Gold Rate Today, August 3: Prices steady in retail market; check 24K, 22K and 18K rates

Gold prices were steady on Monday (August 3, 2026) in the domestic retail market. According to GoodReturns.in, 24 carat gold quoted at ₹14,422 per gm, while 22 carat gold is priced at ₹13,220. Similarly, the price of 18 carat gold remained unchanged at ₹10,816 per gm.

After recording extreme volatility since the start of the new fiscal year, gold prices have largely consolidated in the range of ₹1.41–₹1.44 lakh per 10 grams.

On August 3, 2026, gold prices per gm across major brands are as follows:

The below specified prices are taken from the respective retailer's website as around 11:22 am.

Joyalukkas: 24 carat gold quoted at ₹14,422 per gm, while 22 carat gold was priced at ₹13,220 per gm. Meanwhile, 18 carat gold was available for ₹10,816 per gm.

Kalyan Jewellers: 24 carat gold today is priced at ₹14,422 per gm, while 22 carat gold is available for ₹13,220 per gm. 18 carat gold is retailing for ₹10,817 per gm.

Malabar Gold: 24 carat gold at the retailer is priced at ₹14,422 per gm, while 22 carat gold is retailing for ₹13,220 per gm.

India Bullion and Jewellers Association (IBJA): 999 purity gold in the evening session on July 31 traded at ₹1,42,860 per 10 gm.

Factors influencing gold rate in India today

Mirroring positive sentiment overseas, gold prices traded in the green. At around 11:34 am, gold August futures on the MCX traded higher by 0.31% or ₹439 at ₹1,41,950 per 10 gm.

Prices gained traction as oil prices fell following US President Donald Trump's decision to postpone fresh strikes on Iran, amid hopes of reaching a swift agreement.

On his Truth Social platform, Trump on Saturday said that Iran and other Middle-Eastern nations have sought time to reach a deal that would result in "the Immediate, Complete and Total" reopening of the Strait of Hormuz.

Easing concerns over inflation and a higher-for-longer interest rate outlook buoyed investor sentiment.

Spot gold traded with gains of 0.54% or $21.68 at $4,064.35 per ounce. US gold futures for December delivery traded higher by 0.25% at $4,117.45 per ounce.

Market participants will keep a close watch on a host of US jobs data this week, including job openings report, weekly jobless claims and ADP employment report.