3 weeks ago
Gold Prices Rise in India: 24K, 22K and 18K Rates
Gold is a shiny, valuable metal that people buy as jewelry and to save money.
In India, gold is sold by weight in grams, and its purity is measured in carats — 24 carat gold is the purest.
Today, August 12, 2026, the price of gold in India moved a little compared with yesterday.
One gram of 24 carat gold now costs Rs 15,486.
One gram of 22 carat gold costs Rs 14,195, and 18 carat gold costs Rs 11,614.
One article says these prices went up from the day before, but the earlier day's prices were actually a bit higher, so the reports do not exactly match.
A day earlier, gold had become noticeably more expensive.
Prices keep changing because of tensions in the Middle East.
When people feel worried about world problems, they often buy gold because it is seen as a safe thing to own.
The same rates apply in big Indian cities like Mumbai, Delhi, Chennai and Kolkata.
On August 12, 2026, 24 carat gold in India was reported at Rs 15,486 per gram, 22 carat at Rs 14,195 per gram and 18 carat at Rs 11,614 per gram, per Good Returns.
One article says the August 12 rates reflect increases of Rs 104, Rs 95 and Rs 77 respectively over August 11.
However, another article lists August 11 prices at Rs 15,513 (24K), Rs 14,220 (22K) and Rs 11,635 (18K), which are slightly higher, creating a discrepancy between the reports.
On August 11, prices had risen Rs 316 (24K), Rs 290 (22K) and Rs 237 (18K) over the August 10 levels.
Gold and silver dipped briefly when international panic subsided despite a 15% tax rate, but ongoing Middle East turmoil is keeping precious metal markets fluctuating day to day.
- Who
- Gold buyers and investors in India; prices are reported by the financial website Good Returns.
- What
- Gold rates for 24K, 22K and 18K carat gold in India on August 12, reported as rising slightly from August 11, though the two articles' figures show a small discrepancy.
- Where
- India — Chennai, Mumbai, Delhi, Kolkata and other cities.
- When
- August 12, 2026, compared with August 11, 2026; August 11 rates were compared with August 10, 2026.
- Why
- Ongoing turmoil in the Middle East keeps precious metal markets fluctuating day to day; gold and silver dipped briefly when international panic subsided despite a 15% tax rate.
Key facts
- Date
- August 12, 2026 (compared with August 11, 2026)
- 24K Gold Price (Per Gram)
- Rs 15,486
- 22K Gold Price (Per Gram)
- Rs 14,195
- 18K Gold Price (Per Gram)
- Rs 11,614
- Reported Daily Change (24K/22K/18K)
- +Rs 104 / +Rs 95 / +Rs 77
- August 11 Prices (24K/22K/18K)
- Rs 15,513 / Rs 14,220 / Rs 11,635
- August 11 Rise from August 10 (24K/22K/18K)
- +Rs 316 / +Rs 290 / +Rs 237
- Cities Covered
- Chennai, Mumbai, Delhi, Kolkata and other cities
Sources
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