Gold Price Today, July 10: Gold prices fell on Friday, amid lower demand in the bullion market. In Mumbai, prices of 24K gold stood at Rs 1,44,820 per 10 grams, while that of 22K dropped to Rs 1,32,750.
MCX gold futures for August 2026 delivery traded at Rs 1,44,574 per 10 grams, falling 0.50%. Silver prices also declined, with MCX silver futures for September 2026 delivery trading at Rs 2,23,648 per kg, declining 1.21%.
What Is The Price Of 22kt, 24kt Gold Today In India Across Key Cities On July 10?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,32,900 | Rs 1,44,970 |
| Jaipur | Rs 1,32,900 | Rs 1,44,970 |
| Ahmedabad | Rs 1,32,800 | Rs 1,44,870 |
| Pune | Rs 1,32,750 | Rs 1,44,820 |
| Mumbai | Rs 1,32,750 | Rs 1,44,820 |
| Hyderabad | Rs 1,32,750 | Rs 1,44,820 |
| Chennai | Rs 1,32,750 | Rs 1,44,820 |
| Bengaluru | Rs 1,32,750 | Rs 1,44,820 |
| Kolkata | Rs 1,32,750 | Rs 1,44,820 |
In the international market, spot gold fell 0.1% to $4,115.79 per ounce by 0601 GMT and was headed for a 1.4% weekly decline. US gold futures for August delivery slipped 0.4% to $4,124.90.
Global gold edged lower on Friday and was on track for a weekly fall on concerns that escalating US-Iran tensions could fuel inflation and keep
the Federal Reserve on a hawkish monetary policy path.
Oil prices were on track for a weekly gain as the US and Iran continued to trade strikes, with Iranian armed forces launching attacks on US military infrastructure in Gulf states on Thursday following US strikes on Iran’s southern coastal and eastern provinces.
The latest round of strikes has fuelled inflation concerns and reinforced the probability of the Fed raising rates this year.
Markets are pricing in a 63% chance of a September rate hike, up from around 54% a week earlier, according to CME’s FedWatch tool.
While gold is typically seen as a hedge against inflation, it loses its appeal as a non-yielding asset in a high-interest-rate environment.






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