Last Updated:
Gold Price Today, July 17: In Mumbai, the price of gold stands at Rs 90,990 per 10 grams for 22-carat and Rs 99,270 per 10 grams for 24-carat.
Gold And Silver Prices Today, July 17.
Gold, Silver Prices In India Today, July 17: Gold prices witnessed a decline on Thursday. In Mumbai, the price of gold stood at Rs 90,990 per 10 grams for 22-carat and Rs 99,270 per 10 grams for 24-carat.
Silver also declined by Rs 100 to trade at Rs 1,13,900 per kg.
However, in the futures market on the MCX, gold futures (expiring on August 5, 2025) were trading lower by 0.37% at Rs 97,428 per 10 gram, whereas silver (expiring on September 5, 2025) rose by 0.18% to trade at Rs 1,11,841 per kg.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On July 17?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 91,150 | Rs 99,480 |
| Jaipur | Rs 91,150 | Rs 99,480 |
| Ahmedabad | Rs 91,100 | Rs 99,380 |
| Patna | Rs 91,100 | Rs 99,380 |
| Mumbai | Rs 90,990 | Rs 99,270 |
| Hyderabad | Rs 90,990 | Rs 99,270 |
| Chennai | Rs 90,990 | Rs 99,270 |
| Bengaluru | Rs 90,990 | Rs 99,270 |
| Kolkata | Rs 90,990 | Rs 99,270 |
India’s Gold Imports
India’s gold imports in June fell 40% from a year ago to their lowest level in more than two years, as a price rally to a record high sapped demand, a government and two industry officials told Reuters.
Imports to India, the world’s second-largest gold consumer, fell to 21 tons, the lowest since April 2023, said a government official, who declined to be named as he was not authorised to talk to the media.
In value terms, gold imports fell to $1.84 billion in June from $2.48 billion a year ago, the official said. In the past decade, on average, India imported 52.4 tons of gold in June.
In the first half of 2025, India’s gold imports fell 30% from a year ago to 204.1 tons, the lowest since the first half of 2020, when the COVID-19 outbreak led to lockdown, the trade ministry data showed.
The rapid surge in prices has been discouraging retail buyers from making jewellery purchases, said Ashok Jain, proprietor of Mumbai-based gold wholesaler Chenaji Narsinghji.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
view comments
- First Published: