{"id":2922,"date":"2025-08-07T04:50:00","date_gmt":"2025-08-07T04:50:00","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/08\/07\/gold-rate-today-august-7-yellow-metal-rises-on-mcx-check-rates-in-your-city-savings-and-investments-news\/"},"modified":"2025-08-07T04:50:00","modified_gmt":"2025-08-07T04:50:00","slug":"gold-rate-today-august-7-yellow-metal-rises-on-mcx-check-rates-in-your-city-savings-and-investments-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/08\/07\/gold-rate-today-august-7-yellow-metal-rises-on-mcx-check-rates-in-your-city-savings-and-investments-news\/","title":{"rendered":"Gold Rate Today, August 7: Yellow Metal Rises On MCX | Check Rates In Your City | Savings and Investments News"},"content":{"rendered":"


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Last Updated:<\/span>

Gold Price Today, August 7: In Mumbai, the price of gold stands at Rs 94,000 per 10 grams for 22-carat and Rs 1,02,550 per 10 grams for 24-carat.<\/h2>\n
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Gold Price Today, August 7.<\/p>\n<\/figure>\n

Gold, Silver Prices In India Today, August 7: <\/strong>Gold and silver prices rose on Thursday, supported by renewed safe-haven demand after US President Donald Trump slapped an additional 25% tariff on Indian imports, escalating trade frictions. In Mumbai, the price of gold stood at Rs 94,000 per 10 grams for 22-carat and Rs 1,02,550 per 10 grams for 24-carat.<\/p>\n

The price of silver jumped by Rs 1,000 to Rs 1,17,000 per kg.<\/p>\n

In the futures market on the MCX, gold futures (expiring on August 5, 2025) were trading higher by 0.24% at Rs 1,01,505 per 10 gram, while silver (expiring on September 5, 2025) jumped by 0.53% to trade at Rs 1,14,252 per kg.<\/p>\n

What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On August 7?<\/strong><\/p>\n

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\n\n\n\n\n\n\n\n\n\n\n\n\n\n
City<\/th>\n22K Gold (per 10gm)<\/th>\n24K Gold (per 10gm)<\/th>\n<\/tr>\n<\/thead>\n
Delhi<\/td>\nRs 94,150<\/td>\nRs 1,02,700<\/td>\n<\/tr>\n
Jaipur<\/td>\nRs 94,150<\/td>\nRs 1,02,700<\/td>\n<\/tr>\n
Ahmedabad<\/td>\nRs 91,740<\/td>\nRs 1,02,600<\/td>\n<\/tr>\n
Patna<\/td>\nRs 94,050<\/td>\nRs 1,02,600<\/td>\n<\/tr>\n
Mumbai<\/td>\nRs 94,050<\/td>\nRs 1,02,550<\/td>\n<\/tr>\n
Hyderabad<\/td>\nRs 94,000<\/td>\nRs 1,02,550<\/td>\n<\/tr>\n
Chennai<\/td>\nRs 94,000<\/td>\nRs 1,02,550<\/td>\n<\/tr>\n
Bengaluru<\/td>\nRs 94,000<\/td>\nRs 1,02,550<\/td>\n<\/tr>\n
Kolkata<\/td>\nRs 94,000<\/td>\nRs 1,02,550<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

International Gold Prices<\/strong><\/h2>\n

In the international market, gold rose on Thursday, supported by renewed safe-haven demand after US President Donald Trump slapped an additional 25% tariff on Indian imports, escalating trade frictions.<\/p>\n

US spot gold was up 0.4% at $3,380.76 per ounce as of 0247 GMT. US gold futures gained 0.3% to $3,443.30.<\/p>\n

Trump on Wednesday slapped an additional 25% tariff on imports of Indian goods, citing New Delhi\u2019s continued buying of Russian oil, deepening a trade rift between the two nations after talks reached a deadlock.<\/p>\n

The new import tax, effective 21 days after August 7, will raise duties on some Indian exports to as high as 50% \u2013 among the highest levied on any U.S. trading partner.<\/p>\n

Adding to gold\u2019s support, the dollar index hovered near a more than one-week low after surprisingly weak U.S. jobs data last week triggered bets for U.S. rate cuts in September. A weaker dollar makes gold less expensive for holders of other currencies.<\/p>\n

Traders are now pricing in a 94% chance of a 25-basis point rate cut next month, according to the CME Group\u2019s FedWatch Tool.<\/p>\n

What Factors Affect Gold Prices In India?<\/strong><\/p>\n<\/div>\n

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International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.<\/p>\n

In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.<\/p>\n

With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.<\/p>\n

(With Inputs from Reuters)<\/em><\/strong><\/p>\n<\/div>\n

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<\/span><\/p>\n

Mohammad Haris<\/a><\/p>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Stay updated with all the latest business news, including\u00a0market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates\u2014only on News18. Also\u00a0Download the\u00a0News18 App<\/a>\u00a0to stay updated!<\/span><\/div>\n

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Last Updated:August 07, 2025, 10:17 IST Gold Price Today, August 7: In Mumbai, the price of gold stands at Rs 94,000 per 10 grams for 22-carat and Rs 1,02,550 per 10 grams for 24-carat. Gold Price Today, August 7. Gold, Silver Prices In India Today, August 7: Gold and silver prices rose on Thursday, supported…<\/p>\n","protected":false},"author":1,"featured_media":1042,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-2922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/2922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=2922"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/2922\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/1042"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=2922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=2922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=2922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}