Gold and Silver Prices in India Today, 31 July 2026: 24K Gold Rate at ₹1,44,050, Silver Price at ₹2,18,910 as July Ends on a Steady Note
Gold and Silver rates today in India, 31 July 2026: 24K gold held at ₹1,44,050 per 10g and silver slipped 0.73% to ₹2,18,910 per kg as both metals ended July on a quiet note after a volatile month. Check city wise gold and silver rate today and MCX data.
Gold is nearly unchanged, and silver is mildly lower as July comes to a close. As of 12:40 PM IST, 24K gold is at ₹1,44,050 per 10 grams, down just 0.02% from yesterday's ₹1,44,080. Silver 999 Fine is at ₹2,18,910 per kg, down 0.73% from ₹2,20,520. MCX gold is down 0.58%, and MCX silver is down 0.77%. Comex gold fell 0.60% to $4,135.80 per ounce and Comex silver slipped 0.83% to $58.53. Today is a quiet end to a volatile month that saw both metals fall sharply and then recover most of those losses.
City Wise Gold and Silver Rates Today in India, 31 July 2026
| City | 22K Gold (per 10g) | 24K Gold (per 10g) | Silver (per kg) |
|---|---|---|---|
| Delhi | ₹1,32,046 | ₹1,44,050 | ₹2,18,910 |
| Mumbai | ₹1,31,896 | ₹1,43,890 | ₹2,18,910 |
| Chennai | ₹1,33,476 | ₹1,45,570 | ₹2,18,910 |
| Hyderabad | ₹1,31,896 | ₹1,43,890 | ₹2,18,910 |
| Bengaluru | ₹1,31,896 | ₹1,43,890 | ₹2,18,910 |
| Kolkata | ₹1,31,896 | ₹1,43,890 | ₹2,18,910 |
| Pune | ₹1,31,896 | ₹1,43,890 | ₹2,18,910 |
| Ahmedabad | ₹1,32,346 | ₹1,44,390 | ₹2,18,910 |
| Lucknow | ₹1,32,046 | ₹1,44,050 | ₹2,18,910 |
| Jaipur | ₹1,32,046 | ₹1,44,050 | ₹2,18,910 |
Rates are indicative bullion prices for 31 July 2026. Jewellery prices add making charges and GST. Chennai typically carries a premium over other cities.
Muskaan Kapoor
Gold Price Today: What Changed
Gold is nearly flat today at ₹1,44,050 per 10 grams, down just 0.02% from yesterday. MCX gold dropped ₹840 or 0.58% to ₹1,44,000 per 10 grams. The session high was ₹1,44,224, and the low was ₹1,43,711. Comex gold fell 0.60% to $4,135.80 per ounce after a high of $4,170.70 earlier in the session.
Gold is up 0.21% from a week ago and down 0.52% from a month ago. The monthly comparison is now nearly flat, which is a strong recovery from where things stood in mid-July when gold was down 8% monthly. Year on year, gold is up 45.74% from ₹98,840.
July 2026 Monthly Summary for Gold: Gold entered July at around ₹1,59,000 per 10 grams and fell to a low of near ₹1,39,800 on MCX before recovering. It is ending July at ₹1,44,050, a monthly fall of about 9.4% from the July 1 opening. However, from the July low to today's level, gold has recovered nearly ₹4,200 or about 3%.
| Period | 24K Gold Rate (per 10g) | Change |
|---|---|---|
| Today (31 July 2026) | ₹1,44,050 | — |
| Yesterday (30 July 2026) | ₹1,44,080 | 🔴▼ Down 0.02% |
| One Week Ago (24 July 2026) | ₹1,43,750 | 🟢▲ Up 0.21% |
| One Month Ago (1 July 2026) | ₹1,44,810 | 🔴▼ Down 0.52% |
| One Year Ago (31 July 2025) | ₹98,840 | 🟢▲ Up 45.74% |
Silver Rate Today: What Changed
Silver slipped 0.73% today to ₹2,18,910 per kg. MCX silver dropped ₹1,687 or 0.77% to ₹2,18,280 per kg. The session high was ₹2,19,900, and the low was ₹2,18,200. Comex silver fell 0.83% to $58.53 per ounce after a high of $59.41.
Silver is down 1.76% from a week ago and 4.91% from a month ago. The monthly fall for silver is steeper than gold's, reflecting how much more volatile silver has been through July.
