BUSINESS
Gold Price Rises Again While Silver Holds Steady; Check Today's Latest Gold and Silver Rates
Gold & Silver Price Today: Gold prices moved higher once again in the domestic bullion market, while silver remained largely unchanged. Rising demand ahead of the wedding season and firm global trends supported the increase in gold prices, making it important for buyers and investors to check the latest rates before making a purchase.
Gold prices witnessed a sharp rise on July 23, extending their recent gains amid strong domestic demand and supportive international market trends. With the wedding season approaching, jewellers have reported increased interest from buyers, contributing to the upward movement in prices.
Silver prices, however, remained stable during the session, providing some relief to buyers planning investments in the white metal.
Gold Prices Today
According to the latest market data:
| Purity | Price (Per 10 grams) | Change |
|---|---|---|
| 24-Carat Gold | ₹1,47,552.61 | ▲ ₹1,417.61 (0.97%) |
| 22-Carat Gold | ₹1,35,258.43 | ▲ ₹1,298.43 |
Analysts attribute the rise to stronger global bullion prices and increased jewellery demand in the domestic market.
Silver Price Today
Silver prices remained unchanged compared to the previous trading session.
| Metal | Price |
|---|---|
| Silver | ₹2,36,900 per kilogram |
Despite gold's rally, silver traded in a narrow range without any significant price movement.
Gold Rates in Major Indian Cities
Gold prices remained almost identical across most major cities.
| City | 24K Gold (10g) | 22K Gold (10g) |
|---|---|---|
| Delhi | ₹1,47,552.61 | ₹1,35,258.43 |
| Mumbai | ₹1,47,552.61 | ₹1,35,258.43 |
| Kolkata | ₹1,47,552.61 | ₹1,35,258.43 |
| Chennai | ₹1,47,552.61 | ₹1,35,258.43 |
| Jaipur | ₹1,47,552.61 | ₹1,35,258.43 |
| Bengaluru | ₹1,47,552.61 | ₹1,35,258.43 |
| Ahmedabad | ₹1,47,552.61 | ₹1,35,258.43 |
| Pune | ₹1,47,552.61 | ₹1,35,258.43 |
| Lucknow | ₹1,47,552.61 | ₹1,35,258.43 |
| Gurugram | ₹1,47,552.61 | ₹1,35,258.43 |
Similar rates were also reported in Noida, Ghaziabad, Kanpur, Ayodhya, Meerut, Patna, Chandigarh, Ludhiana, Guwahati, Indore, Vadodara, Surat, Nagpur, and Nashik.
Silver Rates in Major Cities
Silver prices were also largely uniform across major markets.
| City | Silver Price (Per kg) |
|---|---|
| Delhi | ₹2,36,900 |
| Mumbai | ₹2,36,900 |
| Kolkata | ₹2,36,900 |
| Chennai | ₹2,36,900 |
| Jaipur | ₹2,36,900 |
| Bengaluru | ₹2,36,900 |
| Ahmedabad | ₹2,36,900 |
| Pune | ₹2,36,900 |
| Lucknow | ₹2,36,900 |
| Gurugram | ₹2,36,900 |
The same rates were reported in several other cities, including Noida, Ghaziabad, Patna, Chandigarh, Ludhiana, Guwahati, Indore, Surat, Vadodara, Nagpur, and Nashik.
Why Gold Prices Are Rising
Market experts say several factors are supporting gold prices:
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Strong global bullion market trends.
-
Higher jewellery demand ahead of the wedding season.
-
Continued investor interest in safe-haven assets.
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Ongoing geopolitical and economic uncertainties that support precious metal prices.
Tips Before Buying Gold
Before purchasing gold jewellery or investing in bullion, keep these important points in mind:
-
Buy only BIS hallmarked gold.
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Verify the 6-digit HUID (Hallmark Unique Identification) number.
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Check whether you are purchasing 22K or 24K gold.
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Compare making charges, which may vary significantly between jewellers.
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Always ask for a proper purchase invoice.
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Review the jeweller's buyback and exchange policy.
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Compare prices across multiple jewellery stores before making a final decision.
Market Outlook
Gold continues to trade near record levels, reflecting strong demand and global market support. While silver remained stable today, both precious metals are likely to remain in focus as investors monitor international economic developments, central bank policies, and domestic festive and wedding season demand. Buyers planning jewellery purchases or long-term investments should keep track of daily price movements before making any decision.
