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Gold and Silver Prices Drop in India Today: Check Rates in Your City on July 31, 2025

Written by: Neha DubeyUpdated on: 31 Jul 2025, 3:12 pm IST
Gold prices saw a mild decline across major Indian cities on July 31, 2025, following a dip in global rates. Silver also fell sharply, down by ₹1,530/kg in several markets.
Gold and Silver Prices Drop in India Today: Check Rates in Your City on July 31, 2025
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Gold prices eased slightly across India on July 31, 2025, in line with weakness in the global market. Spot gold fell 0.15% to $3,295.05, reflecting profit booking and cautious sentiment among investors. Domestically, both 24-carat and 22-carat gold posted marginal losses across cities including Chennai, New Delhi, Mumbai, and Hyderabad.

Silver prices dropped more sharply, with rates falling by up to ₹1,530 per kilogram. Despite the decline, Chennai remained the costliest city for silver at ₹111,810/kg, while New Delhi reported the lowest among major metros.

Let’s take a look at the latest gold and silver rates across top Indian cities as of July 31, 2025.

Gold Prices Across Major Indian Cities on July 31, 2025

City24 Carat Gold (per 10gm in ₹)22 Carat Gold (per 10gm in ₹)
Chennai₹98,890₹90,649
New Delhi₹98,430₹90,228
Mumbai₹98,600₹90,383
Kolkata₹98,470₹90,264
Bangalore₹98,680₹90,457
Hyderabad₹98,760₹90,530

Silver Prices Across Major Indian Cities on July 31, 2025

CitySilver Rate (₹/Kg)
Chennai₹111,810
New Delhi₹111,290
Mumbai₹111,480
Kolkata₹111,340
Bangalore₹111,570
Hyderabad₹111,660

Read More: Gold Loans Surge as Prices Rise: Borrowers Turn to Gold Amid New RBI Reforms.

Conclusion

On July 31, 2025, gold and silver prices in India mirrored international trends, showing mild corrections amid global market pressure. As macroeconomic factors and geopolitical signals continue to evolve, traders and investors should stay attentive to further shifts in precious metal prices.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Published on: Jul 31, 2025, 9:38 AM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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