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Commodities

Gold Prices in India Hold Steady Amid Global Market Fluctuations

Guavy AI Editorial Team
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Oil Gold Silver
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Gold prices in India remained steady on Sunday, July 26, after fluctuating in the global market over the previous week. The current rate for 24-carat gold is ₹14,493 per gram, while 22-carat gold is available at ₹13,285 per gram. Silver prices also remained unchanged during this period, trading at ₹240 per gram or ₹2,40,000 per kilogram.

The global market is focused on the upcoming US Federal Reserve meeting, which will provide clues on interest rates and future monetary policy decisions. Investors are watching developments in the Middle East and the impact of Brent crude oil prices on gold prices.

A weaker rupee against the US dollar makes importing gold into India more expensive, affecting domestic prices. The current USD/INR rate is ₹95.3092 per dollar, up from ₹94.72669 earlier.

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