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Gold and Silver Prices in India Today: Check Rates in Your City on July 2, 2025

Written by: Aayushi ChaubeyUpdated on: 2 Jul 2025, 3:29 pm IST
On Wednesday, July 2, 2025, gold and silver prices in India witnessed a slight decline. Check city-wise variations and recent price trends here.
Gold and Silver Prices in India Today: Check Rates in Your City on July 2, 2025
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Gold and silver prices in India are shaped by global economic trends, currency fluctuations, demand levels, and interest rates. A weaker rupee or rising global demand typically pushes prices up. Silver, influenced by industrial demand and international cues, often mirrors gold's movement. Here's a quick look at today’s gold and silver rates, including purity-wise and city-wise breakdowns.

Current Market Rates

Today, 10 grams of Silver 999 is priced at ₹1,063. Gold prices are as follows:

  • 24 Karat: ₹97,470 per 10 grams
  • 22 Karat: ₹89,358 per 10 grams
  • 20 Karat: ₹81,225 per 10 grams
  • 18 Karat: ₹73,103 per 10 grams

Compared to the previous day, 24K gold has dipped by ₹110 (-0.11%). Silver is trading at ₹106,330 per kilogram, marking a drop of ₹400 (-0.37%).

City-Wise Gold and Silver Prices

Due to local taxes and varying demand, gold and silver rates can differ slightly across cities. Below are today’s rates in major Indian cities:

Silver Prices (per 10 grams):

CityPrice (₹)
Bangalore1,066.2
Chennai1,068.5
Delhi1,063.5
Hyderabad1,067.1
Kolkata1,064
Mumbai1,065.4

Gold Prices (per 10 grams):

City18K (₹)22K (₹)24K (₹)
Bangalore73,11089,35797,480
Chennai73,26089,54097,680
Hyderabad73,16389,42197,550
Kolkata72,95389,16497,270
Mumbai73,05089,28397,400

Overview of Gold and Silver Price Trends

Gold and silver prices have seen modest fluctuations over the past week:

         Gold (24K):

  • July 1, 2025: ₹97,580
  • June 25, 2025: ₹97,630
  • June 2, 2025: ₹98,010
  • July 2, 2024: ₹71,790

    Silver (999):

  • July 1, 2025: ₹106,730
  • June 25, 2025: ₹106,630
  • June 2, 2025: ₹101,300
  • July 2, 2024: ₹89,990

Despite recent dips, gold has surged over 35% in the past year, while silver has appreciated by nearly 18%, underscoring their continued strength as investment assets.

Read more: Best Gold ETFs in India for July 2025: SBI Gold ETF, Kotak Gold ETF, and More Based on 5Y CAGR.

Conclusion

Today’s marginal drop in gold and silver prices reflects a short-term market correction. However, the strong year-on-year growth signals the metals' enduring value and resilience in investment portfolios. Investors are advised to keep a close eye on market trends before making decisions.

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.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Published on: Jul 2, 2025, 9:57 AM IST

Aayushi Chaubey

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