Gold and Silver Rates Today:On 28 July 2025 the Indian gold market remains at or near record levels with drop of just ₹1 per gram. Twenty-two carats costs ₹9,174 per gram, while twenty-four carats is ₹10,007 per gram. This minor drop comes after several days of steady gains in the range of 0.16% over the month, underscoring the continued strength in demand and gold’s safe-haven appeal amid global uncertainty.
Despite today’s marginal fall, overall gold prices are still elevated the MCX August futures touched ₹100,555 per 10g on 26 July, reflecting global trends driven by currency moves, geopolitical unrest, and investment flows into India and China.
Gold Rates Today: In Major Cites (per gram)
- Chennai: ₹9,992
- Mumbai: ₹9,992
- Delhi: ₹10,007
- Kolkata: ₹9,992
- Bangalore: ₹9,992
- Hyderabad: ₹9,992
- Kerala: ₹9,992
- Pune: ₹9,992
- Vadodara: ₹9,997
- Ahmedabad: ₹9,997
Silver Rates Today
Silver prices also eased slightly to ₹115.90 per gram and ₹1,15,900 per kg, down ₹0.10 per gram from the previous day. The metal has shown a mild retrenchment after peaking at ₹119,000/kg earlier in the week. The correction about ₹100 per kg is considered routine after a brief rally, given silver’s sensitivity to global economic signals and industrial demand.
Silver Rates Today: In Mjor Cities (per kilogram)
- Chennai: ₹1,25,900
- Mumbai: ₹1,15,900
- Delhi: ₹1,15,900
- Kolkata: ₹1,15,900
- Bangalore: ₹1,15,900
- Hyderabad: ₹1,25,900
- Kerala: ₹1,25,900
- Pune: ₹1,15,900
- Vadodara: ₹1,15,900
- Ahmedabad: ₹1,15,900
Gold and Silver Rates Today: July Highlights
July 2025 saw a steady gold uptrend from ₹9,015/kg on 9 July to ₹10,019/g in 24K on 19–20 July a rise of close to 0.16%. Silver reflected similar volatility: futures week-high at ₹119,000/kg before easing to around ₹1,15,900/kg today, up ~5.4% from ₹1,10,000/kg at the start of the month. These gains underscore precious metals’ role as inflation hedges during uncertain macroeconomic phases.
Key Factors for High Prices
Gold’s recent surge in prices comes from:
1. Safe-haven demand and increasing future on global markets and worldwide cues.
2. The INR’s slight decline against the USD usually raises Indian gold costs.
3. Though modest daily adjustments are made, demand for Festival and wedding season continues to be high throughout August–September.
4. Though more volatile, silver follows suit; tied to industrial use and investor sentiment, it is renowned for sharper intra-week corrections.
Gold and Silver Rates Today: Buyer and Investor Quick Tips
Today’s slight decline could provide a somewhat better entry point if you’re buying silver or gold for marriage or investment reasons.
Because of industrial sensitivity, silver might keep on to oscillate; gold is safer prices confront downwards resistance.
Keep current on city-specific charges as this aids if you are buying locally given variation in local taxes and transportation fees.
Even if the program is put on hold in 2024, Sovereign Gold Bonds (SGBs) are still an appealing, tax-efficient option for long-term investors with fixed interest.
