Gold Price Today LIVE: The Indian gold market had another robust day of trading on 7 August 2026, where gold and silver managed to continue their uptrend on growing optimism about global economic conditions, along with the possibility that the US Fed might postpone any monetary policy tightening and this rise was evident both in the domestic market and on the Multi Commodity Exchange (MCX).
On MCX, silver future contracts gained ₹8,040 per kg (3.56%) to reach ₹2,33,876 while the gold September future contract gained ₹2,271 (1.54%) to ₹1,49,793 per 10 grams. In the international market, the spot gold rate increased by about 1.6% to reach $4,308.92 an ounce, making it the highest performance in almost seven months with an increase of more than 6.6% and the domestic prices also saw a gain. The average all India rate is ₹14,989 per gram for 24K gold, ₹13,740 per gram for 22K gold and ₹11,242 per gram for 18K gold.
LIVE Gold Price Today | Domestic Gold Prices (India) – 07 August 2026
- 24K Gold: ₹14,989 per gram (+₹16)
- 22K Gold: ₹13,740 per gram (+₹15)
- 18K Gold: ₹11,242 per gram (+₹12)
- 24K Gold (10 grams): ₹1,49,890
- 22K Gold (10 grams): ₹1,37,400
- 18K Gold (10 grams): ₹1,12,420
- MCX Gold October Futures: ₹1,50,130 per 10 grams (+₹1,272)
- Spot Gold: $4,308.92 per ounce (+1.6%)
- Weekly Global Gain: More than 6.6%
18K Gold Price Trend In Delhi Today
| Particulars | Price |
| Current Price (1g) | ₹11,257 |
| Yesterday | ₹11,245 |
| Change | +₹12 |
| 10 Grams | ₹1,12,570 |
| Market Trend | Bullish |
22K Gold Price Trend In Delhi Today
| Particulars | Price |
| Current Price (1g) | ₹13,755 |
| Yesterday | ₹13,740 |
| Change | +₹15 |
| 10 Grams | ₹1,37,550 |
| Market Trend | Positive |
24K Gold Price Trend In Delhi Today
| Particulars | Price |
| Current Price (1g) | ₹15,004 |
| Yesterday | ₹14,988 |
| Change | +₹16 |
| 10 Grams | ₹1,50,040 |
| Market Trend | Strong |
Mumbai Gold Rate Today
- 24K Gold: ₹14,989 per gram
- 22K Gold: ₹13,740 per gram
- 18K Gold: ₹11,242 per gram
- 24K (10g): ₹1,49,890
- Market Trend: Positive
Chennai Gold Rate Today
- 24K Gold: ₹15,000 per gram
- 22K Gold: ₹13,750 per gram
- 18K Gold: ₹11,565 per gram
- Highest among major metro cities
- Demand remains firm
Bangalore Gold Rate Today
- 24K Gold: ₹14,989 per gram
- 22K Gold: ₹13,740 per gram
- 18K Gold: ₹11,242 per gram
- Prices rose sharply during the session
- Strong jewellery demand reported
Hyderabad Gold Rate Today
- 24K Gold: ₹14,989 per gram
- 22K Gold: ₹13,740 per gram
- 18K Gold: ₹11,242 per gram
- Stable retail buying continues
Kolkata Gold Rate Today
- 24K Gold: ₹14,989 per gram
- 22K Gold: ₹13,740 per gram
- 18K Gold: ₹11,242 per gram
- Prices remain in line with national average
Kerala Gold Rate Today
- 24K Gold: ₹14,989 per gram
- 22K Gold: ₹13,740 per gram
- 18K Gold: ₹11,242 per gram
- Wedding demand continues to support prices
Pune Gold Rate Today
- 24K Gold: ₹14,989 per gram
- 22K Gold: ₹13,740 per gram
