Gold Rate Today: In the month of Sawan, there has been a high period of fall in gold prices. The price of 22 carat gold in Delhi is trading at the rate of tomorrow. At the same time, the rate of 24 carat gold increased by a slight Rs 70. Today, on Friday 28 July, the price of gold is seen flat in the bullion market of most cities of the country. The rate of one kilo of silver is at Rs 1,13,900. Silver rate was flat. Know what was the price of gold and silver in the bullion market of big cities of the country.
Gold rate is almost flat due
The biggest reason for the fluctuations in the price of gold at the national and international level is the decrease in the demand for safe investment. Investors have gained confidence that there is no need to invest a safe haven like gold (Safe Haven) at the moment the signs of stress reduction on AI chips, restricting on AI chips and a possible trade agreement with India. Due to this, the stockists loosened their grip and continued selling, which affected the prices of gold.
There is an atmosphere of caution in the US over economic data such as retail sets, employment figures and statements of Federal Reserve officials. At the same time, the US Inflation (CPI) figures strengthened the dollar index after excessively estimated, weakening the expectations of the fed interest rates. This situation is also putting pressure on gold prices.
Gold price on Friday 18 July 2025 in bullion market of big cities of the country
How is the price of gold in India decided?
Gold prices are fixed on the basis of international market prices, import duty and tax, exchange rate, demand and supply of supply. In India, gold is not only used for investment but also traditionally in weddings and festivals, so prices have a direct impact on people.