Gold-Silver Price Today: In the domestic market today, gold is trading around ₹97,200 per 10 grams and silver around ₹1,06,600 per kilogram.
The futures trading of gold on July 2, 2025, started weakly. The August delivery gold contract on the Multi Commodity Exchange (MCX) opened at ₹97,242 per 10 grams, which was ₹9 less than its previous closing price of ₹97,251. In the initial hours of trading, gold fell to ₹97,157, which was the lowest level of the day. The highest level of the day was ₹97,242.
At the time of writing this report, this contract was trading at ₹97,187, down by ₹64. Gold had touched a high of ₹1,01,078 per 10 grams this year, which makes it clear that there is currently a slowdown in the market.
Decline in silver prices also recorded
Silver prices also saw weakness. The September delivery silver contract on the MCX opened at ₹1,06,684 per kg, which was ₹29 less than the previous closing price of ₹1,06,713. During trading, it had touched a high of ₹1,06,690 and a low of ₹1,06,617.
At the time of writing, this contract was trading at ₹1,06,617 per kg, down by ₹96. The futures price of silver had reached ₹1,09,748 per kg this year, which is much higher than the current price.
Gold also under pressure in the international market
Gold started with a rise in the international market, but later came under pressure. The futures price of gold on COMEX opened at $3,350 per ounce, while the previous closing price was $3,349.80 per ounce.
However, at the time of writing, gold was trading at $3,348.70 per ounce, down by $1.10. Gold had touched an all-time high of $3,509.90 per ounce this year in the international market.
Weak start for silver in the international market as well
The futures price of silver on COMEX also started weakly. Silver opened at $36.08 per ounce, while the previous closing price was $36.23 per ounce. During trading, it was trading at $36.19 per ounce, down by $0.04.
This makes it clear that there is pressure on the prices of gold and silver in both domestic and international markets.
Weak global signals also affected the domestic market
Due to the weak signals from global markets, there is also a slowdown in the domestic market. The rise in the dollar index and the uncertainty regarding interest rates are affecting the prices of gold and silver.
In addition, investors are now eyeing the economic data coming from the United States and the next meeting of the Federal Reserve, which will determine the future direction.
What were the prices of gold and silver in different markets?
Platform Opening Price Previous Closing Price Price at the time of writing
MCX (Gold) ₹97,242 ₹97,251 ₹97,187
MCX (Silver) ₹1,06,684 ₹1,06,713 ₹1,06,617
COMEX (Gold) $3,350 $36.23 $36.19
Trading below the highest level of the year
The current prices of gold and silver are much lower than the highest levels of this year. Gold has fallen below the level of ₹1,01,078 per 10 grams, while silver is also trading below the highest price of ₹1,09,748 per kg.
