Gold Prices in India Dip on August 1 Amid Stable Silver Rates

The gold market in India experienced a slight decline on August 1, 2026. According to recent market updates, 24-carat gold prices dropped by ₹380 per 10 grams and 22-carat gold fell by ₹350 per 10 grams. The silver market remained relatively stable, with prices hovering around ₹2,35,000 per kg in most cities.

The current gold prices in India are as follows: 24-carat gold is priced at ₹1.44 lakh per 10 grams and 22-carat gold at ₹1.32 lakh per 10 grams across various major cities. The silver price remains constant at ₹2.35 lakh per kg.

It's recommended for buyers to check the latest city-wise rates before making a purchase as prices may vary slightly depending on local taxes and jewellers' margins.