- 18K Gold: ₹11,242 per gram
- Retail demand remains healthy
Ahmedabad Gold Rate Today
- 24K Gold: ₹14,994 per gram
- 22K Gold: ₹13,745 per gram
- 18K Gold: ₹11,247 per gram
- Prices traded slightly above national average
Vadodara Gold Rate Today
- 24K Gold: ₹14,994 per gram
- 22K Gold: ₹13,745 per gram
- 18K Gold: ₹11,247 per gram
- Gold prices witnessed steady buying
Jaipur Gold Rate Today
- 24K Gold: ₹15,004 per gram
- 22K Gold: ₹13,755 per gram
- 18K Gold: ₹11,257 per gram
- Trend remained positive
Lucknow Gold Rate Today
- 24K Gold: ₹15,004 per gram
- 22K Gold: ₹13,755 per gram
- 18K Gold: ₹11,257 per gram
- Retail sentiment remained upbeat
International Gold Rates Today
- Spot Gold: $4,308.92 per ounce
- Gold Futures (COMEX): $4,287.50 per ounce
- Weekly Gain: More than 6.6%
- Spot Silver: $61.26 per ounce
- Platinum: $1,720.75 per ounce
- Palladium: $1,363.50 per ounce
- Dollar Index remained marginally weaker
- Lower crude oil prices supported bullion demand
Major Indian Gold City Rates: 24K, 22K & 18K
| City | 24K | 22K | 18K |
| Delhi | ₹15,004 | ₹13,755 | ₹11,257 |
| Mumbai | ₹14,989 | ₹13,740 | ₹11,242 |
| Chennai | ₹15,000 | ₹13,750 | ₹11,565 |
| Kolkata | ₹14,989 | ₹13,740 | ₹11,242 |
| Bangalore | ₹14,989 | ₹13,740 | ₹11,242 |
| Hyderabad | ₹14,989 | ₹13,740 | ₹11,242 |
| Pune | ₹14,989 | ₹13,740 | ₹11,242 |
| Kerala | ₹14,989 | ₹13,740 | ₹11,242 |
| Ahmedabad | ₹14,994 | ₹13,745 | ₹11,247 |
| Vadodara | ₹14,994 | ₹13,745 | ₹11,247 |
Major Countries Gold Rates Today: 24K, 22K & 18K
| Country | Currency | 24K (1g) | 22K (1g) | 18K (1g) |
| Bahrain | BHD | 52.40 | 48.90 | 40.00 |
| Kuwait | KWD | 42.95 | 39.09 | 32.00 |
| Malaysia | MYR | 572.00 | 535.00 | 437.70 |
| Oman | OMR | 54.50 | 51.10 | 41.80 |
| Qatar | QAR | 515.50 | 475.00 | 388.60 |
| Saudi Arabia | SAR | 531.00 | 487.00 | 398.50 |
| Singapore | SGD | 185.90 | 169.80 | 138.90 |
| UAE | AED | 510.50 | 472.75 | 386.80 |
| United States | USD | 140.50 | 136.00 | 111.30 |
| Abu Dhabi | AED | 510.50 | 472.75 | 388.50 |
Gold Rate in India for Last 10 Days (1 Kg)
| Date | 24K Gold (1 Kg) | 22K Gold (1 Kg) |
| Aug 07 | ₹1,49,89,000 | ₹1,37,40,000 |
| Aug 06 | ₹1,49,73,000 | ₹1,37,25,000 |
| Aug 05 | ₹1,46,84,000 | ₹1,34,60,000 |
| Aug 04 | ₹1,44,00,000 | ₹1,32,00,000 |
| Aug 03 | ₹1,44,22,000 | ₹1,32,20,000 |
| Aug 02 | ₹1,44,22,000 | ₹1,32,20,000 |
| Aug 01 | ₹1,44,22,000 | ₹1,32,20,000 |
| Jul 31 | ₹1,44,60,000 | ₹1,32,55,000 |
| Jul 30 | ₹1,44,33,000 | ₹1,32,30,000 |
| Jul 29 | ₹1,43,51,000 | ₹1,31,55,000 |
MCX Performance
- The MCX Gold September Futures witnessed a climb of ₹2,271 (1.54%) to reach ₹1,49,793 per 10 grams.
- The MCX Gold October Futures were trading at ₹1,50,130 per 10 grams with a rise of ₹1,272 (0.85%).
- The October Gold futures trading volume was seen at 1,283 lots.
- The MCX Silver September Futures rose by ₹8,040 (3.56%) to ₹2,33,876 per kg.
- The spot gold gained 1.6% to ₹4,308.92 an ounce.
