Rates of precious metals in futures opened lower on Wednesday, July 10, 2026, amid a fall in spot demand and fresh US-Iran tensions. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 410 or 0.28 per cent at Rs 1,44,890 per 10 grams against the previous close of Rs 1,45,300. It fell further to an intraday low of Rs 1,44,400, down Rs 900 or 0.61 per cent. In between, it touched an intraday high of Rs 1,45,061. Last seen, it was trading at Rs 1,44,430, down Rs 870 or 0.60 per cent.
On the MCX, the yellow metal futures for October 2026 were down by Rs 1,161 or 0.78 per cent to trade at Rs 1,47,348 per 10 grams in business turnover of 3402 lots.ย
“MCX Gold opened with a mild gap down and is trading near the โน1,45,000 mark, reflecting a cautious undertone. Immediate support is placed at โน1,44,000โโน1,43,600, followed by the โน1,43,000โโน1,42,500 zone. On the upside, immediate resistance is placed at โน1,45,000โโน1,45,500, while a sustained move above this zone could extend the recovery toward โน1,46,200โโน1,46,600. Overall, the near-term outlook remains cautious, with prices needing to break above the immediate resistance zone to improve momentum,” Ponmudi R, CEO of Enrich Money.
Silver Price On MCXย ย
Similarly, the silver futures, maturing on September 4, 2026, opened almost flat. It began the trading session at Rs 2,26,368 against the previous close of Rs 2,26,377, a drop of Rs 9 or 0.36 per cent. It later fell to the intraday low of Rs 2,22,600. Last seen, it was trading at Rs 2,23,075 with a drop of Rs 3,302 or 1.46 per cent.ย ย
Gold Price in the International Marketย
In the international market, the COMEX gold price slipped 0.64 per cent to approximately USD 4,114.5 per troy ounce. The spot gold price at 12 noon was USD 4,106.36 per ounce, down by USD 25.54 or 0.62 per cent.ย
Check Gold, Silver Prices In Major Cities
Gold price in Delhiย ย
In Delhi, the 24-carat gold price was quoted at Rs 1,44,950 per 10 grams. For 22-carat gold, the consumer would have to spend Rs 1,32,900 per 10 grams.
Gold price in Mumbai
In Mumbai, 24-carat gold was available at Rs 1,44,820 per 10 grams, while 22-carat gold stood at Rs 1,32,750 per 10 grams.ย
Gold price in Kolkata
The 24-carat gold price in Kolkata today was Rs 1,44,820 per 10 grams, while the rate for 22-carat gold was Rs 1,32,750 per 10 grams.ย ย
Gold price in Chennai
In Chennai, the 24-carat gold was available for Rs 1,45,640 per 10 grams. For 22-carat gold, the rate was Rs 1,33,500 per 10 grams.
Silver prices in Delhi
The price of silver per kg in the national capital was Rs 2,40,000.ย
Silver price in Mumbai
In Mumbai, the consumer would have to pay Rs 2,40,000 per kg today to buy the precious metal.
Silver price in Kolkata
In Kolkata, the price of 1 kg of silver stood at Rs 2,40,000.ย
Silver price in Chennai
In Chennai, the price of the precious metal stood at Rs 2,45,000 per kg.
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(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)