Indian Gold Prices Near ₹1.50 Lakh, Silver Dips Below ₹2.4 Lakh

Gold and silver prices in India remained mixed on August 7, with gold rates nearing ₹1.50 lakh per 10 grams while silver prices fell below ₹2.4 lakh per kilogram.

The weakness in international bullion markets weighed on domestic rates, with gold prices hitting ₹1,49,740 per 10 gram and silver rates standing at ₹2,39,900 per kg.

On the Multi Commodity Exchange (MCX), gold futures were up by 0.44% at ₹1.49 lakh per 10 grams, whereas silver futures rose by around 1.02% to ₹2.28 lakh per kilogram.

Market participants will continue to track global economic data, US interest rate expectations, and currency movements for further direction in precious metal prices.