- The Gold futures on NYMEX climbed by 1.13% to $4,287.50 an ounce.
- Gold recorded its largest weekly gain in seven months, rising more than 6.6%.
Gold & Silver Price Today: Why Gold and Silver Are Rising?
The recent rise in the price of gold is due to a number of favourable global and local factors while exposure to safe haven investments rose after reports that the Fed may take a more accommodative approach towards interest rates. The weakening of the dollar has added to the attractiveness of dollar-denominated investments like gold and yet another reason behind the price rise has been the reduction in the tension in relation to the Strait of Hormuz, which resulted in the stabilization of energy prices. Brent crude fell to almost $81.74 per barrel, which led to a fall in the expectations of rising inflation rates.
A low inflation rate usually makes investors more confident about stable borrowing rates, which makes for an ideal environment for non-interest bearing assets like gold. The continued purchase of gold by speculators on MCX, along with a good physical demand in India’s jewellery market and have made the local prices rise.
Key Considerations for Buyers
- Compare prices among local jewellers before buying.
- Ensure BIS hallmark certificate on jewellery.
- Remember to account for making charges and GST when working out the cost.
- Think about investing in digital gold or gold ETFs.
- Observe the price trends of MCX and international bullion before placing an order.
- Do not engage in panic buying following sharp rallies.
- Investors should think of staggered buying rather than lump sum buying.
What Will Happen To Gold If Fed Begins Raising Rates?
In the past, sharp interest-rate increases by the Federal Reserve have made the yellow metal less attractive since they result in higher interest income. Similarly, an appreciating US dollar generally acts unfavourably on gold prices however the connection between higher interest rates and lower gold prices is not always that simple. If the levels of inflation stay high and uncertainty rises, gold may still attract investors despite the interest-rate increase.
Should You Buy Gold Today Or Hold Back in India?
- Long-term investors can continue their systematic buying.
- Traders need to be careful since there has been a rally recently.
- Seasonal demand may support domestic prices.
- Economic data from the world economy may cause further volatility.
- Investors must not chase quick price rises.
- Diversification is key rather than investing all in one type of security.
Silver Rates Today – 07 August 2026
- Silver Price: ₹240 per gram
- 10 Grams: ₹2,400
- 100 Grams: ₹24,000
- 1 Kilogram: ₹2,40,000
- Daily Change: No change
- Monthly Trend: Rising
- August Gain So Far: Around 2.13%
- Highest August Price: ₹2,40,000 per kg
- Lowest August Price: ₹2,35,000 per kg
Indian Major Cities Silver Rates Today
| City | 10 Gram | 100 Gram | 1 Kg |
| Delhi | ₹2,400 | ₹24,000 | ₹2,40,000 |
| Mumbai | ₹2,400 | ₹24,000 | ₹2,40,000 |
| Chennai | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Hyderabad | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Bangalore | ₹2,400 | ₹24,000 | ₹2,40,000 |
| Kolkata | ₹2,400 | ₹24,000 | ₹2,40,000 |
| Pune | ₹2,400 | ₹24,000 | ₹2,40,000 |
| Ahmedabad | ₹2,400 | ₹24,000 | ₹2,40,000 |
| Vadodara | ₹2,400 | ₹24,000 | ₹2,40,000 |
| Kerala | ₹2,500 | ₹25,000 | ₹2,50,000 |
Frequently Asked Questions
1. Why did gold prices rise today?
Gold gained on expectations of a softer US monetary policy, a weaker dollar, fresh speculative buying and firm global safe-haven demand.
2. Why did MCX silver jump by over ₹8,000?
Silver futures rallied because of strong investor participation on MCX alongside improving global bullion sentiment.
3. What is today’s 24K gold price in India?
The average retail price stands at ₹14,989 per gram on 7 August 2026.
4. What is today’s silver price in India?
Silver is trading at ₹240 per gram or ₹2,40,000 per kilogram.
5. Is this a good time to invest in gold?
Long-term investors may consider gradual accumulation, while short-term buyers should watch global economic data and US Federal Reserve policy signals before taking fresh positions.
Disclaimer: Gold rates are indicative and exclude GST/TCS/levies. Final purchase prices include 3% GST and making charges. Please verify with local jewellers for exact pricing.
