Gold prices remained largely stable across leading jewellery retailers, while global economic indicators and US rate expectations continued to influence bullion market sentiment.
New Delhi: Gold prices remained broadly unchanged across India's leading jewellery retailers, offering some stability to buyers even as global economic developments continue to influence the precious metal's outlook.
In the retail market, gold is predominantly traded in two popular purities, 24-karat and 22-karat.
While 24-karat gold is considered the purest form of the precious metal, 22-karat gold remains the preferred choice for jewellery because the addition of alloyed metals improves its strength and durability.
Check the latest gold rates here:
| City | 24K Gold (₹ per 10gm) | 22K Gold (₹ per 10gm) |
| Delhi | ₹₹1,44,370 | ₹₹1,32,250 |
| Mumbai | ₹1,44,220 | ₹1,32,200 |
| Bengaluru | ₹1,44,370 | ₹1,32,250 |
| Kolkata | ₹1,44,220 | ₹1,32,200 |
| Hyderabad | ₹1,44,220 | ₹1,32,200 |
| Chennai | ₹1,44,370 | ₹1,32,250 |
Although retail prices have remained largely stable, market participants continue to monitor global economic indicators, expectations surrounding US interest rates and movements in major currencies, all of which are expected to influence the next direction of bullion prices.
Silver prices remained largely steady on August 2, mirroring the cautious trend seen in the broader precious metals market.
Retail silver rates continued to track movements in international bullion prices, the rupee's performance against the US dollar, and expectations around US interest rates.
Check the latest silver rates here:
| City | Silver (₹ per 100gm) | Silver (₹ per kg) |
| Delhi | ₹25,200
| ₹2,52,000 |
| Mumbai | ₹25,100 | ₹2,51,000 |
| Bengaluru | ₹24,700
| ₹2,47,000 |
| Kolkata | ₹24,700
| ₹2,47,000 |
| Hyderabad | ₹25,090 | ₹2,50,900 |
| Chennai | ₹25,300
| ₹2,53,000 |
Investors and buyers are expected to keep a close watch on economic data for further direction in silver prices.
Minor differences in prices across jewellery brands are typically driven by individual pricing strategies, procurement costs and regional market conditions, even as broader bullion trends continue to determine the overall movement in gold rates.
Published: 02 Aug 2026, 11:47 am IST
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