Gold Price Update: Weekly Drop of ₹110 in Gold Rates; Check Latest Rates in 10 Major Indian Cities

Gold prices in India have witnessed a modest decline this week, offering slight relief to buyers. According to the latest market data, the price of 24-carat gold has dropped by ₹110 per 10 grams over the past seven days. Similarly, the 22-carat variant has become ₹100 cheaper. The latest figures reveal how gold rates vary across major cities like Delhi, Mumbai, Chennai, Hyderabad, and more.

Gold Gets Cheaper by ₹110 This Week

Gold prices in India are influenced by both global trends and domestic demand. Over the last week, 24-carat gold has become ₹110 cheaper, while 22-carat gold has slipped by ₹100 per 10 grams. This minor dip in rates could be an opportunity for consumers looking to invest or purchase gold jewellery.

In Delhi, the price for 24-carat gold now stands at ₹100,080 per 10 grams, while 22-carat gold is being sold at ₹91,750 per 10 grams. This decline is being seen across multiple cities, though rates vary slightly based on local market conditions.

City-Wise Gold Rates as of July 27, 2025

Here’s a detailed breakdown of gold prices (per 10 grams) in 10 major Indian cities:

City 22-Carat (₹) 24-Carat (₹)

Delhi	91,750	1,00,080
Mumbai	91,600	99,930
Chennai	91,600	99,930
Kolkata	91,600	99,930
Hyderabad	91,600	99,930
Ahmedabad	91,650	99,980
Bhopal	91,650	99,980
Jaipur	91,750	1,00,080
Lucknow	91,750	1,00,080
Chandigarh	91,750	1,00,080

The gold rates are usually higher in northern cities like Delhi, Jaipur, and Chandigarh compared to southern cities, where taxes and logistics may influence the cost differently.

What’s Driving the Price Movement?

Gold prices are shaped by multiple domestic and international factors such as:

• Global economic outlook

• US dollar movement

• Inflation and interest rate trends

• Geopolitical tensions

• Demand during festive and wedding seasons

Experts suggest that even minor corrections like this week’s ₹110 drop can signal larger upcoming trends. It’s advisable to monitor prices regularly if you're planning an investment or purchase.

Silver Prices Remain Stable Despite Volatility

Unlike gold, silver prices have remained relatively stable over the week. As of July 27, silver is trading at ₹1,16,000 per kilogram on a national average. However, regional markets show variation. For instance, in Indore’s Sarafa Bazaar, silver saw a jump of ₹1,200 on July 26, reaching ₹1,14,500 per kilogram.

Conclusion: Should You Buy Gold Now?

With gold becoming marginally cheaper, this may be a suitable time for cautious buyers to make small investments. However, considering the dynamic nature of precious metal prices, it’s wise to keep an eye on global economic cues and local demand.

Stay tuned to regular updates if you're looking to purchase gold for investment, wedding jewellery, or festivals like Raksha Bandhan and Diwali approaching in the coming months.