India, Aug. 4 -- The gold prices held strong on 4 August 2026, where the international spot gold stayed near USD 4,063.52 per ounce or USD 130.65 per gram. Gold was trading in the range of USD 4,000 - 4,100 as the investors tried to weigh up the possibility of interest rate decisions of the United States Federal Reserve with the political situation prevailing in the Middle East region and there is currently a 63% chance of a rate hike by the Fed in September.

Although there have been some recent fluctuations, gold has shown solid returns over the long term. In India, gold has returned 29.60% during the last year and 187.29% over the past five years, proving itself a good hedge against inflation and other market uncertainties. The central...