Gold and silver kicked off the week on a weaker note, with prices dipping across major cities in India on Monday, August 11, 2025.
Gold dropped by ₹300 compared to last Friday’s rates, though 24-carat gold is still holding strong above ₹1,02,200 in several states, including Delhi, Uttar Pradesh, Rajasthan, and Bihar.
Silver wasn’t spared either; prices fell by ₹100 per kg. In major markets, 1 kg of silver was priced at ₹1,17,000 today, down from last week.
City-Wise Gold Rates Today (August 11, 2025):
Delhi, Noida, Ghaziabad, Lucknow – 22-carat: ₹93,900 per 10 grams | 24-carat: ₹1,02,430
Mumbai, Chennai, Kolkata, Bangalore, Patna – 22-carat: ₹93,750 | 24-carat: ₹1,02,280
Jaipur – 22-carat: ₹93,750 | 24-carat: ₹1,02,430
Why Are Gold Prices Falling?
Gold rates in India are influenced by multiple factors, including international market trends, import duties and taxes, the rupee-dollar exchange rate, and domestic demand-supply balance.
While gold remains a popular investment, it also holds deep cultural significance in India, especially for weddings, festivals, and auspicious occasions. That’s why even small price changes can quickly impact consumer buying decisions.
