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
Mint
22 minutes ago
- Mint
Copper Rises to Start Pivotal Week Ahead of US Tariffs Deadline
Copper rose to kick off a critical week that includes a Federal Reserve meeting, a swathe of key economic data and the prospect of final details on imminent US tariffs on the industrial metal. The metal rose with other risk assets after the European Union and the US reached a deal that avoids a more catastrophic rupture between two major economies. The agreement comes ahead of a US-China meeting in Stockholm that's expected to extend a trade truce for 90 more days. Further important developments lie ahead this week. The Fed isn't expect to cut rates at the conclusion of its policy meeting on Wednesday, but its commentary will be scrutinized for clues on what comes next. There's also a deluge of US data from the latest on economic growth to jobs. But for copper, the most anticipated development should be the launch of US tariffs, the details of which are still unclear just days ahead of their start date. President Donald Trump's administration has said 50% levies on copper imports will start from this Friday, but hasn't so far confirmed important aspects of the duties. It's not clear which products will be covered, whether supplies from all nations will be hit equally, or how metal already on its way to US shores will be treated. Global traders have shipped massive amounts of copper to America to get ahead of tariffs, and Trump's announcement of an Aug. 1 deadline earlier this month triggered a last-minute scramble. Prices in the US are now much higher than those on the London Metal Exchange, but they don't fully reflect a 50% universal tariff rate on all exchange-traded copper. The premium now stands at about 31%. Copper rose 0.4% to $9,804 a ton on the LME as of 9:22 a.m. in London. Aluminum dropped 0.3% while zinc fell 0.7% and nickel was down 0.9% This article was generated from an automated news agency feed without modifications to text.
Deccan Herald
22 minutes ago
- Deccan Herald
Europe Inc swerves Trump trade war 'hurricane' but laments higher tariffs
Although the deal is better than the 30% rate threatened by Trump and will bring clarity for European makers of cars, planes and chemicals, the 15% baseline tariff is well above initial hopes of a zero-for-zero agreement.
Mint
22 minutes ago
- Mint
Oil steadies as investors assess US-EU deal
LONDON (Reuters) -Oil prices edged higher on Monday as investors assessed a trade deal between the United States and the European Union, while a stronger US dollar and lower oil imports by India weighed on prices. Brent crude futures were up 30 cents, or 0.4%, to $68.74 a barrel by 0813 GMT, while U.S. West Texas Intermediate crude stood at $65.43 a barrel, up 27 cents, or 0.4%. The U.S.-European Union trade deal and a possible extension in the U.S.-China tariff pause are supporting global financial markets and oil prices, IG markets analyst Tony Sycamore said. Sunday's U.S.-EU framework trade pact sets an import tariff of 15% on most EU goods, while U.S. President Trump said the deal calls for $750 billion of EU purchases of U.S. energy in coming years. Senior U.S. and Chinese officials will meet in Stockholm on Monday, aiming to extend a tariff truce before an August 12 deadline. Oil pared most of its gains on Monday after Brent futures rose above $69 a barrel earlier in the day. Oil retreated from those levels as focus shifted to a stronger US dollar and lower oil imports by India, following the removal of another uncertainty with the US-EU deal, PVM analyst Tamas Varga said. On the supply side, an OPEC panel is unlikely to alter existing plans to raise oil output when it meets on Monday, four OPEC delegates told Reuters on July 25. ING expects OPEC will at least complete the full return of 2.2 million barrels per day of the additional voluntary supply cuts by the end of September. Also on the supply side, Venezuela's state-run oil company PDVSA is readying to resume work, once Trump reinstates authorisations for its partners to operate and export oil under swaps, company sources said. In the Middle East, Yemen's Houthis said on Sunday they would target ships of companies that do business with Israeli ports, regardless of nationality, in what they called a fourth phase of military operations against Israel over the Gaza conflict. (Reporting by Enes Tunagur in London, Florence Tan in Singapore and Sam Li in Beijing; Editing by Clarence Fernandez, Jacqueline Wong and Giles Elgood)
