Gold Prices Fall Sharply in Bullion Market, Silver Also Slightly Down

New Delhi, August 4 (H.S.) – A significant decline was observed in gold prices across domestic bullion markets today, with rates falling by ₹1,450 to ₹1,590 per 10 grams, pulling the price of gold back below the ₹1 lakh mark. Silver also saw a slight dip of ₹100 per kilogram.

Due to the drop in prices, 24-carat gold is now trading between ₹99,760 and ₹99,910 per 10 grams in most bullion markets across the country. Similarly, 22-carat gold is priced between ₹91,450 and ₹91,600 per 10 grams.

Meanwhile, silver is trading at ₹1,12,900 per kilogram in the Delhi bullion market, following the minor drop.

City-Wise Gold Prices (Per 10 Grams):

• Delhi:

  • 24-carat: ₹99,910

  • 22-carat: ₹91,600

• Mumbai:

  • 24-carat: ₹99,760

  • 22-carat: ₹91,450

• Ahmedabad:

  • 24-carat: ₹99,810

  • 22-carat: ₹91,500

• Chennai:

  • 24-carat: ₹99,760

  • 22-carat: ₹91,450

• Kolkata:

  • 24-carat: ₹99,760

  • 22-carat: ₹91,450

• Lucknow:

  • 24-carat: ₹99,910

  • 22-carat: ₹91,600

• Patna:

  • 24-carat: ₹99,810

  • 22-carat: ₹91,500

• Jaipur:

  • 24-carat: ₹99,910

  • 22-carat: ₹91,600

Other States:

In line with the nationwide trend, gold prices also declined in the bullion markets of Karnataka, Telangana, and Odisha. In the capital cities of Bengaluru, Hyderabad, and Bhubaneswar, 24-carat gold is trading at ₹99,760 per 10 grams, while 22-carat gold is at ₹91,450 per 10 grams.