Gold Rate Today, July 9: Prices increase marginally; check 18, 22, 24 carat rates at major jewellers

Gold prices increased by a minor amount on Thursday (July, 9), following four days of continuous fall. According to GoodReturns.in at the time of writing the copy at around 10:45 am, the price of 24 carat gold increased by ₹110 to ₹1,43,240 per 10 grams. Similarly, 22 carat and 18 carat gold increased in price by ₹100 and ₹80, respectively, to ₹1,31,300 and ₹1,07,430 per 10 grams.

On July 9, 2026, gold prices per gm across major brands are as follows:

Joyalukkas: 24 carat gold quoted at ₹14,324 per gm, while 22 carat gold was priced at ₹13,130 per gm. Meanwhile, 18 carat gold was available at ₹10,743 per gm.

Kalyan Jewellers: 24 carat gold was priced at ₹14,313 per gm, while 22-carat gold was available for ₹13,120 per gm. Meanwhile, 18-carat gold was available at ₹10,735 per gm.

Malabar Gold: 24 carat gold at the jeweller is priced at ₹14,324, while 22 carat gold is available for ₹13,130 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

Gold prices continued their southward journey as renewed tensions between the US and Iran pushed oil prices higher. Amid renewed hostilities, prices surged about 7%, with Brent crude last trading higher by 1% at $78.8 per barrel.

Higher energy prices have reignited inflationary concerns, boosting both the dollar index and the US Treasury yields.

Last, the dollar index traded with a tad cut at 100.94. Stronger dollar makes dollar-priced bullion expensive for other currency holders, weighing on demand.

On the MCX, gold futures contract for delivery in August traded weak by 0.23% or ₹334 at ₹1,43,377 per 10 gm.

Internationally, spot gold was down by 0.43% at $4,059.87, while gold August futures traded with a drag of 0.36% at $4,067.6 per ounce.

Analysts are of the view that gold prices in the near term will be influenced by macroeconomic factors, geo-political developments and investor sentiment among others.