Gold Prices Rise Amid Geopolitical Uncertainty
Gold prices have risen on August 3, 2026, according to recent data. The Multi Commodity Exchange (MCX) saw a gain of 0.3 percent, with gold opening at Rs 1.43 lakh per 10 grams. As investors remain cautious about the geopolitical situation, experts believe gold has found support.
According to goodreturns.in, the current prices for gold in India stand at Rs 14,422 per gram for 24 karat gold (99.9% purity), Rs 13,220 per gram for 22 karat gold (91.6% purity), and Rs 10,816 per gram for 18 karat gold (75% purity).
The prices vary across different cities in India, with Chennai seeing a price of Rs 14,460 per gram for 24 karat gold and Mumbai at Rs 14,422 per gram. Experts attribute the rise in gold prices to investors' caution due to geopolitical tensions.