Gold price Decline in some Major cities, Check Rates..
As of Thursday morning, 24-carat gold in India was priced at ₹97,853 per 10 grams. Meanwhile, the rate for 22-carat gold was ₹89,713 for the same quantity. Overall, gold prices saw a decline and showed variations across different metropolitan cities.
Gold Price Rates of 24 Carat
The 24-carat gold price dropped by Rs 280 per 10 grams in major Indian cities. In Bangalore, the rate stood at Rs 97695 for 10 grams, while Chennai recorded a marginally higher price of Rs 97,701. Delhi registered the highest price among these cities at ₹97,853 per 10 grams. Kolkata and Mumbai had almost the same rates at ₹97,705 and ₹97,707 respectively, while Pune trailed just behind at ₹97,713 per 10 grams.
Gold Price Rates of 22 Carat
The rate of 22 carat gold witnessed a decline by Rs 250 per 10 grams and across the same key in the metropolitan area. In Bangalore, it was priced at ₹89,555, while Chennai reported a rate of ₹89,564. Once again, Delhi recorded the highest gold rate, with prices reaching Rs 89713 per 10 grams. Kolkata and Mumbai had almost the same rates at ₹89,567 and ₹89,569, respectively, with Pune slightly ahead at ₹89,583.
Read This: Gold Rates: Know the latest price of your city on 4th July 2025
Gold price Fall as US-China Negotiations Progress
Gold price dropped on Tuesday as investors awaited more clarity from the ongoing U.S.-China trade negotiations taking place in London. Gold declined by 0.5 %at 0125 AMT trading at $3311.16 also registered a drop. Gold futures declined by 0.7% to $3,330.90. The high-level talks, now in their second day, cover a range of topics including tariffs and restrictions on rare earth elements. Meanwhile, spot silver fell by 0.6% to $37.51 per ounce, platinum slipped 0.8% to $1,211.46, and palladium edged down 0.2% to $1,072.75. Gold is typically favored during times of affairs between national governments and economic uncertainty, and it tends to perform well when interest rates are low.
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