Gold & Silver Prices Soar: August 2026 Market Update

India’s precious metals market experienced significant upward movement on August 26, 2026, with both gold and silver registering notable gains. The price of 24K gold reached Rs 1,63,430 per 10 grams, while 22K gold stood at Rs 1,49,811 per 10 grams, according to data from Bullion.co.in.

24K Gold Rates Across Major Cities

The 24K gold segment showed varied pricing across key Indian cities on the day.

Mumbai recorded 24K gold at Rs 1,63,130 per 10 grams.

Delhi saw the lowest rate for 24K gold, priced at Rs 1,62,850 per 10 grams.

Chennai registered the highest 24K gold price at Rs 1,63,610 per 10 grams.

Kolkata’s 24K gold traded at Rs 1,62,920 per 10 grams.

Bengaluru and Hyderabad reported 24K gold prices of Rs 1,63,260 and Rs 1,63,390 per 10 grams, respectively.

22K Gold and Silver Market Overview

Similarly, 22K gold also saw diverse pricing, with Chennai again leading.

22K gold in Mumbai was Rs 1,49,536 per 10 grams.

Delhi’s 22K gold was Rs 1,49,279 per 10 grams.

Chennai recorded the highest 22K gold price at Rs 1,49,976 per 10 grams.

Kolkata, Bengaluru, and Hyderabad posted 22K gold prices of Rs 1,49,343, Rs 1,49,655, and Rs 1,49,774 per 10 grams, respectively.

In the silver market, 999 fine silver was valued at Rs 2,45,540 per kg nationally, with 925 sterling silver at Rs 2,27,125 per kg.

Chennai led silver prices at Rs 2,45,810 per kg, while Delhi had the lowest at Rs 2,44,670 per kg.

Significant Weekly and Yearly Price Increases

The precious metals demonstrated substantial growth over recent periods.

24K gold surged over 3.18% in the past week.

Over the past year, 24K gold recorded an impressive 61.4% increase.

Silver 999 fine also experienced a 3.24% rise in the last week.

The metal showed an even more significant rally of 111% over the past year.

These figures underscore a strong bullish trend in India’s gold and silver markets as of August 26, 2026.