route.
Gold rates in some major cities:
Gold price in Delhi: The price of 24-carat gold in Delhi is ₹1,43,270 per 10 grams. The rate for 22-carat gold is ₹1,31,340 per 10 grams.
Mumbai and Kolkata: In Mumbai and Kolkata, the price of 22-carat gold is ₹1,31,190 per 10 grams, while the price of 24-carat gold is ₹1,43,120 per 10 grams.
Gold price in Chennai: The price of 24-carat gold is ₹1,44,540 per 10 grams. The rate for 22-carat gold is ₹1,32,490 per 10 grams.
Prices in Pune and Bengaluru: In both these cities, the price of 24-carat gold is ₹143,120 per 10 grams, and the price of 22-carat gold is ₹131,190 per 10 grams.
City Today's 22-Carat Gold Price (₹) Today's 24-Carat Gold Price (₹)
Delhi 131,340 143,270
Mumbai 131,190 143,120
Ahmedabad 131,240 143,170
Chennai 132,490 144,540
Kolkata 131,190 143,120
Hyderabad 131,190 143,120
Jaipur 131,340 143,270
Bhopal 131,240 143,170
Lucknow 131,340 143,270
Chandigarh 131,340 143,270
Silver Price
Like gold, the price of silver is also steadily declining. On the morning of July 9, silver is priced at ₹244,900 per kilogram. In the international market, the price of spot silver stands at $58.61 per ounce. Domestic prices of gold and silver are influenced by both domestic and global factors.
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