By Admin 
Gold price today: The meeting of US President Donald Trump and Russian President Vladimir Putin last week may have been inconclusive on the Ukraine ceasefire, but after that there have been indications of decrease in geopolitical tension. For this reason, on Monday 18 August 2025, there was a decline in the price of gold and silver in the domestic market. Today 24 carat gold is being sold at the rate of Rs 1,02,000 per 10 grams and 22 carat gold at the rate of Rs 92,740 per 10 grams. At the same time, silver is also available at Rs 100 cheap to Rs 1,16,100 per kg.
Fresh sense of your city
In the national capital Delhi and Jaipur, 24 carat gold is being sold at Rs 1,01,330 and 22 carat gold at Rs 92,900. The price of 24 carat gold in Ahmedabad and Patna is available at Rs 1,01,230 and 22 carat gold at Rs 92,800. Similarly, with the financial capital Mumbai, 24 carat gold is trading at Rs 1,01,170 and 22 carat gold at Rs 92,740 in Hyderabad, Chennai, Bangalore and Kolkata.
Experts say that due to lack of international stress, the trend of investors can be reduced by gold that is considered safe investment. If this trend continues, then there can be more softness in gold prices in the coming days.
How is the rate fixed?
Gold and silver prices vary daily and many global and domestic factors work behind them. The biggest reason is the dollar-rupaya exchange rate. In the international market, the price of gold and silver is fixed in US dollars, so when the dollar is strong or the rupee is weak, the prices of gold in India increase.
The second major factor is customs and tax. India is the largest importer of gold, so import duty, GST and local tax directly affect its prices. Apart from this, the status of international market also changes prices. If there is a big change in war, economic recession or interest rates in the world, then investors choose gold as a safe option. At such a time, both demand and price of gold increases.
There is another special aspect of gold in India – its social and cultural significance. Buying gold on weddings, festivals and auspicious occasions is considered a tradition. Due to this, the demand for gold in India is always high and prices are affected. Finally, the approach to inflation and investment also gives direction to the price of gold. When inflation increases, people turn to gold for safe investment, because for a long time it is considered to be a better return option. This is the reason why gold is always attractive to investors.
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