Gold prices were still high across India on Monday, 24 August 2026, with the precious metal continuing its strong upward movement. As of 6:20 am, gold prices of 24K were Rs 1,62,810 per 10 grams and 22K were Rs 1,49,243 per 10 grams.
Gold is performing well in recent weeks. 24K gold has risen more than 4% in the past week and nearly 62% in the past year. The rapid rise has put gold in the minds of investors, traders and many jewellery buyers.
City-wise rates exhibited a variation across the major Indian markets. Chennai had the highest 24K gold price among the major cities listed, whereas Delhi had the lowest rate.
24K Gold Price Today
The 24K gold rate, which represents gold of the highest purity commonly traded in the bullion market, varied across major cities on August 24.
- Mumbai: Rs 1,62,520 per 10 grams.
- Delhi: Rs 1,62,240 per 10 grams.
- Chennai: Rs 1,62,990 per 10 grams.
- Kolkata: Rs 1,62,300 per 10 grams.
- Bengaluru: Rs 1,62,000 per 10 grams.
- Hyderabad: Rs 1,62,350 per 10 grams.
The difference between city rates is said to be due to local taxes, transportation costs, demand conditions and market-specific pricing.
22K Gold Price Today
For jewellery buyers, 22K gold is still very important because it is used in ornaments. On Monday, 22K gold rates in large cities were:
- Mumbai: Rs 1,48,977 per 10 grams.
- Delhi: Rs 1,48,720 per 10 grams.
- Chennai: Rs 1,49,408 per 10 grams.
- Kolkata: Rs 1,48,775 per 10 grams.
- Bengaluru: Rs 1,49,096 per 10 grams.
- Hyderabad: Rs 1,49,215 per 10 grams.
Chennai again had the highest 22K gold rate among these markets while Delhi had the lowest.
Silver Price Today
Silver prices remained high too. The price of 999 fine silver was at Rs 2,47,540 per kg and 925 sterling silver at Rs 2,28,975 per kg on August 24.
Silver has also made significant gains over shorter and longer periods. The 999 fine silver rate increased by almost 3.53% over the past week and has surged nearly 112% over the past year.
City-Wise Silver Rates
The latest 999 fine silver prices across major cities were:
- Mumbai: Rs 2,47,090 per kg.
- Delhi: Rs 2,46,670 per kg.
- Chennai: Rs 2,47,810 per kg.
- Kolkata: Rs 2,46,770 per kg.
- Bengaluru: Rs 2,47,290 per kg.
- Hyderabad: Rs 2,47,480 per kg.
Chennai recorded the highest silver rate among the cities, while Delhi had the lowest.
What should Gold Buyers know?
The price of gold has increased drastically in recent years, and its price could cause consumers to consider the timing of buying jewellery for weddings or festivals. For retail jewellery prices, such as that quoted, bullion prices can be higher than the bullion rates because there are making charges, taxes and other costs that are incurred.
Gold prices, on the other hand, can change considerably during the trading day in terms of international gold prices, currency movements, interest rate expectations, geopolitical developments and domestic market conditions.
The quoted rates are indicative and may vary between jewellers and locations. Before purchasing, the customer should check with their jeweller the latest price.
Gold and silver prices will be in focus
Both precious metals are closely watched by Indian investors, with gold rising nearly 62% in the past year and silver even faster at a rate of nearly 112 percent a year. The good price growth is also giving gold more exposure as a portfolio diversification and wealth-preservation asset.
On August 24, Chennai was the costliest among the major cities for gold and silver, and Delhi had the lowest price. Global and domestic market influences will continue to affect precious metals, and prices will be watched closely in the next few days.
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