Gold Rate In India Rally Today! 24K Gold Rate Surge By Rs 6,000/100 gram; Check Latest Rates On July 11

Gold Rate in India Today: The price of the yellow metal is continuing its bullish run as the 24, 22 and 18 karat gold rate in India surged significantly on Friday, July 11. The international price of gold increased today to continue its third session of weekly gain.

Back in India, the continuous surge in gold rates have dampened the hope among investors to see a correction in the gold rates in July month amid easing global tensions.

Gold Rate In India Today

The price of 24 karat gold in India increased by Rs 6,000 per 100 gram to Rs 9,90,000. Likewise, the price of 22 karat gold in India surged by Rs 5500 to Rs 9,07,500 per 100 gram. Whereas, the price of 18 karat gold in India jumped by Rs 4500 to Rs 7,42,500 per 100 gram. Gold rates mentioned here are indicative and may vary from city to city. Hence, it is useful for potential gold jewellery buyers to check latest gold rates in their respective cities.

There has been a sharp surge in gold rate over the past few months. Since the beginning of the year 2025, gold rates have increased by more than 25% year to date (YTD) amid heightened geopolitical uncertainty and stock market volatility. Gold emerges as a safe-haven for investors amid economic uncertainty and tough times, as the precious commodity remains relatively stable compared to equities, bonds, and other markets for investors.

The international gold rate on Friday increased by around $3,330 per ounce amid escalating trade tensions after Donald Trump announced 35% tariffs on partner countries like Canada. The international gold rates are likely to see any major movement during the week, according to Trading Economics.

Silver Rate in India Today

The price of silver in India followed the gold rate trend and surged on Friday. Silver rate in India increased by Re 1 to Rs 111 per gram and by Rs 1,000 to Rs 1,11,000 per kilogram. There has been a sharp jump in silver rate in India as well as across the world because of a surge in its industrial demand.

Gold, Silver Outlook For Today

"We expect precious metals prices on Indian bourses to trade range-bound to slightly higher for the day; as gold prices are steady after a two-day climb as traders focused on tariff threats from President Donald Trump and the outlook for US monetary policy," noted brokerage Nirmal Bang in its report.

What Should Be Investors' Strategy?

Shedding light upon investors strategy for gold, the brokerage stated, "Gold prices are expected to rise. One can buy at 96750 with a stop loss of 96450 for the target at 97100-97400." For silver, the brokerage mentioned that the prices are likely to rise on Friday. "One can buy at 109000 with a stop loss of 108000 for the target 110000-111000," it added in its report.

Gold Rate in Indian Cities

The price of gold rate in Indian cities surged in alignment with the surge in gold prices in India. The price of 24, 22, and 18 K gold in Bengaluru increased to Rs 9,900 per gram, Rs 9,075 per gram and Rs 7425 per gram. The price of 24, 22, and 18K gold rate in Mumbai stood at Rs 9,900, Rs 9,075 and Rs 7425 per gram respectively. Delhi gold rates remained slightly higher as 24, 22, and 18K gold rates remained at Rs 9901, Rs 9090 and Rs 7438 per gram respectively.

Disclaimer: The write-up is just for information purposes, and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on article mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.