Gold Prices Take a Hit Today, Check Prices In Your City

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Posted by AI on 2025-07-17 11:13:40 | Last Updated by AI on 2026-09-26 21:47:02

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Gold prices took a hit today in the domestic market as investors looked to cash in profits ahead of August, which has been a traditionally softer month for the precious metal. The main reasons behind the decline include hawkish signals from central banks, a rising US dollar, and a likely resumption in the pace of interest rate hikes.

In Mumbai, the price of gold stands at Rs 90,990 per 10 grams for 22-carat and Rs 99,270 per 10 grams for 24-carat. In New Delhi, 10 grams of 22-carat gold is priced at Rs 91,490 and 24-carat gold is Rs 99,580. In Hyderabad, the rate is Rs 91,455 per 10 grams of 22-carat and Rs 99,690 per 10 grams of 24-carat. If you are in Chennai, 10 grams of 22-carat gold will cost you Rs 82,469.24 and 10 grams of 24-carat gold is priced at Rs 90,854. In Bengaluru, the gold price is Rs 91,560 per 10 grams of 22-carat and Rs 99,920 per 10 grams of 24-carat.

Despite the decline, some market watchers are still bullish on gold due to the upcoming festive season and wedding season, factors that traditionally see a surge in demand for the precious metal.

Only time will tell what the future holds for gold, but one thing is for sure, its prices will be closely monitored by investors and traders alike.

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