Gold Price Today in India (August 6): Gold prices in India remained in focus on August 6 as domestic bullion tracked a strong rally in international markets. The yellow metal climbed to a seven-week high after a weaker US dollar and easing expectations of another US Federal Reserve rate hike boosted demand for safe-haven assets. Investors also continued to monitor diplomatic developments surrounding the Strait of Hormuz and upcoming US employment data, both of which could influence the next move in bullion prices.
In the domestic market, gold prices continued to trade at elevated levels across major cities as buyers closely watched retail rates and MCX futures. Jewellery demand remained steady, while investors assessed whether the recent global rally could push domestic prices higher in the coming sessions.
Gold Price Today in India (August 6): 18K, 22K, 24K
Gold prices remained firm on August 6 as international bullion extended gains for the fourth straight session. Continued geopolitical uncertainty, a softer US dollar and lower expectations of an immediate US interest-rate hike supported investor sentiment, keeping the precious metal near multi-week highs.
Gold Price Today in India (August 6): Domestic Gold Prices
According to the latest benchmark rates:
- 24 Karat Gold (99.9% purity): ₹14,422 per gram (₹1,44,220 per 10 grams)
- 22 Karat Gold (91.6% purity): ₹13,220 per gram (₹1,32,200 per 10 grams)
- 18 Karat Gold: ₹10,816 per gram (₹1,08,160 per 10 grams)
Retail prices may vary slightly depending on local taxes, GST, making charges and jeweller margins.
Gold Price Today in India (August 6): City-wise Gold Rate Today (Per 10 Grams)
Here are the city-wise gold rates today:
Delhi Gold Rate Today (August 6)
- 24K Gold: ₹1,44,220
- 22K Gold: ₹1,32,200
- 18K Gold: ₹1,08,160
Mumbai Gold Rate Today (August 6)
- 24K Gold: ₹1,44,170
- 22K Gold: ₹1,32,150
- 18K Gold: ₹1,08,130
Chennai Gold Rate Today (August 6)
- 24K Gold: ₹1,44,220
- 22K Gold: ₹1,32,200
- 18K Gold: ₹1,08,160
Bengaluru Gold Rate Today (August 6)
- 24K Gold: ₹1,44,220
- 22K Gold: ₹1,32,200
- 18K Gold: ₹1,08,160
Hyderabad Gold Rate Today (August 6)
- 24K Gold: ₹1,44,220
- 22K Gold: ₹1,32,200
- 18K Gold: ₹1,08,160
Kolkata Gold Rate Today (August 6)
- 24K Gold: ₹1,44,220
- 22K Gold: ₹1,32,200
- 18K Gold: ₹1,08,160
Kerala Gold Rate Today (August 6)
- 24K Gold: ₹1,44,220
- 22K Gold: ₹1,32,200
- 18K Gold: ₹1,08,160
Pune Gold Rate Today (August 6)
- 24K Gold: ₹1,44,170
- 22K Gold: ₹1,32,150
- 18K Gold: ₹1,08,130
Ahmedabad Gold Rate Today (August 6)
- 24K Gold: ₹1,44,170
- 22K Gold: ₹1,32,150
- 18K Gold: ₹1,08,130
Lucknow Gold Rate Today (August 6)
- 24K Gold: ₹1,44,220
- 22K Gold: ₹1,32,200
- 18K Gold: ₹1,08,160
Gold Price Today in India (August 6): MCX Performance
Gold futures on the Multi Commodity Exchange (MCX) remained in focus as international bullion continued its strong upward momentum. In global markets, spot gold rose 0.2% to $4,254.98 per ounce, its highest level in seven weeks, while US gold futures advanced to $4,312.80 per ounce.
The rally was driven by a weaker US dollar, easing expectations of a September rate hike and continued safe-haven demand.
Experts said expectations for a US Federal Reserve rate hike in September have eased, with market-implied odds falling from around 67% to 55%, improving the appeal of non-yielding assets such as gold.
Investors are now awaiting key US labour market data for fresh clues on the central bank’s next policy move. Developments related to the Strait of Hormuz and broader Middle East diplomacy also remain important drivers for bullion prices.
Gold Price Today in India (August 6): Key Considerations For Buyers
Before purchasing gold, buyers should keep these points in mind:
- Buy only BIS Hallmarked jewellery carrying a valid HUID.
- Compare gold prices across multiple jewellers before making a purchase.
- Check the latest benchmark gold rates before buying.
- Remember that MCX prices represent futures contracts, while retail jewellery prices include GST and making charges.
- Ask for a proper invoice mentioning purity, weight, HUID, making charges and applicable taxes.
- Compare jewellery, coins, bars and digital gold based on your investment objectives.
- Keep track of global factors such as the US Federal Reserve’s policy outlook, the US dollar, geopolitical developments and crude oil prices, as these continue to influence domestic gold prices.
