Archive · 31 Aug 2026
Gold and Silver Rates Fall Across Indian Cities
Gold and silver prices were reported for Indian cities on August 30 and August 31, 2026.
Gold comes in different purities, including 24-karat and 22-karat.
Twenty-four-karat gold is purer, while 22-karat gold is stronger for jewellery.
On August 31, 24-karat gold cost ₹1,58,390 per 10 grams in each listed city.
Twenty-two-karat gold cost ₹1,45,200 per 10 grams.
Silver cost ₹2,54,100 per kilogram in all the listed cities on August 31.
These prices were lower than the rates reported on August 30.
Buyers and sellers watch economic news, expected US interest rates and currency movements because these can affect precious-metal prices.
On August 31, 24-karat and 22-karat gold were each quoted at ₹1,58,390 and ₹1,45,200 per 10 grams respectively across six cities.
Silver was priced uniformly at ₹25,410 per 100 grams, or ₹2,54,100 per kilogram, on August 31.
Compared with August 30, gold and silver rates were lower in the listed markets.
The August 30 silver rate ranged from ₹2,66,900 per kilogram in Bengaluru and Kolkata to ₹2,80,900 in Hyderabad.
The August 31 jeweller table listed Joyalukkas and Malabar Gold & Diamonds at ₹14,505 per gram for 22-karat gold, while Tanishq was listed at ₹14,550.
- Who
- Retail gold and silver markets, along with Joyalukkas, Malabar Gold & Diamonds and Tanishq.
- What
- Gold and silver rates were reported for major Indian cities and jewellery retailers on August 30 and August 31.
- When
- August 30 and August 31, 2026.
- Where
- Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad and Chennai.
- Why
- Market participants track global economic data, US interest-rate expectations and currency movements; retailer differences reflect brand pricing, procurement costs and regional conditions.
- August 31 24K gold
- ₹1,58,390 per 10 grams in Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad and Chennai
- August 31 22K gold
- ₹1,45,200 per 10 grams in all six listed cities
- August 31 silver
- ₹25,410 per 100 grams, or ₹2,54,100 per kilogram, in all six listed cities
- August 30 gold
- 24K gold ranged from ₹1,61,140 to ₹1,61,290 per 10 grams; 22K gold ranged from ₹1,47,710 to ₹1,47,860
- August 30 silver
- Rates ranged from ₹2,66,900 to ₹2,80,900 per kilogram, with Hyderabad highest and Bengaluru and Kolkata lowest
- August 31 jeweller table
- Joyalukkas and Malabar Gold & Diamonds: ₹14,505 per gram for 22K; Tanishq: ₹14,550 per gram for 22K
- Reported data discrepancy
- The August 31 article's prose says Joyalukkas and Malabar quoted ₹15,824 per gram, while its table lists ₹14,505 for 22K; the table separately lists Malabar 24K at ₹15,824
