By Admin 
Gold price today: US President Donald Trump has announced a 25 percent base tariff over India, due to purchasing oil from Russia and 25 percent additional tariffs, which will be applicable from August 27. After this announcement of tariff, gold prices have gained momentum. Today, on August 7, 2025, 24 carat gold is being sold in the Indian market at a rate of Rs 1,02,550 per 10 grams, compared to Rs 1,02,330 a day earlier. That is, the rate has increased by Rs 220.
Similarly, today 22 carat gold is trading at Rs 94,000 per 10 grams, which was Rs 93,800 a day earlier. That is, it has increased by Rs 200. At the same time, 18 carat gold is available today at Rs 76,910, while its price was Rs 76,750 a day earlier. That is, it has increased by Rs 160. For the purpose of investment, most people shop for 24 carat gold.
The latest sense of your city:
Today, 24 carat gold is being sold at the rate of Rs 1,02,700 per 10 grams in Delhi, Jaipur, Lucknow and Chandigarh, while 22 carat gold is available at Rs 94,150 and 18 carat gold at Rs 77,040 per 10 grams.
In the markets of Chennai, Mumbai, Kolkata, Bangalore, Hyderabad, Kerala, Pune, Nagpur, Bhubaneswar and Visakhapatnam, 24 carat gold is trading at the rate of Rs 1,02,550, 22 carat gold 94,000 and 18 carat gold at the rate of Rs 77,600 per 10 grams.
How is the rate fixed?
Gold and silver prices are fixed daily and many important factor are responsible behind it. This includes dollar price fluctuations, exchange rates, customs and international market status. When there is economic or political uncertainty in the global market, investors like to withdraw money from shares or other risky means and invest in a safe option like gold, which increases its demand and goes up.
In India, gold is not only economic, but also social and cultural significance. Gold is considered auspicious on marriage, festivals and religious occasions. Apart from this, gold near a family is also considered a symbol of their economic condition and prosperity. Gold has established itself as a reliable investment option by giving better returns from time to time than inflation. This is the reason that its demand always remains and all these aspects have a mixed effect on its price.
Also read: In addition to Trump, 25% tariff Indian rupee, today again so strong against dollar