Gold & Silver Rates Today — 03 August 2026
| Date | Metal | Our call | What happened | Result |
|---|---|---|---|---|
| 03 Aug | Gold | Sideways | Pending | Pending |
| 03 Aug | Silver | Sideways | Pending | Pending |
| 01 Aug | Gold | Sideways / Firm | Fell 1.8% | ✗ Miss |
| 01 Aug | Silver | Sideways | Fell 7.4% | ✗ Miss |
| 31 Jul | Gold | Sideways / Firm | Rose 1.1% | ✓ Right |
Good morning — here's where gold and silver stand on 03 August 2026, and what I'm watching this week.
In short (03 August 2026): 24K gold is around ₹1,42,000/10g and 22K around ₹1,30,000/10g; silver is about ₹2,17,500/kg. Both eased from their late-July highs over the weekend as the market waits for the US Federal Reserve's next signal — a steadier, sideways tone for now. These are indicative India reference levels — AT Jewels' live counter rate is the billing price.
Today's rates at a glance
- 24K gold: around ₹1,42,000 per 10g (indicative)
- 22K gold: around ₹1,30,000 per 10g (indicative)
- Silver: around ₹2,17,500 per kg (indicative)
These are indicative reference levels only. The one rate that actually bills your purchase is AT Jewels' live counter/board rate at the time of buying — in store or on WhatsApp.
What is moving the market this week
After a strong run through late July, both metals took a breather over the weekend. The single biggest driver right now is the US Federal Reserve: traders are split on the timing of the next rate move, and until there's a clearer signal, gold is drifting sideways rather than pushing to new highs. A firm US dollar and some profit-taking after the recent record run have added to the pullback.
Silver's move has been sharper. It had climbed to record territory and has now corrected hard — that's normal for silver, which swings far more than gold in both directions. For buyers, it means silver prices are unusually jumpy day to day, so it pays to check the live rate before you commit.
The near-term view
My plain read for the next few sessions is sideways for both metals — gold consolidating in a band near current levels, silver choppy as it finds a base after the drop. Nothing here is a certainty; a fresh Fed signal could tip it either way. If you're buying for a wedding or a festival, the sensible approach is the same as always: buy by your need and your date, split larger purchases into parts, and don't chase a single green or red day. Steady beats clever.
Frequently asked
What is the gold rate today in India?
Today 24K gold is around ₹1,42,000 per 10g and 22K around ₹1,30,000 per 10g (indicative). Your final price also depends on making charges, GST and AT Jewels' live counter rate.
What is the silver rate today?
Silver is about ₹2,17,500 per kg (indicative) today, after a sharp pullback from last week's record highs.
Will gold prices go up or down this week?
With the market waiting on the US Federal Reserve, the near-term read is broadly sideways — steadier after the weekend dip. A fresh Fed signal could move it in either direction, so no one can promise a rise or fall.
— Nitin Bardia / AT Jewels
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Disclaimer: This note is general market commentary for information only and is not investment, trading or financial advice, nor a recommendation to buy or sell any commodity. Rates shown are indicative and can change through the day; the binding price for any transaction is AT Jewels' live counter rate at the time of purchase. Precious-metal prices can move against any view expressed here. Please make your own decision or consult a qualified adviser before any investment.