Gold Price Today: Yellow Shines Bright as Tariffs Stir the Pot – Are You Watching Closely?
Gold’s waking up happy this Wednesday morning! Prices climbed in early trade, thanks to global cues and a slightly tired U.S. dollar. Around 9:10 AM, gold (MCX August contract) was up 0.19% at ₹97,400 per 10 grams. Silver wasn’t far behind, ticking up 0.20% to ₹1,11,705 per kg. Shiny start to the day, huh?
What’s driving the glitter? Well, all eyes are on the U.S. Producer Price Index (PPI) data dropping today. Inflation in June jumped to 2.7%- the highest since February- with Trump’s latest round of tariffs adding fuel to the fire. The Fed? Probably not rushing to cut rates anytime soon.
Now here’s the twist: higher inflation usually dulls gold’s shine, but tariff tensions are giving it a glow-up. Trump’s been slapping duties on everyone from Canada to the EU, and now he’s dropping hints about a big trade deal with India. Bold talk, no details (yet).
So, should you be eyeing gold or sitting this one out? Either way, one thing’s clear — when Trump talks trade, markets listen… and gold usually shines a little brighter.
Stay tuned, stay smart, and maybe don’t stash the glitter just yet.
Check Gold Price Today In Your City-
| City | Gold Price (22-Carat/10 gm) | Gold Price (24-Carat/10 gm) | Silver Price (Rs/kg) |
| Delhi | Rs 91,590 | Rs 99,910 | Rs 1,14,000 |
| Noida | Rs 91,590 | Rs 99,910 | Rs 1,14,000 |
| Lucknow | Rs 91,590 | Rs 99,910 | Rs 1,14,000 |
| Mumbai | Rs 91,100 | Rs 99,280 | Rs 1,19,000 |
| Bengaluru | Rs 91,100 | Rs 99,280 | Rs 1,14,000 |
| Chennai | Rs 91,100 | Rs 99,280 | Rs 1,14,000 |
| Pune | Rs 91,100 | Rs 99,280 | Rs 1,14,000 |
| Ahmedabad | Rs 91,590 | Rs 99,910 | Rs 1,14,000 |
| Kolkata | Rs 91,100 | Rs 99,280 | Rs 1,14,000 |
| Hyderabad | Rs 91,100 | Rs 99,280 | Rs 1,14,000 |
(The Prices Mentioned Were Taken From Good Return at 10:00Am)
Silver Price Today
On July 15, 2025, silver prices was Rs 1,14,000 per kilogram, reflecting a mild cooldown after recent highs. The metal had surged earlier on safe-haven demand amid heightened geopolitical tensions. This price determination is totally based on how silver is reacting to the tariff tantrums of Trump.
Why silver reacts so easily and sharply — a few facts you should know.
- Silver Has Industrial Uses
Over 50% of silver demand comes from industrial sectors like electronics, solar energy, and medical equipment. - More Volatile Than Gold
Silver prices tend to swing more sharply than gold due to its smaller market size and dual role as an industrial and investment metal. - Natural Antibacterial Properties
Silver is known for its antimicrobial effects and is widely used in medical tools, wound care, and even water purification systems. - India Is a Major Consumer
India ranks among the top global consumers of silver, driven by cultural, industrial, and investment demand. - Often Mined as a Byproduct
Silver is typically extracted during the mining of other metals like gold, copper, and zinc, making its supply dependent on those industries.
Here Is How To Check The Purity Of Gold
- Check for Hallmark Stamp: Look for a stamp on the gold piece indicating its purity (e.g., 24K, 22K, 18K). In India, BIS (Bureau of Indian Standards) hallmarking is a trusted certification.
- Magnet Test: Gold is non-magnetic. If your item is attracted to a magnet, it likely contains other metals or is fake.
- Water Test (Float Test): Drop the item into a glass of water. Real gold is dense and heavy, so it will sink immediately. Fakes may float or sink slowly.
- Scratch Test on Ceramic Plate: Rub the gold on an unglazed ceramic tile. Real gold leaves a golden-yellow streak, while fake gold often leaves a black mark.
- Consult a Jeweler or Use a Gold Testing Kit: Professional jewelers use acid tests, XRF machines, or electronic gold testers for accurate results. You can also buy a simple gold testing kit for home use
(Disclaimer: This article is for informational purposes only and should not be construed as an investment advice. Prior to making an investment, conduct thorough research and consult with your financial advisor.)
Also Read: Gold Prices Soaring? Don’t Sell! Know How To Cash In Smartly With Gold Loans
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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