Today, gold prices have fallen across India, influenced by easing geopolitical tensions and a stronger US dollar. In Mumbai, 24-carat gold is priced at ₹1,02,280 per 10 grams, while 22-carat gold stands at ₹93,750 per 10 grams.
August 11, 2025: Gold prices fell on Monday, August 11, because geopolitical risks were going down, making it less enticing as a safe-haven asset.
The price of 24-carat gold in Mumbai was Rs 1,02,280 for 10 kilos, and the price of 22-carat gold was Rs 93,750 for 10 grams. Prices for silver, on the other hand, kept the same at Rs 1,17,000 per kilogram.
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 93,900 | Rs 1,02,430 |
| Jaipur | Rs 93,900 | Rs 1,02,430 |
| Ahmedabad | Rs 93,800 | Rs 1,02,330 |
| Patna | Rs 93,800 | Rs 1,02,330 |
| Mumbai | Rs 93,750 | Rs 1,02,280 |
| Hyderabad | Rs 93,750 | Rs 1,02,280 |
| Chennai | Rs 93,750 | Rs 1,02,280 |
| Bengaluru | Rs 93,750 | Rs 1,02,280 |
| Kolkata | Rs 93,750 | Rs 1,02,280 |
The price loss in the local market was like what happened in the international market, when spot gold fell 0.7% to $3,376.67 per ounce. After US President Donald Trump indicated he would meet with Russian President Vladimir Putin to discuss about ways to end the war in Ukraine, this change happened.
On the Multi Commodity Exchange (MCX), gold futures fell 0.85% to Rs 1,00,937 per 10 kilograms. At the same time, silver futures dropped 0.75% to Rs 1,14,016 per kg.
People are paying closer attention to the US inflation figures that will come out on Tuesday. This information is incredibly important since it could assist us figure out what the Federal Reserve thinks about interest rates. The price of gold that doesn’t pay interest could go up because a recent US jobs report made consumers more sure that rates would go down in September.
A lot of elements affect the value of gold in India, such as taxes, import tariffs, fluctuations in the exchange rate, and prices on the worldwide market. Indian culture still has a lot to do with the metal. It costs a lot of money and is a big part of festivals.