By Admin 
Gold price today: Due to the tariff, the global conditions are changing rapidly and along with this, the prices of gold and silver are also seeing fluctuations in recent times. Prices increase in morning business, while they fall slightly by the end of the day. However, 24 carat gold is still above Rs 1 lakh and this trend has been going on for the last few weeks. Silver has also crossed Rs 1 lakh per kg, which has increased concern among buyers- especially women.
Gold prices fluctuate
According to the Indian Bullion and Jewelers Association (IBJA), on August 8, 24 carat gold was Rs 1,00,942 per 10 grams and silver was Rs 1,14,732 per kg. The prices remained stable due to the market being closed on Saturday and Sunday. On Monday, August 11, a new price was released at 12 noon. According to the IBJA website, on August 8, 995 purity gold was being sold at the rate of Rs 92,463 and 750 purity gold at the rate of Rs 75,707 per 10 grams.
Gold is being sold by what sense
Today, gold prices in Delhi remain stable on 11 August 2025. 24 carat gold is trading at Rs 1,03,460 per 10 grams and 22 carat gold at Rs 94,850 per 10 grams. There has been no change in these prices compared to the previous day. This stability currently reflects the lack of any major ups and downs in the market. In such a situation, this time is to take a balanced decision for buyers, in which it will be beneficial to keep an eye on upcoming global economic indicators such as currency trends, interest rates and business tariffs.
How is the rate fixed?
The price of gold and silver depends mainly on factors such as the spot price fixed in the international market, dollar-rupaya exchange rate, import duty and tax, global economic conditions, India’s cultural demand and inflation. Internationally, the price of these metals is fixed in US dollars in exchanges like London Bullion Market and COMEX according to Troy ounces (about 31.1 g). Since most of the gold and silver are imported in India, the change in the dollar-rupaya exchange rate directly affects their prices; Prices increase when the rupee is weak. Apart from this, imports on imports, agricultural infrastructure development cess (AIDC) and GST are also added to the price.
Conditions such as war, economic recession, change in interest rates or banking crisis at globally make gold “safe haven” investment, which increases its demand and prices. In India, gold is not only investment, but due to being auspicious on marriage, festivals and religious occasions, its demand remains throughout the year. Also, when inflation increases, people prefer to invest in a property that can keep the price safe for a long time, and gold plays this role well.
Also read: New Income Tax Bill 2025: New Income Tax Bill will be offered in Lok Sabha today, what will happen special?