Gold Price Today, July 10: Yellow Metal Rises On MCX | Check Rates In Your City

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Last Updated:July 10, 2025, 09:42 IST

Gold Price Today, July 10: In Mumbai, the price of gold stands at Rs 89,990 per 10 grams for 22-carat and Rs 98,170 per 10 grams for 24-carat.

Gold Rate Today, July 10.

Gold Prices In India Today, July 10: Gold prices in India on Thursday appreciated, helped by a slight retreat in the dollar and bond yields, while investors kept a close tab on trade negotiations as US President Donald Trump broadened his tariff war. In Mumbai, the price of gold stood at Rs 89,990 per 10 grams for 22-carat and Rs 98,170 per 10 grams for 24-carat.

The silver price stood at Rs 1,09,900 per kg in Mumbai.

In the futures market on the MCX, gold futures (expiring on August 5, 2025) were trading marginally higher by 0.05% at Rs 96,510 per 10 gram, while silver (expiring on September 5, 2025) rose by 0.17% to trade at Rs 1,07,450 per kg.

Rahul Kalantri, vice-president of Mehta Equities, said, “Gold and silver shows very high price volatility and extended its fall in the early trading session but prices off day’s low as there is no new surprise in the Fed meeting minutes. The U.S. Fed said that the current labour market is solid and need more clarity on the inflation and economic activity front. The US dollar index slipped to about 97.3 on Thursday, extending its losing streak as investors shifted toward riskier assets amid a broad surge in stocks and commodities. Treasury yields dropped sharply following robust demand for 10-year notes, further pressuring the greenback.”

What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities?

City 22K Gold (per 10gm) 24K Gold (per 10gm)
Delhi Rs 90,140 Rs 98,320
Jaipur Rs 90,140 Rs 98,320
Ahmedabad Rs 90,040 Rs 98,220
Patna Rs 90,040 Rs 98,220
Mumbai Rs 89,990 Rs 98,170
Hyderabad Rs 89,990 Rs 98,170
Chennai Rs 89,990 Rs 98,170
Bengaluru Rs 89,990 Rs 98,170
Kolkata Rs 89,990 Rs 98,170

In the international market, spot gold rose 0.3% to $3,322.46 per ounce by 0157 GMT. U.S. gold futures were up 0.3% at $3,331.

Trump launched his global tariff assault into overdrive on Wednesday, announcing a new 50% tariff on US copper imports and a 50% duty on goods from Brazil, both to start on August 1.

The US President also issued tariff notices for seven minor trading partners on Thursday, adding to 14 others issued earlier in the week, including South Korea and Japan, with 25% levies set to take effect on August 1 unless agreements are reached.

Meanwhile, Trump said trade talks have been going well with China and the European Union, which is the biggest bilateral trading partner of the U.S.

What Factors Affect Gold Prices In India?

International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.

In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.

With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.

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Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More

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