Gold Rate Today, July 18: Gold-Silver Prices Remain Flat — Check Rates in Major Cities
As the holy month of Sawan progresses, the price of gold has remained mostly flat, continuing a trend of reduced demand. On Friday, July 18, the gold prices in major bullion markets across India showed little to no change. While 22-carat gold remained steady at previous levels in Delhi, 24-carat gold saw a slight uptick of ₹70 per 10 grams. Meanwhile, silver prices also held steady, with 1 kg silver trading at ₹1,13,900.
Why Are Gold Prices Flat?
Globally and nationally, the current flat trend in gold prices is being attributed to declining demand for safe-haven investments. Recent developments such as easing tensions between the U.S. and China, the lifting of AI chip bans, and signs of a potential trade deal with India have boosted investor confidence. As a result, stockists have loosened their positions and begun selling, which has put downward pressure on gold prices.
In addition, market sentiments have been cautious due to key economic indicators, including:
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U.S. retail and employment data
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Statements from Federal Reserve officials
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Stronger-than-expected CPI inflation figures in the U.S.
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A rising Dollar Index, which has reduced expectations of a near-term interest rate cut by the U.S. Federal Reserve
Gold Rates in Major Cities (as of July 18, 2025):
| City | 22 Carat (₹/10g) | 24 Carat (₹/10g) |
|---|---|---|
| Delhi | ₹91,140 | ₹99,490 |
| Mumbai | ₹91,060 | ₹99,340 |
| Kolkata | ₹91,060 | ₹99,340 |
| Chennai | ₹91,060 | ₹99,340 |
| Jaipur | ₹91,140 | ₹99,490 |
| Noida | ₹91,140 | ₹99,490 |
| Ghaziabad | ₹91,140 | ₹99,490 |
| Lucknow | ₹91,140 | ₹99,490 |
| Bengaluru | ₹91,060 | ₹99,340 |
| Patna | ₹91,060 | ₹99,340 |
How Are Gold Prices Determined in India?
Gold rates in India are influenced by several global and domestic factors:
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International market trends
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Import duties and local taxes
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Rupee-to-Dollar exchange rate
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Demand and supply balance
In India, gold isn’t just a means of investment but also a major component of weddings, festivals, and cultural traditions. That’s why even slight fluctuations in prices impact millions of buyers across the country.
Stay updated with daily bullion market trends to make informed buying decisions.
