Today’s Gold Rate in India – August 5, 2025
The gold price in India continued its upward climb today, with prices nearing record highs. As of this morning, 24‑carat gold is priced at around ₹10,140 per gram, while 22‑carat gold trades near ₹9,295 per gram. These levels are just a shade away from the all‑time high seen in late July.
On August 4, 24‑carat gold touched ₹1,01,400 per 10 grams—just ₹930 short of its historic peak. In states like Gujarat and Maharashtra, the gold rate has also moved upward, reflecting both global and domestic factors.
What’s Driving the Surge in the Gold Rate?
Global Economic Uncertainty
A weak U.S. jobs report has boosted demand for safe‑haven assets like gold, driving up international prices. This upward global momentum directly influences the gold rate in India, as the country relies heavily on imports. Higher import costs and global trends combine to keep domestic gold prices elevated.
Festive Demand Ahead of Raksha Bandhan
The gold rate often rises before major festivals. With Raksha Bandhan approaching on August 9, demand for jewelry and coins has spiked. Families across India see gold as a symbol of love and prosperity, and this emotional connection boosts purchases despite higher prices.
Currency Fluctuations
A weaker rupee against the dollar makes gold imports more expensive, adding to the rise in the gold rate. Coupled with higher import duties, these factors are making domestic prices climb faster than some global benchmarks.
Regional Snapshot of Today’s Gold Price
| City/Region | 24K Gold (/g) | 22K Gold (/g) |
|---|---|---|
| Gujarat | ₹9,869 | ₹9,399 |
| Mumbai | ₹9,833 | ₹9,365 |
| Delhi | ₹9,850 | ₹9,380 |
These numbers highlight that the gold rate can vary slightly from city to city due to local demand, transport costs, and jeweler margins.
What Buyers and Sellers Should Know About the Gold Rate
For Buyers
If you’re purchasing for personal use or festival gifting, buying now may be wise. The gold price is expected to remain high over the coming week, and waiting could mean paying more, especially if global market cues remain bullish.
For Sellers
This may be the right time to sell gold if you’re looking to book profits. The current gold rate offers a solid return for those who bought at lower prices earlier in the year.
Long-Term Outlook
While short‑term movements can be unpredictable, the gold rate is likely to remain strong due to ongoing global uncertainty and steady domestic demand. Analysts believe that prices may even test new highs before the festive season ends.
Why the Gold Price Matters to Every Indian Household
Gold is more than just a precious metal in India—it’s a tradition, an investment, and a source of emotional security. Whether it’s for a wedding, festival, or savings, the gold rate influences household decisions across the country.
Historically, Indian families have relied on gold as a symbol of security and prosperity during uncertain times. In 2025, with global economic challenges, inflationary pressures, and fluctuating currency values, the gold rate has regained its importance in households across the nation. Beyond its investment appeal, gold continues to hold deep cultural and emotional significance, making it a trusted asset. Many see today’s rising gold rate as both a safeguard for savings and a timeless tradition worth preserving.
Final Thoughts
The gold rate in India today—₹10,140 per gram for 24K and ₹9,295 per gram for 22K—shows just how close we are to all‑time highs. Whether you are buying for tradition or investment, keeping an eye on the daily gold price can help you make better financial decisions. With festive demand, global uncertainty, and currency shifts all at play, the coming days could be pivotal for the gold market In India.
