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Current Gold Prices: July 7, 2026 Update

On July 7, 2026, gold prices have decreased by 0.6%, with 24K gold priced at ₹14,526 per gram. The market is influenced by global trends and geopolitical tensions. Analysts suggest that investors are cautious as they await key inflation data from the US. This article provides detailed gold rates across major Indian cities, including Chennai, Mumbai, and Delhi, offering insights into the current market dynamics.
By Narendra Chaudhary Jul 7, 2026, 09:52 IST

Gold Prices Decline on July 7, 2026


On July 7, 2026, gold prices have seen a further decrease, dropping by 0.6% in early trading, with the current rate set at ₹1.46 lakh per 10 grams. As per reports, the price for 24 karat gold (99.9% purity) stands at ₹14,526 per gram, while 22 karat gold (91.6% purity) is priced at ₹13,315 per gram, and 18 karat gold (75% purity) at ₹10,894 per gram. On the previous day, gold prices in the national capital fell by ₹150, reaching ₹1,50,650 per 10 grams, alongside a ₹5,000 drop in silver prices. This decline is attributed to a sluggish global market and a robust US dollar, leading traders to adjust their positions in precious metals.


Market analysts noted that the trading environment remains cautious as investors weigh ongoing geopolitical tensions in West Asia against a strengthening dollar and the anticipated monetary policy decisions from the US Federal Reserve. Gaurav Garg, a research analyst at Lemonn Markets Desk, commented, 'Gold prices have slightly dipped in domestic markets as investors navigate the complexities of Washington-Tehran relations while awaiting crucial inflation data from the US.'


Gold Rates in Major Cities


City 24K 22K 18K
Chennai ₹14,792 ₹13,559 ₹11,299
Mumbai ₹14,526 ₹13,315 ₹10,894
Delhi ₹14,541 ₹13,330 ₹10,909
Kolkata ₹14,526 ₹13,315 ₹10,894
Bangalore ₹14,526 ₹13,315 ₹10,894
Hyderabad ₹14,526 ₹13,315 ₹10,894
Kerala ₹14,526 ₹13,315 ₹10,894
Pune ₹14,526 ₹13,315 ₹10,894
Vadodara ₹14,531 ₹13,320 ₹10,899
Ahmedabad ₹14,531 ₹13,320 ₹10,899
Jaipur ₹14,541 ₹13,330 ₹10,909
Lucknow ₹14,541 ₹13,330 ₹10,909
Coimbatore ₹14,792 ₹13,559 ₹11,299
Madurai ₹14,792 ₹13,559 ₹11,299
Vijayawada ₹14,526 ₹13,315 ₹10,894
Patna ₹14,531 ₹13,320 ₹10,899
Nagpur ₹14,526 ₹13,315 ₹10,894
Chandigarh ₹14,541 ₹13,330 ₹10,909
Surat ₹14,531 ₹13,320 ₹10,899
Bhubaneswar ₹14,526 ₹13,315 ₹10,894
Mangalore ₹14,661 ₹13,439 ₹10,996
Visakhapatnam ₹14,661 ₹13,439 ₹10,996
Nashik ₹14,664 ₹13,442 ₹10,999
Mysore ₹14,661 ₹13,439 ₹10,996
Salem ₹14,792 ₹13,559 ₹11,299
Rajkot ₹14,666 ₹13,444 ₹11,001
Trichy ₹14,792 ₹13,559 ₹11,299
Ayodhya ₹14,676 ₹13,454 ₹11,011
Cuttack ₹14,661 ₹13,439 ₹10,996
Davanagere ₹14,661 ₹13,439 ₹10,996
Bellary ₹14,661 ₹13,439 ₹10,996
Gurgaon ₹14,676 ₹13,454 ₹11,011
Ghaziabad ₹14,676 ₹13,454 ₹11,011
Noida ₹14,676 ₹13,454 ₹11,011
Vellore ₹14,792 ₹13,559 ₹11,299
Amaravati ₹14,661 ₹13,439 ₹10,996
Guntur ₹14,661 ₹13,439 ₹10,996
Nellore ₹14,661 ₹13,439 ₹10,996
Kakinada ₹14,661 ₹13,439 ₹10,996
Tirupati ₹14,661 ₹13,439 ₹10,996