Gold Rate Today, July 10: Prices rebound; check 24, 22, 18 carat rates

Gold prices notched higher for the second straight day on Friday (July 10, 2026). According to GoodReturns.in, 24 carat gold moved higher in price by ₹380 to ₹1,44,820, while 22 carat gained by ₹350 to ₹1,32,750 per 10 gm. Similarly, 18 carat gold was priced higher by ₹290 at ₹1,08,620.

Over the last few days, gold has been moving in a narrow range between ₹1,40000 to ₹1,44,800 per 10 gm.

On July 10, 2026, gold prices per gm across major brands are as follows:

Joyalukkas: 24 carat gold quoted at ₹14,482 per gm, while 22 carat gold was priced at ₹13,275 per gm. Meanwhile, 18 carat gold was available at ₹10,861 per gm.

Kalyan Jewellers: 24 carat gold was priced at ₹14,482 per gm, while 22 carat gold was available for ₹13,275 per gm. Meanwhile, 18 carat gold was available at ₹10,862 per gm.

Malabar Gold: 24 carat gold at the jeweller is priced at ₹14,482, while 22 carat gold is available for ₹13,275 per gm.

India Bullion and Jewellers Association (IBJA): 999 gold closed previous day's session at 1,42,350 per 10 gm.

Factors influencing gold rate in India

On the MCX, gold prices were once again down in trade, with the precious yellow metal on course for a weekly decline. At around 11:00 am, gold August futures on the MCX traded with a cut of 0.41% or ₹592 at ₹1,44,708 per 10 gm.

Spot gold was down by 0.26% at $4,113.2, and was on track for a weekly loss of over 1%. Meanwhile, US gold August futures traded with a drag of 0.45% at $4,122.37 per ounce.

The weakness in the bullion persisted even as the US dollar fell to a one-week low today, with the greenback last trading marginally lower at 100.8.

A subdued dollar makes the dollar-priced bullion cheaper for other currency holders, boosting demand internationally.

Fresh escalation in the US-Iran war has stoked inflationary concerns and raised expectations of higher US interest rates.

Traders now forecast a 64% chance of a US Federal Reserve rate hike in September, up from nearly 54% a week-ago, according to the CME FedWatch Tool.

So, despite geo-political tensions, gains in the precious yellow-metal remain capped due to the likelihood of tighter monetary policy.

In the near term, gold prices will continue to be determined by developments in the US-Iran conflict, trajectory of the US dollar and treasury yield, and central bank policy outlook and path.