3 weeks ago
Gold Prices Rise; Check 24K, 22K, 18K Rates in India
Gold is a shiny yellow metal that people use to make jewelry and to save money.
In India, the price of gold went up on Monday, August 10, 2026, and rose again in early trading on Tuesday, August 11.
On the MCX, India's big commodity market, 24-carat gold futures climbed by Rs 2,000 to Rs 1,55,099 per 10 grams, a jump of about 1.31 percent.
A gram of very pure 24-karat gold costs about Rs 15,197.
A gram of 22-karat gold costs about Rs 13,930, and a gram of 18-karat gold costs about Rs 11,398.
Around the world, gold prices touched $4,478.90 for one ounce.
In India, bullion rates also rose to around Rs 1.56 lakh per 10 grams, according to the All India Sarafa Association.
A finance company named Motilal Oswal shared a report about gold.
The report says that world problems alone may not be enough to keep gold prices climbing.
Investors are also watching how those problems affect inflation and interest rates, so gold prices depend on many things.
Gold prices gained on Monday, August 10, 2026, with MCX gold up 0.26 percent and opening at Rs 1.51 lakh per 10 grams.
On Tuesday, August 11, 24-carat gold futures on MCX climbed by Rs 2,000 (1.31 percent) to Rs 1,55,099 per 10 grams.
Per-gram rates in India were Rs 15,197 for 24K gold (99.9% purity), Rs 13,930 for 22K gold (91.6% purity) and Rs 11,398 for 18K gold (75% purity).
International gold prices touched $4,478.90 per ounce, while All India Sarafa Association data showed rates around Rs 1.56 lakh per 10 grams.
MOFSL's H1 2026 Precious Metals Report cautioned that geopolitical risks alone may not sustain the gold rally as investors assess their impact on inflation and interest rates.
- Who
- Gold buyers and investors in India, along with analysts at Motilal Oswal Financial Services Ltd (MOFSL)
- What
- Gold prices rose for a second day, with MCX 24-carat gold futures up Rs 2,000 (1.31 percent) to Rs 1,55,099 per 10 grams on August 11 after a 0.26 percent gain on August 10; per-gram 24K, 22K and 18K rates were also reported.
- Where
- India, including Delhi, Mumbai, Kolkata, Chennai, Lucknow and other major cities; prices tracked on the Multi Commodity Exchange (MCX) and international bullion markets
- When
- Monday, August 10 and Tuesday, August 11, 2026
- Why
- Prices kept gaining amid a weaker rupee and firm investor interest, though MOFSL cautioned that geopolitical risks alone may not sustain the rally as investors weigh their impact on inflation and interest rates.
Ongoing Rally
Rally May Not Last
Gold price outlook
Ongoing Rally
Gold prices are continuing to gain, with MCX futures climbing 1.31 percent on August 11 after rising 0.26 percent on August 10.
Rally May Not Last
MOFSL's H1 2026 Precious Metals Report says geopolitical risks alone may not be enough to sustain the gold rally as investors evaluate their impact on inflation and interest rates.
Key facts
- MCX 24K Gold Futures (Aug 11)
- Rs 1,55,099 per 10 grams (+Rs 2,000 / +1.31%)
- Previous Session Settlement
- Rs 1,53,099 per 10 grams
- MCX Gold on Aug 10
- Opened at Rs 1.51 lakh per 10 grams (+0.26%)
- 24K Gold Price (per gram)
- Rs 15,197 (99.9% purity)
- 22K Gold Price (per gram)
- Rs 13,930 (91.6% purity)
- 18K Gold Price (per gram)
- Rs 11,398 (75% purity)
- International Gold Price
- $4,478.90 per ounce
- All India Sarafa Association Rate
- Around Rs 1.56 lakh per 10 grams







