Gold, Silver Rate Today, August 18: Gold prices continue to fluctuate amid the ongoing US war against Iran, causing uncertainty across global markets. Gold prices surged 0.86 per cent on a weekly basis as slew of weaker‑than‑expected US economic data reinforced expectations that the US Federal Reserve will hold interest rates unchanged, IANS reported. On Friday, MCX gold futures (October) gained 0.73 per cent and stood at Rs 154,590. On the other hand, MCX silver futures (September) advanced 0.15 per cent and stood at Rs 2,36,272 per kg.
Moreover, the price of 10 grams of 24-carat gold was at Rs 1,49,621 on Friday, up from Rs 1,42,863 seen on Monday at market opening, according to data published by the India Bullion and Jewellers Association (IBJA). Gold and silver also benefited from crude oil staying volatile on lingering Middle East tensions, lower Treasury yields and a weaker US dollar, market participants said, IANS reported.
At present, Gold rates in New Delhi are Rs 15,582 (24K), Rs 14,286 (22K), and Rs 11,629 (18K) per gram. Gold rates in Mumbai are Rs 15,567 (24K), Rs 14,271 (22K), and Rs 11,677 (18K) per gram. Gold rates in Chennai are Rs 15,567(24K), Rs 14,271 (22K), and Rs 12,051 (18K) per gram. Gold rates in Kolkata are Rs 15,567 (24K), Rs 14,271(22K), and Rs 11,677 (18K) per gram.
Are gold prices at an all-time high or low? What is the latest update?
For our readers’ reference, Gold pricing in India is determined by both global and local factors. The international price of gold, the U.S. Dollar’s strength, and local jewelry consumption, especially around holidays, all determine gold’s intrinsic value. Consequently, the buyer in India must contend with listings that vary based on broader economic factors and seasonal market factors.
As of August 16, the Gold rates in Chennai are Rs 15,567(24K), Rs 14,271 (22K), and Rs 12,051 (18K). Gold rates in Mumbai are Rs 15,567(24K), Rs 14,271(22K), and Rs 11,677(18K). Gold rates in New Delhi are Rs 15,582(24K), Rs 14,286 (22K), and Rs 11,692 (18K). Gold rates in Kolkata are Rs 15,567 (24K), Rs 14,271 (22K), and Rs 11,677 (18K).
Moreover, Gold rates in Bangalore are Rs 15,567(24K), Rs 14,271(22K), and Rs 11,677(18K). Gold rates in Hyderabad are Rs 15,567 (24K), Rs 14,271(22K), and Rs 11,677(18K). Gold rates in Kerala are Rs 15,567 (24K), Rs 14,271 (22K), and Rs 11,677 (18K).
Today 24 Carat Gold Rate Per Gram in India (INR)
| Weight | 24K Gold | 22K Gold | 18K Gold |
|---|---|---|---|
| 1 gram | ₹15,567 | ₹14,271 | ₹11,677 |
| 8 grams | ₹1,24,536 | ₹1,14,168 | ₹93,416 |
| 10 grams | ₹1,55,670 | ₹1,42,710 | ₹1,16,770 |
| 100 grams | ₹15,56,700 | ₹14,27,100 | ₹11,67,700 |
Indian Major Cities Gold Rates Today (1 gram)
| City | 24K Gold (1g) | 22K Gold (1g) | 18K Gold (1g) |
|---|---|---|---|
| Chennai | ₹15,567 | ₹14,271 | ₹12,051 |
| Mumbai | ₹15,567 | ₹14,271 | ₹11,677 |
| Delhi | ₹15,582 | ₹14,286 | ₹11,692 |
| Kolkata | ₹15,567 | ₹14,271 | ₹11,677 |
| Bangalore | ₹15,567 | ₹14,271 | ₹11,677 |
| Hyderabad | ₹15,567 | ₹14,271 | ₹11,677 |
| Kerala | ₹15,567 | ₹14,271 | ₹11,677 |
| Pune | ₹15,567 | ₹14,271 | ₹11,677 |
| Vadodara | ₹15,572 | ₹14,276 | ₹11,682 |
| Ahmedabad | ₹15,572 | ₹14,276 | ₹11,682 |
| Jaipur | ₹15,582 | ₹14,286 | ₹11,692 |
| Lucknow | ₹15,582 | ₹14,286 | ₹11,692 |
| Coimbatore | ₹15,567 | ₹14,271 | ₹12,051 |
| Madurai | ₹15,567 | ₹14,271 | ₹12,051 |
| Vijayawada | ₹15,567 | ₹14,271 | ₹11,677 |
| Patna | ₹15,572 | ₹14,276 | ₹11,682 |
| Nagpur | ₹15,567 | ₹14,271 | ₹11,677 |
| Chandigarh | ₹15,582 | ₹14,286 | ₹11,692 |
| Surat | ₹15,572 | ₹14,276 | ₹11,682 |
| Bhubaneswar | ₹15,567 | ₹14,271 | ₹11,677 |
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