3 minutes of readingJul 10, 2026 10:36 am IST
Gold rate today: The price of gold in India today stands at Rs 14,482 per gram for 24 karat gold, Rs 13,275 per gram for 22 karat gold and ₹10,862 per gram for 18 karat goldaccording to Good Returns.
The price of 24 carat gold today, July 10, 2026, in India is Rs 14,482 per gram, reflecting an increase of Rs 38 from July 9.
Similarly, the price of 22-carat and 18-carat gold currently stands at Rs 13,275 per gram and Rs 10,862 per gram of 18-carat gold, which is a decrease of Rs 35 and Rs 29, respectively, from the July 9 prices.
Even after the government increased basic customs duties on gold and silver from 5 percent to 10 percent, overall prices fell as global political tensions eased. However, despite this easing of geopolitical frictions, gold prices continue to experience daily fluctuations.
US-Iran War Live Updates: US and Iran exchange increasingly intense fire across the Middle East, threatening ceasefire deal
| Purity | grams | Today (INR) |
|---|---|---|
| 24 carats | 10g | Rs 14,482 |
| 22 carats | 10g | 13,275 rupees |
| 18 carats | 10g | Rs 10,862 |
City smart tariff:
| City | 24K | 22K | 18K |
| Chennai | Rs 14,564 | Rs 13,350 | 11,170 rupees |
| Bombay | Rs 14,482 | 13,275 rupees | Rs 10,862 |
| Delhi | Rs 14,495 | Rs 13,290 | 10,877 rupees |
| Calcutta | Rs 14,482 | 13,275 rupees | Rs 10,862 |
| Bengaluru | Rs 14,482 | 13,275 rupees | Rs 10,862 |
| Hyderabad | Rs 14,482 | 13,275 rupees | Rs 10,862 |
| Pune | Rs 14,482 | 13,275 rupees | Rs 10,862 |
| Vadodara | Rs 14,487 | 13,280 rupees | Rs 10,867 |
| Ahmedabad | Rs 14,487 | 13,280 rupees | Rs 10,867 |
Tensions in West Asia
Oil prices face new shocks as escalating conflicts between the United States and Iran threaten to collapse a delicate ceasefire.
The US military attacked Iranian military sites along the southern coast, targeting the “speed boats” that Tehran uses to threaten ships sailing through the strait without its permission. According to Lebanon’s National News Agency, Israeli troops are continuing demolitions in southern Lebanon, causing large explosions inside the city of Khiam.
The sudden price increase followed US retaliatory strikes against military targets in Iran, which were launched after three merchant ships were attacked in the Strait of Hormuz. Washington also canceled a temporary waiver that had previously allowed Iranian oil exports to avoid trade sanctions. Although Tehran denies direct involvement in the maritime attacks, it has repeatedly warned ships not to enter the sea route without its formal permission.
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Geopolitical tensions in the Middle East temporarily eased in June after an unexpected short-term deal was reached between the United States and Iran. The agreement, signed in mid-June 2026, established a 60-day ceasefire designed to stop regional fighting and ensure safe transit through vital trade routes.
Still, lasting peace remains incredibly fragile. Tensions have already risen again as Israel strongly opposes the deal and ongoing border clashes threaten to break down the delicate truce.
Because the region remains so volatile despite recent diplomacy, investors still actively buy gold to protect their wealth from sudden market declines. On the domestic front, local gold prices continue to fluctuate daily based on international market trends, import duties and currency exchange rates.