Todays Gold Rate In India, 18, 22 & 24 Carat Price, Check Bullion Rates In Your City On August 7

On August 7, the price of gold in India today is ₹ 6,350 per gram for 22 karat gold and ₹6,927 per gram for 24 karat gold (also called 999 gold). This rate includes a premium for the highest purity gold, with 24-carat gold priced at Rs 69,270 per 10 grams. For those interested in jewelry, 22-carat gold, which is more durable due to its slight alloy mix, was priced at Rs 63,500 per 10 grams.

Meanwhile, 18k gold prices today dived by Rs 660 to Rs 52,280/10 grams and 100 grams of 18 carat yellow metal prices declined by Rs 6,600 to Rs 5,22,800.

The price of gold in Bangalore today is ₹ 6,350 per gram for 22 karat gold and ₹6,927 per gram for 24 karat gold (also called 999 gold).

Gold Rates in Bangalore

Silver Rate

Check Gold Price in Your City Today on 7th August 2024

Gold Price Today in Mumbai

• 22 Karat: ₹6389 per gram
• 24 Karat: ₹6970 per gram

Gold Price Today in Kolkata

• 22 Karat: ₹6389 per gram
• 24 Karat: ₹6970 per gram

Gold Price Today in Chennai

• 22 Karat: ₹6399 per gram
• 24 Karat: ₹6981 per gram

Gold Price Today in Delhi

• 22 Karat: ₹6404 per gram
• 24 Karat: ₹6985 per gram

Gold Price Today in Hyderabad

• 22 Karat: ₹6389 per gram
• 24 Karat: ₹6970 per gram

Gold Price Today in Gurugram

• 22 Karat: ₹6404 per gram
• 24 Karat: ₹6985 per gram

Gold Price Today in Lucknow

• 22 Karat: ₹6404 per gram
• 24 Karat: ₹6985 per gram

Gold Price Today in Ahmedabad

• 22 Karat: ₹6394 per gram
• 24 Karat: ₹6975 per gram

Gold Price Today in Jaipur

• 22 Karat: ₹6404 per gram
• 24 Karat: ₹6985 per gram

Gold Price Today in Thane

• 22 Karat: ₹6389 per gram
• 24 Karat: ₹6970 per gram

Gold Price Today in Surat

• 22 Karat: ₹6394 per gram
• 24 Karat: ₹6975 per gram

Gold Price Today in Pune

• 22 Karat: ₹6389 per gram
• 24 Karat: ₹6970 per gram

Gold Price Today in Nagpur

• 22 Karat: ₹6389 per gram
• 24 Karat: ₹6970 per gram

The government recently slashed customs duties on various products, including gold and silver.

The basic customs duty (BCD) on coins of precious metals, gold/silver findings, and gold and silver bars was reduced to 6% from 15%. It was cut to 5.35% from 14.35% for gold and silver dore.

India's reliance on imported gold largely influences domestic prices, which closely mirror global trends. Additionally, the cultural importance of gold in India, particularly during festivals and weddings, can impact demand levels.

Retail Cost of Gold in India

The retail price of gold in India, reflecting the final cost per unit weight for consumers, is influenced by various factors beyond the metal's intrinsic value.

Gold holds immense cultural importance in India, serving as a major investment and playing a crucial role in traditional weddings and festivals.

Amid ongoing market fluctuations, investors and traders closely monitor these dynamics.