Gold Prices Dip Again – What You Need to Know
Gold rate today continued to show a downward trend for the third straight session, bringing relief to prospective buyers. On Friday, July 4, 2025, the MCX gold rate stood at ₹97,015 per 10 grams for 24-carat gold, reflecting a continued softening of prices across India’s major cities.
According to the latest data at 10:40 am IST from the Multi Commodity Exchange of India Ltd (MCX), the 22-carat gold price was recorded at ₹89,238 per 10 grams, while the 24-carat bullion rate saw a mild rise to ₹97,350 per 10 grams, a 0.280% increase from Thursday’s rates.
Highlights: Gold and Silver Prices Today
- MCX 24-carat gold price: ₹97,015 per 10 grams
- 22-carat gold price: ₹89,238 per 10 grams
- Bullion rate for 24-carat gold: ₹97,350 per 10 grams
- MCX silver price (999): ₹1,210 per 10 grams
- Silver bullion rate: ₹108,240 per kg
City-Wise Gold Rate Today: Where Prices Stand on July 4, 2025
To give a better perspective, here’s a breakdown of city-wise gold and silver rates across India:
🔸 Gold and Silver Prices in Kolkata
- Gold Bullion Rate: ₹97,000 / 10 gm
- MCX Gold Price: ₹97,490 / 10 gm
- Silver Bullion Rate: ₹107,970 / kg
- MCX Silver 999 Rate: ₹1,210 / 10 gm
🔸 Gold and Silver Prices in Mumbai
- Gold Bullion Rate: ₹97,130 / 10 gm
- MCX Gold Price: ₹96,440 / 10 gm
- Silver Bullion Rate: ₹108,030 / kg
- MCX Silver 999 Rate: ₹1,210 / 10 gm
🔸 Gold and Silver Prices in Hyderabad
- Gold Bullion Rate: ₹97,280 / 10 gm
- MCX Gold Price: ₹95,600 / 10 gm
- Silver Bullion Rate: ₹108,210 / kg
- MCX Silver 999 Rate: ₹1,210 / 10 gm
🔸 Gold and Silver Prices in New Delhi
- Gold Bullion Rate: ₹96,960 / 10 gm
- MCX Gold Price: ₹96,650 / 10 gm
- Silver Bullion Rate: ₹107,850 / kg
- MCX Silver 999 Rate: ₹1,210 / 10 gm
🔸 Gold and Silver Prices in Chennai
- Gold Bullion Rate: ₹97,410 / 10 gm
- MCX Gold Price: ₹95,600 / 10 gm
- Silver Bullion Rate: ₹108,350 / kg
- MCX Silver 999 Rate: ₹1,210 / 10 gm
🔸 Gold and Silver Prices in Bengaluru
- Gold Bullion Rate: ₹97,150 / 10 gm
- MCX Gold Price: ₹96,810 / 10 gm
- Silver Bullion Rate: ₹108,130 / kg
- MCX Silver 999 Rate: ₹1,210 / 10 gm
Gold Prices: Highest and Lowest in Indian Cities
- Highest MCX gold price: Kolkata at ₹97,490 / 10 gm
- Lowest MCX gold price: Hyderabad & Chennai at ₹95,600 / 10 gm
- Highest bullion rate: Chennai at ₹97,410 / 10 gm
- Lowest bullion rate: New Delhi at ₹96,960 / 10 gm
Silver Price Today: Marginal Drop Recorded
While gold rates have shown mixed trends, silver prices today dipped slightly. As of 10:59 am on July 4, the MCX silver rate stood at ₹108,175 per kg, while the bullion rate for silver dropped to ₹108,240 per kg, marking a 0.03% decline from the previous day.
Key Takeaways: July 4, 2025 – Gold and Silver Market Summary
✅ Gold prices dipped for the third straight day on MCX
✅ MCX gold rate today: ₹97,015 per 10 grams
✅ Bullion gold rate today: ₹97,350 per 10 grams
✅ Silver rate witnessed a minor dip of 0.03%
✅ Best city to buy gold: Hyderabad or Chennai for lowest MCX rates
✅ Most expensive city for gold: Kolkata
Expert View: Why Are Gold Prices Falling?
Global Trends Impacting Gold Prices
Gold prices are currently being impacted by global market trends, including:
- Strengthening of the US Dollar
- Anticipation of US Federal Reserve rate changes
- Mixed demand from international bullion buyers
- Profit-booking by investors amid recent price highs
Domestic Factors Affecting MCX Gold Rates
- Fluctuations in demand during the monsoon season
- Stable Indian rupee against the dollar
- RBI’s current monetary policies
- Seasonal slowdown in weddings and festive gold buying
Should You Buy Gold Today?
If you’re planning to invest in gold, today’s dip in MCX gold rate and bullion price could be a good opportunity. With prices falling and the festive season approaching soon, many investors and jewelers may use this correction as a buying window.
Conclusion
The gold rate today, July 4, 2025, shows a decline for the third consecutive day, offering a potentially favorable scenario for investors and buyers. With MCX gold prices varying across cities, comparing the 24-carat and 22-carat gold rates in your region is key to getting the best value. Keep an eye on daily updates as international and domestic factors continue to shape the future movement of gold and silver prices in India.
