Gold Silver Price 1 August: With GST, in the bullion market, while 24 carat gold is being sold at the rate of Rs 100910 per 10 grams, silver is being sold at Rs 113104 per kg. Gold has become cheaper by Rs 2562 from its all-time high. Whereas, silver has fallen by Rs 6040 per kg.
Gold Silver Price 1 August: There is a decline in the prices of gold and silver in the bullion markets today as well. The price of gold has fallen by Rs 563 per 10 grams today to Rs 97971. At the same time, there is a decline of Rs 140 per kg in the rate of silver. Silver is now being sold at Rs 109810 per kg. With GST, while 24 carat gold is being sold at the rate of Rs 100910 per 10 grams in the bullion market, silver is being sold at Rs 113104 per kg. On Thursday, silver closed at Rs 109950 per kg without GST. Whereas, gold closed at Rs 98534 per 10 grams.
Gold has slipped from an all-time high of Rs 100533 to Rs 97971 per 10 grams. Gold has become cheaper by Rs 2562 during this period. Whereas, silver has fallen by Rs 6040 per kg. Silver had made an all-time high of Rs 115850 per kg on 23 July 2025.
Price of 23 carat gold
Today 23 carat gold also became cheaper by Rs 560 and opened at Rs 97579 per 10 grams. Its price with GST has now become Rs 100506. Making charge is not yet added to it.
Price of 22 carat gold
The price of 22 carat gold has fallen by Rs 516 to Rs 89741 per 10 grams. With GST it is Rs 92433.
Price of 18 carat gold
Today the price of 18 carat gold fell by Rs 423 to open at Rs 73478 per 10 grams and with GST it has reached Rs 75682 per 10 grams. At the same time, 14 carat gold has now come down to Rs 59032 including GST.
Gold jumped by Rs 2085 and silver by Rs 4440 in July
In July, the pace of silver was much faster than gold. During this period, while gold jumped by Rs 2085 per 10 grams, the jump in the rate of silver was Rs 4440. According to IBJA rate, on June 30, gold closed at Rs 95886 per 10 grams. Whereas, silver was sold at the rate of Rs 105510 per kg. GST is not included in this.
The spot prices of gold and silver have been released by India Bullion and Jewelers Association (IBJA). It is possible that in your city there may be a difference of Rs 1000 to Rs 2000. IBJA releases the rate twice a day. Once at around 12 noon and second around 5 pm.
This year gold has increased by Rs 22231 and silver by Rs 23793
This year gold has become expensive by about Rs 22231 and silver by Rs 23793 in bullion markets. On 31 December 24, gold opened at Rs 76045 per 10 and silver at Rs 85680 per kg. On this day gold closed at Rs 75740. Silver also closed at Rs 86017 per kg.
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