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Published | July 3, 2025 | By Agam Kaushik(Co-Editor) | Linkedin
Today, July 3, 2025, we bring you the most current gold prices across key Indian cities, including the unique markets of Salem, Rajkot, and Meerut, alongside major metropolitan centers. Understanding these localized prices and the broader trends is vital for making informed decisions.
What’s Driving Gold Prices Today?
Before diving into city-specific rates, it’s important to grasp the underlying factors that influence gold prices across India:
- Global Economic Conditions: Geopolitical stability, interest rate changes by central banks (like the RBI in India), and inflation concerns globally heavily impact gold’s appeal as a safe-haven asset. When uncertainty rises, gold prices often follow suit.
- Indian Rupee vs. US Dollar: The exchange rate between the Indian Rupee (INR) and the US Dollar (USD) plays a significant role. A stronger Rupee generally makes gold cheaper to import, potentially leading to lower domestic prices, and vice-versa.
- Demand and Supply: Festivals, wedding seasons, and overall consumer sentiment in India (a major gold consumer) directly influence demand, thereby affecting local prices.
- Government Policies & Import Duties: Changes in import duties or government regulations related to gold can directly impact its cost within the country.
Also Read –Check Other Major Financial News On ByteTheNews
Today’s Gold Rates (July 3, 2025): City-Specific Insights
While global factors set a general trend, local demand, supply, and regional market dynamics lead to slight variations in gold rates across cities. Here’s a detailed look at the 22K and 24K gold prices per 10 grams in Salem, Rajkot, Meerut, and other major Indian cities as of July 3, 2025:
1. Gold Rate in Salem Today (July 3, 2025) Salem, a city with a rich textile and agricultural heritage, also sees significant gold trading.
- 24 Carat Gold (99.9% Pure): ₹95,600 per 10 grams
- 22 Carat Gold (91.6% Pure – Standard for Jewellery): ₹90,200 per 10 grams
- 18 Carat Gold: ₹74,220 per 10 grams *Note: Prices are indicative and may not include GST, TCS, and other local levies. Contact your local jeweller for exact rates.
2. Gold Rate in Rajkot Today (July 3, 2025) Rajkot, a prominent industrial hub in Gujarat, has a dynamic gold market.
- 24 Carat Gold (99.9% Pure): ₹97,700 per 10 grams
- 22 Carat Gold (91.6% Pure – Standard for Jewellery): ₹94,890 per 10 grams
- 18 Carat Gold: ₹74,200 per 10 grams *Note: Prices are indicative and may not include GST, TCS, and other local levies. Contact your local jeweller for exact rates.
3. Gold Rate in Meerut Today (July 3, 2025) Meerut, a historical city in Uttar Pradesh, is a significant consumer of gold, especially during festive seasons.
- 24 Carat Gold (99.9% Pure): ₹96,726 per 10 grams
- 22 Carat Gold (91.6% Pure – Standard for Jewellery): ₹88,666 per 10 grams
- 18 Carat Gold: ₹73,170 per 10 grams *Note: Prices are indicative and may not include GST, TCS, and other local levies. Contact your local jeweller for exact rates.
Gold Rates in Other Major Indian Cities (July 3, 2025 – Per Gram)
| City | 24 Carat (Approx.) | 22 Carat (Approx.) |
|---|---|---|
| Delhi | ₹9,948 | ₹9,120 |
| Mumbai | ₹9,644 – ₹9,746 | ₹9,185 – ₹9,180.71 |
| Chennai | ₹9,560 – ₹9,933 | ₹9,105 – ₹9,082.60 |
| Kolkata | ₹9,749 – ₹9,933 | ₹9,285 – ₹9,105 |
| Bengaluru | ₹9,933 | ₹9,220 |
| Hyderabad | ₹9,560 – ₹9,933 | ₹9,105 |
| Pune | ₹9,933 | ₹9,181.37 |
| Ahmedabad | ₹9,468.36 | ₹9,110 |
Gold Purity: 24K, 22K, and 18K
- 24 Carat Gold: This is the purest form of gold, virtually 99.9% pure. It’s often used for investments like gold bars and coins, as it’s too soft for intricate jewelry.
- 22 Carat Gold: Also known as 916 gold, it contains 91.6% pure gold, with the remaining 8.4% typically being other metals like copper, silver, or zinc. These alloys add durability, making it ideal for crafting jewelry. The gold rates provided for 22K typically refer to this standard.
- 18 Carat Gold: This contains 75% pure gold and 25% other metals, offering even greater durability and is often used for diamond jewelry and intricate designs.