Gold Rate Today in India: Despite a surge in crude oil prices, gold and silver have gained value today due to strong demand. Regarding gold, after a single day of decline, the price of 10 grams of 24-carat gold dropped by ₹1,860 and 22-carat gold by ₹1,710 over two consecutive days; before this—and before a day of price stability on August 9—the price of 10 grams of 24-carat gold had risen by ₹8,350 and 22-carat gold by ₹7,650 over four consecutive days. On August 10, the price of 10 grams of 24-carat gold had decreased by ₹380 and 22-carat gold by ₹350.
As for today, the price of 10 grams of both 24-carat and 22-carat gold has increased by ₹10 in the national capital, Delhi. Silver has also seen a price rise today; following three days of stability, it has become costlier for the second consecutive day, with the price of one kilogram of silver climbing by ₹10,100 over this two-day period. City-wise Gold Prices
Let’s find out the price of 10 grams of gold (18-carat, 22-carat, and 24-carat purity) across 10 major cities in the country...
City 24-Carat Gold Price (10g) 22-Carat Gold Price (10g) 18-Carat Gold Price (10g)
Delhi ₹1,53,980 ₹1,41,160 ₹1,15,530
Mumbai ₹1,53,830 ₹1,41,010 ₹1,15,380
Kolkata ₹1,53,830 ₹1,41,010 ₹1,15,380
Chennai ₹1,54,380 ₹1,41,510 ₹1,19,310
Bengaluru ₹1,53,830 ₹1,41,010 ₹1,15,380
Hyderabad ₹1,53,830 ₹1,41,010 ₹1,15,380
Lucknow ₹1,53,980 ₹1,41,160 ₹1,15,530
Patna ₹1,53,880 ₹1,41,060 ₹1,15,430
Jaipur ₹1,53,980 ₹1,41,160 ₹1,15,530
Ahmedabad ₹1,53,880 ₹1,41,060 ₹1,15,430
Silver prices rise for the second consecutive day after three days of stability.
As for silver, prices have increased for the second consecutive day today, following three days of stability. Over these two days, the price of one kilogram of silver has risen by ₹10,100. Today in Delhi, the price of one kilogram of silver has risen by ₹100, bringing it to ₹2,55,100. In other major metropolitan cities like Mumbai and Kolkata, it is trading at the same rate. However, in Chennai, the price for a kilogram of silver stands at ₹2,60,100, making it the most expensive among the four major metros.
**What the experts say**
According to Pranav Mer, Senior Vice President of EBG Commodity and Currency Research at JM Financial Services, the shine of gold and silver could increase in the short term. Mer believes that the price of 10 grams of gold could reach ₹1.57 lakh and one kilogram of silver could hit ₹2.80 lakh. Gaurav Garg, Head of Research at Lemon Market Desk, states that investors are showing interest in gold ahead of the release of US inflation data, boosting its appeal, while investment and industrial demand for silver also remain strong. US inflation figures are scheduled to be released on August 12.
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