Archive · 2 Aug 2025
Gold Demand Rises in Asia as Prices Hit One-Month Low
Gold prices dropped recently, which made more people in India and other Asian countries want to buy it.
In the world market, gold hit a low price for the past month.
In India, the price was about ₹97,700 for 10 grams on Friday after being higher the previous week.
Dealers in India didn't offer as big discounts, and China showed a growing interest in buying gold.
Gold demand increased in India and other Asian markets due to price drops.
Spot gold hit a one-month low in the international market.
24-karat gold prices in India were around ₹97,700 per 10 grams on Friday, after reaching ₹1,00,555 the previous week.
Discounts offered by Indian dealers narrowed to $7 an ounce.
China saw renewed interest in gold, with rising trading volume.
- Who
- Gold buyers and sellers in India and other Asian markets
- What
- Increased gold demand due to price drops.
- When
- August 2, 2025
- Where
- India, China, Hong Kong, Singapore, and Japan
- Why
- Due to a pullback in prices.
- 24-Karat Gold Price (per 10 grams)
- ₹97,700 (approximate)
- Previous Week's Price (per 10 grams)
- ₹1,00,555
- Dealer Discounts
- Up to $7 an ounce
- Spot Gold
- 1-month low
Sources
Gold rates in Visakhapatnam today slashes, check the rates on 01 August, 2025
Gold rates in Hyderabad today slashes, check the rates on 01 August, 2025
Gold rates in Vijayawada today slashes, check the rates on 01 August, 2025
Gold rates in Delhi slashes today, check the rates on 01 August, 2025
Gold Today Rate, 1 August: Check 18, 22 and 24 carat gold prices Chennai, Mumbai, Delhi, Kolkata and other cities
Gold declines Rs 400 to Rs 97,620/10 g; silver tumbles Rs 2,500
