By Admin 
Gold price today: US President Donald Trump made a statement a day earlier amid uncertainty on tariffs that there would be no new duty on gold imports in the US. After his statement, there was a huge decline in gold prices internationally. In addition, after the constant fall in the US dollar and the estimated figures of inflation, it is believed that the Federal Reserve can cut interest rates in September.
Recently, due to decrease in geopolitical tension, there has been some decrease in the prices of gold and silver, although the ups and downs remain. The International Market recorded a decline in the international market on Wednesday, August 13, 2025, while the price of silver has remained above the last three weeks to one lakh rupees per kg in the international market on Wednesday, August 13, 2025 amidst expecting the expectation of the Ukrain-Russia war to come in the last phase.
Fresh sense of your city
Gold on MCX was being sold at a rate of Rs 1,00,236 per 10 grams during dawn trading, while the price of silver remained at Rs 1,14,265 per kg. According to the Indian Bullion Association, 24 carat gold is being sold at a rate of Rs 1,00,350 and 22 carat gold at a rate of Rs 91,988 per 10 grams, while silver (999 silver fine) is available at Rs 1,14,690 per kg.
In Mumbai, gold is being sold on bullion ₹ 1,00,170 per 10 grams, while on MCX in ₹ 1,00,192. Gold on bullion in Delhi is ₹ 1,00,000 and ₹ 1,00,192 per 10 grams at MCX. In Kolkata, gold is being sold on bullion ₹ 1,00,040 and ₹ 1,00,192 at MCX. In IT City Bangalore, gold is being sold at bullion at a rate of ₹ 1,00,250, while ₹ 1,00,192 per 10 grams at MCX.
Gold and silver prices are fixed daily and there are many reasons behind it. These mainly include the following factors:
Exchange rate and dollar price 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 Indian price of these metals. If the dollar is strong or the rupee weakens, then the price of gold in India increases.
Customs and tax
Most of the gold is imported in India. In such a situation, import duty, GST and other local taxes directly affect prices.
International Market Status
In the global market, the upheaval (eg war, economic recession or change in interest rates) directly affects the price of gold. At the time of uncertainty, investors choose a safe option like gold instead of unstable properties like shares.
Social and cultural significance of gold in India
Gold in India is not just a means of investment, but a part of tradition and cultural beliefs. Buying gold on marriage, festivals and auspicious occasions is considered auspicious. This increases demand and affects the price.
From the point of view of inflation and investment
Sona has been a better return option than inflation for a long time. When inflation increases or there is a risk in the stock market, people prefer to invest in gold, which keeps its demand and price.