Amid rising expectations of a Fed rate cut and a weak dollar, gold prices have seen an increase. Find the updated 22-carat and 24-carat rates for your city, along with the latest silver prices.
August 14, 2025: The international gold market continued its upward momentum for a third consecutive session on Thursday, driven by growing investor confidence in a September interest rate cut by the U.S. Federal Reserve.
Price Of 22kt, 24kt Gold Prices In Your City
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 93,040 | Rs 1,01,490 |
| Jaipur | Rs 93,040 | Rs 1,01,490 |
| Ahmedabad | Rs 92,940 | Rs 1,01,390 |
| Patna | Rs 92,940 | Rs 1,01,390 |
| Mumbai | Rs 92,890 | Rs 1,01,340 |
| Hyderabad | Rs 92,890 | Rs 1,01,340 |
| Chennai | Rs 92,890 | Rs 1,01,340 |
| Bengaluru | Rs 92,890 | Rs 1,01,340 |
| Kolkata | Rs 92,890 | Rs 1,01,340 |
The rally was sparked by the release of tame U.S. consumer price data for July, which strengthened expectations for a more dovish stance from the central bank. Treasury Secretary Scott Bessent added to the sentiment, publicly stating there is a “good chance” the Fed will opt for a 50 basis-point reduction. According to data from LSEG, traders now see a September 17 rate cut as a near certainty, with some even placing around 6% odds on a larger half-point trim.
The news weighed on the U.S. dollar, which languished near multi-week lows against other major currencies. This made gold, which is priced in dollars, more attractive to international buyers. Spot gold saw a rise of 0.4%, hitting $3,367.53 per ounce, while U.S. gold futures for December delivery also climbed 0.3% to $3,416.70.
Non-yielding assets like gold typically thrive in a low-interest-rate environment, and with benchmark U.S. 10-year Treasury yields also holding near a one-week low, the conditions are set for the precious metal to extend its gains.