Gold Price Today: Current Rates, Market Movements, and Smart Buying Tips

Gold Price Today: On 10 August 2025, gold prices in India have crossed ₹10,300 per gram, marking one of the highest points in recent history. This surge is fueled by global economic tensions, a weakening rupee, and rising demand for safe-haven assets. For investors and consumers alike, the current rally offers both opportunities and challenges in navigating the gold market.

On 10 August 2025, gold in India is trading above ₹10,300 per gram but what lessons can be learned from this rally?

Gold Price Today: Current Gold Rates

Purity	Price per gram (₹)
24K (Pure)	₹10,304
22K	₹9,445
18K	₹7,728

For 10 grams, the prices are ₹1,03,040 for 24K and ₹94,450 for 22K.

Important Tips to Remember When Buying Gold

“When buying gold, always ensure you check the current market rate and compare prices from multiple jewellers. Verify the purity 24K is pure gold, while 22K is slightly mixed with other metals for durability. Ask for a BIS hallmark certification to ensure authenticity.

Don’t forget to check making charges and any hidden costs, as these can significantly affect the final price. If purchasing gold coins or bars, ensure they come with proper receipts and packaging for future resale or exchange.

Market Overview & Dynamics

Record Highs & Tariff Impact – On 8 August, gold prices crossed ₹1,02,000 per 10 g; this surge is driven by global geopolitical tensions, U.S. tariffs, and the weakening rupee.

Shift in Jewellery Demand – Jewellers in Pune report that buyers are avoiding heavy gold purchases. Instead, lightweight pieces and digital gold options are becoming more popular.

Tariff & Export Impact – In Ahmedabad, gold prices touched ₹1,04,300 per 10 g, hurting the jewellery industry with a 70% drop in imports and pressure on jobs.

Safe-Haven Appeal – The rupee hitting a record low of ₹88.10 and U.S. monetary cues have strengthened gold’s safe-haven status.

Factors Driving the Surge

Global economic uncertainties & tariffs.
Rupee depreciation boosting rupee-denominated returns.
Investors shifting toward gold as a hedge against inflation & volatility.

Impact on Indian Jewellery Market

Sales of heavy jewellery are falling; lightweight designs are in demand.
In Ahmedabad, the industry has been hit with a 70% plunge in gold imports, putting jobs at risk.

What Next?

According to market analysts, a “buy on dips” strategy can be considered, with entry near ₹1,01,500 and stop-loss around ₹1,00,800. Sovereign Gold Bonds (SGBs) have an early redemption rate set at ₹10,070 per unit for specific series.

Conclusion

For gold enthusiasts, this is both an exciting and challenging time. If you want a secure long-term investment, consider SGBs or gold ETFs; however, caution is necessary due to short-term volatility.