Gold and Silver Rates Today: Gold prices remain elevated in India while silver is trading around ₹2.30 lakh per kg in the retail market. The latest available MCX data from Friday, August 7, showed gold futures closing at around ₹1.52 lakh per 10 grams after a strong session.
Gold and Silver Rates Today
According to the latest market data, the indicative national gold rate is around:
- 24K gold: ₹1,49,860 per 10 grams
- 22K gold: ₹1,38,990 per 10 grams
Some latest August 8 data puts the 22K rate at about ₹13,819 per gram and 24K gold at about ₹15,087 per gram.
MCX Gold Price Today
The latest available MCX data is from Friday, August 7, because August 8 falls on Saturday. MCX gold was quoted at approximately ₹1,51,850 per 10 grams, up 2.01% in the latest available session. The day’s range was ₹1,49,164 to ₹1,52,580, while the previous close was ₹1,48,858.
MCX Gold: Key Levels
- Latest price: ₹1,51,850/10 grams
- Previous close: ₹1,48,858/10 grams
- Day’s high: ₹1,52,580
- Day’s low: ₹1,49,164
- Day’s change: +2.01%
- Open: ₹1,49,355
Gold and Silver Rates Today, August 7: Latest MCX Updates, City-Wise Gold Prices
Silver Rate Today
Silver is currently around ₹2,30,000 per kg in the Indian retail market. August 8 data shows:
- Silver: ₹230 per gram
- 10 grams: ₹2,300
- 100 grams: ₹23,000
- 1 kg: ₹2,30,000
MCX Silver Price
The latest available MCX data shows the August 31 silver contract around ₹2.27 lakh per kg. Economic Times data records the SilverM contract at ₹2,27,493, while the previous session had closed at ₹2,29,064.
Gold Rate: City Wise
- Delhi: 22K ₹13,840/g | 24K ₹14,532/g
- Mumbai: 22K ₹13,840/g | 24K ₹14,532/g
- Chennai: 22K ₹13,750–13,900/g | 24K ₹14,438–14,585/g
- Hyderabad: 22K ₹13,750–13,900/g | 24K ₹14,438–14,585/g
- Bengaluru: 22K ₹13,850/g | 24K ₹14,543/g
- Kolkata: 22K ₹13,890/g | 24K ₹14,585/g
- Jaipur: 22K ₹13,840/g | 24K ₹14,532/g
- Ahmedabad: 22K ₹13,844/g | 24K ₹14,536/g
- Lucknow: 22K ₹13,890/g | 24K ₹14,585/g
Silver Rate: City Wise
- Delhi: ₹2,314.20/10g
- Mumbai: ₹2,313.60/10g
- Chennai: ₹2,313.60/10g
- Kolkata: ₹2,313.60/10g
- Bengaluru: ₹2,315.40/10g
- Ahmedabad: ₹2,316.70/10g
- Hyderabad: ₹2,313.60/10g
- Pune: ₹2,313.60/10g
Gold Price Trend: What Has Changed This Week?
Gold has recorded a strong weekly move. Economic Times data shows 24K gold rising from approximately ₹14,431 per gram at the start of the August 3-8 week to ₹14,985 per gram, a weekly increase of about 3.84%.
For 22K gold, the corresponding move was from ₹13,385 to ₹13,898 per gram, or roughly 3.83%. Silver has also moved sharply higher over the past week. Data shows the retail silver rate increasing from ₹2,18,000 per kg on August 3 to ₹2,30,000 per kg on August 8. That represents a rise of approximately ₹12,000 per kg in less than a week.
Should You Buy Gold or Silver Today?
There isn’t one single solution for every buyer. Jewellery buyers should check the local day rate, look at making charges, GST and the purity before buying. For investors or traders, MCX futures are different in risk level compared with simply buying physical gold or silver. Price ups and downs and leverage can both boost gains and also magnify losses in a direct way.
