Gold prices today in your city: Check prices in Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi and Kolkata on July 29
MCX Gold August 5 contracts traded 0.07 per cent up at ₹ 97618 per 10 grams, while MCX Silver September 5 contracts were 0.18 per cent up at ₹ 1,13,260 per kg around 9.10 am. While, the dollar index inched up by 0.10 per cent and stayed in the green, weighing on gold's demand.
Experts term gold and silver as 'safe haven' investments. Over the past 20 years, gold prices have skyrocketed by an impressive 1,200 per cent from ₹ 7,638 in 2005 to over ₹ 1,00,000 in 2025 (till June), and delivered positive returns in 16 of these years.
Further, silver has also proved resilient. Over the past 20 years (2005-2025), the metal has gained a solid 668.84 per cent.
The MCX gold index was at ₹ 97,620/10 gm at 9.41 am on July 29, the official website showed. Meanwhile, MCX silver prices were at ₹ 1,13,320/kg, it showed.
Further, 24-carat gold was priced at ₹ 98,140/10 gm, according to data on the Indian Bullion Association (IBA) at 9.30 am on July 29. Further, 22-carat gold was priced at ₹ 89,926/10 gms. Silver prices today are at ₹ 1,13,600/kg (Silver 999 Fine), as per the IBA website.
So, check here gold and silver prices in your city today on July 29 — Delhi, Kolkata, Mumbai, Hyderabad, Bengaluru, and Chennai. Notably, for retail customers, jewellers may add making charges, taxes and GST to the bill, which could hike the final price for you.
• Gold bullion rates in Mumbai— ₹ 98,000/10 gm.
• MCX Gold ratein Mumbai — ₹ 97,620/10 gm.
• Silver bullion rate in Mumbai— ₹ 1,13,320/kg.
• MCX Silver 999 rate in Mumbai — ₹ 1,13,320/kg.
• Gold bullion rates in New Delhi— ₹ 97,830/10 gm.
• MCX Gold rate in New Delhi — ₹ 97,620/10 gm.
• Silver bullion rate in New Delhi— ₹ 1,13,120/kg.
• MCX Silver 999 rate in New Delhi — ₹ 1,13,320/kg.
• Gold bullion rates in Kolkata— ₹ 97,870/10 gm.
• MCX Gold rate in Kolkata — ₹ 97,620/10 gm.
• Silver bullion rate in Kolkata— ₹ 1,13,170/kg.
• MCX Silver 999 rate in Kolkata — ₹ 1,13,320/kg.
• Gold bullion rates in Bengaluru— ₹ 98,080/10 gm.
• MCX Gold rate in Bengaluru — ₹ 97,620/10 gm.
• Silver bullion rate in Bengaluru— ₹ 1,13,430/kg.
• MCX Silver 999 rate in Bengaluru — ₹ 1,13,320/kg.
• Gold bullion rates in Hyderabad— ₹ 98,160/10 gm.
• MCX Gold rate in Hyderabad — ₹ 97,620/10 gm.
• Silver bullion rate in Hyderabad— ₹ 1,13,520/kg.
• MCX Silver 999 rate in Hyderabad — ₹ 1,13,320/kg.
• Gold bullion rates in Chennai— ₹ 98,290/10 gm.
• MCX Gold rate in Chennai — ₹ 97,620/10 gm.
• Silver bullion rate in Chennai— ₹ 1,13,670/kg.
• MCX Silver 999 rate in Chennai — ₹ 1,13,320/kg.
Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
12 hours ago
- Mint
MCX Q1 Results: Net profit soars 83% YoY to ₹203 crore; board approves stock split of 1:5 ratio
Multi Commodity Exchange of India (MCX), the country's leading commodity derivatives exchange, announced its financial performance for the June quarter on August 1, reporting a consolidated net profit of ₹ 203.20 crore, an 83% jump from ₹ 111 crore in the same period last year. Revenue from operations rose 60% YoY to ₹ 373 crore from ₹ 234 crore, while EBITDA increased 82% to ₹ 241.6 crore, with margins expanding by 870 basis points to 64.7%. The bullion segment boosted its share in Average Daily Turnover (ADT) from 23% to 44%, supported by the launch of new variants such as Gold Mini and Gold Ten Futures. Building on the positive response to its monthly Gold Options contracts, MCX also introduced Silver (30 kg) and Silver Mini (5 kg) monthly expiry contracts in collaboration with industry participants. Overall, ADT of futures and options surged 80% YoY to ₹ 3,10,775 crore from ₹ 1,72,759 crore. As per FIA data, MCX advanced to the position of the world's sixth-largest commodity exchange in 2024, up from seventh in 2023. Commenting on the financial results, Ms. Praveena Rai, Managing Director & CEO, MCX, said, 'We began this financial year on a positive note, demonstrating resilience, adaptability, and strategic focus amid a continuously evolving market environment. We've also witnessed increased participation from institutional clients and hedgers, especially from the MSME sector and physical market players, with our awareness and product innovation efforts." "We introduced new contracts, including electricity futures, and expanded the contracts in the bullion and agri segments, broadening the risk management spectrum for our stakeholders. We continue to work closely with our regulators and members to develop the commodity derivative market, improve physical market linkages, and enhance transparency. We remain focused on continuously strengthening technology and risk frameworks, which are an imperative and will serve us well in times to come," he further added. Along with announcing its June quarter results, the board also approved a subdivision (stock split) of one equity share of face value ₹ 10 each into five equity shares of face value ₹ 2 each. This will be the first-ever stock split in the company's history, subject to statutory, regulatory, and shareholder approvals. The record date for the stock split will be decided after shareholder approval and announced in due course. According to MCX, the move aims to enhance stock affordability and make shares more accessible to retail investors.
