As of July 22, 2025, gold prices continue to surge globally, trading at a five-week high as investors seek safe-haven assets amid economic uncertainties and inflationary pressures. In India, both 22-karat and 24-karat gold rates have seen sharp daily increases, following international trends and fluctuations in currency exchange rates.
Gold remains one of the most preferred investment avenues in India and worldwide, acting as a hedge against economic volatility. Import duties, GST, and state-level taxes influence gold prices regionally in India, while global prices are driven by central bank policies, inflation data, and geopolitical concerns.
Gold Rate in India Today (Per Gram) – City-wise Prices
| City | 22K Gold (₹/gram) | 24K Gold (₹/gram) |
|---|---|---|
| Delhi | ₹9,300 | ₹10,144 |
| Mumbai | ₹9,285 | ₹10,129 |
| Chennai | ₹9,285 | ₹10,129 |
| Kolkata | ₹9,285 | ₹10,129 |
| Ahmedabad | ₹9,290 | ₹10,134 |
| Lucknow | ₹9,300 | ₹10,144 |
Gold Rate in Global Markets (Per Gram) – Prices Converted to Indian Rupees
| Country | 24K Gold (₹/gram) | 22K Gold (₹/gram) | 18K Gold (₹/gram) |
|---|---|---|---|
| United States 🇺🇸 | ₹9,289 (≈$111.50) | ₹8,786 (≈$105.50) | ₹7,188 (≈$86.30) |
| Canada 🇨🇦 | ₹9,290 (≈CAD 152.75) | ₹8,810 (≈CAD 144.75) | ₹7,204 (≈CAD 118.40) |
| UK (England) 🇬🇧 | ₹8,651 (≈£80.95) | ₹7,931 (≈£74.20) | ₹6,488 (≈£60.70) |
| UAE (Dubai) 🇦🇪 | ₹9,226 (≈AED 408.75) | ₹8,547 (≈AED 378.50) | ₹6,993 (≈AED 309.70) |
Note: International prices are approximate INR conversions using prevailing forex rates.
Spot and Futures Market Highlights
- Spot gold price stands at $3,386.92/oz, near a five-week high.
- US gold futures are trading at $3,406.40/oz, up 1.4% from the previous session.
Why Are Gold Prices Rising?
- Geopolitical tensions and recession concerns in the West
- Weakening global currencies versus the US dollar
- Strong investment demand in both physical and digital gold markets
- Increased central bank buying of gold reserves
Should You Buy Gold Now?
Experts suggest that gold remains a strong long-term investment amid volatile equity markets and inflation. However, as prices have reached multi-week highs, some caution may be warranted for short-term traders.
