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Gold prices in India fell slightly on August 18, trading below Rs 1,02,000 per 10g for 24-carat gold. In Mumbai, it was Rs 1,01,170 per 10g.
Gold Prices Today, August 18: Check latest rates in major metro cities.
Gold Price In India, August 18: Gold prices fell marginally on Monday morning to trade below Rs 1,02,000 per 10 gram for 24-carat across India, amid signs of cooling of geopolitical tensions. In Mumbai, gold prices traded at Rs 1,01,170 per 10 gram for 24-carat gold. Likewise, the price for 22-carat gold was Rs 92,740 per 10 gram.
Silver too witnessed a fall of Rs 100 to trade at Rs 1,16,100 per kg.
Gold and silver slightly higher in early Monday trade but stayed close to two-week lows as demand for safe heavens eased amid signs of cooling geopolitical tensions, said Rahul Kalantri, VP Commodities, Mehta Equities.
Although last week’s Trump–Putin talks failed to secure a ceasefire, Putin signaled openness to granting security guarantees for Ukraine through the US and Europe, he added.
However, in the futures market on the MCX, gold futures (expiring on October 03, 2025) were trading higher by 0.10% at Rs 99,934 per 10 gram, whereas silver (expiring on September 5, 2025) traded 0.14% up at Rs 1,14,101 per kg.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On August 18?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 92,900 | Rs 1,01,330 |
| Jaipur | Rs 92,900 | Rs 1,01,330 |
| Ahmedabad | Rs 92,800 | Rs 1,01,230 |
| Patna | Rs 92,800 | Rs 1,01,230 |
| Mumbai | Rs 92,740 | Rs 1,01,170 |
| Hyderabad | Rs 92,740 | Rs 1,01,170 |
| Chennai | Rs 92,740 | Rs 1,01,170 |
| Bengaluru | Rs 92,740 | Rs 1,01,170 |
| Kolkata | Rs 92,740 | Rs 1,01,170 |
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in excange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
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