Gold Silver Rate Today Aug 3: Check latest 24K, 22K gold and silver prices in Delhi, Mumbai, Chennai and other major Indian cities.
Gold Silver Rate: Gold and silver prices witnessed an upward movement on August 3, as investors remained focused on global economic developments and market trends. The precious metals market continued to see fluctuations due to factors such as international demand, currency movement, and expectations around global interest rates.
Gold remains a preferred investment option among consumers and investors, while silver prices also maintained strong levels across major Indian markets.
Gold Prices in Major Indian Cities on August 3
Gold rates vary depending on purity and location. The latest prices per gram are:
Delhi Gold Rate:
24K Gold: ₹14,437 per gram
22K Gold: ₹13,235 per gram
18K Gold: ₹10,831 per gram
Mumbai Gold Rate:
24K Gold: ₹14,422 per gram
22K Gold: ₹13,220 per gram
18K Gold: ₹10,816 per gram
Chennai Gold Rate:
24K Gold: ₹14,455 per gram
22K Gold: ₹13,250 per gram
18K Gold: ₹11,065 per gram
Bengaluru Gold Rate:
24K Gold: ₹14,422 per gram
22K Gold: ₹13,220 per gram
18K Gold: ₹10,816 per gram
Other cities including Kolkata, Pune, Hyderabad, Mysore, Visakhapatnam and Vijayawada also recorded similar gold prices, with minor variations based on local market conditions.
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Silver Price Today Across India
Silver prices remained steady at around ₹235 per gram and ₹2,35,000 per kilogram in major cities.
Silver Rate in Major Cities:
Delhi: ₹235/gram, ₹2,35,000/kg
Mumbai: ₹235/gram, ₹2,35,000/kg
Chennai: ₹235/gram, ₹2,35,000/kg
Bengaluru: ₹235/gram, ₹2,35,000/kg
Kolkata: ₹235/gram, ₹2,35,000/kg
Cities including Lucknow, Ahmedabad, Indore, Patna, Coimbatore and Kanpur also reported silver prices around the same level.
Factors Affecting Gold Silver Rate
Precious metal prices are influenced by several factors, including international bullion trends, changes in the US dollar value, interest rate expectations, and market demand. Any major movement in global markets can impact domestic gold and silver prices.
Experts advise consumers to check the latest local rates before purchasing jewellery or investing in precious metals, as prices may differ slightly due to taxes, making charges, and regional market conditions.
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