Gold, Silver Rate Today July 12: Is gold getting costlier? Check 18, 22, 24 carat Gold prices in Chennai, Mumbai, Delhi, Kolkata

Gold prices dipped 1.47 per cent on a weekly basis as minutes from the Federal Reserve’s latest policy meeting reinforced expectations of higher-for-longer interest rates. Meanwhile, on Friday, MCX gold August futures were flat while MCX silver July futures inched up 0.01 per cent, according to the news agency IANS.

At the last close, gold futures stand at Rs 1,43,480, while silver futures at Rs 2,22,680 per kg. The price of 10 grams of 24-carat gold was at Rs 1,43,368 on Friday down from Rs 1,45,512 seen on Monday market opening, according to data published by the India Bullion and Jewellers Association (IBJA), as reported by IANS.

At present, Gold rates in New Delhi are Rs 14,448 (24K), Rs 13,245 (22K), and Rs 10,840 (18K) per gram. Gold rates in Mumbai are Rs 14,433 (24K), Rs 13,230 (22K), and Rs 10,825 (18K) per gram. Gold rates in Chennai are Rs 14,509(24K), Rs 13,300 (22K), and Rs 11,120 (18K) per gram. Gold rates in Kolkata are Rs 14,433 (24K), Rs 13,230 (22K), and Rs 10,825 (18K) per gram.

Are gold prices at an all-time high or low? What is the latest update?

For our readers’ reference, Gold pricing in India is determined by both global and local factors. The international price of gold, the U.S. Dollar’s strength, and local jewelry consumption, especially around holidays, all determine gold’s intrinsic value. Consequently, the buyer in India must contend with listings that vary based on broader economic factors and seasonal market factors.

As of July 12, the Gold rates in Chennai are Rs 14,509 (24K), Rs 13,300 (22K), and Rs 11,120 (18K). Gold rates in Mumbai are Rs 14,433(24K), Rs 13,230(22K), and Rs 10,825(18K). Gold rates in New Delhi are Rs 14,448(24K), Rs 13,245(22K), and Rs 10,840(18K). Gold rates in Kolkata are Rs 14,433 (24K), Rs 13,230 (22K), and Rs 10,825(18K).

Moreover, Gold rates in Bangalore are Rs 14,433(24K), Rs 13,230(22K), and Rs 10,825(18K). Gold rates in Hyderabad are Rs 14,433(24K), Rs 13,230(22K), and Rs 10,825(18K). Gold rates in Kerala are Rs 14,433(24K), Rs 13,230(22K), and Rs 10,825(18K).

Today 24 Carat Gold Rate Per Gram in India (INR)

Indian Major Cities Gold Rates Today (1 gram)

What are the silver rates alongside gold for July 12?

Currently, the price of silver in India is Rs 235 per gram and Rs 2,35,000 per kilogram. Although it is often less expensive than gold, silver is still a common choice for investors and jewelry buyers, especially in countries that buy more silver ornaments than gold. The price of silver also depends on the global market, as the demand for silver for industrial use and manufacturing also plays a large part in price fluctuations.

Today’s Silver Rate Per Gram in India (INR)

Indian Major Cities Silver Rates Today