Gold and Silver Prices in India Today, 1 August 2026: Rates Slip as Weekly and Monthly Losses Widen
Gold and silver rates in India are steady today, 1 August 2026, with 24K gold at ₹1,43,410 per 10 grams and silver at ₹2,18,130 per kilogram. Silver is down over 6 per cent for the month as MCX stays shut for the weekend. Check city-wise rates and this week's price trend inside.
Gold and silver prices in India are unchanged today compared to Friday's close, with both bullion markets and MCX shut for the Saturday weekend. Rates have eased over the past week, with silver now down more than 6 per cent for the month.
Gold and Silver Rates in Major Indian Cities Today
| City | Gold 24K (₹/10g) | Gold 22K (₹/10g) | Silver 999 (₹/kg) |
|---|---|---|---|
| Delhi | 1,43,410 | 1,31,459 | 2,18,130 |
| Mumbai | 1,43,410 | 1,31,459 | 2,18,130 |
| Kolkata | 1,43,410 | 1,31,459 | 2,18,130 |
| Chennai | 1,43,410 | 1,31,459 | 2,18,130 |
| Bangalore | 1,43,410 | 1,31,459 | 2,18,130 |
| Hyderabad | 1,43,410 | 1,31,459 | 2,18,130 |
| Pune | 1,43,410 | 1,31,459 | 2,18,130 |
| Ahmedabad | 1,43,410 | 1,31,459 | 2,18,130 |
| Jaipur | 1,43,410 | 1,31,459 | 2,18,130 |
| Lucknow | 1,43,410 | 1,31,459 | 2,18,130 |
Rates as per Bullions.co.in, last updated Saturday, 1 August 2026, 12:55 IST. Local jewellers may add making charges, GST, and city-specific premiums.
Muskaan Kapoor
Have Gold and Silver Prices Risen Today?
No, prices are flat today itself, since there is no fresh retail trading on a Saturday. Gold 24 karat is unchanged at ₹1,43,410 per 10 grams, and silver is steady at ₹2,18,130 per kilogram, both level with Friday's close. Looking at the wider trend, both metals have slipped over the week, with gold down 0.24 per cent and silver down 2.12 per cent compared to a week ago. Over the past month, the losses are steeper, with gold down 1.88 per cent and silver down 6.52 per cent. Year on year, both remain sharply higher, with gold up 43.70 per cent and silver up 97.31 per cent.
Gold Rate Analysis for Retail Buyers
Gold has eased to ₹1,43,410 for 24 karat per 10 grams after a quiet week. For jewellery buyers, 22 karat gold is trading at ₹1,31,459 per 10 grams today. The monthly dip remains modest for gold compared to silver, suggesting the metal is holding relatively steady even as global cues turn softer.
Silver Rate Analysis and Weekly Trend
Silver is trading at ₹2,18,130 per kilogram today, having given back over 6 per cent of its value in the past month. The metal has fallen faster than gold on both the weekly and monthly measures, though it remains close to double its level from a year ago.
MCX Closed Today as Markets Observe Weekend Holiday
MCX does not trade on Saturdays, so there is no fresh futures session today. The last traded MCX gold price stood at ₹1,43,344 per 10 grams, down 0.02 per cent, while MCX silver settled at ₹2,17,488 per kilogram, down 1.13 per cent. Trading will resume on Monday.
Key Factors Driving Prices This Week
Comex gold in the US fell 1.49 per cent, and Comex silver dropped 2.10 per cent in the latest session, reflecting a broadly weaker tone in global bullion markets. A firmer US dollar and easing safe haven demand have weighed on both metals, pulling them off their recent highs even as the longer-term yearly uptrend stays intact.
Buying Tips for Today
With silver down over 6 per cent for the month, buyers who have been waiting for a correction may find current levels worth considering, particularly for silver. Keep an eye on Monday's MCX opening for the next signal on direction. Always check purity certification and making charges carefully before any jewellery purchase.
FAQs
Are gold and silver prices up today?
No, prices are flat today itself since markets are shut on Saturday, and both are down for the week.
Is MCX open today?
No, MCX is closed on Saturdays and will reopen on Monday.
How much have prices fallen this month?
Gold is down 1.88 per cent and silver is down 6.52 per cent compared to a month ago.
