Check out the latest gold and silver prices in India and the US as of August 4, 2025. 24-carat gold rise to ₹1,00,440 per 10 grams, while silver rise to ₹1,11,500 per kg. Stay updated with city-wise rates and global trends!
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Gold and Silver Prices Today: A Quick Update for You
Hey there! If you’re keeping an eye on gold and silver prices, I’ve got the latest scoop for you as of August 4, 2025. Prices have seen a slight dip today, so let’s break it down in a way that’s super easy to understand. Whether you’re in India or curious about global trends, here’s everything you need to know!
Gold and silver prices: What’s Happening?
The price of 24-carat gold took a small hit today, dropping by ₹10. According to the GoodReturns website, you can now get ten grams of 24-carat gold for ₹1,01,340 in cities like Mumbai, Kolkata, and Chennai. If you’re in Delhi, it’s a bit higher at ₹1,01,490 for the same amount.
For those who prefer 22-carat gold (often used for jewelry), prices also slipped by ₹10. You’ll find ten grams selling at ₹92,890 in Mumbai, Kolkata, Bengaluru, Chennai, and Hyderabad. In Delhi, it’s slightly pricier at ₹93,040.
City-Wise Gold Prices in India
- 24-carat gold (10 grams):
- Mumbai, Kolkata, Chennai: ₹1,01,340
- Delhi: ₹1,01,490
- 22-carat gold (10 grams):
- Mumbai, Kolkata, Bengaluru, Chennai, Hyderabad: ₹92,890
- Delhi: ₹93,040
Silver Prices in India: A Small Dip
Silver prices also saw a slight decline today, with one kilogram now selling at ₹1,12,900 in Delhi, Kolkata, and Mumbai. If you’re in Chennai, though, you’ll pay a bit more—₹1,22,900 for the same amount. That’s a drop of ₹100 from the previous rates.
City-Wise Silver Prices in India
- Delhi, Kolkata, Mumbai: ₹1,12,900 per kg
- Chennai: ₹1,22,900 per kg
What’s Happening with Gold and Silver Globally?
Over in the US, gold prices took a breather after a big jump last Friday. Spot gold dropped by 0.3% to $3,351.80 per ounce, as investors cashed in on profits after weaker US jobs data sparked hopes of a Federal Reserve interest rate cut in September. Meanwhile, US gold futures edged up slightly to $3,404.80.
Silver, platinum, and palladium also saw declines:
- Spot silver: Down 0.5% to $36.83 per ounce
- Platinum: Down 0.6% to $1,307.25
- Palladium: Down 1.6% to $1,189.27
Why Are Prices Moving?
The recent dip in gold prices globally is tied to investors taking profits after a sharp rise triggered by US economic data. When the jobs report came in weaker than expected, it fueled bets that the Federal Reserve might cut interest rates soon, which typically boosts gold prices. However, today’s slight drop shows some folks are locking in their gains.
In India, gold and silver prices often follow global trends but are also influenced by local demand, taxes, and import costs. So, if you’re thinking of buying or selling, it’s a good idea to keep an eye on both local and international markets.
Should You Buy Gold or Silver Now?
I’m not a financial advisor, but I can tell you that gold and silver are often seen as safe bets during uncertain times. Whether you’re looking to invest or just want that shiny new piece of jewelry, today’s slight dip might catch your interest. Check with a trusted jeweler or financial expert to see what’s best for you!
Stay Updated with Gold and Silver Prices
Prices for gold and silver can change daily, so it’s smart to stay in the loop. You can check websites like GoodReturns for real-time updates or follow market news for bigger trends. If you want to dig deeper into global markets, keep an eye on US economic updates, as they often sway precious metal prices.
Final Note: I hope this quick update helps you stay on top of today’s gold and silver prices! Whether you’re planning to buy, sell, or just curious, knowing the latest rates is always handy. Got questions about gold, silver, or anything else? Let me know, and I’ll do my best to help!
DISCLAIMER: The views in this story are expressed by the respective experts of the research and brokerage firm. GoldSilverReports.com Online does not bear any responsibility for their advice. Please consult your investment advisor before investing.