Gold Prices

Gold Prices See Marginal Dip on Bakrid – Check 22K and 24K Rates in Major Indian Cities

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Gold Prices
June 7, 2025 – On the occasion of Bakrid (Eid al-Adha), gold prices witnessed a marginal decline across several Indian cities. While demand for gold typically spikes during festive seasons and wedding months, today’s slight dip comes as a surprise to both buyers and investors tracking the bullion market.

If you’re planning to buy or invest in gold, knowing the latest rate is crucial—especially with changing market conditions and updated gold loan policies.

Current Gold Prices – 22 Carat and 24 Carat

As per the latest data from the bullion markets, 24-carat gold is priced at ₹98,120 per 10 grams, while 22-carat gold is retailing at ₹89,950 per 10 grams. In comparison, silver prices today stand at a significant ₹1,07,000 per kilogram, maintaining a steady upward trend.

This drop in gold price presents a timely opportunity for consumers to make purchases or investments, particularly during the festive mood of Bakrid.

Gold Loan Update: LTV Ratio Increased

In an important development for gold loan borrowers, the Loan-to-Value (LTV) ratio has been increased from 75% to 85%. This means, for every ₹1 lakh worth of pledged gold, borrowers can now avail loans up to ₹85,000, enhancing liquidity options for households and small businesses during times of financial need.

City-Wise Gold Prices in India – June 7, 2025

Here’s a snapshot of the 24K and 22K gold prices per 10 grams in seven key Indian cities:

  • Delhi: ₹98,120 (24K), ₹89,950 (22K)

  • Ayodhya: ₹98,120 (24K), ₹89,950 (22K)

  • Chandigarh: ₹98,120 (24K), ₹89,950 (22K)

  • Jaipur: ₹98,120 (24K), ₹89,950 (22K)

  • Mumbai: ₹97,970 (24K), ₹89,800 (22K)

  • Noida: ₹99,740 (24K), ₹91,440 (22K)

  • Ghaziabad: ₹99,740 (24K), ₹91,440 (22K)

Should You Buy Now?

With the festive season in full swing and prices dipping slightly, now may be a good time for those looking to buy gold for weddings, gifting, or investment purposes. However, it’s advisable to compare local rates and check for additional charges or making fees before finalizing any purchase.

For long-term investors, the revised gold loan policy also enhances gold’s role as a liquid financial asset—adding to its value beyond ornamental use.

Author Profile

Kuldeep Singh Chundawat
Kuldeep Singh Chundawat
My name is Kuldeep Singh Chundawat. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.