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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.
Logistics Norfolk Southern CEO Says Railroad Must Focus on Today's Service While Advancing Union Pacific Merger
Norfolk Southern CEO Mark George states the railroad remains committed to improving service while advancing the proposed merger with Union Pacific. He acknowledges current service struggles due to crew shortages and weather, but says the operations team is focused on stabilization. The merger aims to create coast-to-coast service, though other Class I railroads oppose it.
Commodities 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.
Commodities Gold price prediction today: Will gold prices rise substantially from current levels? Check June 16, 2026 outlook
Spot gold rallied 3.24% to $4,356 per ounce on Monday, extending its winning streak to three days, driven by a preliminary US-Iran agreement to end the Middle East conflict and reopen the Strait of Hormuz. Crude oil prices slumped 5% to $82, weighing on the dollar and yields, while the US Federal Reserve's upcoming meeting remains a key near-term risk. The MoU is set to be signed on June 19 in Geneva.