Gold Prices Stable on July 28: 24K Remains at ₹9,993 Per Gram

After recent fluctuations, gold prices in India held steady on Monday, July 28, 2025. The rates remained unchanged across all purity levels, reflecting a phase of consolidation as investors weigh global inflation cues and upcoming festive demand. Despite no price movement today, gold remains a vital inflation hedge and a portfolio diversifier for long-term investors.

According to the latest data, the 24K gold rate in India remains stable at ₹9,993 per gram. The price for 22K gold remains at ₹9,160 per gram, while 18K gold holds at ₹7,495 per gram. These prices, updated by reputed jewellers nationwide, highlight a stabilisation phase after prior volatility in the bullion market.

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Gold Prices Today in India – July 28, 2025

As of 9:49 AM on July 28, gold rate today across major Indian metro cities. Here are the latest per-gram rates for 22K and 24K gold:

• Gold Price Today in Mumbai: 22K gold is priced at ₹9,160 per gram, while 24K gold is quoted at ₹9,993 per gram.
• Gold Price Today in Chennai: 22K gold trades at ₹9,160 and 24K gold at ₹9,993 per gram.
• Gold Price Today in Bangalore: 22K at ₹9,160 and 24K at ₹9,993 per gram.
• Gold Price Today in Hyderabad: Gold is valued at ₹9,160 (22K) and ₹9,993 (24K) per gram.
• Gold Price Today in Kerala: Gold is valued at ₹9,160 (22K) and ₹9,993 (24K) per gram.
• Gold Price Today in Delhi: Slightly higher, with 22K at ₹9,175 and 24K at ₹10,008 per gram.

Recent Gold Price Movements in India

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

• July 28: 24K at ₹9,993, 22K at ₹9,160
• July 27: 24K at ₹9,993, 22K at ₹9,160
• July 26: 24K at ₹10,021, 22K at ₹9,190
• July 25: 24K at ₹10,048, 22K at ₹9,210
• July 21: 24K at ₹10,121, 22K at ₹9,270

Gold Market Outlook

The stagnant pricing observed today suggests a pause in investor repositioning, with the market awaiting fresh triggers. While inflation expectations remain under control globally, the Indian festive season and possible geopolitical shifts could reignite upward momentum. Despite near-term stillness, gold maintains its role as a dependable investment avenue, shielding wealth during uncertain economic cycles.