The impact of the rise in gold prices in the global market is now clearly visible in the domestic market as well. On the morning of July 10, the prices of 24-carat and 22-carat gold saw a rise in most cities across the country. However, on the other hand, the price of silver continues to fall. In the capital Delhi, the price of 24-carat gold has reached Rs 1,44,600 per 10 grams, while the price of 22-carat gold is Rs 1,32,560 per 10 grams. The spot gold rate in the international market has reached $4,104.75 per ounce. Due to this, gold prices have also increased in the domestic market. It is worth noting that a day earlier, the price of gold had fallen by Rs 350 in the Delhi bullion market.

Gold rates in major cities today  

Delhi

24 Carat: Rs 1,44,600 per 10 grams 22 Carat: Rs 1,32,560 per 10 grams

Mumbai and Kolkata

24 Carat: Rs 1,44,450 per 10 grams 22 Carat: Rs 1,32,410 per 10 grams

Chennai

24 Carat: Rs 1,45,320 per 10 grams 22 Carat: Rs 1,33,210 per 10 grams

Pune and Bengaluru

24 Carat: Rs 1,44,450 per 10 grams 22 Carat: Rs 1,32,410 per 10 grams

Here are the prices of 22 carat and 24 carat gold in major cities:

Silver prices

However, silver prices continued to decline and were recorded at ₹234,900 per kg on the morning of July 10. The spot rate for silver in the international market is $58.96 per ounce.

Gold and silver prices depend not only on domestic demand and supply, but also on global economic conditions, dollar exchange rate, interest rates and fluctuations in the international market.

PC: Rochak Khabre