Gold Glitters Brighter
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?
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
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 |
(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
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
Always bold with her opinions, she also never misses the chance to weave in expert voices, keeping things balanced and insightful. In short, Aishwarya brings a fresh, sharp, and fact-driven voice to every story she touches.
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