Gold Today Rate, 10 July: Check 18, 22 and 24 carat gold prices Chennai, Mumbai, Delhi, Kolkata and other cities
Gold continues to captivate Indian households, whether for investment, jewelry, or cultural occasions. With the global economic environment constantly shifting and the domestic demand for gold remaining high, keeping track of daily gold rates is essential. On July 10, 2025, gold prices remained relatively steady, with only minor fluctuations across the country’s major cities. This article brings you the updated 18K, 22K, and 24K gold rates in cities such as Chennai, Mumbai, Delhi, Kolkata, and others.
📌 Gold Prices on July 10, 2025: National Overview
As of Thursday, July 10, gold prices across India hovered near their recent highs due to global economic uncertainties and sustained domestic demand. The average rate for 24-carat gold stands around ₹9,817 per gram, while 22-carat gold trades at about ₹8,999 per gram. The 18-carat segment, often preferred for lightweight and casual jewelry, is available at approximately ₹7,363 per gram.
The marginal changes compared to the previous day reflect cautious sentiment in the market as traders await fresh economic indicators from global markets.
🏙️ City-wise Gold Rates for 18K, 22K, and 24K (Per Gram)
Below is a detailed city-wise breakdown of the gold prices as of July 10, 2025:
| City | 24 Carat (₹/g) | 22 Carat (₹/g) | 18 Carat (₹/g) |
|---|---|---|---|
| Delhi | ₹9,832 | ₹9,014 | ₹7,375 |
| Mumbai | ₹9,819.7 | ₹9,001.1 | ₹7,361 (est.) |
| Chennai | ₹9,819.1 | ₹9,011 | ₹7,370 (est.) |
| Kolkata | ₹9,819.5 | ₹9,001.5 | ₹7,362 (est.) |
| Bengaluru | ₹9,818.5 | ₹9,000.5 | ₹7,360 (est.) |
| Hyderabad | ₹9,818 | ₹9,000 | ₹7,358 (est.) |
| Ahmedabad | ₹9,820 | ₹9,002 | ₹7,362 (est.) |
Note: 18K prices are estimated based on standard formula and may vary slightly among jewellers.
💹 Gold Rate Trends and Market Sentiment
Gold has been trading in a narrow range this week, mirroring global market cues. A mild uptick in MCX (Multi Commodity Exchange) gold futures was observed with August contracts rising by 0.12% to ₹96,580 per 10 grams. The market appears cautiously optimistic as it digests signals from the US Federal Reserve and tracks the dollar index’s weakness.
On the global front, the price of gold remained around $2,360 per ounce, underpinned by safe-haven demand amid ongoing geopolitical tension and expectations of interest rate adjustments in the U.S. and Europe.
🔍 Factors Influencing Today’s Gold Rates
Several key elements are impacting today’s gold prices:
- International Gold Prices: Indian gold prices are heavily influenced by global spot and futures markets.
- USD to INR Exchange Rate: A weaker rupee often results in higher domestic gold prices.
- Monsoon Forecasts: In rural India, agricultural prosperity fuels gold purchases. A good monsoon generally boosts demand.
- Central Bank Policies: The Reserve Bank of India’s gold reserves strategy and global interest rate changes are also key.
- Jewellery Demand: With wedding season activity in some regions, jewellery demand remains steady.
🛍️ Jewellers’ Perspective: Demand Outlook in Urban India
Major jewellers in metro cities reported a slight pick-up in customer footfall with buyers showing increased interest in both investment-grade coins and bridal jewellery. According to a Mumbai-based jeweller, “The price stability this week is encouraging hesitant buyers to return. We expect a further push if prices remain below ₹98,000 per 10 grams.”
Additionally, online platforms and e-gold investment tools are seeing moderate traction, especially among young investors who view gold as a hedge against inflation.
💡 Tips for Gold Buyers Today
If you’re planning to buy gold on July 10, keep the following pointers in mind:
- Check for Hallmark: Ensure your gold purchase is BIS hallmarked, indicating purity and quality.
- Understand Making Charges: Different jewellers levy different making charges, which can affect the final price.
- Compare Prices: Rates can vary between cities and even between shops. Compare before purchasing.
- Consider Digital Gold: For investment purposes, explore digital gold or sovereign gold bonds for better liquidity.
- Watch GST: Prices often exclude GST, so factor in an additional 3% on the invoice value.
📈 Should You Buy or Wait? Market Forecast Ahead
According to recent market analyses, while gold has held steady, there’s speculation of a short-term dip toward ₹94,000 per 10 grams due to profit booking. However, long-term investors may find current levels attractive, especially considering the uncertain global financial outlook.
If you’re planning for a festive or wedding season purchase, buying on a dip could be more beneficial. That said, timing the gold market perfectly is challenging—so investing in staggered tranches may be a smart approach.
📝 Conclusion
Gold prices on July 10, 2025, reflect a stable yet watchful bullion market. With 24K gold around ₹9,817/g and 22K near ₹9,000/g, most Indian cities are showing near-uniform pricing trends. Whether you’re investing for the future or preparing for an upcoming celebration, today’s market offers a relatively safe entry point.
Stay informed, buy smart, and always verify purity—because in India, gold isn’t just a metal; it’s tradition, trust, and a timeless treasure.
