Noida, July 6 (APAC Media): Gold prices began the week on a subdued note as investors booked profits after the precious metal touched a two-week high in global markets.
On the Multi Commodity Exchange (MCX), gold futures declined around 0.5% to trade near ₹1.46 lakh per 10 grams.
In the international market, spot gold slipped below $4,160 an ounce after briefly touching the $4,200 mark earlier in the session.
The decline came despite the US Federal Reserve signalling a relatively less aggressive approach to future interest rate hikes.
Brent crude futures fell 24 cents, or 0.34%, to $71.89 a barrel, after settling 0.46% higher in the previous session. US West Texas Intermediate (WTI) crude slipped 11 cents, or 0.17%, to $68.68 a barrel.
In the retail market, 24-carat gold in Delhi was priced at ₹1,47,360 per 10 grams, while 22-carat gold stood at ₹1,35,080. In Mumbai, 24-carat gold was quoted at ₹1,47,620 and 22-carat gold at ₹1,35,318 per 10 grams.
Chennai reported 24-carat gold at ₹1,47,870 and 22-carat gold at ₹1,35,548, while Kolkata recorded prices of ₹1,47,420 and ₹1,35,135, respectively.
Silver (999 purity) was quoted at ₹2,36,610 per kg in Delhi, ₹2,37,010 in Mumbai, ₹2,36,960 in Chennai and ₹2,36,700 in Kolkata.
Gold & Silver Price Chart (6 July 2026)
| City | 24K Gold (₹/10g) | 22K Gold (₹/10g) | Silver 999 (₹/kg) |
|---|---|---|---|
| Delhi | ₹1,47,020 | ₹1,34,750 | ₹2,45,000 |
| Mumbai | ₹1,46,870 | ₹1,34,600 | ₹2,45,000 |
| Chennai | ₹1,47,870 | ₹1,35,548 | ₹2,36,960 |
| Kolkata | ₹1,46,870 | ₹1,34,600 | ₹2,45,000 |
| Hyderabad | ₹1,46,870 | ₹1,34,600 | ₹2,45,000 |
| Bengaluru | ₹1,46,870 | ₹1,34,600 | ₹2,45,000 |
| Ahmedabad | ₹1,46,920 | ₹1,34,650 | ₹2,45,000 |
| Pune | ₹1,46,870 | ₹1,34,600 | ₹2,45,000 |
| Surat | ₹1,46,920 | ₹1,34,650 | ₹2,45,000 |
| Jaipur | ₹1,47,020 | ₹1,34,750 | ₹2,45,000 |
| Lucknow | ₹1,47,020 | ₹1,34,750 | ₹2,45,000 |
| Patna | ₹1,46,920 | ₹1,34,650 | ₹2,45,000 |
| Chandigarh | ₹1,47,080 | ₹1,34,750 | ₹2,45,000 |
| Kochi | ₹1,47,870 | ₹1,35,548 | ₹2,36,960 |
| Kerala (Average) | ₹1,47,870 | ₹1,35,548 | ₹2,36,960 |
Weaker-than-expected US employment data offered support to bullion prices, but a stronger US dollar made gold more expensive for buyers holding other currencies, triggering profit booking and short-term selling.
Market participants said the broader outlook for gold remains constructive despite the recent correction, supported by expectations of policy easing, persistent geopolitical risks and continued central bank purchases.
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Investors are now awaiting the release of the US Federal Reserve’s meeting minutes, along with key inflation data, for fresh cues on the interest rate outlook.
Geopolitical developments and central bank buying are also expected to influence the next direction in bullion prices.
— Ends —
Disclaimer:
Gold and Silver prices are for informational purposes only. APAC Media is not liable for any discrepancies or financial decisions made based on this data. Please consult an authorised advisor before making investment choices.
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