By Admin 
Gold price today: On the one hand, the price of commercial LPG cylinder has been cut in the country as soon as the start of August, on the other hand, if you are planning to buy gold or silver, then this news can be good news for you. Today, on Friday, August 1, 2025, the prices of these two have declined.
Today 24 carat gold is around Rs 1,00,000 per 10 grams and its price has decreased by Rs 580 compared to tomorrow. At the same time, 22 carat gold is available in the market at the rate of Rs 91,800 per 10 grams. Silver has also become about Rs 3,000 cheaper and is trading around Rs 1,14,000 per kg today.
The fresh sense of your city-
Today, 24 carat gold is being sold at the rate of Rs 1,00,170 per 10 grams in the national capital Delhi, while 22 carat gold is trading at a price of Rs 91840. Similarly, gold is being sold in the markets of Chennai, Mumbai, Kolkata, Bangalore and Patna at Rs 1,00,020 per 10 grams. So at the same time 22 carat gold is available in Chennai, Mumbai, Kolkata, Bangalore and Patna at the rate of Rs 91,690.
How is the price of gold and silver decided?
Gold and silver prices are fixed on daily basis and many factors are responsible behind it. These mainly include the following causes: exchange rates and dollar prices fluctuations. Since the prices of gold and silver in the international market are fixed in the US dollars, the change in the dollar-rupaya exchange rate has a direct impact on the price of these metals.
If the price of the dollar increases or the rupee is weak, then the prices of gold in India increase. Most of the gold is imported in the night. In such a situation, import duty, GST and other local tax affect gold prices. In addition, in the global market, the upheaval (eg war, economic recession or change in interest rates) directly affects the price of gold. When uncertainty in the global market increases, investors choose safe options such as gold instead of shares or other unstable assets.
Also read: Bank Loan Fraud Case: Anil Ambani’s trouble increased in loan fraud case, ED issued summons for questioning on August 5