Gold and silver prices saw a slight dip on Tuesday, providing some relief to buyers. The rate of 24-carat gold fell by ₹114 to ₹15,378.9 per gram, while 22-carat gold dropped by ₹104.43 to ₹14,087.07 per gram. Silver prices also followed a similar trend, slipping by ₹1,924 to ₹2,50,895 per kg.
Looking at recent trends, 24-carat gold's rate changed by 0.19 per cent in the last one week, whereas it changed by 10.19 per cent in the last month. The gold August 2026 MCX futures were trading at ₹156250.0 per 10 gm, down by ₹0.15 at the time of publishing. The silver July 2026 MCX futures were trading at ₹256169.0 per kg, down by ₹0.64 at the time of publishing.
Gold and silver prices are affected by a range of factors, including input from major jewelers, global demand for gold, currency variations, interest rates, and government policies. International factors such as the state of the global economy and the strength of the US dollar against other currencies also exert an influence on gold rates in the Indian market.
