Based on comprehensive market research and expert analysis, gold prices in India are currently holding firm above the psychological barrier of Rs 1.12 lakh per 10 grams, creating a critical investment dilemma for traders and investors. The precious metal has achieved an unprecedented streak, delivering positive monthly returns throughout 2025 with a remarkable 45% year-to-date gain.
gold rate
Results of FOMC July meeting today. Analysts are telling how to trade? [2025]
Results of FOMC July meeting: Ahead of the FOMC July meeting outcome, Gold October futures contracts at MCX were trading higher by Rs 358 or 0.36% at Rs 99,477/10 grams after settling positively in the previous trading session. However, in the last one week, the prices of yellow metal have fallen by Rs 1,861, from their all-time high levels.
Gold Rate Today: Yellow metal rebounds; check the latest prices in your city on Tuesday, July 1, 2025
Gold prices saw an increase today, driven by global factors. Gold’s August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 96,471 per 10 grams on Tuesday, July 1, 2025.
Gold price crosses ₹1 lakh: Huge surge in yellow metal
Gold price today: Precious metal gold soared to hit the psychologically important level of ₹1 lakh per 10 grams in the retail market, ahead of Akshaya Tritiya, which is the auspicious day for purchasing gold in India.
Before making new deals, some stability is being awaited in the gold and silver market
Gold prices remained volatile in the last week, surging overall by Rs 900/10 grams on MCX as Gold April futures contracts opened flat today at Rs 85,970 per 10 grams. The prices were down by 0.05% or Rs 40 on Monday.
Jerome Powell-led FOMC meeting begins today
The US Federal Reserve began its deliberations for the latest monetary policy decisions today, December 17, and will announce its new benchmark interest rate decision on Wednesday, December 18. The US central bank will conduct its two-day Federal Open Market Committee (FOMC) meeting amid analysts’ expectations of another quarter-point rate cut for the second straight time.
Gold and silver prices fall over 1% in Mumbai, Delhi, Chennai, Kolkata: Here are latest prices in other cities
Gold and silver prices have fallen more than a per cent compared to a week back as no new triggers around the globe. However, investors are waiting for the FOMC meeting, plus the Bank of England is likely to keep the interest rate unchanged.