Gold Price Today 1 August 2025: Is Now the Right Time to Buy Gold? Here’s What You Should Know
Absolutely, you’ve hit the nail on the head! Gold, as a safe haven asset, has been hitting all-time highs recently, which kept many buyers, especially regular folks, on the sidelines because it felt out of reach. But now, with global trade tensions easing and tariffs creating uncertainty, gold prices seem to be settling down. This shift could open a smart window for buyers—especially with the festive and wedding seasons in India just around the corner when gold demand typically soars.
When gold prices drop on MCX futures, it often signals a chance to buy at a discount. But timing matters! If you believe prices will climb later due to inflation, geopolitical issues, or currency shifts, it makes sense to buy now before costs rise again. On the flip side, factors like a stronger dollar or global economic challenges might keep prices low for a while longer.
Before you decide, ask yourself: Are you investing for long-term safety or hoping for quick profits? What’s your comfort level with risk? Gold can be a hedge against uncertainty, but market movements can be unpredictable.
Gold and silver prices in India dipped on August 1, as a stronger US dollar outweighed concerns over trade uncertainties caused by US tariffs. In Mumbai, 22-carat gold traded at Rs 91,690 per 10 grams, while 24-carat gold stood at Rs 1,00,020 per 10 grams. Silver prices also slipped, falling by Rs 100 to Rs 1,14,900 per kilogram. On the MCX futures market, gold futures expiring on August 5, 2025, dropped 0.24% to Rs 98,530 per 10 grams. Silver futures expiring on September 5, 2025, declined 0.17%, trading at Rs 1,09,783 per kilogram. How are these shifts influencing your investment choices?
Check Gold Price Today In Your City-
Here are the gold prices in Delhi, Bangalore, Mumbai, and Chennai for 24 Karat and 22 Karat gold (per 10 grams), based on the most recent available data for today, July 24, 2025
- Gold Price Today In Delhi
- 24K Gold: ₹9,997/gm
- 22K Gold: ₹9,165/gm
- Gold Price Today In Noida
- 24K Gold: ₹9,997/gm
- 22K Gold: ₹9,165/gm
- Gold Price Today In Chennai
- 24K Gold: ₹9,982/gm
- 22K Gold: ₹9,150/gm
- Gold Price Today In Mumbai
- 24K Gold: ₹9,982/gm
- 22K Gold: ₹9,150/gm
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Check Prices at other places-
| City | 24K Gold (₹/gm) | 22K Gold (₹/gm) |
|---|---|---|
| Delhi | ₹9,997 | ₹9,165 |
| Noida | ₹9,997 | ₹9,165 |
| Lucknow | ₹9,734 | ₹9,270 |
| Chennai | ₹9,982 | ₹9,150 |
| Mumbai | ₹9,982 | ₹9,150 |
| Kolkata | ₹9,982 | ₹9,150 |
| Bangalore | ₹9,982 | ₹9,150 |
| Hyderabad | ₹9,982 | ₹9,150 |
| Kerala | ₹9,982 | ₹9,150 |
| Pune | ₹9,982 | ₹9,150 |
| Vadodara | ₹9,987 | ₹9,155 |
| Ahmedabad | ₹9,987 | ₹9,155 |
(The Prices Mentioned Were Taken From Good Returns At 11 Am)
What To Buy When Gold Prices Fall: Top Investment Options to Consider Today-
- Physical gold like coins or bars — great for long-term holding and gifting, especially before festivals or weddings.
- Jewellery at lower rates — perfect if you’ve been waiting for a bargain to buy that special piece.
- Gold ETFs (Exchange-Traded Funds) — invest digitally without worrying about storage, ideal for easy buying and selling.
- Sovereign Gold Bonds (SGBs) — government-backed with interest payouts, combining safety with returns.
- Digital Gold — quick and convenient for small, incremental investments anytime.
- Gold mining stocks — if you want exposure to the gold sector without owning physical metal.
(Disclaimer: This article is for informational purposes only and should not be construed as an investment advice. Prior to making an investment, conduct thorough research and consult with your financial advisor.)
Also Read: Gold Prices Soaring? Don’t Sell! Know How To Cash In Smartly With Gold Loans
