Gold and silver prices remained largely steady on July 24, with subdued global bullion trends keeping domestic rates under pressure. Gold continued to trade above the ₹1.42 lakh mark, while silver hovered close to ₹2.19 lakh.

On the Multi Commodity Exchange (MCX), gold futures slipped around 0.36% to ₹1,42,300 per 10 grams, while silver futures also declined about 0.36% to ₹2,18,580 per kilogram.

Check latest gold rates here:

City24K Gold (₹ per 10gm)22K Gold (₹ per 10gm)
Delhi₹1,46,320₹1,34,140
Mumbai₹1,46,170₹1,33,990
Bengaluru₹1,46,170₹1,33,990
Kolkata₹1,46,170₹1,33,990
Hyderabad₹1,46,170₹1,33,990
Chennai₹1,47,290₹1,35,010

In the retail market, buyers primarily choose between 24-karat and 22-karat gold. While 24-karat gold is the purest form and is preferred for investment, 22-karat gold is widely used for jewellery because its alloy content makes it more durable.

Check the latest silver rates:

CitySilver (₹ per 10gm)Silver (₹ per kg)
Delhi₹2,399₹2,39,900
Mumbai₹2,399

₹2,39,900

Bengaluru₹2,399₹2,39,900
Kolkata₹2,399₹2,39,900
Hyderabad₹2,449₹2,44,900
Chennai₹2,449₹2,44,900

As we advance, traders will closely monitor global economic indicators, expectations around US Federal Reserve interest rates, and currency movements, all of which are expected to influence the direction of gold and silver prices.