Gold prices across major Indian cities have continued to show a steady upward trend, reflecting the precious metal’s growing appeal as a secure investment amid global economic fluctuations. On Tuesday, July 8, 2025, both 22-karat and 24-karat gold rates remained elevated, influenced by international market dynamics and domestic taxation factors.
India, the second-largest consumer of gold after China, relies heavily on imports to meet its demand. With gold being traded globally in US dollars, fluctuations in the rupee-dollar exchange rate, coupled with domestic charges like GST and import duties, have a significant impact on daily retail prices across the country.
Gold Prices Today (Per Gram) – City-Wise Update
Below is a snapshot of today’s gold prices in 10 key Indian cities:
| City | 22K Gold (per gram) | 24K Gold (per gram) |
|---|---|---|
| Delhi | ₹9,075 | ₹9,899 |
| Mumbai | ₹9,060 | ₹9,884 |
| Bengaluru | ₹9,060 | ₹9,884 |
| Chennai | ₹9,060 | ₹9,884 |
| Ahmedabad | ₹9,065 | ₹9,889 |
| Pune | ₹9,060 | ₹9,884 |
| Kolkata | ₹9,060 | ₹9,884 |
| Hyderabad | ₹9,060 | ₹9,884 |
| Indore | ₹9,065 | ₹9,889 |
| Lucknow | ₹9,075 | ₹9,899 |
Why Gold Prices Remain High
Gold has traditionally been considered a safe-haven asset, particularly during times of financial instability. In recent months, several key factors have contributed to the sustained rise in prices:
- Global economic uncertainty and market volatility
- Weakening bond yields, making gold more attractive
- Currency fluctuations driven by dollar strength
- Strong retail and investment demand during the Indian wedding and festive seasons
- Tight supply and rising import costs
Investment Outlook
Gold’s continued strength has reassured investors looking for long-term financial safety. As inflation remains a concern in global markets, and central banks signal cautious monetary policy stances, gold is expected to maintain its momentum as a preferred wealth-preserving asset.
For buyers and investors in India, today’s price trends reflect the importance of closely monitoring both international cues and local taxes when planning purchases.
Stay tuned for daily gold rate updates and market analysis on Indian.Community.
