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There was an increase in the prices of gold and silver today i.e. on 11th August. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has increased by Rs 1,849 to Rs 1.52 lakh.
The price of one kg silver has increased by Rs 2,907 to Rs 2.34 lakh. This month i.e. in August, in just 10 days, gold has become costlier by Rs 9,630 and silver by Rs 15,985.
Gold price according to carat
| carat | Price (Rs/10 grams) |
| 24 | ₹1,52,490 |
| 22 | ₹1,39,681 |
| 18 | ₹1,14,368 |
| 14 | ₹89,207 |
Gold price in big cities of the country
| City | 10 grams 24 carat |
| Delhi | ₹1,55,280 |
| Mumbai | ₹1,55,460 |
| Kolkata | ₹1,55,460 |
| Jaipur | ₹1,55,280 |
| Bhopal | ₹1,55,180 |
| Patna | ₹1,55,180 |
| Lucknow | ₹1,55,280 |
| Raipur | ₹1,55,460 |
| Ahmedabad | ₹1,55,180 |
Source: goodreturns 11 August 2026
There has been a rise in gold and silver so far this year
This year, there are continuous fluctuations in the prices of gold and silver. Gold has become costlier by Rs 19 thousand so far in 2026. On December 31, 2025, 10g gold was above Rs 1.33 lakh, which has now reached Rs 1.53 lakh.
There is an increase of Rs 4 thousand in the price of silver. Silver was Rs 2.30 lakh per kg on December 31, 2025, which is now at Rs 2.34 lakh. During this period, on January 29, gold had made an all-time high of Rs 1.76 lakh and silver had also made an all-time high of Rs 3.86 lakh.
Gold and silver movement so far this year
| date | Sleep | Silver |
| 31 December 2025 | ₹1,33,195 | ₹2,30,420 |
| 31 January 2026 | ₹1,65,795 | ₹3,39,350 |
| 28 February 2026 | ₹1,50,997 | ₹2,66,700 |
| 31 March 2026 | ₹1,46,733 | ₹2,30,135 |
| 30 April 2026 | ₹1,50,263 | ₹2,40,331 |
| 31 May 2026 | ₹1,56,463 | ₹2,63,350 |
| 30 June 2026 | ₹1,41,286 | ₹2,25,425 |
| 31 July 2026 | ₹1,42,860 | ₹2,18,295 |
| 11 August 2026 | ₹1,52,490 | ₹2,34,280 |
Note:- Gold price per 10 grams and silver price in kg. Source:- IBJA
Gold can go up to Rs 1.60 lakh this year
According to commodity expert Ajay Kedia, the prices of gold and silver have come down much from their high. In such a situation, investors are investing in it, although lump sum investment in these should be avoided. According to Ajay Kedia, by the end of the year, gold can once again go up to Rs 1.60 lakh and silver up to Rs 2.80 lakh.
You can invest in gold and silver through ETF
Exchange traded funds are based on the rising and falling prices of gold and silver. Buying and selling of Gold ETF or Silver ETF can be done on BSE and NSE like shares. However, you do not get gold or silver in it. Whenever you want to get out of it, you will get money equal to the price of gold and silver at that time. You can start investing in this with less than Rs 500.
How can one invest in it?
To buy ETF you have to open a demat account through your broker. In this, you can buy units of ETF available on NSE and the equivalent amount will be deducted from the bank account linked to your demat account. ETFs are deposited into your account two days after the order is placed in your demat account. ETFs are sold through a trading account only.
Keep these 2 things in mind while buying gold from jewelers
- Buy only certified gold: Always buy certified gold bearing the hallmark of Bureau of Indian Standards (BIS). This number can be alphanumeric i.e. something like this – AZ4524. Hallmarking shows how many carats the gold is.
- Price Cross Check: Cross-check the correct weight of gold and its price on the day of purchase from multiple sources (such as the website of India Bullion and Jewelers Association). The price of gold varies according to 24 carat, 22 carat and 18 carat.
4 ways to identify real silver
- Magnet Test: Real silver does not stick to magnets. If it sticks then it is fake.
- Ice Test: Place ice on silver. Ice melts faster on real silver.
- Smell Test: Real silver has no smell. Fakes smell like copper.
- Cloth Test: Rub the silver with a white cloth. If a black mark appears then it is real.
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