Gold Prices in India Climb Further on July 23, 2025, as Investor Demand Stays Firm

Gold prices in India continued their upward momentum on Wednesday, July 23, 2025, supported by rising investment interest and seasonal physical demand. All major gold purity levels recorded strong price increases, reflecting sustained appetite from both retail buyers and institutional investors. Gold’s appeal as a safe-haven asset remains intact amid inflationary concerns and geopolitical uncertainties.

As per the latest updates from reputed jewellers, 24K gold rose by ₹104 to reach ₹10,233 per gram, while 22K gold increased by ₹95 to ₹9,380 per gram. Meanwhile, 18K gold prices moved up ₹78, touching ₹7,675 per gram, showing broad-based strength across purity levels.

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Gold Prices Today in India – July 23, 2025

As of 10:38 AM on July 23, gold rate today across key Indian cities reflected a clear upward trend. Below are the current per-gram rates for 24K, 22K, and 18K gold:

• Gold Price Today in Mumbai: 24K gold is ₹10,233 per gram, while 22K is ₹9,380 per gram.
• Gold Price Today in Chennai: 24K gold is priced at ₹10,233 per gram, and 22K gold is priced at ₹9,380 per gram.
• Gold Price Today in Bangalore: 24K gold is priced at ₹10,233 per gram, and 22K gold is priced at ₹9,380 per gram.
• Gold Price Today in Hyderabad: 24K gold is ₹10,233, and 22K gold is ₹9,380 per gram.
• Gold Price Today in Kerala: 24K gold is ₹10,233, and 22K gold is ₹9,380 per gram.
• Gold Price Today in Delhi: 24K gold is ₹10,248, and 22K gold is ₹9,395 per gram.

Recent Gold Price Movements in India

Here’s how gold prices have fluctuated over the past few days:

• July 22: 24K at ₹10,129, 22K at ₹9,285
• July 21: 24K at ₹10,015, 22K at ₹9,180
• July 20: 24K at ₹10,004, 22K at ₹9,170
• July 19: 24K at ₹9,993, 22K at ₹9,160
• July 18: 24K at ₹9,934, 22K at ₹9,106

Gold Market Outlook

The continued rise in gold prices reflects robust investor confidence in the yellow metal’s role as a store of value. With India stepping into the festive and wedding season, physical demand is expected to remain strong. Global economic headwinds, central bank policies, and inflationary concerns are further fuelling interest in gold. Experts anticipate that gold prices may stay firm in the short to medium term, supported by both domestic demand and international cues.