Gold prices continue to remain volatile amid global uncertainties. Gold's August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 97,389 per 10 grams on July 3.
Let's check the latest prices of 10 grams of 22 carat and 24 carat gold in major cities of the country on July 3:
| City | Price of 24k gold | Price of 22k gold |
| Delhi | Rs 99,480/10g | Rs 91,200/10g |
| Mumbai | Rs 99,330/10g | Rs 91,050/10g |
| Chennai | Rs 99,330/10g | Rs 91,050/10g |
| Kolkata | Rs 99,330/10g | Rs 91,050/10g |
| Bengaluru | Rs 99,330/10g | Rs 91,050/10g |
| Jaipur | Rs 99,480/10g | Rs 91,200/10g |
| Lucknow | Rs 99,480/10g | Rs 91,200/10g |
| Hyderabad | Rs 99,330/10g | Rs 91,050/10g |
| Ahmedabad | Rs 99,380/10g | Rs 91,100/10g |
"The metal found support after the U.S. Senate approved the widely watched “Big Beautiful Bill”, while U.S. private sector job data showed a decline in Jun’25. Market focus now shifts to the upcoming Non-Farm Payrolls data, which is expected to guide bullion's direction for the rest of the month," said Axis Securities.
Notably, gold, silver and international equity mutual funds have delivered standout one-year returns, outperforming even the best domestic equity fund, according to Value Research data analysed by Moneycontrol.
Gold funds led the charts with a return of 33.27 percent, followed by silver funds at 20.43 percent. International equity funds delivered 18.33 percent, the highest among equity categories. In comparison, the best-performing domestic equity fund, Parag Parikh ELSS Tax Saver Fund - Direct Plan - Growth, returned 13 percent.
Also read: Our LIVE blog on stock market updates
Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.
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