Gold Price Today in India (August 18): Gold prices remained lower in India, as domestic bullion markets tracked movements in international gold and MCX futures. After starting the week on a firmer note, traders watched the US dollar, Federal Reserve rate expectations and geopolitical developments for fresh direction.
For retail buyers, 24K, 22K and 18K gold rates remained close to elevated levels, keeping the precious metal expensive despite recent volatility. City-wise prices also showed small differences because of local market conditions and jeweller pricing.
Gold Price Today in India (August 18): 24K, 22K, 18K
Gold prices remained elevated in India on Tuesday, August 18, although domestic bullion came under pressure during the trading session. The latest Goodreturns data put the 24K gold rate at ₹1,55,890 per 10 grams, while 22K gold stood at ₹1,42,900 and 18K gold at ₹1,16,920 per 10 grams.
At the same time, MCX gold slipped below ₹1.55 lakh per 10 grams as traders booked profits following the previous session’s rally. International gold also weakened amid higher US Treasury yields and rising oil prices.
Gold Price Today in India (August 18): Domestic Gold Prices
Domestic gold prices remained near record levels despite the pressure seen in futures trading.
- 24K Gold: ₹15,589 per gram | ₹1,55,890 per 10 grams
- 22K Gold: ₹14,290 per gram | ₹1,42,900 per 10 grams
- 18K Gold: ₹11,692 per gram | ₹1,16,920 per 10 grams
Gold Price Today in India (August 18): City-wise Gold Rate Today (Per 10 Grams)
Gold rates showed small variations across major Indian cities. Retail prices can differ because of local premiums, taxes, transportation costs and jeweller-specific charges.
Delhi Gold Rate Today (August 18)
- 24K Gold: ₹1,55,890 per 10 grams
- 22K Gold: ₹1,43,050 per 10 grams
- 18K Gold: ₹1,17,070 per 10 grams
Mumbai Gold Rate Today (August 18)
- 24K Gold: ₹1,55,670 per 10 grams
- 22K Gold: ₹1,42,710 per 10 grams
- 18K Gold: ₹1,16,752 per 10 grams
Chennai Gold Rate Today (August 18)
- 24K Gold: ₹1,55,890 per 10 grams
- 22K Gold: ₹1,42,900 per 10 grams
- 18K Gold: ₹1,20,700 per 10 grams
Bengaluru Gold Rate Today (August 18)
- 24K Gold: ₹1,55,670 per 10 grams
- 22K Gold: ₹1,42,710 per 10 grams
- 18K Gold: ₹1,16,920 per 10 grams
Hyderabad Gold Rate Today (August 18)
- 24K Gold: ₹1,55,890 per 10 grams
- 22K Gold: ₹1,42,900 per 10 grams
- 18K Gold: ₹1,16,920 per 10 grams
Kolkata Gold Rate Today (August 18)
- 24K Gold: ₹1,55,670 per 10 grams
- 22K Gold: ₹1,42,710 per 10 grams
- 18K Gold: ₹1,16,920 per 10 grams
Kerala Gold Rate Today (August 18)
- 24K Gold: ₹1,55,670 per 10 grams
- 22K Gold: ₹1,42,710 per 10 grams
- 18K Gold: ₹1,16,920 per 10 grams
Pune Gold Rate Today (August 18)
- 24K Gold: ₹1,55,670 per 10 grams
- 22K Gold: ₹1,42,710 per 10 grams
- 18K Gold: ₹1,16,920 per 10 grams
Ahmedabad Gold Rate Today (August 18)
- 24K Gold: ₹1,55,940 per 10 grams
- 22K Gold: ₹1,43,100 per 10 grams
- 18K Gold: ₹1,16,970 per 10 grams
Lucknow Gold Rate Today (August 18)
- 24K Gold: ₹1,55,820 per 10 grams
- 22K Gold: ₹1,42,860 per 10 grams
- 18K Gold: ₹1,17,070 per 10 grams
Gold Price Today in India (August 18): MCX Performance
MCX gold faced selling pressure on Tuesday after rising sharply in the previous session. According to Goodreturns, MCX gold fell by around ₹740 to trade below ₹1.55 lakh per 10 grams.
Internationally, spot gold fell around 0.4% to $4,397.42 per ounce as higher US Treasury yields and rising oil prices pressured the precious metal. Investors are also awaiting the Federal Reserve’s July meeting minutes for clues about its next interest-rate move.
Gold Price Today in India (August 18): Key Considerations For Buyers
Gold buyers should consider the final jewellery cost rather than relying only on the headline market rate.
- Check purity: Verify the BIS hallmark and HUID before purchasing.
- Compare jewellers: Retail rates can differ between stores.
- Check making charges: These can significantly increase the final bill.
- Account for GST: The displayed gold rate does not include every purchase-related charge.
- Check weight: Ask for a separate breakup of gold and stone weight.
- Compare 22K and 24K: 22K is widely used for jewellery, while 24K is generally preferred for bars and coins.
- Track MCX gold: Domestic futures provide useful clues about short-term price movements.
- Watch global cues: The US dollar, Treasury yields, Fed policy, crude oil and geopolitical developments can all influence gold prices.
