Gold Prices Dip on July 31: 24K Slides to ₹10,003 Amid Global Caution

Gold prices in India recorded a modest decline on Wednesday, July 31, 2025, with rates falling across all purity levels. This slight downward movement follows a recent stretch of steady gains, influenced by global economic cues and changing investor sentiment. While the precious metal remains a strong inflation hedge, today's price dip reflects caution among investors amid fluctuating international signals.

According to the latest figures from reputed jewellers across the country, the 24K gold rate has dropped to ₹10,003 per gram. The 22K gold is now priced at ₹9,170 per gram, while 18K gold stands at ₹7,503 per gram. This shift suggests short-term price volatility, even as gold maintains its long-term appeal for wealth preservation and portfolio diversification.

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Gold Prices Today in India – July 31, 2025

As of 11:49 AM on July 31, 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 ₹9,170 per gram, while 24K gold is quoted at ₹10,003 per gram.
• Gold Price Today in Chennai: 22K gold trades at ₹9,170 and 24K gold at ₹110,003 per gram.
• Gold Price Today in Bangalore: 22K at ₹9,170 and 24K at ₹10,003 per gram.
• Gold Price Today in Hyderabad: Gold is valued at ₹9,170 (22K) and ₹10,003 (24K) per gram.
• Gold Price Today in Kerala: Gold is valued at ₹9,170 (22K) and ₹10,003 (24K) per gram.
• Gold Price Today in Delhi: Slightly higher, with 22K at ₹9,185 and 24K at ₹10,018 per gram.

Recent Gold Price Movements in India

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

• July 31: 24K at ₹10,003, 22K at ₹9,170
• July 30: 24K at ₹10,048, 22K at ₹9,210
• July 29: 24K at ₹9,982, 22K at ₹9,150
• July 28: 24K at ₹9,993, 22K at ₹9,160
• July 27: 24K at ₹9,993, 22K at ₹9,160

Gold Market Outlook

Today’s slight dip in prices indicates market uncertainty amid global economic developments. Investors appear to be reassessing short-term positions as they await clearer signals from central banks and inflation data. With India’s festive and wedding season approaching, demand is expected to pick up again. While temporary corrections may occur, gold continues to be viewed as a secure and time-tested investment—particularly in times of financial turbulence.