Columbus

Gold and Silver Prices Dip on August 13, 2025: Factors Influencing the Market

Gold and Silver Prices Dip on August 13, 2025: Factors Influencing the Market

On August 13, 2025, both gold and silver prices registered a slight decrease. 24-carat gold was approximately ₹1,01,540 per 10 grams, and silver was ₹1,14,900 per kg. This moderation in prices was due to international peace talks, a ber dollar, and profit booking.

Gold-Silver Price Today: On Wednesday, August 13, 2025, a slight decrease in gold and silver prices was observed across the country. In Delhi, 24-carat gold is selling at ₹1,01,540 per 10 grams and 22-carat gold at ₹93,090, while the price of 1 kg of silver is ₹1,14,900, which is ₹1,000 less than yesterday. This decrease in prices is due to reduced demand for gold, considered a "safe haven," caused by the US-Russia peace talks, a ber dollar, and investors' profit booking. The prices of silver have also fallen due to a slowdown in domestic demand.

Current Gold Rates in the Country

According to data from Goodreturns, today 24-carat pure gold is selling for around ₹1,01,540 per 10 grams. At the same time, the price of 22-carat gold is around ₹93,000 per 10 grams. However, there is a slight difference in rates in different cities.

In Delhi, Jaipur, Lucknow, Noida, and Ghaziabad, 22-carat gold is selling at ₹93,090 and 24-carat gold at ₹1,01,540 per 10 grams. In Mumbai, Kolkata, Chennai, Bangalore, and Patna, 22-carat gold is available at ₹92,940 and 24-carat gold at ₹1,01,390 per 10 grams.

Gold Rates in Major Cities (per 10 grams)

Delhi, Jaipur, Lucknow, Noida, Ghaziabad

  • 22 Carat: ₹93,090
  • 24 Carat: ₹1,01,540

Mumbai, Kolkata, Chennai, Bengaluru, Patna

  • 22 Carat: ₹92,940
  • 24 Carat: ₹1,01,390

Silver Also Becomes Cheaper

Along with gold, the price of silver has also decreased. Today, the rate of one kilogram of silver is ₹1,14,900, which is ₹1,000 less than yesterday. The price of silver remains almost the same in most major cities of the country.

Reasons Behind the Fall in Prices

The activities in the international market have a direct impact on the prices of gold and silver. Currently, news of potential talks and a peace process between the United States and Russia has increased investor confidence, which has somewhat reduced the rush to buy gold as a safe investment.

In addition, after the recent sharp rise in gold prices, many investors started selling to make profits, which is called profit booking in market terms. This has also put pressure on gold prices.

Impact of a Stronger Dollar

The strength of the dollar is also having an impact on gold prices. When the dollar is b, gold prices generally weaken because investors tend to consider the dollar a safer bet. Currently, the dollar index has improved in the international market, which has pulled down gold prices.

Slight Sluggishness in Domestic Demand

Fluctuations in gold and silver prices are often seen before the arrival of the festival and wedding season. Something similar has happened this time as well. Currently, people's purchasing has decreased slightly, and on top of that, the trend in the international market is also weak. As a result, the prices of both gold and silver have slipped.

Leave a comment