Gold became cheaper on Thursday, the price of silver also reduced; Learn what is the latest rate in your city?

Gold price today: Gold prices in the country saw a decline on Thursday. Today, the price of 22 carat gold in Mumbai is Rs 90,990 per 10 grams and 24 carat gold is priced at Rs 99,270 per 10 grams. The price of silver has also come down to Rs 1,13,900 per kg with a decline of Rs 100.

However, MCX gold futures (ending August 5, 2025) were seen trading at Rs 97,428 per 10 grams with a decline of 0.54 percent. Whereas silver (ending September 5, 2025) is trading at Rs 1,11,841 per kg.

Today is the price of gold in these cities

Today, 22 carat gold per 10 grams per 10 grams per 10 grams is being sold at the rate of Rs 90,990 in cities like Mumbai, Hyderabad, Chennai, Bangalore and Kolkata. At the same time, 10 grams of gold of 24 carats here is Rs 99,270. The gold rate in Ahmedabad and Patna is the same today. Here 22 and 24 carat gold is priced at Rs 91,100 and 99,380 respectively. The price of 22 carat gold per 10 grams in Jaipur is Rs 91,150, while the price of 24 carat gold of the same gram is Rs 99,480 today.

Gold imports declined

Reuters quoted sources in their report as saying, India’s gold imports in June have come down by 40 percent to a low of more than two years as compared to a year ago. Demand has decreased due to record surge in prices. On the condition of anonymity, a government official informed that India’s second largest gold consumer India’s imports decreased to 21 tons, which is the lowest since April 2023.

Gold imports in June declined from $ 2.48 billion to $ 1.84 billion. In the last ten years, India has imported 52.4 tonnes of gold in June. According to the trade ministry data, India’s gold imports fell 30 percent to 204.1 tonnes in the first half of 2025, which is the lowest since the first half of 2020, when the lockdown was installed due to the corona epidemic.

How is the price of gold decided in India?

Gold prices in India are fixed on the basis of fluctuations in rates, import duty, tax and exchange rate in international markets. Gold in India is not only important from the point of view of investment, but it is considered necessary and auspicious to procure during marriage and many other festivals.

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