As of today, gold prices in India have witnessed notable movements across different purity levels. According to market observations, the rates stand at:

• ₹9,829 per gram for 24 Karat gold

• ₹9,010 per gram for 22 Karat gold

• ₹7,372 per gram for 18 Karat gold

These rates apply to standard market benchmarks and may vary slightly depending on city-specific demand, local taxes, and jeweler margins.

Why Gold Prices Matter

Gold remains one of the most trusted investment options in India. With high inflation, volatile equity markets, and geopolitical uncertainties, many Indian households turn to gold as a safe-haven asset. Traditionally used in jewellery, it also plays a critical role in wedding seasons, religious festivals, and financial planning.

City-Wise Gold Prices in India Today

Let’s look at the city-wise gold prices on July 7, 2025, across five major Indian metros: Delhi, Mumbai, Chennai, Bangalore, and Hyderabad.

Gold Price in Delhi Today

• 24 Carat Gold: ₹9,829 per gram

• 22 Carat Gold: ₹9,010 per gram

• 18 Carat Gold: ₹7,384 per gram
  Delhi’s gold market witnessed a minor drop compared to yesterday, particularly in the 18K segment. On July 6, 18K gold was priced at ₹7,425 per gram.

Gold Price in Mumbai Today

• 24 Carat Gold: ₹9,829 per gram

• 22 Carat Gold: ₹9,010 per gram

• 18 Carat Gold: ₹7,372 per gram
  Mumbai’s bullion market remains in line with national averages. As one of the largest importers and consumers of gold, prices in Mumbai often serve as a benchmark for western India.

Gold Price in Chennai Today

• 24 Carat Gold: ₹9,845 per gram

• 22 Carat Gold: ₹9,020 per gram

• 18 Carat Gold: ₹7,390 per gram
  Chennai continues to be one of the most gold-centric cities in India. Prices here are slightly higher due to traditional demand and regional purchase habits.

Gold Price in Bangalore Today

• 24 Carat Gold: ₹9,828 per gram

• 22 Carat Gold: ₹9,005 per gram

• 18 Carat Gold: ₹7,370 per gram
  Bangalore reflects steady demand with marginal dips in lower carat segments. The tech-driven city has shown increasing interest in gold ETFs and digital gold as well.

Gold Price in Hyderabad Today

• 24 Carat Gold: ₹9,830 per gram

• 22 Carat Gold: ₹9,012 per gram

• 18 Carat Gold: ₹7,375 per gram
  Hyderabad shows consistent price trends, and retail jewelers report stable buyer interest ahead of upcoming festivals.

What Determines Daily Gold Prices in India?

Daily gold rates in India are influenced by a mix of domestic and international factors:

1. Global Gold Prices: Movements on the COMEX and LBMA (London Bullion Market Association) influence local pricing.

2. Rupee-Dollar Exchange Rate: Since India imports gold, a weaker rupee leads to costlier gold.

3. Inflation Trends: Higher inflation usually drives up gold demand as a hedge.

4. Interest Rates: When interest rates fall, gold becomes a more attractive investment.

5. Jewellery Demand: Cultural and seasonal demand in India plays a significant role.

6. Import Duty and GST: Government policies directly affect gold pricing structures.

Investment Perspective: Is It a Good Time to Buy Gold?

With 24K gold nearing ₹10,000 per gram, many investors are questioning whether it’s the right time to enter the market. Experts suggest:

• If you’re a long-term investor, small dips in gold prices can present good buying opportunities.

• Gold continues to offer portfolio diversification, especially in times of market uncertainty.

• For short-term traders, keeping an eye on global inflation data and U.S. Federal Reserve decisions is crucial.

Types of Gold Investors Should Know

Understanding gold categories can help buyers make better decisions:

• 24 Karat Gold (999): Purest form, mainly used for investment (coins and bars).

• 22 Karat Gold (916): Common for jewellery making; slightly less pure but more durable.

• 18 Karat Gold (750): Often used in designer jewellery and watches, mixed with other metals for strength and aesthetic variety.

Digital Gold: A Modern Option

While physical gold remains popular, digital options are rising:

• Gold ETFs (Exchange-Traded Funds)

• Sovereign Gold Bonds (SGBs)

• Digital Gold from fintech platforms

These options eliminate storage hassles and come with better transparency.

Gold Price Outlook for 2025

Industry analysts project a volatile but upward trajectory for gold in 2025. Global geopolitical tensions, election cycles, and economic data releases are likely to impact short-term movement.

Still, India’s demand is expected to remain strong due to weddings, festivals like Diwali and Dhanteras, and continued preference for tangible wealth preservation.

Today’s gold price in India, hovering around ₹9,829 for 24K, reflects both international market trends and domestic demand cycles. Whether you are purchasing gold for investment or jewellery, staying updated on daily gold rates in Delhi, Mumbai, Chennai, Hyderabad, and Bangalore is crucial.

For regular updates and expert gold price analysis, stay connected with KKNLive.com – your trusted source for economic insight and market news.