India, Aug. 3 -- Gold Rate Today (03 August 2026): Prices of gold and silver remained strong on 3 August 2026 as investors showed new interest due to changes in global economic environment. On the Multi Commodity Exchange (MCX), gold rose above Rs.1,43,700 per 10 grams, whereas silver jumped more than 1% and closed above Rs.2,18,000 per kilogram while in international markets, spot gold was trading above $4,060 per ounce owing to weakness in US dollar and fall in crude oil prices.

The sharp rise in prices of precious metals followed the fall in prices of crude oil by nearly 6% because of diplomatic efforts initiated between the US and Iran. As lower prices of energy helped in easing inflation worries, investors now started focusing on US...