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Commodities

Gold Prices Hold Firm in India Amid Geopolitical Tensions

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Gold and silver prices in India remained relatively stable on August 4, 2026, as investors continued to favor precious metals as safe-haven assets. Global geopolitical developments and upcoming US economic data had a minor impact on gold and silver prices.

The latest bullion rates show that 24-carat gold traded above the Rs 1.45 lakh mark in several cities, while 22-carat gold remained above Rs 1.33 lakh per 10 grams. Silver prices also held firm at elevated levels due to industrial demand and global market trends.

International gold prices stayed steady as traders assessed geopolitical tensions and upcoming US jobs data. Analysts say that movements in the US dollar, central bank policies, global inflation expectations, and geopolitical uncertainty will continue to determine the near-term direction of both gold and silver prices.

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