India, July 10 -- Gold prices are trading largely stable today, with spot gold hovering around $4,122 per ounce. In the domestic market, 24-karat gold is priced at approximately Rs.14,493 per gram, while 22-karat gold is trading near Rs.13,285 per gram. Despite today's steady movement, gold remains on track for a weekly decline as expectations of further US interest rate hikes continue to weigh on investor sentiment.

The average gold price in India today is around Rs.14,381 per gram for 24-karat gold and Rs.13,180 per gram for 22-karat gold. Retail gold prices also witnessed a modest rebound on Friday after experiencing sharp declines earlier this week.

In Delhi, today's gold rate is Rs.14,495 per gram for 24-karat gold (99.9% purity), ...