Precious metal markets in India opened lower on July 24, 2026, with both gold and silver futures registering a marginal dip. This movement comes as market participants closely monitor global economic indicators and currency shifts.
MCX Futures See Slight Dip
On the Multi Commodity Exchange (MCX), gold futures saw a decrease of approximately 0.36%, trading at ₹1,42,300 per 10 grams. Similarly, silver futures also dropped by about 0.36%, settling at ₹2,18,580 per kilogram.
Factors Influencing Precious Metal Prices
The trajectory of gold and silver prices continues to be shaped by several key factors. Investors and traders are closely tracking global economic data releases, expectations regarding US interest rate policies, and fluctuations in currency markets. Weakness in international bullion markets also exerted downward pressure on domestic rates on July 23, contributing to the current trends.
Retail Gold Rates Across India (July 24, 2026)
Here are the latest retail gold prices for 24-karat and 22-karat purity across major Indian cities today:
- Delhi: 24K Gold at ₹1,46,320 per 10gm | 22K Gold at ₹1,34,140 per 10gm
- Mumbai: 24K Gold at ₹1,46,170 per 10gm | 22K Gold at ₹1,33,990 per 10gm
- Bengaluru: 24K Gold at ₹1,46,170 per 10gm | 22K Gold at ₹1,33,990 per 10gm
- Kolkata: 24K Gold at ₹1,46,170 per 10gm | 22K Gold at ₹1,33,990 per 10gm
- Hyderabad: 24K Gold at ₹1,46,170 per 10gm | 22K Gold at ₹1,33,990 per 10gm
- Chennai: 24K Gold at ₹1,47,290 per 10gm | 22K Gold at ₹1,35,010 per 10gm
Retail Silver Prices in Major Cities (July 24, 2026)
Check the latest silver rates per 10 grams and per kilogram:
- Delhi: Silver at ₹2,399 per 10gm | ₹2,39,900 per kg
- Mumbai: Silver at ₹2,399 per 10gm | ₹2,39,900 per kg
- Bengaluru: Silver at ₹2,399 per 10gm | ₹2,39,900 per kg
- Kolkata: Silver at ₹2,399 per 10gm | ₹2,39,900 per kg
- Hyderabad: Silver at ₹2,449 per 10gm | ₹2,44,900 per kg
- Chennai: Silver at ₹2,449 per 10gm | ₹2,44,900 per kg
Jeweller Gold Rates (July 17, 2026)
It's important to note that the following rates from leading jewellery retailers were recorded on July 17, 2026, and may differ from today's spot prices due to brand-specific pricing policies and regional market conditions.
- Joyalukkas: 22K at ₹13,430 per gram
- Malabar Gold & Diamonds: 22K at ₹13,430 per gram | 24K at ₹14,651 per gram
- Tanishq: 22K at ₹13,445 per gram | 24K at ₹14,667 per gram
Joyalukkas 22K Gold Rate by State (July 17, 2026)
- Andhra Pradesh: ₹13,400 per gram
- Delhi: ₹13,400 per gram
- Gujarat: ₹13,400 per gram
- Karnataka: ₹13,400 per gram
- Kerala: ₹13,400 per gram
- Maharashtra: ₹13,400 per gram
- Odisha: ₹13,400 per gram
- Punjab: ₹13,400 per gram
- Tamil Nadu: ₹13,400 per gram