Time of India
13 hours ago
- Time of India
MCX announces 1:5 stock split as exchange reports record revenue in Q1
Multi Commodity Exchange (MCX) on Friday reported a 60% year-on-year jump in total income to Rs 405.82 crore for the quarter ended June 30 its highest-ever quarterly revenue. Alongside the robust earnings, the exchange's board approved a 1:5 stock split to make the stock more affordable and accessible to retail investors. Explore courses from Top Institutes in Please select course: Select a Course Category Management Degree MBA Leadership Data Science CXO PGDM Digital Marketing healthcare Product Management Data Analytics Operations Management Cybersecurity Technology Others Artificial Intelligence Data Science Project Management MCA Finance Public Policy Design Thinking Healthcare others Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK GMPBE India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Kozhikode CERT-IIMK General Management Programme India Starts on undefined Get Details Skills you'll gain: Duration: 9 Months IIM Calcutta CERT-IIMC APSPM India Starts on undefined Get Details The proposed split will reduce the face value of MCX shares from Rs 10 to Rs 2 each, subject to shareholder and regulatory approvals. The primary objective of a stock split is to make shares more affordable and liquid, especially for retail investors. When a company's stock price becomes too high, it may discourage small investors from buying in. By reducing the per-share price through a split, companies aim to increase participation, broaden the shareholder base, and improve trading volumes. Profit after tax in the first quarter rose 83% year-on-year to Rs 203.19 crore, while EBITDA stood at Rs 274.27 crore. The exchange's average daily turnover surged 80% year-on-year to Rs 3.1 lakh crore, driven by higher participation from institutional and MSME hedgers and a broader product offering. MCX MD and CEO Praveena Rai said the exchange began FY26 on a 'positive note,' adding that new products like Electricity Futures and expanded bullion and agri contracts had broadened the risk management landscape. MCX emerged as the world's largest commodity options exchange in 2024 and ranked sixth globally among commodity exchanges, up from seventh place in 2023, according to FIA data. Shares of MCX closed 1.2% lower on Friday.
Mint
14 hours ago
- Mint
MCX Q1 Results: Net profit soars 83% YoY to ₹203 crore; board approves stock split of 1:5 ratio
Multi Commodity Exchange of India (MCX), the country's leading commodity derivatives exchange, announced its financial performance for the June quarter on August 1, reporting a consolidated net profit of ₹ 203.20 crore, an 83% jump from ₹ 111 crore in the same period last year. Revenue from operations rose 60% YoY to ₹ 373 crore from ₹ 234 crore, while EBITDA increased 82% to ₹ 241.6 crore, with margins expanding by 870 basis points to 64.7%. The bullion segment boosted its share in Average Daily Turnover (ADT) from 23% to 44%, supported by the launch of new variants such as Gold Mini and Gold Ten Futures. Building on the positive response to its monthly Gold Options contracts, MCX also introduced Silver (30 kg) and Silver Mini (5 kg) monthly expiry contracts in collaboration with industry participants. Overall, ADT of futures and options surged 80% YoY to ₹ 3,10,775 crore from ₹ 1,72,759 crore. As per FIA data, MCX advanced to the position of the world's sixth-largest commodity exchange in 2024, up from seventh in 2023. Commenting on the financial results, Ms. Praveena Rai, Managing Director & CEO, MCX, said, 'We began this financial year on a positive note, demonstrating resilience, adaptability, and strategic focus amid a continuously evolving market environment. We've also witnessed increased participation from institutional clients and hedgers, especially from the MSME sector and physical market players, with our awareness and product innovation efforts." "We introduced new contracts, including electricity futures, and expanded the contracts in the bullion and agri segments, broadening the risk management spectrum for our stakeholders. We continue to work closely with our regulators and members to develop the commodity derivative market, improve physical market linkages, and enhance transparency. We remain focused on continuously strengthening technology and risk frameworks, which are an imperative and will serve us well in times to come," he further added. Along with announcing its June quarter results, the board also approved a subdivision (stock split) of one equity share of face value ₹ 10 each into five equity shares of face value ₹ 2 each. This will be the first-ever stock split in the company's history, subject to statutory, regulatory, and shareholder approvals. The record date for the stock split will be decided after shareholder approval and announced in due course. According to MCX, the move aims to enhance stock affordability and make shares more accessible to retail investors. Disclaimer: The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
