Gold Price Today: Yellow Metal Jumps Over Rs 1100; Check City-Wise Rates On July 22
Last Updated:July 22, 2025, 10:09 IST
Gold prices in India rose by Rs 1,140 per 10 grams for 24-carat, reaching Rs 1,01,290 in Mumbai. Silver increased by Rs 200 per kg.
According to the World Gold Council, a rising US dollar and Treasury yields are expected to negatively impact gold prices. (Representative)
Gold, Silver Prices In India Today, July 22: Gold price appreciated on Tuesday by Rs 1,140 to reclaim Rs 1 lakh-mark per 10 gram for 24-carat. Silver also witnessed a sharp rise to gain Rs 200 in the morning session.
In Mumbai, gold was trading at Rs 1,01,290 per 10 gram for 24-carat and Rs 92,850 per 10 gram for 22-carat.
Silver, on the other hand, was trading at Rs 1,18,000 per kg.
The precious metals are being boosted by a solidly lower U.S. dollar index and a decline in U.S. Treasury yields. The U.S. trade tariff uncertainty is supported safe-haven buying for precious metals once again, explained Rahul Kalantri, VP Commodities, Mehta Equities.
He added that “in India, the rupee came under pressure following NATO’s warning of secondary sanctions on Russian oil imports—lending additional support to gold and silver in local markets.”
However, in the futures market on the MCX, gold futures (expiring on August 5, 2025) were trading marginally lower by 0.10% at Rs 99,224 per 10 gram, whereas silver (expiring on September 5, 2025) declined by 0.49% to trade at Rs 1,14,481 per kg.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On July 22?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 93,000 | Rs 1,01,440 |
| Jaipur | Rs 93,000 | Rs 1,01,440 |
| Ahmedabad | Rs 92,900 | Rs 1,01,340 |
| Patna | Rs 92,900 | Rs 1,01,340 |
| Mumbai | Rs 92,850 | Rs 1,01,290 |
| Hyderabad | Rs 92,850 | Rs 1,01,290 |
| Chennai | Rs 92,850 | Rs 1,01,290 |
| Bengaluru | Rs 92,850 | Rs 1,01,290 |
| Kolkata | Rs 92,850 | Rs 1,01,290 |
International Gold Prices
Investors are eyeing developments in trade negotiations ahead of U.S. President Donald Trump’s August 1 deadline, as U.S. Commerce Secretary Howard Lutnick remains optimistic about reaching a deal with the European Union.
Trump might visit China before going to the Asia-Pacific Economic Cooperation summit between October 30 and November 1, or he could meet Chinese leader Xi Jinping on the sidelines of the APEC event in South Korea, reports said.
At its meeting later this week, the European Central Bank is expected to hold interest rates steady at 2.0% following a string of cuts.
Last week, Federal Reserve Governor Christopher Waller said he still believes that the U.S. central bank should cut rates at its policy meeting next week.
Gold, often considered a safe-haven asset during economic uncertainties, tends to do well in a low interest rate environment.
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.
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
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