July 2026 Monthly Summary for Silver: Silver started July near ₹2,67,000 per kg and fell to a low of around ₹2,13,000 before recovering. It is ending July at ₹2,18,910, down about 18% from July's opening. Despite the steep monthly fall, silver remains up 98.45% from a year ago, nearly doubling over twelve months.
| Period | Silver 999 Rate (per kg) | Change |
|---|---|---|
| Today (31 July 2026) | ₹2,18,910 | — |
| Yesterday (30 July 2026) | ₹2,20,520 | 🔴▼ Down 0.73% |
| One Week Ago (24 July 2026) | ₹2,22,830 | 🔴▼ Down 1.76% |
| One Month Ago (1 July 2026) | ₹2,30,220 | 🔴▼ Down 4.91% |
| One Year Ago (31 July 2025) | ₹1,10,310 | 🟢▲ Up 98.45% |
MCX Gold and Silver Rate Today
| Metal | MCX Price | Change | High | Low |
|---|---|---|---|---|
| Gold (per 10g) | ₹1,44,000 | 🔴▼ Down ₹840 (−0.58%) | ₹1,44,224 | ₹1,43,711 |
| Silver (per kg) | ₹2,18,280 | 🔴▼ Down ₹1,687 (−0.77%) | ₹2,19,900 | ₹2,18,200 |
Source: Bullions.co.in. Last updated 31 Jul 2026, 12:40 IST.
Both MCX gold and silver are mildly lower today. The tight intraday ranges on both metals show no panic selling. Gold at MCX is holding just at ₹1,44,000, a round number that could act as a short-term support. Silver's low of ₹2,18,200 is just above recent support levels. As July closes, both metals are consolidating after a turbulent month.
July 2026 in Review: A Tough Month for Gold and Silver
July was a difficult month for both metals. Here is a simple summary.
| Metal | July Opening | July Low | Today's Close | Monthly Change |
|---|---|---|---|---|
| Gold 24K | ~₹1,59,000/10g | ~₹1,39,800/10g | ₹1,44,050/10g | 🔴▼ ~−9.4% |
| Silver 999 | ~₹2,67,000/kg | ~₹2,13,000/kg | ₹2,18,910/kg | 🔴▼ ~−18% |
The falls came from a hawkish US Fed under Chair Kevin Warsh, who signalled rate hikes were still possible. A stronger dollar added further pressure. However, both metals staged a meaningful recovery in the second half of July, with gold recovering about ₹4,200 from its July low and silver bouncing nearly ₹6,000. August will be watched closely for signs of whether the recovery can extend further.
Why Gold and Silver Slipped Mildly Today
- Pre-Weekend Profit Booking: With the week and month ending today, some traders are reducing positions to close out July. This is adding mild downward pressure on both metals.
- Comex Gold Retreats From $4,170 High: Gold on Comex had reached a session high of $4,170.70 before pulling back to $4,135.80. This reversal from the high shows selling pressure at those levels.
- Fed Caution Lingers: Despite yesterday's rate hold, the Fed kept the door open for future hikes. This lingering uncertainty is keeping gold from making a decisive move higher.
- Silver Slips Below $59: Comex silver fell below $59 today after briefly touching $59.41. Silver remains stuck in the $57 to $60 range that has dominated trading for the past two weeks.
What to Expect in August 2026
August will be shaped by three key factors. First, US inflation data due in the coming weeks will show whether price pressures are easing. A cooler inflation reading could push gold higher. Second, any fresh geopolitical developments, particularly in West Asia, could drive safe-haven demand. Third, the rupee-dollar rate will continue to influence how much of any global move feeds into Indian prices.
For Indian buyers, current levels around ₹1,44,000 per 10 grams for gold and ₹2,18,000 per kg for silver are broadly stable and well below June peaks. August could be a good month for staged buying if global conditions remain supportive.
FAQs
What is the gold rate today in India on 31 July 2026?
24K gold is at ₹1,44,050 per 10 grams today, nearly unchanged from yesterday's ₹1,44,080. 22K gold is at ₹1,32,046 per 10 grams. These are indicative bullion rates as of 12:40 PM IST. Jewellery prices at local shops will be higher due to making charges and GST.
What is the silver rate today in India on 31 July 2026?
Silver 999 Fine is at ₹2,18,910 per kg today, down 0.73% from yesterday's ₹2,20,520. MCX silver is at ₹2,18,280 per kg as of 12:40 PM IST. Comex silver fell to $58.53 per ounce after touching a high of $59.41.
How did gold and silver perform in July 2026?
July was a tough month. Gold fell from around ₹1,59,000 at the start of the month to a low of about ₹1,39,800 on MCX, before recovering to ₹1,44,050 today. That is a monthly fall of about 9.4%. Silver had an even sharper fall, dropping from around ₹2,67,000 to a low near ₹2,13,000 before bouncing back to ₹2,18,910, a monthly fall of about 18%. Both metals recovered meaningfully from their lows in the second half of July.
