Gold Price: Gold became cheaper today; Know how much the rate decreased

In the big states of the country, the price of 1 kg of silver is trading at Rs 1,14,900 per kg. The price of silver has fallen by Rs 100. Today on 13th August, both gold and silver have become cheaper.

New Delhi: The price of gold has become cheaper by Rs 100 on Wednesday as compared to yesterday. In states like Delhi, UP, Bihar, Rajasthan, the price of 24 carat 10 grams of gold is above Rs 1,01,000. At the same time, the price of 22 carat gold is trading around Rs 92,900 in Mumbai, Chennai, Kolkata. The price of 1 kg of silver in the country has become cheaper by Rs 2000. Know here the price of gold and silver on 13th August 2025.

Silver price

In the big states of the country, the price of 1 kg of silver is trading at Rs 1,14,900 per kg. The price of silver has fallen by Rs 100. Today on 13th August, both gold and silver have become cheaper.

Why did gold prices fall?

The biggest reason for the fall in gold prices was the reduction in geopolitical tensions at the global level and investors selling. After registering continuous growth in the past few days, there was an atmosphere of profit booking in the market. The upcoming meeting between former US President Donald Trump and Russian President Vladimir Putin has increased the hope of peace talks regarding the Russia-Ukraine war, which reduced the demand for safe investments like gold.

Gold Rate for Wednesday, August 12, 2025

City Name          22 Carat Gold Rate           24 Carat Gold Rate
Delhi                    93,090                                1,01,540
Chennai              92,940                                 1,01,390
Mumbai              92,940                                 1,01,390
Kolkata               92,940                                 1,01,390
Jaipur                 93,090                                 1,01,540
Noida                  93,090                                 1,01,540
Ghaziabad          93,090                                 1,01,540
Lucknow            93,090                                 1,01,540
Bengaluru          92,940                                 1,01,390
Patna                  92,940                                 1,01,390

How is the price of gold decided in India?

The price of gold is determined on the basis of international market rates, import duty and tax, exchange rate between rupee and dollar, balance of demand and supply. In India, gold is used not only for investment but also traditionally in weddings and festivals, so the change in prices directly affects the people.