2 weeks ago
Indian Gold Rates Diverge Across Retail Markets and Futures
Gold prices changed in different ways in India on August 18 and 19, 2026.
On August 18, shop prices in Delhi, Mumbai, and Kolkata went up.
However, gold futures traded on the Multi Commodity Exchange went down.
On August 19, MCX gold futures fell again to Rs 1,53,757 for 10 grams.
Different organizations reported different prices for the same type of gold.
IBJA reported Rs 1,54,080 per 10 grams on August 19.
Other sources gave higher figures, including Rs 1,55,120 and Rs 1,58,800.
Silver was reported at Rs 2,50,000 per kilogram in Delhi, Mumbai, and Kolkata on August 18.
Prices can change quickly because markets are volatile and influenced by global developments.
On August 18, MCX 24-carat gold futures fell 0.41%, or Rs 640, to Rs 1,55,300 per 10 grams.
On August 18, retail 24-carat gold rose to Rs 1,56,040 in Delhi and Rs 1,55,890 in Mumbai and Kolkata.
On August 18, 22-carat gold increased by Rs 200 to Rs 1,43,050 in Delhi and Rs 1,42,900 in Mumbai and Kolkata.
On August 19, MCX 24-carat futures declined 0.33%, or Rs 505, to Rs 1,53,757 per 10 grams.
Gold quotes varied by source: IBJA listed 24-carat gold at Rs 1,54,080 on August 19, while other reported rates ranged from Rs 1,55,120 to Rs 1,58,800.
- Who
- Gold buyers, investors, traders, and market-price organizations in India.
- What
- Gold prices moved lower in MCX futures on August 18 and 19, while city retail rates rose on August 18 and different sources reported varying prices.
- Where
- India, including Delhi, Mumbai, and Kolkata, as well as the international bullion market.
- When
- August 18 and 19, 2026; the August 18 figures included early-trading and 8 a.m. retail rates.
- Why
- Market participants were monitoring the dollar, US monetary-policy expectations, geopolitical developments, and broader global commodity-market conditions.
Retail and Reference Quotes
Futures and Alternate Market Quotes
Direction of prices
Retail and Reference Quotes
City retail prices in Delhi, Mumbai, and Kolkata rose on August 18, with both 22-carat and 24-carat rates increasing.
Futures and Alternate Market Quotes
MCX 24-carat futures declined on August 18 and again on August 19.
Reported 24-carat price
Retail and Reference Quotes
IBJA quoted 24-carat gold at Rs 1,54,170 on August 18 and Rs 1,54,080 on August 19.
Futures and Alternate Market Quotes
GoodReturns reported Rs 1,55,810 on August 18 and Rs 1,55,120 on August 19, while the All India Sarafa Association reported Rs 1,58,800 on August 19, including taxes.
Interpretation of market movement
Retail and Reference Quotes
The August 18 city rates indicated higher retail prices for buyers in the listed cities.
Futures and Alternate Market Quotes
The lower MCX futures readings and volatile international market showed that benchmark and global-market prices were moving differently from local retail quotes.
Key facts
- August 18 MCX 24K futures
- Rs 1,55,300 per 10 grams, down Rs 640 or 0.41%
- August 19 MCX 24K futures
- Rs 1,53,757 per 10 grams, down Rs 505 or 0.33%
- August 18 Delhi retail gold
- 24K: Rs 1,56,040; 22K: Rs 1,43,050 per 10 grams
- August 18 Mumbai and Kolkata retail gold
- 24K: Rs 1,55,890; 22K: Rs 1,42,900 per 10 grams
- August 18 silver rate
- Rs 2,50,000 per kilogram in Delhi, Mumbai, and Kolkata
- August 19 IBJA quote
- 24-carat gold at Rs 1,54,080 per 10 grams
- August 19 international gold
- $4,403.20 per ounce
- August 19 reported source range
- Rs 1,55,120 from GoodReturns to Rs 1,58,800 from the All India Sarafa Association, including taxes
Sources
Gold Rate Today (August 18, 2026): Check 24K, 22K, 18K Prices In Delhi, Mumbai, Kolkata, Chennai, Lucknow And Other Major Cities
Gold Rate Today (August 19, 2026): Check 24K, 22K, 18K Prices In Delhi, Mumbai, Kolkata, Chennai, Lucknow And Other Major Cities









