Business Desk – Gold Silver Price Today: Today is an important update for those preparing to buy gold and silver during the month of Sawan. Gold and silver prices rose on Tuesday, August 4, 2026. The rise in the international prices of both precious metals also affected the domestic market. The price of 24-carat gold in Delhi reached ₹1,44,360 per 10 grams. Silver prices also remained high.
Gold and Silver Rise on COMEX
Gold prices rose by 0.54 percent on the international commodity market COMEX at around 7:30 am on Tuesday. Gold was then trading at US$4,112.40 per troy ounce. Silver, on the other hand, rose by 1.97 percent to reach US$58.995 per troy ounce.
The impact may also be visible on MCX.
On Monday, August 3, 2026, gold closed at ₹1,42,900 per 10 grams on the domestic commodity market, MCX. Silver closed at ₹2,16,506 per kilogram. The impact of the rise in the international market may also be seen in MCX trading on Tuesday.
What was the gold price on IBJA?
According to the Indian Bullion and Jewelers Association (IBJA), on Monday, the price of 999 purity, i.e., 24-carat gold, closed at ₹14,256 per 10 grams. The price of 22-carat gold was recorded at ₹13,914 per 10 grams.
Today’s Gold Rate in Delhi, Mumbai, Chennai, and Indore
Gold prices varied slightly across major cities across the country. In Delhi, 24 carat gold is being sold at Rs 1,44,360, 22 carat at Rs 1,32,340 and 18 carat at Rs 1,08,300 per 10 grams.
In Mumbai, the price of 24 carat gold is Rs 1,44,210, 22 carat at Rs 1,32,190 and 18 carat at Rs 1,08,150 per 10 grams. In Chennai, 24 carat gold is trading at Rs 1,44,560, 22 carat at Rs 1,32,510 and 18 carat at Rs 1,10,660 per 10 grams. Whereas in Indore, the price of 24 carat gold is Rs 1,44,260, 22 carat at Rs 1,32,240 and 18 carat at Rs 1,08,200 per 10 grams. Gold prices in Kolkata are comparable to Mumbai. (Source: Good Returns)
What is the price of silver today?
The price of one kilogram of silver in Delhi, Mumbai, Kolkata, and Indore is ₹234,900. In Chennai, the price of silver is reported to be ₹234,900 per kilogram. (It’s best to verify this figure with an official source, as it’s significantly higher than in other cities.)
Why did gold and silver prices rise?
According to market experts, investors are closely monitoring ongoing developments in the Middle East. The US has indicated that talks with Iran are continuing to ease tensions. This has led to a softening of crude oil prices and a weakening of the dollar. These global cues also impacted the commodity market, leading to a rise in gold and silver prices.
What will be the impact on prices going forward?
Experts believe that if the talks between the US and Iran are successful, the market could stabilize. But if geopolitical tensions escalate again, investors may turn to gold and silver as safe havens. Furthermore, the impact of the US Federal Reserve’s next meeting and subsequent decisions on interest rates will also determine the direction of the bullion market in the coming days.