Gold is one of the most trusted and loved forms of investment in India. Whether for weddings, savings, or festivals, people always buy gold. In July 2025, the gold price is showing strong changes. It has seen both a sharp rise and sudden drops. If you are planning to buy gold jewellery or invest in gold, it is very important to know the latest gold rate, market updates, and where prices are headed.
This Week’s Gold Price Movement
This past week, gold prices have increased. On the MCX (Multi Commodity Exchange), gold rates went up by ₹800 to ₹840 per 10 grams. This rise is seen not only in the trading market but also in the domestic gold market.
On July 5, the price of 24K gold was ₹96,990 per 10 grams. On July 11, the price rose to ₹97,830 per 10 grams. That’s a jump of ₹840 in just 7 days.
Still Cheaper Than All-Time High
Even with this price rise, gold is still cheaper than its lifetime high. Earlier in 2025, gold reached its record high of ₹1,01,078 per 10 grams on MCX. Compared to that, the current price is ₹3,248 lower, which means gold is still available at a good price if you want to invest.
Domestic Market Price Update
According to IBJA (Indian Bullion Jewellers Association), gold prices also rose in the domestic market:
July 4: ₹97,021 per 10 grams (24K gold)
July 11: ₹97,510 per 10 grams
Increase: ₹489 per 10 grams
So, the gold price rose in both the MCX exchange and the retail jewellery market.
Latest Gold Rates for Different Karats
Gold Purity Rate per 10 grams
24 Karat ₹97,510
22 Karat ₹95,170
20 Karat ₹86,780
18 Karat ₹78,980
14 Karat ₹62,890
These are the current gold rates across India as per the latest updates.
Gold Prices Still Below High Level
Even though prices have increased, gold is still available at a discount from its peak.
All-Time High Price: ₹1,01,078
Current Price: ₹97,830
Difference: ₹3,248
This means that if you are thinking about buying or investing in gold, it’s still a good time as the rate is lower than the highest point.
Buying Gold? Don’t Forget These Charges
While buying gold, don’t forget about GST (3%) and making charges, which can be 5% to 15% depending on the design and store. These extra charges increase the final cost of gold jewellery. Making charges also vary from city to city and jeweller to jeweller.
How to Check Gold Purity Easily
When you buy gold, it’s very important to check its purity. You can do this by looking at the hallmark symbol stamped on the gold. This mark shows how pure the gold is.
Karat Hallmark Number
24K 999
23K 958
22K 916
21K 875
18K 750
Most jewellery is made with 22K gold, which is strong and pure. Always ask for hallmark certification before buying.
Tips Before Buying Gold
Always check the daily gold rate on IBJA.com or trusted jewellers
Ask about GST and making charges
Check the hallmark number for gold purity
For investment, prefer 24K gold coins or bars
For jewellery, 22K is most popular and durable.
Is This the Right Time to Buy Gold?
Yes! Even though gold has become a little more expensive this week, it is still cheaper than its all-time high. If you’re buying for festivals, weddings, or investment, now is a good time to buy before prices rise even more.
Sum Up:
Gold remains a smart and safe investment. In July 2025, gold prices have seen a strong rise of ₹840 per 10 grams. But even after this increase, gold is still cheaper than its highest price. So, if you are planning to buy gold jewellery or invest, don’t wait too long. Always check the gold price today, verify purity with hallmark, and understand extra charges before buying.