India Gold Prices Decline as Global Market Uncertainty Persists

Gold and silver prices in India continued to fluctuate on Thursday, July 30, amidst global market uncertainty. According to reports, US Federal Reserve Chairman Kevin Warsh reaffirmed the central bank's commitment to tackling inflation after the US central bank left interest rates unchanged at its latest policy meeting.

The MCX gold rate was trading 0.18% lower at ₹142,530 per 10 grams, while MCX silver futures were trading about 0.53% lower at ₹217,010 per kg at around 9:07 am.

In the retail market, gold prices in various cities across India were as follows:

Gold Prices in New Delhi, 30 July

24 karat gold rate in New Delhi, ₹142,170/10 gm

22 karat gold rate in New Delhi, ₹130,323/10 gm

Silver 999 Fine rate in New Delhi, ₹216,040/1 kg