Gold Price Today in India (August 17): Gold prices opened the new week on a stronger note in India after remaining steady over the weekend. Domestic bullion prices moved higher as global gold continued to find support from safe-haven demand and expectations around the US Federal Reserve’s next interest rate decision.
The latest benchmark showed 24K gold at ₹1,55,660 per 10 grams, while 22K gold stood at ₹1,42,700 per 10 grams and 18K gold at ₹1,16,760 per 10 grams. MCX gold also traded above ₹1.55 lakh per 10 grams in early deals, keeping the precious metal firmly in focus among investors and buyers.
Gold Price Today in India (August 17): 18K, 22K, 24K
Gold prices moved higher in India on Monday, August 17, as the domestic bullion market reopened after the weekend. The latest Goodreturns data shows 24K gold at ₹15,566 per gram, 22K at ₹14,270 per gram and 18K at ₹11,676 per gram. On a 10-gram basis, that comes to ₹1,55,660 for 24K, ₹1,42,700 for 22K and ₹1,16,760 for 18K gold.
The three purity categories gained ₹53, ₹50 and ₹41 per gram, respectively, from the previous quoted rates. The rise came as global gold prices strengthened, with a weaker US dollar and changing expectations around Federal Reserve policy supporting demand for bullion.
Gold Price Today in India (August 17): Domestic Gold Prices
Domestic gold prices started the new week on a stronger note. According to Goodreturns, 24K gold rose to ₹1,55,660 per 10 grams, while 22K gold climbed to ₹1,42,700 per 10 grams. The 18K rate stood at ₹1,16,760 per 10 grams. The latest national benchmark rates are:
- 24K Gold: ₹15,566 per gram | ₹1,55,660 per 10 grams
- 22K Gold: ₹14,270 per gram | ₹1,42,700 per 10 grams
- 18K Gold: ₹11,676 per gram | ₹1,16,760 per 10 grams
Gold Price Today in India (August 17): City-Wise Gold Rate Today (Per 10 Grams)
Gold prices showed relatively small differences across major Indian cities on August 17. Delhi quoted the highest 24K and 22K rates among the cities listed by Goodreturns, while Chennai reported a significantly higher 18K rate.
Delhi Gold Rate Today (August 17)
- 24K Gold: ₹1,55,810 per 10 grams
- 22K Gold: ₹1,42,850 per 10 grams
- 18K Gold: ₹1,16,910 per 10 grams
Mumbai Gold Rate Today (August 17)
- 24K Gold: ₹1,55,660 per 10 grams
- 22K Gold: ₹1,42,700 per 10 grams
- 18K Gold: ₹1,16,760 per 10 grams
Chennai Gold Rate Today (August 17)
- 24K Gold: ₹1,55,660 per 10 grams
- 22K Gold: ₹1,42,700 per 10 grams
- 18K Gold: ₹1,20,500 per 10 grams
Bengaluru Gold Rate Today (August 17)
- 24K Gold: ₹1,55,660 per 10 grams
- 22K Gold: ₹1,42,700 per 10 grams
- 18K Gold: ₹1,16,760 per 10 grams
Hyderabad Gold Rate Today (August 17)
- 24K Gold: ₹1,55,660 per 10 grams
- 22K Gold: ₹1,42,700 per 10 grams
- 18K Gold: ₹1,16,760 per 10 grams
Kolkata Gold Rate Today (August 17)
- 24K Gold: ₹1,55,660 per 10 grams
- 22K Gold: ₹1,42,700 per 10 grams
- 18K Gold: ₹1,16,760 per 10 grams
Kerala Gold Rate Today (August 17)
- 24K Gold: ₹1,55,660 per 10 grams
- 22K Gold: ₹1,42,700 per 10 grams
- 18K Gold: ₹1,16,760 per 10 grams
Pune Gold Rate Today (August 17)
- 24K Gold: ₹1,55,660 per 10 grams
- 22K Gold: ₹1,42,700 per 10 grams
- 18K Gold: ₹1,16,760 per 10 grams
Ahmedabad Gold Rate Today (August 17)
- 24K Gold: ₹1,55,710 per 10 grams
- 22K Gold: ₹1,42,750 per 10 grams
- 18K Gold: ₹1,16,810 per 10 grams
Lucknow Gold Rate Today (August 17)
- 24K Gold: ₹15,089 per gram | ₹1,50,890 per 10 grams
- 22K Gold: ₹14,370 per gram | ₹1,43,700 per 10 grams
- 18K Gold: ₹11,757 per gram | ₹1,17,570 per 10 grams
Gold Price Today in India (August 17): MCX Performance
MCX gold opened the week higher but gave up part of its early gains. MCX gold touched an intraday high of ₹1,56,155 per 10 grams before correcting towards the ₹1.55 lakh level.
International spot gold also remained firm, trading around $4,395 per ounce, according to Goodreturns. The movement reflected continued demand for the safe-haven asset amid geopolitical uncertainty and expectations around US monetary policy.
The key MCX and global bullion figures are:
- MCX Gold: ₹1,55,170 per 10 grams, up 0.23% in early trade
- MCX Gold Intraday High: ₹1,56,155 per 10 grams
- Spot Gold: Around $4,395 per ounce
- MCX Silver: Around ₹2,38,620 per kg
- Brent Crude: Near $89 per barrel
- WTI Crude: Above $82 per barrel
Gold Price Today in India (August 17): Key Considerations For Buyers
Gold’s rise on Monday does not necessarily mean buyers should rush into the market. Consumers should compare the complete jewellery cost because the headline bullion rate does not include every charge.
- Check purity: Verify the BIS hallmark and HUID before purchasing jewellery.
- Compare jewellers: Different stores can quote different retail rates.
- Check making charges: These can substantially increase the final bill.
- Account for GST: The displayed gold rate is not the final jewellery price.
- Check weight: Ask for a separate breakup of gold and stone weight.
- Compare 22K and 24K: 22K is commonly used for jewellery, while 24K is preferred for bars and coins.
- Track MCX gold: Domestic futures can provide clues about short-term price direction.
- Watch global cues: The US dollar, Federal Reserve expectations, crude oil and geopolitical tensions can influence gold prices.
