Gold prices fell on July 7 amid global uncertainties, with August contracts on the Multi Commodity Exchange (MCX) opening at ₹96,485 per 10 grams.
City | Price of 24k gold | Price of 22k gold |
Delhi | Rs 98,440/10g | Rs 90,250/10g |
Mumbai | Rs 98,290/10g | Rs 90,100/10g |
Chennai | Rs 98,290/10g | Rs 90,100/10g |
Kolkata | Rs 98,290/10g | Rs 90,100/10g |
Bengaluru | Rs 98,290/10g | Rs 90,100/10g |
Jaipur | Rs 98,440/10g | Rs 90,250/10g |
Lucknow | Rs 98,440/10g | Rs 90,250/10g |
Hyderabad | Rs 98,290/10g | Rs 90,100/10g |
Ahmedabad | Rs 98,330/10g | Rs 90,150/10g |
In the face of global uncertainty, gold prices fell. On July 7, the Multi Commodity Exchange of India (MCX) introduced gold contracts for August at Rs 96,485 per 10 kilos.According to Value Research statistics analyzed by Moneycontrol, gold, silver, and foreign equity mutual funds have produced exceptional one-year returns, surpassing even the top domestic stock fund.
With a return of 33.27 percent, gold funds topped the charts, followed by silver funds with a return of 20.43 percent. Out of all equity categories, international equity funds delivered the highest 18.33%. In contrast, the Parag Parikh ELSS Tax Saver Fund-Direct Plan-Growth, the top-performing domestic equities fund, yielded a 13 percent return.