Gold Prices Edge Higher Across Major Cities As Safe-Haven Demand Rises

Gold prices in India climbed on July 14, 2025, reflecting heightened investor interest amid global trade tensions and a weakening dollar. The surge was consistent across major metros, with 24-carat rates nearing the Rs 1 lakh mark and silver continuing its record-breaking rally.

City-Wise Gold Rates Per Gram

- Mumbai: Rs 9,988 (24K), Rs 9,155 (22K), Rs 7,491 (18K)  
- Bengaluru: Rs 9,988 (24K), Rs 9,155 (22K), Rs 7,491 (18K)  
- Chennai: Rs 9,988 (24K), Rs 9,155 (22K), Rs 7,540 (18K)  
- Hyderabad: Rs 9,988 (24K), Rs 9,155 (22K), Rs 7,491 (18K)  
- New Delhi: Rs 10,003 (24K), Rs 9,170 (22K), Rs 7,503 (18K)  
- Kolkata: Rs 9,988 (24K), Rs 9,155 (22K), Rs 7,491 (18K)  

Market Drivers

- The rally is attributed to safe-haven buying following tariff threats from the US targeting Mexico and the European Union  
- A softer US dollar and anticipation of inflation data have further boosted bullion sentiment  
- Silver futures also surged past Rs 1,14,500 per kg, reinforcing the bullish outlook for precious metals  

Investor Outlook

Gold continues to serve as a hedge against volatility, with analysts expecting sustained momentum if geopolitical risks persist. Retail buyers are advised to monitor local premiums and making charges, which vary by jeweller and region.

Sources: Indian Express, News18, Hindustan Times, Goodreturns, LiveMint.