Gold Prices Rise on August 7 as Global Economic Uncertainty Persists
Gold prices in India rose on August 7, 2026, as investors tracked global economic developments and inflation trends. The international bullion market also saw an increase in safe-haven demand due to uncertainty over future interest rate decisions by major central banks.
The domestic gold market remained steady despite the price rise, with jewellery demand holding firm. Analysts expect bullion prices to remain elevated in the near term due to ongoing global economic uncertainty.
As per the latest market rates, 24 carat gold is trading at around INR 1,49,870 per 10 grams, while 22 carat gold is priced near INR 1,37,410 per 10 grams across major Indian cities. Silver prices remained largely steady in the domestic market.
Market participants expect domestic bullion prices to stay firm amid persistent global economic uncertainty. Prospective buyers should verify live rates with local jewellers before making purchases, as actual prices may vary depending on GST and other factors.