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Gold Rate Today 1st August: Announcement of latest prices of gold and silver, know the price of 10 grams 24-carat

Photo:FILE Gold Rate

Highlights

  • The price of 10 grams of 24-karat gold on Monday 1st August is Rs 51,490.
  • One kg of silver is being traded at Rs 58,400.
  • Silver fell 0.7% to $20.17 an ounce

Gold Rate Today 1st August: The latest gold and silver prices have been announced in the country. There is no change in yesterday’s price. Today on Monday, August 1, the price of 10 grams of 24-carat gold is Rs 51,490, one kg of silver is being traded at Rs 58,400, with no change in yesterday’s purchase rate. The price of the yellow metal varies from day to day due to important factors like excise duty, making charge and state tax. Here are the gold prices for Monday, August 1 in a few different cities:

According to the Good Returns website, 10 grams of 22 carat gold is being bought and sold in Mumbai and Kolkata for Rs 47,200. The same precious yellow metal is being bought for Rs 48,150 in Chennai and Rs 47,350 in New Delhi.

Gold Rate

Image Source : FILE

Gold Rate

price in international market

Gold prices rose to a more than three-week high in the previous session on Monday on a weaker US dollar and a lower-than-expected rate hike by the Federal Reserve. After hitting a high of $1,767.79 on Friday, July 6, spot gold was marginally lower at $1,764.32 an ounce. US gold futures fell 0.1 per cent to $1,779.90 an ounce. Spot silver fell 0.7% to $20.17 an ounce.

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Shivam Bangwal

Shivam Bangwal is an Indian based entrepreneur who is a tech, travel and coding enthusiast with a post graduation degree on Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Hitchhike TV, Branding Panther and many more.
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