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Gold Rate Today, August 14: In Mumbai, the price of gold stood at Rs 92,890 per 10 grams for 22-carat and Rs 1,01,340 per 10 grams for 24-carat.
Gold Price Today, August 14.
Gold, Silver Prices In India Today, August 14: Gold prices rose on Thursday, after the release of US inflation data, weakness in the dollar index, and growing expectations of a Fed rate cut in September. In Mumbai, the price of gold stood at Rs 92,890 per 10 grams for 22-carat and Rs 1,01,340 per 10 grams for 24-carat.
The price of silver stood at Rs 1,14,900 per kg.
In the futures market on the MCX, gold futures (expiring on August 5, 2025) rose 0.03% to trade at Rs 1,00,219 per 10 grams, while silver (expiring on September 5, 2025) was trading up by 0.17% at Rs 1,15,220 per kg.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On August 14?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 93,040 | Rs 1,01,490 |
| Jaipur | Rs 93,040 | Rs 1,01,490 |
| Ahmedabad | Rs 92,940 | Rs 1,01,390 |
| Patna | Rs 92,940 | Rs 1,01,390 |
| Mumbai | Rs 92,890 | Rs 1,01,340 |
| Hyderabad | Rs 92,890 | Rs 1,01,340 |
| Chennai | Rs 92,890 | Rs 1,01,340 |
| Bengaluru | Rs 92,890 | Rs 1,01,340 |
| Kolkata | Rs 92,890 | Rs 1,01,340 |
International Gold Prices
In the international market, gold extended gains to a third straight session on Thursday, supported by rising expectations of an interest rate cut by the U.S. Federal Reserve in September following tame inflation data, which also weighed on the dollar.
Spot gold rose 0.4% to $3,367.53 per ounce as of 0156 GMT. US gold futures for December delivery added 0.3% to $3,416.70.
The dollar languished near multi-week lows against its rivals, making gold less expensive for holders of other currencies. Benchmark US 10-year Treasury yields held near a one-week low.
U.S. consumer prices rose only marginally in July, strengthening expectations of a Fed rate cut next month, with Treasury Secretary Scott Bessent noting there is a good chance the central bank will opt for a 50 bps reduction.
Traders now see a cut on September 17 as a near certainty, according to data compiled by LSEG, and even lay around 6% odds on a super-sized half-point trim.
Non-yielding gold thrives in a low-interest-rate environment.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange 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.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
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