Gold Price Today in India (15 July 2026): City-wise 24K, 22K & 18K Gold Prices, Factors Impacting Yellow Metal

MCX Gold Price + MCX Silver Price

The MCX commodities will respond to the US inflation data on Wednesday. After the evening session on July 14th, MCX gold price stood near Rs 1,42,500 per 10 grams mark, and MCX silver was above Rs 2.23 lakh per 1Kg level. However, MCX crude oil also gained by over 2.3%.

"Despite the bounce, overall sentiment remains cautious as higher crude oil prices and a firm US dollar continue to cap upside in bullion," said Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities.

He also added, "A stronger-than-expected inflation reading could reinforce the Federal Reserve's hawkish stance, strengthening the dollar and pressuring gold further, while softer inflation may provide support by increasing expectations of steady interest rates. In the near term, gold is expected to remain highly volatile ahead of the inflation data."

Spot Gold Price + Spot Silver Price + Crude Oil Prices + US Dollar

Despite cooling in US inflation rate, spot gold and spot silver traded cautiously and volatile. In the early trade, spot gold stood around $4,039 per ounce, down by $15.2 or 0.4%, at the time of writing, while spot silver traded flat around $58.64 per ounce.

This was not the case with crude oil prices. Brent Crude surged over 1.52% to trade above $86 per barrel and US WTI Crude Oil futures soared 1.22% to trade more than $80 per barrel.

Meanwhile, US dollar weakened further to trade below 101 mark after the US CPI inflation, which will offer support to gold and silver.

The annual US inflation rate eased to 3.5% in June from 4.2% in May, coming in below forecasts of 3.8% as lower oil prices helped moderate energy inflation. Consumer prices also fell 0.4% from the previous month, registering their first monthly decline since 2020. Meanwhile, Fed Chair Kevin Warsh reiterated the central bank's commitment to restoring price stability during congressional testimony on Tuesday but stopped short of signaling a more hawkish policy stance. Markets continue to price in roughly a 50% chance of a Fed rate hike in September, as renewed tensions between the US and Iran lifted oil prices and kept inflationary pressures in focus, as per Trading Economics.

Gold Rates In Delhi vs Gold Rates In Mumbai Vs Gold Rates In Kolkata

In the early hours of July 15, 10 grams gold price stood at Rs 1,42,790 in 24 carat, at Rs 1,30,890 in 22 carat and at Rs 1,07,090 in 18 carat in cities like Mumbai and Kolkata. The rates are mildly higher in cities like Delhi, where 10 grams is priced at Rs 1,42,940 in 24 carat, at Rs 1,31,040 in 22 carat and at Rs 1,07,240 in 18 carat.

Gold Rates In Chennai Vs Gold Rates In Hyderabad vs Gold Rates In Bengaluru vs Gold Rates In Kerala

Notably, in Chennai, gold is most expensive compared to either cities like Mumbai, Delhi, Hyderabad, Kolkata, Pune, Bengaluru, Kerala and Ahmedabad. In Chennai, the price of 10 grams gold is available at Rs 1,43,450 in 24 carat, at Rs 1,31,490 in 22 carat and at Rs 1,09,690 in 18 carat. While in cities like Hyderabad, Kerala and Bengaluru, the price of 10 grams gold stood at Rs 1,42,790 in 24 carat, at Rs 1,30,890 in 22 carat and at Rs 1,07,090 in 18 carat.