Gold Prices In India Dip On Aug 11: 24K Falls Rs 760/10g, 22K Drops Rs 700, 18K Slides Rs 570, Silver Steady

Due to festival-driven demand and growing global uncertainty, gold prices in India on August 8, 2025, surged to all-time highs—24-karat gold hit Rs 10,331 per gram. Ten-gram rates reached their highest point ever, surpassing the Rs 1.03 lakh threshold. As of today, August 11, the glitter has faded: 24K gold has dropped Rs 103 from the all-time high price of Rs 10,228 per gram. Similarly, the price of 22K gold has dropped to Rs 9,375 per gram, down Rs 95 from its peak of Rs 9,470 on August 8.

Gold & Silver Rates In India Today

Gold prices in India today are now Rs 10,228 per gram for 24 carat gold, Rs 9,375 per gram for 22 carat gold, and Rs 7,671 per gram for 18 carat gold. Monday's 24k price of 10 grams of gold was Rs 1,02,280, down Rs 760 from the previous price of Rs 1,03,040; similarly, the price of 24k of 100 gms of gold was Rs 10,22,800, down Rs 7,600 overnight from the previous price of Rs 10,30,400.

The price of gold in India today is Rs 93,750 for 22k of 10 grams compared to Rs 94,450 earlier, representing a price drop of Rs 700, whereas the price of gold in India on Monday reached Rs 9,37,500 for 22k of 100 grams compared to Rs 9,44,500 earlier, representing a price drop of Rs 7,000 overnight.

While 18k of 100 gms of gold would cost Rs 7,67,100 today, down Rs 5,700 overnight from Rs 7,72,800 yesterday, the price of 18k of 10 grams of gold in India dropped Rs 570 to Rs 76,710 on Monday from Rs 77,280 earlier.

Today, the price of silver in India remains stable at Rs 1,17,000 per kilogram and Rs 117 per gram.

MCX Gold Outlook Today

"Gold fell below $3,380 per ounce on Monday as easing geopolitical tensions, following Trump's planned talks with Putin to end the Ukraine war, reduced safe-haven demand. Losses were limited by trade concerns, Fed rate-cut expectations, and uncertainty over new US tariffs on gold bars. On the technical front, MCX Gold remains in an uptrend on the daily chart, comfortably trading above the shortterm EMAs and forming bullish higher highs. Currently, support is placed at 100,400-99,900, while resistance is seen at 102,500-104,200. International gold prices indicate a negative start today. Traders can consider buying MCX Gold near 99,900 for a target of 100,400-102,000; any close below 99,400 will warrant a review," commented Abhishek M Pelu - Research Analyst at Way2Wealth Brokers.

Gold & Silver Price Fundamental Outlook Today

"Gold and silver prices are trading lower today on the international bourses. We expect precious metals prices on Indian bourses to trade range bound to slightly lower for the day; as gold futures in New York declined as traders awaited clarification from the White House over its tariff policy, after a US government agency stunned the market last week by formally ruling that 100-ounce and one-kilogram bullion bars would be subject to tariffs," commented the research analysts at Nirmal Bang Securities.

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