On July 26, 2026, gold and silver prices in India largely maintained their stability, a trend primarily influenced by a noticeable weakness in international bullion markets. Despite this stability, minor fluctuations were observed in futures trading.
MCX Futures See Marginal Dip
On the Multi Commodity Exchange (MCX), gold futures experienced a slight downturn, dropping by approximately 0.36% to settle at ₹1,42,300 per 10 grams. Similarly, silver futures also registered a marginal decline of about 0.36%, bringing the price to ₹2,18,580 per kilogram.
Market participants are closely monitoring global economic data, expectations regarding US interest rate adjustments, and currency movements, as these factors continue to provide direction for precious metal prices.
Retail Gold Rates Across Key Indian Cities
Retail prices for gold showed slight regional variations, influenced by brand-specific pricing, procurement costs, and local market conditions. However, the overarching trends in bullion continue to guide prices.
- 24-Karat Gold (per 10 grams):
- Delhi, Bengaluru, Chennai: ₹1,44,470
- Mumbai, Kolkata, Hyderabad: ₹1,44,320
- 22-Karat Gold (per 10 grams):
- Delhi, Bengaluru, Chennai: ₹1,32,440
- Mumbai, Kolkata, Hyderabad: ₹1,32,290
While 24-karat gold is recognized for its purity, 22-karat gold is widely preferred for crafting jewellery due to the enhanced strength and durability provided by alloyed metals.
Silver Prices Remain Consistent
Silver rates displayed consistency across major Indian cities on July 26, 2026.
- Silver (per 10 grams): ₹24,000 across Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad, Chennai.
- Silver (per kilogram): ₹2,40,000 across Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad, Chennai.
Leading Jeweller Rates (July 17, 2026)
Prices at prominent jewellery retailers also saw slight movements on July 17, 2026. Joyalukkas and Malabar Gold & Diamonds both quoted 22K gold at ₹13,430 per gram across various states. Tanishq's 22K gold rate stood at ₹13,445 per gram.
For 24-carat gold, Malabar's rate was ₹14,651 per gram, while Tanishq's corresponding rate was ₹14,667 per gram.