On the first Monday of the holy Sawan month, gold prices in India witnessed a sharp rise. With gold rates crossing ₹1 lakh, buyers are now eyeing new benchmarks in the bullion market.

According to market experts, this surge aligns with seasonal demand and ongoing global economic fluctuations. Gold prices rose by ₹170 per 10 grams compared to the previous day.

Silver, on the other hand, showed minor fluctuations and continued to hover around ₹1.15 lakh per kg.

Let us look at today’s gold and silver rates in various Indian cities and understand what it means for buyers.

Gold Price Today – July 14, 2025

On Monday, the bullion market released fresh gold prices for 18, 22, and 24-carat gold across India. The prices saw a consistent rise across major metropolitan and tier-2 cities.

24-Carat Gold Rate Today

• Delhi, Jaipur, Lucknow, Chandigarh: ₹1,00,030 per 10 grams

• Hyderabad, Kerala, Bengaluru, Mumbai: ₹99,880 per 10 grams

• Bhopal, Indore: ₹99,930 per 10 grams

• Chennai: ₹99,880 per 10 grams

22-Carat Gold Rate Today

• Delhi, Jaipur, Lucknow: ₹91,700 per 10 grams

• Hyderabad, Kerala, Kolkata, Mumbai: ₹91,550 per 10 grams

• Bhopal, Indore: ₹91,600 per 10 grams

18-Carat Gold Rate Today

• Delhi: ₹75,030 per 10 grams

• Mumbai, Kolkata: ₹74,910 per 10 grams

• Indore, Bhopal: ₹74,950 per 10 grams

• Chennai: ₹75,400 per 10 grams

Silver Price Today – July 14, 2025

Silver prices remained mostly stable with minor city-wise variations. However, some southern cities reported higher trends due to local demand and imports.

1 Kg Silver Rate by City

• Delhi, Jaipur, Lucknow, Mumbai, Kolkata, Ahmedabad: ₹1,15,000

• Chennai, Madurai, Hyderabad, Kerala: ₹1,25,000

• Bhopal, Indore: ₹1,15,000

Silver’s performance remains strong, with investors favoring it as a safer hedge against market volatility.

Why Did Gold Prices Increase on Sawan Monday?

There are multiple factors behind this sharp rise in gold rates on July 14:

1. High Festive Demand:
   The first Monday of Sawan is considered highly auspicious. Many devotees buy gold and silver on this day, pushing demand higher.

2. Market Sentiment:
   Bullion markets usually react positively to spiritual periods like Sawan. Retail jewelry purchases rise significantly.

3. Global Factors:
   Ongoing economic instability, rising interest in safe assets, and falling stock market confidence have triggered gold buying globally.

4. Weakening Rupee:
   The Indian rupee’s decline against the dollar makes gold imports costlier, pushing domestic prices up.

5. Speculative Trading:
   Traders expect prices to rise further during the wedding and festive seasons, leading to early bulk purchases.

Gold Purity Check – What Buyers Should Know

Before purchasing gold, especially at such high prices, buyers must verify its purity. The Bureau of Indian Standards (BIS) issues hallmark certifications to ensure gold authenticity.

Here’s how to check purity:

Hallmark Identification:

• 24 Carat Gold = Marked as 999

• 23 Carat Gold = Marked as 958

• 22 Carat Gold = Marked as 916

• 21 Carat Gold = Marked as 875

• 18 Carat Gold = Marked as 750

24-carat gold is considered 99.9% pure. However, it is too soft to make durable jewelry. Therefore, most jewelers sell 18, 20, or 22-carat gold for ornaments.

Difference Between Carats:

• 24 Carat: Purest form, mainly used for coins and bars.

• 22 Carat: 91.6% pure; used in most jewelry.

• 18 Carat: 75% pure; mixed with copper, silver, and zinc for strength.

Why 22 Carat Is Popular for Jewelry

22-carat gold includes 8.4% other metals. This mix gives strength to ornaments without compromising shine or value. Most Indian buyers prefer 22-carat jewelry for cultural and practical reasons.

Buying Tips Amid Soaring Prices

With gold rates above ₹1 lakh, buyers need to stay cautious and informed. Here are a few tips for smart gold shopping:

1. Verify Hallmark:
   Never buy unmarked gold. Always ask for a BIS-certified hallmark.

2. Compare Prices:
   Prices vary city-wise and store-wise. Compare rates before buying.

3. Watch Making Charges:
   Making charges can be high on designer jewelry. Always ask for a breakdown.

4. Invest in Coins/Bars for Value:
   If you’re investing and not buying for fashion, prefer coins or bars. They have lower making charges.

5. Track Global Trends:
   Global cues affect domestic rates. Keep an eye on international gold prices and currency exchange rates.

Outlook for Gold and Silver in July 2025

As Sawan progresses and the wedding season nears, gold prices may continue to rise. Traders expect prices to breach new highs in the coming weeks.

Many investors are also shifting from stock markets to precious metals due to economic concerns. This could further push prices upward.

Silver too is expected to see renewed interest, especially from the industrial and solar sectors. Rural demand during festive months may keep silver rates steady or even bullish.

Should You Buy Gold Now?

For buyers considering gold as an investment, this could be a good entry point if prices are expected to rise further. However, short-term buyers should be cautious, as sudden corrections are also possible.

It is advisable to:

• Track daily rates

• Avoid panic buying

• Purchase from reputed jewelers

Experts suggest averaging investments through systematic purchases rather than one-time buys.

On the first Monday of Sawan 2025, gold prices in India have crossed the ₹1 lakh mark. This has created excitement among buyers and investors. With 22-carat gold at ₹91,700 and 24-carat at ₹1,00,030, the bullion market remains bullish.

Silver, though steady at ₹1,15,000 per kg in most cities, shows signs of further growth. Buyers are advised to stay informed, verify purity, and compare prices across cities before making a purchase.

The upcoming festive and wedding season could bring more fluctuations, so timely buying decisions will be crucial.