Gold Prices Remain Steady in India on August 5
Gold prices in India have remained steady on August 5, reflecting recent trends across domestic and global bullion markets. According to data from Good Returns website, retail prices for gold show minor fluctuations as the new month begins. The Minor shifts in retail gold rates follow a volatile trading session at the Multi Commodity Exchange (MCX) wrapping up July, where global bullion pressures impacted spot prices.
Nationwide figures indicate that 24-karat gold is trading at approximately 1,44,610 per 10 grams, while 22-karat gold stands at 1,32,560 per 10 grams. Market analysts note that domestic consumer demand remains resilient despite high absolute price points, as gold continues to serve as a traditional hedge against economic uncertainties.
Buyers planning purchases are advised to verify final billing details with local jewelers, as making charges and statutory levies differ by store and municipality. Gold prices in various cities across India are listed below: