Gold rate today: Yellow metal's prices drop; check the latest rates in your city on July 7

Gold prices dropped amid global uncertainties. Gold's August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 96,485 per 10 grams on July 7.

Let's check the latest prices of 10 grams of 22 carat and 24 carat gold in major cities of the country on July 7:

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: Gold ETFs become Corporate safe haven as hedge against uncertainty