Gold rate today, August 10: 24K, 22K gold prices fall marginally; silver rises
Gold Rate Today: Gold prices in India were trading mixed on Monday, August 10, with both 24-karat and 22-karat gold rates showing a marginal decline across major cities. Silver prices, meanwhile, moved higher in the domestic bullion market.
According to data from goodreturns.in, 24K gold was priced at Rs 1,51,970 per 10 grams on Monday, while 22K gold stood at Rs 1,39,300 per 10 grams.
For buyers tracking the market before purchasing gold jewellery, coins or bars, the latest city-wise prices show a relatively narrow difference across major Indian markets. Chennai recorded the highest gold rate among the cities listed.
24K Gold Price Today: City-Wise Rates
| City | 24 K | 22 K |
| Chennai | ₹15,218 | ₹13,950 |
| Hyderabad | ₹15,197 | ₹13,930 |
| Bengaluru | ₹15,197 | ₹13,930 |
| Mumbai | ₹15,197 | ₹13,930 |
| Delhi | ₹15,212 | ₹13,945 |
| Kolkata | ₹15,197 | ₹13,930 |
Silver Rate Today in India
Silver prices moved higher on Monday. Silver was priced at Rs 2,45,000 per kg.
Silver 999 fine has gained around 4.34% over the past month and more than 100% over the past year, based on the data provided.
Silver Price Today: City-Wise Rates
| City | 10 g |
| Chennai | ₹2,500 |
| Hyderabad | ₹2,500 |
| Bengaluru | ₹2,450 |
| Mumbai | ₹2,450 |
| Delhi | ₹2,450 |
| Kolkata | ₹2,450 |
Chennai and Hyderabad recorded the highest silver rate among the cities listed.
Why Are Gold Prices Moving Today?
Gold prices were under pressure in international markets on Monday as investors booked profits after the metal climbed to a seven-week high in the previous session.
Investors were also watching upcoming US inflation data for clues about the Federal Reserve's interest rate path.
Spot gold was down 0.5% at $4,322.28 per ounce, while US gold futures declined 0.4% to $4,381.60. Gold prices had touched their highest level since June 17 on Friday following weaker-than-expected US jobs data.
The US dollar was also trading near a two-month low against major currencies as investors awaited the inflation data.
Geopolitical developments were another factor in focus. Iranian Foreign Minister Abbas Araghchi said Tehran was not currently holding direct talks with the US to end the war with Iran and reopen the Strait of Hormuz, despite Washington's assertions that a deal was near, according to a CNBC US report.
MCX Gold, Silver Rates Today
On the Multi Commodity Exchange (MCX), gold was trading 0.70% lower at Rs 1,52,050 per 10 grams around 9:13 am on August 10.
MCX silver futures, meanwhile, were trading around 0.90% higher at Rs 2,33,030 per kg at the same time.