Gold and silver prices are higher than Thursday, chilled with a soft US dollar and continuous stresses on Trade Trade. In multi commodity exchange (MCX), the golden future rises in Rs 247 or 0.26%, settling Rs 96,225 per 10 grams. The Flaver Futures also retrieves Rs 250 or 0.26% to close Rs 96,711 per kilogram.
In Global Markets, Spows Gold Rose 0.3% to $ 3,321.68 per ounce, while US Gold Futures has 0.3% of $ 3,329.90. Uptick arrived as the US Dollar Index fell to 0.2%, making gold more cheap for investors abroad. In addition, a US treasury withdrawal provides additional bullion support, free of charge.
“The gold is broken into a technical level of support and also, the wider dollar refused,” says Nicholas Frappell, Global Head Markets in ABC Refery.
Bullion prices are also come against backdrop in a growing trading war. The US President Donald Trump announced new tariffs, including 50% of the Copper Imports, South Catigue, “as shown in analysts.
Matt Simpson, Senior Analyst of the City Index, says, “The market of tariffs seems to reduce a new catalyst to stimulate a new catalyst to arouse a new catalyst to stimulate a new catalyst arouse the order.
In most recent minutes of the Fed meeting, most members indicate the cuts of the rate is more likely to later this year, even a couple appeared to open the first step. The next policy meeting is scheduled for July 29-30.
Meanwhile, other expensive metals showed mixed trends: Spot silver with 0.2% to $ 1,345.06, while Pallalium earned 0.3% to $ 1,108.18.
Domestic and global trends
Manoj Jain, director of India Nivesh, found continued rising rates of gold and silver prices, affected by international uncertainty and domestic cues.
“Gold August futures set up at Rs 96,461 per 10 grams, which is less than 0.07,26% of a possible cut in September,” said Jain.
He added that technical support level is important. “We hope gold holding $ 3,240 and silver to hold support for about $ 35.40 a week to support Rs 1,06,650 and resisting Rs 1,07,950.”
The dollar index ends little weak at 97.15. USD-INR Jul 29 Futures is closed at 85.7725 with a small profit of 0.01%. The market sequence, driven by trade talks and potential deals in the US-India, likely to keep Rupee and dollars within the week.
“Rupee fell into early trading but recovered as equories changed back. Krude related notices and the change in 85.10-86.80 this week,” Jain added.
Analysts expect bullion to remain quick during. Entrepreneurs advise to guard trade developments, fed comment, and change the dollar index. It is recommended to buy dips, especially around Rs 96,200 for gold, with a stop loss of Rs 95,770 and a potential target of Rs 96,900.
The price of gold gold (per grams on July 10, 2025):
CITIES | 24k | 22k |
Mumbai | Rs 9,840 | Rs 9,020 |
Delhi | Rs 9,855 | RS 9,035 |
Chennai | Rs 9,840 | Rs 9,020 |
Kolkata | Rs 9,840 | Rs 9,020 |
Bengaluru | Rs 9,840 | Rs 9,020 |
Golden gold in Mumbai:
In Mumbai, the price of 24-carat gold stands at Rs 9,840 per gram, while 22-carat gold is sold at Rs 9,020 per gram.
Golden gold in Delhi:
The National Capital recorded 24K Gold at Rs 9,855 per gram, with 22k gold available at Rs 9,035 per gram.
Chennai golden gold:
Chennai gold prices are slightly small, with 24k gold in Rs 9,840 per gram and 22k gold at Rs 9,020 per gram.
Kolkata’s golden price:
In Kolkata, 24-carat gold sold at Rs 9,840 per gram, and 22-carat gold sells Rs 9,020 per gram.
Bengaluru gold gold:
Bengaluru saw 24k Gold Trading at Rs 9,840 per gram, while 22K gold applies to Rs 9,020 per gram.
Pune Gold Price:
Pune saw 24k Gold Trading at Rs 9,840 per gram, while 22K gold applies to 9,020 per gram.
