Gold prices moved higher on July 31, 2026, giving buyers another reason to closely track market trends before making a purchase. The domestic bullion market witnessed a fresh rise in gold prices, while gold futures on the Multi Commodity Exchange (MCX) also traded significantly higher during the morning session.

The latest rally has been supported by firm international bullion prices, renewed buying interest from jewellers, and positive investor sentiment in the global precious metals market. If you are planning to purchase gold for investment, jewellery, or festive occasions, here is a detailed look at today's latest prices.

Gold Prices Rise in the Domestic Market

The Indian bullion market opened on a stronger note, with gold prices registering an upward movement across major trading centres.

According to bullion market data, 24-carat gold was priced at ₹1,44,950 per 10 grams, reflecting the latest gains in the domestic market. In Delhi's bullion market, gold prices also remained close to ₹1.48 lakh per 10 grams, supported by improved demand and favourable global cues.

Market experts attribute the rise to continued buying by jewellers and stronger international gold prices.

MCX Gold Futures Jump Over 1%

Gold futures also witnessed healthy buying activity on the Multi Commodity Exchange (MCX).

During early trading:

• Gold futures gained 1.09%.
• Prices increased by ₹1,539 per 10 grams.
• The contract touched ₹1,43,320 per 10 grams.
• In the previous trading session, the same contract had settled at ₹1,41,781 per 10 grams.

The strong performance of MCX futures indicates sustained investor interest in the yellow metal amid global economic uncertainty.

International Gold Market Remains Firm

Global bullion markets also supported the rise in domestic prices.

International gold prices climbed to nearly $4,165.90 per ounce, compared with around $4,071.55 per ounce during the previous session.

Analysts believe that a weaker US dollar and growing expectations surrounding upcoming US economic data have encouraged investors to increase exposure to safe-haven assets such as gold.

Latest Gold Prices by Purity

Here are the latest indicative gold prices based on purity:

These prices may vary slightly depending on local taxes, jeweller margins, and making charges.

Gold Rates in Major Indian Cities

The latest city-wise gold prices are as follows:

Gold prices remain broadly similar across most cities, with only minor variations caused by local taxes and jeweller pricing.

Silver Prices Ease Slightly

While gold continued its upward trend, silver futures witnessed a modest decline during today's trading session.

Key silver market updates include:

• September-delivery silver futures fell by ₹271 per kilogram.
• MCX silver contracts traded around ₹2,17,208 per kilogram.
• On the international COMEX market, silver futures edged lower to approximately $57.87 per ounce.

Despite today's dip, silver continues to attract attention from investors due to its industrial demand and investment appeal.

Should You Buy Gold Now?

Gold remains one of the preferred investment options during periods of economic uncertainty and market volatility. However, experts recommend that buyers compare prices across jewellers, verify hallmark certification, and consider making charges before making a purchase.

Whether you're buying gold for investment, weddings, or festive celebrations, keeping track of daily market prices can help you make a more informed decision. With both domestic and international markets showing strength, gold prices may continue to remain sensitive to global economic developments in the coming days.