Gold, Silver Prices Steady in India Amid Global Weakness

Gold and silver prices in India remained stable on August 9, 2026, influenced by prevailing weakness across international bullion markets.

Despite this international pressure, domestic gold prices reached ₹1,45,165 per 10 grams. Similarly, silver approached the ₹2,23,800 per kilogram mark in the Indian market.

On the Multi Commodity Exchange, gold futures registered a 0.60% increase, indicating some underlying buying interest despite the broader international sentiment. Silver futures also saw an upward trend, rising by approximately 0.99% during the trading session.

Detailed Retail Price Landscape

Retail prices for 24-karat and 22-karat gold were meticulously detailed across India’s major cities. These included key economic hubs such as Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad, and Chennai.

Correspondingly, the retail silver rates were also published for these identical metropolitan areas, reflecting the day’s market movements in the physical metal segment.

Understanding the composition, 24-karat gold is universally recognised for its unparalleled purity. In contrast, 22-karat gold remains the preferred choice for jewelry manufacturing due to its superior durability and workability.

Future Trajectory: Key Economic Indicators

Looking ahead, market participants are poised to continuously track a confluence of critical global economic data. Attention will also be paid to US interest rate expectations and fluctuating currency movements.

These external factors are collectively anticipated to provide the essential further direction for price trends within the precious metals sector, shaping the market’s trajectory.

Leading jewelers, including prominent names such as Joyalukkas, Malabar Gold & Diamonds, and Tanishq, reported only marginal price variations. These minor discrepancies are typically attributed to each brand’s specific policies and varying regional market conditions.