Gold, Silver Rate Today, August 03: Gold prices continue to fluctuate amid the ongoing US war against Iran, causing uncertainty across global markets. According to the news agency IANS report, Gold prices dipped 1.16 per cent on a weekly basis as higher US Treasury yields and a firmer dollar capped safe‑haven demand. On Friday, MCX gold August futures gained 0.06 per cent while MCX silver September futures dipped 1.13 per cent. Currently gold futures stand at Rs 1,41,599, while silver futures stood at Rs 2,17,488 per kg, IANS reported. The price of 10 grams of 24-carat gold was at Rs 1,42,860 on Friday down from Rs 1,44,532 seen on Monday market opening, according to data published by the India Bullion and Jewellers Association (IBJA).
Gold and silver remained volatile through the week, with bullion briefly rallying around 2 per cent after the US Federal Reserve left interest rates unchanged. Gold later extended those gains into Thursday as the dollar softened later in the week. At present, Gold rates in New Delhi are Rs 14,436 (24K), Rs 13,224 (22K), and Rs 10,830 (18K) per gram. Gold rates in Mumbai are Rs 14,421 (24K), Rs 13,219 (22K), and Rs 10,815 (18K) per gram. Gold rates in Chennai are Rs 14,460(24K), Rs 13,255 (22K), and Rs 11,034 (18K) per gram. Gold rates in Kolkata are Rs 14,421 (24K), Rs 13,219(22K), and Rs 10,815 (18K) per gram.
Are gold prices at an all-time high or low? What is the latest update?
For our readers’ reference, Gold pricing in India is determined by both global and local factors. The international price of gold, the U.S. Dollar’s strength, and local jewelry consumption, especially around holidays, all determine gold’s intrinsic value. Consequently, the buyer in India must contend with listings that vary based on broader economic factors and seasonal market factors.
As of August 03, the Gold rates in Chennai are Rs 14,460 (24K), Rs 13,255 (22K), and Rs 11,034 (18K). Gold rates in Mumbai are Rs 14,421(24K), Rs 13,219(22K), and Rs 10,815(18K). Gold rates in New Delhi are Rs 14,436(24K), Rs 13,224 (22K), and Rs 10,830 (18K).
Gold rates in Kolkata are Rs 14,421 (24K), Rs 13,219 (22K), and Rs 10,815(18K).Moreover, Gold rates in Bangalore are Rs 14,421(24K), Rs 13,219(22K), and Rs 10,815(18K). Gold rates in Hyderabad are Rs 14,421(24K), Rs 13,219(22K), and Rs 10,815(18K). Gold rates in Kerala are Rs 14,421(24K), Rs 13,219(22K), and Rs 10,815(18K).
Today 24 Carat Gold Rate Per Gram in India (INR)
| Weight | 24K Gold | 22K Gold | 18K Gold |
|---|---|---|---|
| 1 gram | ₹14,421 (-₹1) | ₹13,219 (-₹1) | ₹10,815 (-₹1) |
| 8 grams | ₹1,15,368 (-₹8) | ₹1,05,752 (-₹8) | ₹86,520 (-₹8) |
| 10 grams | ₹1,44,210 (-₹10) | ₹1,32,190 (-₹10) | ₹1,08,150 (-₹10) |
| 100 grams | ₹14,42,100 (-₹100) | ₹13,21,900 (-₹100) | ₹10,81,500 (-₹100) |
Indian Major Cities Gold Rates Today (1 gram)
| City | 24K Gold (per gram) | 22K Gold (per gram) | 18K Gold (per gram) |
|---|---|---|---|
| Chennai | ₹14,460 | ₹13,255 | ₹11,034 |
| Mumbai | ₹14,421 | ₹13,219 | ₹10,815 |
| Delhi | ₹14,436 | ₹13,224 | ₹10,830 |
| Kolkata | ₹14,421 | ₹13,219 | ₹10,815 |
| Bengaluru | ₹14,421 | ₹13,219 | ₹10,815 |
| Hyderabad | ₹14,421 | ₹13,219 | ₹10,815 |
| Kerala | ₹14,421 | ₹13,219 | ₹10,815 |
| Pune | ₹14,421 | ₹13,219 | ₹10,815 |
| Vadodara | ₹14,426 | ₹13,224 | ₹10,820 |
| Ahmedabad | ₹14,426 | ₹13,224 | ₹10,820 |
| Jaipur | ₹14,436 | ₹13,224 | ₹10,830 |
| Lucknow | ₹14,436 | ₹13,224 | ₹10,830 |
| Coimbatore | ₹14,460 | ₹13,255 | ₹11,034 |
| Madurai | ₹14,460 | ₹13,255 | ₹11,034 |
| Vijayawada | ₹14,421 | ₹13,219 | ₹10,815 |
| Patna | ₹14,426 | ₹13,224 | ₹10,820 |
| Nagpur | ₹14,421 | ₹13,219 | ₹10,815 |
| Chandigarh | ₹14,436 | ₹13,224 | ₹10,830 |
| Surat | ₹14,426 | ₹13,224 | ₹10,820 |
| Bhubaneswar | ₹14,421 | ₹13,219 | ₹10,815 |
What are the silver rates alongside gold for August 03?
Currently, the price of silver in India is Rs 234.90 per gram and Rs 2,34,900 per kilogram. Although it is often less expensive than gold, silver is still a common choice for investors and jewelry buyers, especially in countries that buy more silver ornaments than gold. The price of silver also depends on the global market, as the demand for silver for industrial use and manufacturing also plays a large part in price fluctuations.
Today 24 Carat Silver Rate Per Gram in India (INR)
| Weight | Today | Yesterday | Change |
|---|---|---|---|
| 1 gram | ₹234.90 | ₹235.00 | -₹0.10 |
| 8 grams | ₹1,879.20 | ₹1,880.00 | -₹0.80 |
| 10 grams | ₹2,349.00 | ₹2,350.00 | -₹1.00 |
| 100 grams | ₹23,490.00 | ₹23,500.00 | -₹10.00 |
| 1 kg (1,000 grams) | ₹2,34,900.00 | ₹2,35,000.00 | -₹100.00 |