Topic
rate
Commodities Gold Prices in India Fall Across All Cities on July 7, 2026: Mumbai, Delhi, Chennai, Kolkata Rates Decline
Gold prices in India declined on July 7, 2026, according to The Hindu Business Line. The price of 22-carat gold fell by ₹125 per gram in Mumbai, Delhi, Ahmedabad, Bengaluru, and Kolkata, while Chennai and Hyderabad saw a steeper drop of ₹160 per gram. 24-carat gold also decreased across all cities, with Chennai and Hyderabad recording the largest fall of ₹168 per gram.
Gold Prices Dip, Head for Third Weekly Loss on Hawkish Fed, Strong Dollar
Gold prices declined on Friday and are headed for a third straight weekly loss, pressured by a strengthening US dollar and the Federal Reserve's increasingly hawkish stance. Spot gold fell 0.6% to $4,184.33 an ounce, while US gold futures for August delivery dropped 1% to $4,202.10. Silver, platinum, and palladium also declined. The Fed's firmer tone and expectations of a rate hike in December have reduced the appeal of non-interest-bearing gold.
Gold, Silver Prices Rise Marginally; Fed Decision, Iran Deal in Focus
International gold and silver prices rose marginally as market participants focus on the US Federal Reserve's policy announcement later today and the interim agreement between the United States and Iran. The Fed is widely expected to keep rates unchanged, while the Iran deal could allow oil sales to resume.