Gold rate today: Price of vital metal fall for 2nd straight day
The bullion rate stands at ₹ 89,613 for 22-carat gold and ₹ 97,850 for 24-carat gold per 10 grams, marking a 0.040 per cent increase from Wednesday.
These rate fluctuations come amid US President Donald Trump recently announcing that a trade deal between the US and India will be finalized soon, with a focus on reducing tariffs.
As the July 9 deadline for Trump's suspension of country-specific reciprocal tariffs approaches, the US and India are preparing to hold negotiation talks. Gold rates today in major cities Gold and silver prices in Kolkata
Gold bullion rate: ₹ 97,430 / 10 gm
MCX gold rate: ₹ 97,070 / 10 gm
Silver bullion rate: ₹ 107,170 / kg
MCX Silver 999 rate: ₹ 1,200 / 10 gm Gold and silver prices in Mumbai
Gold bullion rate: ₹ 97,590 / 10 gm
MCX gold rate: ₹ 96,020 / 10 gm
Silver bullion rate: ₹ 107,380 / kg
MCX Silver 999 rate: ₹ 1,200 / 10 gm Gold and silver prices in Hyderabad
Gold bullion rate: ₹ 97,750 / 10 gm
MCX gold rate: ₹ 95,180 / 10 gm
Silver bullion rate: ₹ 107,520 / kg
MCX Silver 999 rate: ₹ 1,200 / 10 gm Gold and silver prices in New Delhi
Gold bullion rate: ₹ 97,400 / 10 gm
MCX gold rate: ₹ 96,230 / 10 gm
Silver bullion rate: ₹ 107,010 / kg
MCX Silver 999 rate: ₹ 1,200 / 10 gm Gold and silver prices in Chennai
Gold bullion rate: ₹ 97,860 / 10 gm
MCX gold rate: ₹ 95,180 / 10 gm
Silver bullion rate: ₹ 107,510 / kg
MCX Silver 999 rate: ₹ 1,200 / 10 gm Gold and silver prices in Bengaluru
Gold bullion rate: ₹ 97,660 / 10 gm
MCX gold rate: ₹ 96,390 / 10 gm
Silver bullion rate: ₹ 107,290 / kg
MCX Silver 999 rate: ₹ 1,200 / 10 gm
Among the cities, MCX gold prices are highest in Bengaluru and lowest in Hyderabad and Chennai. Bullion rates, meanwhile, are highest in Chennai and lowest in New Delhi.
As of 10:40 am, MCX silver is quoted at ₹ 106,500, while the bullion rate stands at ₹ 107,310 per kilogram, reflecting a 0.270 per cent drop from the previous day.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
17 minutes ago
- Economic Times
Gold flat as easing trade tensions offset boost from soft dollar
Gold prices held steady on Thursday after a sharp drop in the previous session, as easing trade tensions dented demand for safe-haven assets, overshadowing support from a weaker dollar. ADVERTISEMENT * Spot gold was flat at $3,388.49 per ounce, as of 0029 GMT, after dropping 1.3% in the previous session. U.S. gold futures were little changed at $3,495.90. * The U.S. dollar index fell to a more than two-week low against its rivals, making greenback-priced gold less expensive for other currency holders. * Signalling progress on tariffs, U.S. President Donald Trump struck a trade deal with Japan that lowers tariffs on auto imports and spares Tokyo from punishing new levies on other goods in exchange for a $550 billion package of U.S.-bound investment and loans. * The European Union and the United States are nearing an agreement on a similar trade deal that would impose 15% tariffs on European imports, while waiving duties on some items, according to officials from the European Commission. ADVERTISEMENT * Risk sentiment in the wider financial markets rose on the back of progress in trade talks and hopes that more deals could be in the offering. * Data showed U.S. existing home sales fell more than expected in June, suggesting the housing market slump could be deepening as higher mortgage rates and economic uncertainty keep potential buyers on the sidelines. ADVERTISEMENT * Focus now shifts to Thursday's weekly jobless claims numbers and S&P Global's flash PMI data to gauge economic health ahead of the Federal Reserve monetary policy decision next week. * Markets widely expect the Fed to leave interest rates unchanged next week. Odds for a September reduction stand at about 63%, according to the CME FedWatch tool. ADVERTISEMENT * Spot silver was flat at $39.28 per ounce, platinum fell 0.1% to $1,410.47 and palladium slipped 0.3% to $1,273.98. DATA/EVENTS (GMT) 0500 Japan Chain Store Sales YY June 0645 France Business Climate Mfg, Overall July 0715 France HCOB Mfg, Services, Composite Flash PMI July 0730 Germany HCOB Mfg, Services, Composite Flash PMI July 0800 EU HCOB Mfg, Services, Composite Flash PMI July 0830 UK Flash Composite, Manufacturing, Services PMI July 1000 UK CBI Business Optimism Q3 1215 EU ECB Refinancing Rate, Deposit Rate July 1230 US Initial Jobless Clm 19 July, w/e 1345 US S&P Global Mfg, Svcs, Comp PMI Flash July 1400 US New Home Sales-Units June. (You can now subscribe to our ETMarkets WhatsApp channel)
Economic Times
18 minutes ago
- Economic Times
S&P 500 and Nasdaq rally to record highs on optimism about trade deals
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The S&P 500 and Nasdaq notched record high closes on Wednesday, lifted by Nvidia and GE Vernova , as the European Union and the U.S. appeared headed toward a trade deal similar to an agreement President Donald Trump struck with White House's deal with the European Union would include a broad tariff of 15% on EU goods imported into the U.S., two diplomats said. The rate, which could also extend to cars, would mirror the framework agreement the U.S. has struck with benchmark S&P 500 has now climbed about 8% in 2025, while the Nasdaq has gained almost 9%."The key thing is the markets have confidence that the White House is going to continue to work through these trade deals ," said Larry Tentarelli, chief technical strategist for Blue Chip Daily Trend of GE Vernova surged to 14.6% an all-time high after the power equipment maker raised its revenue and free cash flow forecasts and beat Wall Street estimates for second-quarter profit. GE Vernova has gained over 80% so far in 2025, with power consumption on track to hit record highs due to growing