There was an increase in the prices of gold and silver this week: Gold increased by ₹ 8,257 to ₹ 1.61 lakh, silver became costlier by ₹ 12,788 to ₹ 2.47 lakh per kg.

There was an increase in the prices of gold and silver this week: Gold increased by ₹ 8,257 to ₹ 1.61 lakh, silver became costlier by ₹ 12,788 to ₹ 2.47 lakh per kg.


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There was an increase in the prices of gold and silver this week. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has increased by Rs 8,257 to Rs 1.61 lakh. Earlier, it was at Rs 1.52 lakh last week i.e. on 14th August. At the same time, silver has increased from Rs 2.34 lakh per kg to Rs 2.47 lakh, its price has increased by Rs 12,788.

Gold price according to carat

carat Price (Rs/10 grams)
24 ₹1,60,620
22 ₹1,47,128
18 ₹1,20,465
14 ₹93,963

Gold price in big cities of the country

City 10 grams 24 carat
Delhi ₹1,63,240
Mumbai ₹1,63,090
Kolkata ₹1,63,090
Jaipur ₹1,63,240
Bhopal ₹1,63,140
Patna ₹1,63,140
Lucknow ₹1,63,240
Raipur ₹1,63,090
Ahmedabad ₹1,63,140

Source: goodreturns August 22, 2026

Gold has become costlier by ₹ 28 thousand this year

This year, there are continuous fluctuations in the prices of gold and silver. Gold has become costlier by Rs 28 thousand so far in 2026. On December 31, 2025, 10g gold was at Rs 1.33 lakh, which has now reached Rs 1.61 lakh.

At the same time, silver was Rs 2.30 lakh per kg on December 31, 2025, which has now reached Rs 2.47 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
22 August 2026 ₹1,60,620 ₹2,46,630

Note:- Gold price per 10 grams and silver price in kg. Source:- IBJA

By December, gold can reach Rs 1.70 lakh and silver can reach Rs 3 lakh.

Anindya Banerjee, Senior VP and Commodity Research Head, Kotak Securities, says that gold has the support of common investors as well as central banks around the world like RBI, which are continuously buying gold.

Even in difficult circumstances, gold will remain bullish. If the situation improves, a rise in silver may also be seen. According to the future situation that is visible now, the price of gold can reach Rs 1.70 lakh by December. The price of silver can also go up to Rs 3 lakh.

Keep these 3 things in mind while buying gold from jewelers

  1. 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.
  2. 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.
  3. Making Charge Game: Making charge is the fee that jewelers charge for making gold into jewellery. It is not fixed. You can bargain on this. Jewelers are often willing to reduce this, especially if you are making a large purchase. You should directly ask them for the breakup of labor cost, so that you can get a better deal.

4 ways to identify real silver

  • Magnet Test: Real silver does not stick to magnets. If it sticks then it is adulterated.
  • 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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