NEW DELHI, India — Gold prices slipped on Monday, August 10, 2026, after rising to a seven-week high, as investors booked profits and looked ahead to US inflation data for fresh signals on the Federal Reserve’s interest-rate direction. Silver, meanwhile, held above $63 per ounce in the international market as precious metals remained supported after last week’s upside breakout.
- Gold price today: Spot gold declined 0.10% to around $4,337 per ounce.
- Silver price today: Spot silver gained marginally and remained above $63 per ounce.
- Delhi gold rate: 24K gold was quoted at ₹1,48,425 per 10 grams.
- Market outlook: Gold and silver may remain volatile this week due to movements in crude oil, the dollar index and geopolitical tensions.
Gold price today: Yellow metal slips from seven-week high
Gold prices eased during Monday’s morning session as profit booking weighed on the precious metal after its recent rise. Spot gold was down 0.10% at around $4,337 per troy ounce.
Market participants are also watching upcoming US inflation data, which could provide clues about the Federal Reserve’s future approach to interest rates. Changes in expectations around US monetary policy can influence the attractiveness of non-yielding assets such as gold.
Crude oil prices also remained in focus, with Brent crude rising for a third consecutive session and moving to around $84 per barrel. The Indian rupee was relatively steady at ₹95.23 against the US dollar during Monday morning trading.
Gold price outlook: Key support and resistance levels
According to the outlook provided by Manoj Kumar Jain, Director at Prithvi Finmart, gold experienced an upside breakout last week and could retain strength in the coming sessions. However, the metal is expected to remain volatile as global market factors continue to shift.
In the international market, gold has support around $4,355-$4,320 per troy ounce, while resistance is placed at $4,440-$4,500.
On the Multi Commodity Exchange, or MCX, gold has support at ₹1,50,500-₹1,49,100, with resistance at ₹1,53,650-₹1,55,000.
The supplied market outlook suggests buying gold on declines around the ₹1,51,000-₹1,50,000 range, with a stop-loss below ₹1,48,800 and a potential target range of ₹1,53,000-₹1,54,400. These levels represent market commentary and should not be treated as guaranteed returns.
Silver price today: Metal holds above $63
Silver moved marginally higher in the international market on Monday and remained above the $63 per ounce level. The metal also recorded an upside breakout last week and is expected to remain firm if it holds its important support zones.
Internationally, silver has support at $62.40-$61.60 per troy ounce, while resistance is positioned at $65.20-$67.00.
On the MCX, silver support is placed at ₹2,29,200-₹2,27,000, with resistance at ₹2,34,400-₹2,38,000.
The supplied outlook suggests a buying range of ₹2,29,000-₹2,27,000 for silver, with a stop-loss below ₹2,24,000 and a target range of ₹2,34,400-₹2,38,000.
Gold and silver rates today: City-wise prices
| City | Gold 24K (₹/10g) | Silver (₹/kg) |
|---|---|---|
| Ahmedabad | ₹1,48,325 | ₹2,32,288 |
| Bengaluru | ₹1,48,415 | ₹2,32,423 |
| Chennai | ₹1,48,510 | ₹2,32,363 |
| Delhi | ₹1,48,425 | ₹2,32,338 |
| Hyderabad | ₹1,48,475 | ₹2,32,298 |
| Jaipur | ₹1,48,275 | ₹2,32,263 |
| Kolkata | ₹1,48,025 | ₹2,32,363 |
| Mumbai | ₹1,48,225 | ₹2,32,263 |
What factors influence gold and silver prices?
US dollar movements
The US dollar is one of the major influences on precious metals because gold and silver are internationally priced in dollars. A stronger dollar can make these metals more expensive for buyers using other currencies, potentially weighing on demand.
Interest rates
Interest-rate expectations also affect precious metals. Gold and silver do not generate interest or dividends, which can make them relatively less attractive when interest rates are high. Lower rates can increase their appeal as alternative assets.
Inflation
Inflation remains an important factor for gold because investors often consider the metal a store of value when purchasing power is under pressure. Silver can also benefit from inflation concerns, although its price has additional industrial influences.
Geopolitical and economic uncertainty
Wars, financial instability, trade conflicts and economic downturns can increase demand for assets perceived as safe havens. Gold is particularly sensitive to such shifts in investor sentiment, while silver can experience sharper price movements.
Supply and demand
Jewellery, central-bank purchases, investment products and technology contribute to gold demand. Silver has a broader industrial role, including applications in electronics, solar panels and electric vehicles, alongside jewellery and investment demand.
What to watch in the gold and silver market
Investors will closely monitor US inflation data, movements in the dollar and crude oil prices, as well as geopolitical developments. These factors could determine whether the recent upside momentum in precious metals continues or gives way to further volatility.
For Indian buyers and investors, domestic prices will also reflect international metal prices and currency movements. The city-wise rates provided above represent the August 10, 2026 figures supplied for this report.
Frequently Asked Questions
Why did gold prices fall today?
Gold slipped on August 10 after reaching a seven-week high, with profit booking weighing on prices. Investors were also awaiting US inflation data for clues about the Federal Reserve’s interest-rate outlook.
What is the gold price in Delhi today?
The supplied August 10 data puts the 24K gold price in Delhi at ₹1,48,425 per 10 grams, while silver was quoted at ₹2,32,338 per kilogram.
Financial disclaimer: The price levels, outlook and trading ranges mentioned in this article are based on the supplied market commentary and are provided for informational purposes only. They should not be considered investment advice or a guarantee of future prices or returns. Investors should conduct their own research and consult a qualified financial adviser before making investment decisions.
