Gold and Silver Prices in India Today, 7 August 2026: Gold at ₹151,330, Silver at ₹235,170 as Both Rally Sharply
Gold and silver rates today in India, 7 August 2026. 24K gold trades at ₹151,330 per 10g and silver at ₹235,170 per kg, as both rally sharply on strong Comex gains. Check city wise rates and MCX data below.
24K gold is trading at ₹151,330 per 10 grams today, up sharply from yesterday. Silver has surged to ₹235,170 per kilogram. MCX gold rose 1.56% to ₹151,185 per 10g, while MCX silver jumped 3.78% to ₹234,363 per kg. Comex gold gained 1.57%, and Comex silver spiked 5.00% overnight, and today's rally is being driven by strong bets on a US rate cut this month.
City-wise Gold and Silver Rate Today in India, 7 August 2026
| City | 22K Gold (per 10g) | 24K Gold (per 10g) | Silver (per kg) |
|---|---|---|---|
| Delhi | ₹138,719 | ₹151,330 | ₹235,170 |
| Mumbai | ₹138,719 | ₹151,330 | ₹235,170 |
| Chennai | ₹138,719 | ₹151,330 | ₹235,170 |
| Hyderabad | ₹138,719 | ₹151,330 | ₹235,170 |
| Bengaluru | ₹138,719 | ₹151,330 | ₹235,170 |
| Kolkata | ₹138,719 | ₹151,330 | ₹235,170 |
| Pune | ₹138,719 | ₹151,330 | ₹235,170 |
| Ahmedabad | ₹138,719 | ₹151,330 | ₹235,170 |
| Lucknow | ₹138,719 | ₹151,330 | ₹235,170 |
| Jaipur | ₹138,719 | ₹151,330 | ₹235,170 |
Note: These rates are indicative. Jewellery prices add making charges and GST on top. Chennai typically carries a small premium over other cities.
Muskaan Kapoor
Gold Price Today: What Changed
24K gold is at ₹151,330 per 10g today. On MCX, gold is at ₹151,185 per 10g, up ₹2,327, or 1.56%. The session high was ₹151,278, and the low was ₹149,164. Comex gold is at $4,367.30 an ounce, up 1.57% on the day.
Gold has now risen across every comparison period, with the sharpest jump seen over the past year.
| Period | Price (₹/10g) | Change |
|---|---|---|
| Today | 151,330 | — |
| 1 Day Ago | 149,100 | 🟢▲ +1.50% |
| 1 Week Ago | 143,410 | 🟢▲ +5.52% |
| 1 Month Ago | 144,150 | 🟢▲ +4.98% |
| 1 Year Ago | 101,790 | 🟢▲ +48.67% |
Silver Rate Today: What Changed
Silver is at ₹235,170 per kg today. On MCX, silver is at ₹234,363 per kg, up ₹8,527, or 3.78%. The session high was ₹234,700, and the low was ₹227,481. Comex silver is at $64.69 an ounce, up 5.00% on the day.
Silver has outpaced gold today, gaining sharply across every time frame, including a jump of more than 100% over the past year.
| Period | Price (₹/kg) | Change |
|---|---|---|
| Today | 235,170 | — |
| 1 Day Ago | 226,630 | 🟢▲ +3.77% |
| 1 Week Ago | 218,130 | 🟢▲ +7.81% |
| 1 Month Ago | 223,320 | 🟢▲ +5.31% |
| 1 Year Ago | 115,600 | 🟢▲ +103.43% |
MCX Gold and Silver Rate Today
Gold Futures
| Metal | MCX Price | Change | High | Low |
|---|---|---|---|---|
| Gold (₹/10g) | 151,185 | 🟢▲ +2,327.00 (+1.56%) | 151,278 | 149,164 |
| Comex Gold ($/oz) | 4,367.30 | 🟢▲ +67.70 (+1.57%) | 4,375.90 | 4,288.00 |
Silver Futures
| Metal | MCX Price | Change | High | Low |
|---|---|---|---|---|
| Silver (₹/kg) | 234,363 | 🟢▲ +8,527.00 (+3.78%) | 234,700 | 227,481 |
| Comex Silver ($/oz) | 64.69 | 🟢▲ +3.08 (+5.00%) | 64.75 | 61.42 |
Source: Bullions.co.in, last updated 7 August 2026, 15:20 IST.
MCX gold and silver are both trading near their session highs, which points to strong buying momentum. Silver's sharper rise on Comex today suggests it is catching up after lagging gold earlier in the week. Traders will likely watch for follow-through in tonight's Comex session.
Weekly Gold and Silver Performance
It has been a strong week for both metals, with silver outperforming gold.
| Metal | This Week's Close | Last Week's Close | Change |
|---|---|---|---|
| Gold (₹/10g) | 151,330 | 143,410 | 🟢▲ +5.52% |
| Silver (₹/kg) | 235,170 | 218,130 | 🟢▲ +7.81% |
Key Reasons Behind Today's Price Move
Here is what is driving prices today:
- Comex Gold Jumps 1.57%: Gold on Comex rose to $4,367.30 an ounce on growing bets of a US rate cut this month.
- Comex Silver Spikes 5.00%: Silver on Comex surged even more than gold, catching up sharply after lagging in recent sessions.
- MCX Gold Tracks Comex Gains: MCX gold rose 1.56% to ₹151,185 per 10g, mirroring the international rally.
- MCX Silver Outpaces Gold: MCX silver jumped 3.78% to ₹234,363 per kg, its biggest one-day move this week.
- Weekly Rally Builds Momentum: Both metals are ending the week sharply higher, adding to gains built up since Monday.
FAQs
Why did gold and silver prices rise so sharply in India today, 7 August 2026?
Both metals rallied hard because Comex gold and silver jumped on strong bets of a US rate cut this month. MCX followed with similar gains, and silver's rise was even bigger than gold's.
Why did silver rise faster than gold today?
Comex silver spiked 5.00% against a 1.57% rise in Comex gold, so silver simply had more catching up to do. This pushed MCX silver up 3.78% against MCX gold's 1.56% gain.
Is this a good week to buy gold or silver after such a sharp rally?
Both metals are up sharply this week, so buying everything at once carries some risk of a short term pullback. Spreading purchases across a few sessions over the next few weeks is a safer approach.