demand from AI and cryptocurrency data AI chipmaker Nvidia climbed 2.25% and fueled gains in the S&P 500 and edged up 0.14% ahead of its quarterly report due after the closing bell. Investors will focus on the electric vehicle maker's analyst conference call. They have braced for Tesla to report a steep drop in revenue related to mounting competition, a lack of new car models and a consumer backlash against CEO Elon Musk."What you will hear is an awful lot of discussion about the future and a broad acknowledgement that this was a terrible quarter," said Michael Green, chief strategist at Simplify Asset Management in dipped 0.58%, with the Google parent also set to report results after the close of S&P 500 climbed 0.78% to end the session at 6,358.91 Nasdaq gained 0.61% to 21,020.02 points, while the Dow Jones Industrial Average rose 1.14% to 45,010.29 points, just short of its December 4 record high on U.S. exchanges was relatively heavy, with 19.1 billion shares traded, compared to an average of 17.7 billion shares over the previous 20 Street's "fear gauge", the CBOE Volatility Index , dipped to its lowest level in over five on average expect S&P 500 companies to report a 7.5% increase in earnings for the second quarter, according to LSEG I/B/E/S. Microsoft, Nvidia and other technology heavyweights that have seen their valuations soar due to their leadership in AI are expected to drive much of that quarterly earnings equipment maker Thermo Fisher surged over 9% after beating Wall Street's estimates for second-quarter profit and revenue. Texas Instruments tumbled 13% after its quarterly profit forecast pointed to weaker-than-expected demand for its analog chips and underscored tariff-related Instruments' report weighed on other analog chipmakers, with NXP Semiconductors, Analog Devices and ON Semiconductor losing between 1% and 4.6%.In economic data, U.S. existing home sales fell more than expected in June. Focus now shifts to Thursday's weekly jobless claims numbers and S&P Global's flash PMI data to gauge economic health in the wake of tariff a mixed set of economic data last week, traders have ruled out an interest rate cut by the Federal Reserve next week. Odds for a September reduction stand at about 58%, according to the CME FedWatch issues outnumbered falling ones within the S&P 500 by a 2.1-to-one S&P 500 posted 50 new highs and 2 new lows; the Nasdaq recorded 96 new highs and 20 new lows.
Time of India
18 minutes ago
- Time of India
Columbia University to pay $200 mn fine in fight with Trump
Academy Empower your mind, elevate your skills The prestigious Columbia University said Wednesday it will pay a $200 million fine to the US government after President Donald Trump threatened to pull federal funding over what he said was its unwillingness to protect Jewish a sweeping deal that will restore the New York institution's federal monies, Columbia has pledged to obey rules that bar it from taking race into consideration in admissions or hiring."Columbia University has reached an agreement with the United States government to resolve multiple federal agency investigations into alleged violations of federal anti-discrimination laws," a statement said, adding the $200 million would be paid over three university will also pay $21 million to settle investigations brought by the US Equal Employment Opportunity Commission, it said."Under today's agreement, a vast majority of the federal grants which were terminated or paused in March 2025-will be reinstated and Columbia's access to billions of dollars in current and future grants will be restored," the statement promise of the federal funding spigot reopening offers relief to the university, which was under growing financial pressure, despite a comfortable endowment that offered some agreement undoubtedly represents a victory for Trump, who has repeatedly claimed elite universities brainwash students against his nationalist ideas with left-wing centuries-old Harvard University in Cambridge, Massachusetts, is also in a fight with the administration over Trump's threats to rip away federal funding, and Wednesday's carefully worded agreement -- in which Columbia admitted no wrongdoing -- could offer a framework for future deals."This agreement marks an important step forward after a period of sustained federal scrutiny and institutional uncertainty," Columbia's acting president Claire Shipman said."The settlement was carefully crafted to protect the values that define us and allow our essential research partnership with the federal government to get back on track."Importantly, it safeguards our independence, a critical condition for academic excellence and scholarly exploration, work that is vital to the public interest."The New York Post reported, under the settlement, Columbia will maintain a security force to prevent demonstrations in academic spaces, such as those that rocked the campus last year when pro-Palestinian protestors clashed with law enforcement, occupying university paper said there will also be stricter vetting for non-US students, with information gained during this process to be shared with the government, while disciplinary action taken against students on visas would be reported to found itself at the center of a firestorm last year over claims of anti-Semitism triggered by campus protests against Israel's war in Jewish students claimed they were intimidated and that authorities did not act to protect protests that roiled Columbia and other US schools culminated in members of Trump's Republican party grilling higher education leaders before Congress about anti-Semitism former president Minouche Shafik resigned last August just weeks before the start of the new school year, citing scrutiny she faced over her handling of the demonstrations.
