Gold Price Today on July 26: After a rapid hike in the gold rates in the past week, there is a sharp decline in the prices over this weekend. This has brought relief to the buyers as the wedding season is going to be soon. Most of the customers are now planning to buy gold as the rates have fallen below ₹1 Lakh.
22-Carat Gold Price: Decline of ₹5,000 per 100 grams
Revised Retail Prices (Per Gram):
⦿ Chennai – ₹9,160
⦿ Mumbai – ₹9,160
⦿ Delhi – ₹9,160
⦿ Kolkata – ₹9,175
⦿ Bengaluru – ₹9,160
⦿ Kerala – ₹9,160
⦿ Pune – ₹9,160
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24-Carat Gold Price: Decline of ₹5,500 per 100 grams
Revised Retail Prices (Per Gram):
⦿ Chennai – ₹9,993
⦿ Mumbai – ₹9,993
⦿ Delhi – ₹10,008
⦿ Kolkata – ₹9,993
⦿ Bengaluru – ₹9,993
⦿ Kerala – ₹9,993
⦿ Pune – ₹9,993
Gold Prices in Telugu States (Per Kilogram):
⦿ 22-Carat Gold: ₹91,600
⦿ 24-Carat Gold: ₹99,930
Cities Covered: Hyderabad, Karimnagar, Warangal, Vijayawada, Nellore, Tirupati, Kakinada
Is This the Right Time to Invest in Gold?
With gold prices dropping sharply after a steady rise, this could be a favorable opportunity for investors and buyers. Historically, price dips before festive or wedding seasons often lead to strong rebounds. If you’re planning long-term investments or jewellery purchases, this correction may be the right moment to enter. However, keep an eye on global trends and consult a financial advisor before making major investments.