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A decline in gold prices is being observed across the country. Prices have dropped in most cities on the first Monday of the holy month of Sawan. On the morning of August 3, the price of 24-carat gold in the capital, Delhi, fell to ₹1,44,360 per 10 grams. In Mumbai, the price stands at ₹1,44,210 per 10 grams. Over the past week, the price of 24-carat gold has dropped by ₹710, while the rate for 22-carat gold has come down by ₹750.

According to Reuters, the price of spot gold has risen in the international market, reaching $4,067.06 per ounce. This increase follows US President Donald Trump expressing hope for an early agreement with Iran and deciding to postpone any new attacks; these developments have somewhat eased concerns regarding inflation and high interest rates.

Gold rates in major cities across the country:

Gold price in Delhi: The price of 24-carat gold in Delhi is ₹1,44,360 per 10 grams, while the rate for 22-carat gold is ₹1,32,240 per 10 grams.

Mumbai and Kolkata: In Mumbai and Kolkata, the price of 22-carat gold is ₹1,32,190 per 10 grams, and the price of 24-carat gold is ₹1,44,210 per 10 grams.

Gold price in Chennai: The price of 24-carat gold is ₹1,44,600 per 10 grams, and the rate for 22-carat gold is ₹1,32,550 per 10 grams.

Prices in Pune and Bengaluru: In both these cities, the price of 24-carat gold is ₹1,44,210 per 10 grams, and the price of 22-carat gold is ₹1,32,190 per 10 grams. City    Today's Price of 22-Carat Gold (₹)    Today's Price of 24-Carat Gold (₹)
Delhi                   132,240                        144,360
Mumbai              132,190                        144,210
Ahmedabad       132,240                         144,260
Chennai             132,550                         144,600
Kolkata               132,190                         144,210
Hyderabad         132,190                         144,210
Jaipur                132,240                         144,360
Bhopal              132,240                          144,260
Lucknow            132,240                      144,360
Chandigarh    132,240    144,360

Silver Price

Silver prices have also declined within the country. On the morning of August 3, the price of silver stands at ₹234,900 per kilogram. Over the past week, its price has dropped by ₹5,000. According to Reuters, the price of spot silver in the international market has risen to $58.02 per ounce.

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