The month of August begins with a bullish trend for gold prices. While 24K gold has jumped by ₹400 to reach ₹1,44,220 per 10 grams, silver prices have remained unchanged.
Key Takeaways
- 24K Gold price has reached ₹1,44,220 per 10 grams.
- Gold prices saw a hike of ₹400 (0.28%) today.
- Silver prices remain stable at ₹23,50,000 per kg.
- Both 22K and 18K gold rates have also increased.
New Delhi: The month of August has kicked off with a significant rally in gold prices. As investors look toward safe-haven assets, the bullion market is witnessing an upward trend. Today, August 1, 2026, the price of 24-karat gold rose to ₹1,44,220 per 10 grams, marking an increase of ₹400 from yesterday's rate of ₹1,43,820.
Gold Rate Breakdown: 22K and 18K Trends
The surge in pure gold has had a ripple effect across all purity levels. 22-karat gold, which is the preferred choice for jewelry due to its durability, is currently trading at ₹1,32,200 per 10 grams. Similarly, 18-karat gold, often used for intricate designer pieces, has also seen a price uptick, reaching ₹1,08,160 per 10 grams.
Why This Matters
BozokMedia analysis shows that the upward movement in gold is likely driven by shifting global economic sentiments and increased domestic demand at the start of the new month. For consumers, this volatility means timing jewelry purchases becomes crucial for budget management.
The steady climb in gold prices reflects a cautious approach by investors amidst global market fluctuations.
Silver Market Update: Stability Prevails
In contrast to the gold market, the silver market is showing signs of consolidation. Silver prices have remained unchanged today, holding steady at ₹23,50,000 per kilogram. This lack of movement suggests a balanced supply-demand dynamic in the industrial and precious metal sectors.
| Metal Type | Current Rate (per 10g/kg) | Change |
|---|---|---|
| 24K Gold | ₹1,44,220 (10g) | +₹400 |
| 22K Gold | ₹1,32,200 (10g) | +₹400 |
| 18K Gold | ₹1,08,160 (10g) | Increased |
| Silver | ₹23,50,000 (1kg) | Stable |
Frequently Asked Questions
1. How much did gold prices increase today?
The price of 24K gold increased by ₹400 per 10 grams today.
2. Is silver also becoming more expensive?
No, silver prices have remained stable at ₹23,50,000 per kilogram.
