Overview of Gold and Silver Prices on August 13
Today, on August 13, gold and silver prices have shown some movement in major cities across India. In recent days, gold prices have increased slightly. This change is happening as the US dollar has become weaker. Also, new inflation data showed that prices are not rising as quickly as expected. Many people think this might lead to the US Federal Reserve cutting interest rates next month.
The rise in gold prices comes after a drop on Monday. Gold prices fell due to profit booking, as some investors sold their holdings after seeing high prices. Additionally, there have been signs that tensions related to the war in Ukraine might be easing, which has reduced the demand for safe investments like gold.
Latest Price Trends
On August 13, at 9:20 am, the price for MCX Gold contracts for October was ₹1,00,236 for every 10 grams. This is a small increase of 0.08%. Meanwhile, MCX Silver prices for September rose by 0.46%, reaching ₹1,14,265 per kilogram.
Gold Price Movement from Earlier This Week
On August 12, Monday, gold prices were lower. The MCX Gold contracts were priced at ₹1,00,950 per 10 grams, down by 0.83%. Silver prices were also down by 0.65% at ₹1,14,139 per kilogram around 9:10 am. Gold fell in international markets as investors speculated that the Ukraine war was coming to an end. This speculation reduced the demand for gold as a safe investment.
Gold Prices: Historical Context
Looking back over the last 20 years, gold prices in India have increased dramatically. Gold prices rose by about 1,200% from ₹7,638 in 2005 to over ₹1,00,000 in 2025. Out of the last 20 years, gold has provided good returns in 16 years. This showcases how strong the gold market has been as an investment.
This year alone, from January to August, gold prices have gone up by 31%. It has become one of the best-performing assets in a time when many markets are facing instability.
Silver Prices Also Strong
Silver has also shown strong performance lately. In fact, silver has stayed above ₹1 lakh per kilogram for the last three weeks. Over the last 20 years, silver prices have risen by about 668.84% from 2005 to 2025. This shows that silver is also becoming a favored choice for investors.
Today’s Prices in Major Cities
Here is a summary of the latest gold and silver prices in various major cities:
Mumbai Prices
- Gold bullion: ₹1,00,170 per 10 grams
- MCX Gold rate: ₹1,00,192 per 10 grams
- Silver bullion: ₹1,14,490 per kilogram
- MCX Silver rate: ₹1,14,256 per kilogram
New Delhi Prices
- Gold bullion: ₹1,00,000 per 10 grams
- MCX Gold rate: ₹1,00,192 per 10 grams
- Silver bullion: ₹1,14,250 per kilogram
- MCX Silver rate: ₹1,14,256 per kilogram
Kolkata Prices
- Gold bullion: ₹1,00,040 per 10 grams
- MCX Gold rate: ₹1,00,192 per 10 grams
- Silver bullion: ₹1,14,300 per kilogram
- MCX Silver rate: ₹1,14,256 per kilogram
Bengaluru Prices
- Gold bullion: ₹1,00,250 per 10 grams
- MCX Gold rate: ₹1,00,192 per 10 grams
- Silver bullion: ₹1,14,540 per kilogram
- MCX Silver rate: ₹1,14,256 per kilogram
Hyderabad Prices
- Gold bullion: ₹1,00,330 per 10 grams
- MCX Gold rate: ₹1,00,250 per 10 grams
- Silver bullion: ₹1,14,630 per kilogram
- MCX Silver rate: ₹1,14,256 per kilogram
Chennai Prices
- Gold bullion: ₹1,00,460 per 10 grams
- MCX Gold rate: ₹1,00,250 per 10 grams
- Silver bullion: ₹1,14,780 per kilogram
- MCX Silver rate: ₹1,14,256 per kilogram
When buying gold or silver, remember that jewelers may add extra charges. This includes making charges, taxes, and GST. These costs can make the final bill higher.
Conclusion
The gold and silver markets are showing interesting trends today. Gold prices are rising slightly after a fall earlier this week. Investors are keeping a close eye on prices because they have shown strong performance overall. As always, when considering an investment in these metals, it is important to be aware of additional costs involved in retail purchases.
