Gold price today, August 5: Check latest 22K, 24K gold & silver rates
As of August 5, 2026, gold prices in India stand at ₹14,575 per gram for 24-karat gold (99.9% purity), ₹13,360 per gram for 22-karat gold (91.6% purity), and ₹10,931 per gram for 18-karat gold (75% purity). Gold continues to be regarded as a reliable hedge against inflation, with investors increasingly viewing the precious metal as an important long-term investment options.
Latest gold and silver prices across major cities
| City | 24K Gold (₹/1g) | 22K Gold (₹/1g) | Silver (₹/kg) |
|---|---|---|---|
| Delhi | ₹14,590 | ₹13,375 | ₹2,40,000 |
| Mumbai | ₹14,575 | ₹13,360 | ₹2,40,000 |
| Kolkata | ₹14,575 | ₹13,360 | ₹2,40,000 |
| Chennai | ₹14,575 | ₹13,360 | ₹2,40,000 |
| Bengaluru | ₹14,575 | ₹13,360 | ₹2,40,000 |
| Hyderabad | ₹14,575 | ₹13,360 | ₹2,40,000 |
Gold prices remained largely stable across major Indian cities on August 5, 2026, with 24-karat gold priced at ₹14,575 per gram in Mumbai, Kolkata, Chennai, Bengaluru, and Hyderabad, while Delhi recorded a marginally higher rate of ₹14,590 per gram. Similarly, 22-karat gold was priced at ₹13,360 per gram in most metro cities, with Delhi quoting a slightly higher price of ₹13,375 per gram.
Meanwhile, silver prices were uniform across the six major cities, trading at ₹2,40,000 per kilogram in Delhi, Mumbai, Kolkata, Chennai, Bengaluru, and Hyderabad. The largely unchanged rates indicate a stable trend in the domestic precious metals market, with only minor regional variations in gold prices driven by local taxes and other market factors.
Why are gold and silver prices stable?
The precious metals market remained range-bound as investors awaited fresh signals from international markets.
Gold prices continue to be influenced by several global and domestic factors, including:
- US Federal Reserve policy expectations
- International spot gold prices
- Inflation trends
- Strength of the US dollar
- Geopolitical developments
- Rupee-dollar exchange rate
- Import duties and GST
Silver prices, meanwhile, remained supported by both investment demand and industrial consumption, making the metal more sensitive to manufacturing activity than gold.
What buyers should know
Experts advise buyers to compare prices across jewellers before making purchases, as making charges vary significantly between retailers.
(Disclaimer: Gold and silver prices are indicative and may vary by city, jeweller, making charges, GST and market fluctuations. Readers are advised to verify the latest rates with their local jeweller or authorised bullion dealer before making any purchase or investment decision.)