Gold Prices Steady in India Amid Global Geopolitical Tensions
Gold and silver prices in India remained relatively stable on August 4, 2026, as global markets reacted to geopolitical tensions in the Middle East and upcoming US economic data. Investors continued to favor precious metals as safe-haven assets, supporting domestic demand.
According to the latest bullion rates, gold traded above Rs 1.45 lakh mark in several cities, while silver prices held firm at elevated levels. International gold prices remained steady as traders assessed geopolitical tensions and US jobs data, factors influencing global markets.
Jewellers expect a healthy buying interest as consumers start planning purchases for the upcoming festive and wedding season. Although gold prices have eased from their record highs earlier this year, they remain significantly higher than year-ago levels. Analysts say movements in the US dollar, central bank policies, global inflation expectations, and geopolitical uncertainty will determine the near-term direction of both gold and silver prices.
Retail buyers should check city-wise rates before making jewellery purchases as prices vary depending on local taxes, transportation costs, and jewellers' pricing policies. Making charges and GST are charged separately on jewellery purchases.