Gold Price Today in India (August 19): Gold prices declined in India on Wednesday, August 19, with all 3 major purity categories coming under pressure. 24K gold fell ₹92 per gram to ₹15,497, while 22K gold declines ₹85 to ₹14,205 per gram. The 18K rate stood at ₹11,623 per gram. This puts the 10-gram prices at ₹1,54,970 for 24K, ₹1,42,050 for 22K and ₹1,16,230 for 18K gold.
The decline followed weakness in the domestic and international bullion markets. Investors are tracking US Federal Reserve policy signals, Treasury yields, the dollar and geopolitical developments for the next direction in gold prices.
Gold Price Today in India (August 19): 18K, 22K, 24K
The latest benchmark gold rates in India on August 19 are:
- 24K Gold (99.9% purity): ₹15,497 per gram | ₹1,54,970 per 10 grams
- 22K Gold (91.6% purity): ₹14,205 per gram | ₹1,42,050 per 10 grams
- 18K Gold (75% purity): ₹11,623 per gram | ₹1,16,230 per 10 grams
Gold Price Today in India (August 19): Domestic Gold Prices
Domestic gold prices extended their decline on Wednesday after the market saw pressure in the previous session. The 24K rate dropped by ₹920 per 10 grams, while 22K gold fell by ₹850 per 10 grams.
The movement reflects the sensitivity of domestic bullion to global gold prices, currency movements and expectations surrounding US monetary policy. Investors are also assessing whether recent weakness represents a short-term correction or the beginning of a broader pullback.
Retail buyers should remember that the quoted gold rate does not represent the final jewellery bill. GST, making charges and other costs can increase the amount payable at the store.
Gold Price Today in India (August 19): City-wise Gold Rate Today (Per 10 Grams)
Gold prices remained broadly similar across several major Indian cities, although 18K rates showed larger variations. The following figures are based on the latest city-wise rates available for August 19.
Delhi Gold Rate Today (August 19)
- 24K Gold: ₹1,55,120 per 10 grams
- 22K Gold: ₹1,42,200 per 10 grams
- 18K Gold: ₹1,16,380 per 10 grams
Mumbai Gold Rate Today (August 19)
- 24K Gold: ₹1,54,970 per 10 grams
- 22K Gold: ₹1,42,050 per 10 grams
- 18K Gold: ₹1,16,230 per 10 grams
Chennai Gold Rate Today (August 19)
- 24K Gold: ₹1,54,970 per 10 grams
- 22K Gold: ₹1,42,050 per 10 grams
- 18K Gold: ₹1,19,850 per 10 grams
Bengaluru Gold Rate Today (August 19)
- 24K Gold: ₹1,54,970 per 10 grams
- 22K Gold: ₹1,42,050 per 10 grams
- 18K Gold: ₹1,16,230 per 10 grams
Hyderabad Gold Rate Today (August 19)
- 24K Gold: ₹1,54,970 per 10 grams
- 22K Gold: ₹1,42,050 per 10 grams
- 18K Gold: ₹1,16,960 per 10 grams
Kolkata Gold Rate Today (August 19)
- 24K Gold: ₹1,54,970 per 10 grams
- 22K Gold: ₹1,42,050 per 10 grams
- 18K Gold: ₹1,16,960 per 10 grams
Kerala Gold Rate Today (August 19)
- 24K Gold: ₹1,54,970 per 10 grams
- 22K Gold: ₹1,42,050 per 10 grams
- 18K Gold: ₹1,16,960 per 10 grams
Pune Gold Rate Today (August 19)
- 24K Gold: ₹1,54,970 per 10 grams
- 22K Gold: ₹1,42,050 per 10 grams
- 18K Gold: ₹1,16,230 per 10 grams
Ahmedabad Gold Rate Today (August 19)
- 24K Gold: ₹1,55,020 per 10 grams
- 22K Gold: ₹1,42,100 per 10 grams
- 18K Gold: ₹1,16,280 per 10 grams
Lucknow Gold Rate Today (August 19)
- 24K Gold: ₹1,55,080 per 10 grams
- 22K Gold: ₹1,42,053 per 10 grams
- 18K Gold: ₹1,16,310 per 10 grams
Gold Price Today in India (August 19): MCX Performance
Gold futures remained volatile on the Multi Commodity Exchange on Wednesday. MCX gold slipped below the ₹1.54 lakh-per-10-gram mark earlier in the session before recovering some losses.
The key factors to watch for MCX gold include:
- MCX Gold: Around ₹1.54 lakh per 10 grams
- Domestic 24K Gold: ₹1,54,970 per 10 grams
- Spot Gold: Around the $4,300-plus per ounce zone
- Fed policy: Key driver for global bullion sentiment
- US Treasury yields: Higher yields can pressure non-yielding gold
- US dollar: Currency movements can influence international bullion prices
Gold Price Today in India (August 19): Key Considerations For Buyers
The decline in gold prices could attract buyers who have been waiting for a lower entry point, but consumers should compare the complete jewellery cost before making a purchase.
- Check purity: Look for the BIS hallmark and HUID on jewellery.
- Compare jewellers: Different retailers can quote different rates and making charges.
- Check making charges: These can add significantly to the final bill.
- Factor in GST: The displayed gold rate is not the final amount payable.
- Check weight: Ask for a separate breakup of gold, stones and other materials.
- Choose the right purity: 22K gold is widely used for jewellery, while 24K is generally preferred for investment products such as bars and coins.
- Track MCX gold: Domestic futures can provide clues about short-term price movements.
- Watch global cues: Fed policy, the dollar, Treasury yields, crude oil and geopolitical developments can all affect gold.
