Gold Rate Today in India Falls After Two-Day Pause; MCX Gold Futures Rise on 4 August Amid US-Iran Tensions

Gold rates in India declined on Tuesday after remaining unchanged for the previous two sessions. The price of 24 Karat gold fell by Rs 22 to Rs 14,400 per gram, while 22 Karat gold dropped Rs 20 to Rs 13,200 per gram. Silver also remained under pressure, extending its weak trend from the previous session.

Gold Rate Today Drops After Two Days of Stability; MCX Gold Futures Rise Amid US-Iran Tensions

In contrast, MCX gold futures traded higher in early trade. The August 5, 2026 contract was up Rs 755, or 0.54%, at Rs 1,41,850 per 10 grams at 9:54 AM IST, compared with the previous close of Rs 1,41,095.

The yellow metal found support from continued uncertainty over the situation in West Asia. Investors turned to gold after US President Donald Trump said talks with Iran were underway and called it Tehran's "last chance" to reach an agreement. However, Iran denied that any negotiations were taking place or were planned, keeping geopolitical tensions alive and supporting demand for safe-haven assets like gold.

Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices on 4 August 2026

24 Karat Gold Rate Today

The price of 24K gold in India stood at Rs 14,400 per gram, down Rs 22 from the previous session. Accordingly, 8 grams of 24 Karat gold cost Rs 1,15,200, a decline of Rs 176, while 10 grams were priced at Rs 1,44,000, down Rs 220. The price of 100 grams of 24K gold was Rs 14,40,000, reflecting a fall of Rs 2,200.

22 Karat Gold Rate Today

The price of 22 Karat gold was Rs 13,200 per gram, marking a decline of Rs 20. The price of 8 grams stood at Rs 1,05,600, down Rs 160, while 10 grams were priced at Rs 1,32,000, a decrease of Rs 200. Meanwhile, 100 grams of 22K gold cost Rs 13,20,000, down Rs 2,000 from the previous day.

18 Karat Gold Rate Today

The price of 18 Karat gold fell by Rs 16 to Rs 10,800 per gram. The cost of 8 grams was Rs 86,400, down Rs 128, while 10 grams were priced at Rs 1,08,000, a decline of Rs 160. The price of 100 grams of 18K gold stood at Rs 10,80,000, down Rs 1,600 compared with the previous session.

Silver Rate Today, 4 August 2026: Check Latest Silver Prices Per Kg and Gram

Silver rates in India remained unchanged for the seventh consecutive day. The price of silver stood at Rs 235 per gram, unchanged from the previous session. Accordingly, 8 grams were priced at Rs 1,880, while 10 grams cost Rs 2,350, with both remaining steady.

100 grams of silver continued to be priced at Rs 23,500, while 1 kilogram remained unchanged at Rs 2,35,000, extending the metal's flat price trend for the seventh straight day.

Gold also received support from stronger-than-expected US economic data. Manufacturing activity in the United States expanded in July at its fastest pace in more than four years, raising concerns that inflation could remain elevated.

"Iran's July 28 missile strike on a US base briefly shattered a ceasefire before fresh US airstrikes and renewed Trump-led peace talks pushed gold back above $4100. The Dollar Index fell below 100, lifting the rupee to 95.35/USD," said Prithviraj Kothari, MD at RiddiSiddhi Bullions Ltd., President of India Bullion and Jewellers Association Ltd.

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