Gold Rate Today in India, 7 Aug: 24K Climbs Nearly Rs 60,000 in 3 Days as Global Prices Hit Seven-Month High

Gold rates in India extended their winning streak for a third consecutive session on Friday, August 7, 2026, with domestic bullion rates continuing to climb despite only modest day-on-day gains. The latest uptick has capped off a remarkable three-day rally, during which 24 Karat gold has surged by Rs 58,900 per 100 grams, taking total gains to nearly Rs 60,000 and underscoring renewed investor appetite for the precious metal amid supportive global cues.

Gold Rate in India Surges Nearly Rs 60,000/24K in 3 Days; Heads for Biggest Weekly Gain Since January

On Friday, 24 Karat gold rose by Rs 16 to Rs 14,989 per gram, while 22K gold advanced by Rs 15 to Rs 13,740 per gram. In contrast, silver prices remained unchanged for yet another session, holding steady at Rs 2,40,000 per kilogram.

The domestic rally mirrored strength in international bullion markets, where spot gold firmed on Friday and remained on course for its biggest weekly gain since January. The precious metal found support from softer crude oil prices, while investors remained focused on the release of the closely watched US non-farm payrolls report, which could provide fresh signals on the US Federal Reserve's interest rate trajectory.

Gold Rate Today, 7 August 2026: Check Latest 22K, 24K & 18K Gold Prices in India

24 Karat Gold Rate Today in India

The price of 24K gold rose across all denominations on Friday. One gram of 24K gold increased by Rs 16 to Rs 14,989, while 8 grams gained Rs 128 to Rs 1,19,912. The price of 10 grams climbed Rs 160 to Rs 1,49,890, while 100 grams advanced Rs 1,600 to Rs 14,98,900.

22 Karat Gold Rate Today in India

The price of 22K gold also moved higher, with 1 gram rising Rs 15 to Rs 13,740 and 8 grams gaining Rs 120 to Rs 1,09,920. Meanwhile, 10 grams increased Rs 150 to Rs 1,37,400, while 100 grams climbed Rs 1,500 to Rs 13,74,000.

18 Karat Gold Rate Today in India

Similarly, 18K gold recorded gains, with 1 gram rising Rs 12 to Rs 11,242 and 8 grams increasing Rs 96 to Rs 89,936. The price of 10 grams advanced Rs 120 to Rs 1,12,420, while 100 grams gained Rs 1,200 to Rs 11,24,200.

Silver Rate Today: Check Latest Silver Prices Per Kg and Gram on August 7, 2026

Silver prices in India remained unchanged on Friday, August 7, 2026, with rates holding steady across all major weight categories. The price of 1 gram of silver remained at Rs 240, while 8 grams was priced at Rs 1,920. Meanwhile, 10 grams continued to trade at Rs 2,400, 100 grams at Rs 24,000, and 1 kilogram (1,000 grams) remained unchanged at Rs 2,40,000, with no change recorded across any denomination compared with the previous trading session.

"July's ADP report showed just 44,000 private-sector jobs added - the weakest since January - pulling the market-implied odds of a September Fed rate move to 57% from 67%. Technically, gold eyes $4,500 and silver could extend toward $70-71 on a decisive breakout," said Mr. Prithviraj Kothari, MD at RiddiSiddhi Bullions Ltd., President of India Bullion and Jewellers Association Ltd.

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