Gold and silver prices remained elevated in India on Tuesday, August 11. The latest available data showed 24K gold at ₹1,53,340 per 10 grams, while silver stood at ₹2,37,840 per kg around 6:40 am. Rates can vary by city, jeweller and time of purchase.

Gold price today in India

The 24K gold rate was around ₹15,334 per gram or ₹1,53,340 per 10 grams. On the same basis, the indicative 22K rate works out to around ₹14,056 per gram or ₹1,40,556 per 10 grams.

Purity1 gram10 grams
24K gold₹15,334₹1,53,340
22K gold₹14,056*₹1,40,556*

22K figures are indicative conversions from the reported 24K rate and may differ from individual jeweller rates.

Gold Rates in Major Indian Cities

City22K Gold (10g)24K Gold (10g)18K Gold (10g)
Mumbai₹ 1,40,322₹ 1,53,190₹ 1,14,893
Delhi₹ 1,40,182₹ 1,53,037₹ 1,14,778
Bengaluru₹ 1,40,182₹ 1,53,037₹ 1,14,778
Chennai₹ 1,41,444₹ 1,54,414₹ 1,15,811
Kolkata₹ 1,41,303₹ 1,54,261₹ 1,15,696
Hyderabad₹ 1,37,400₹ 1,49,890₹ 1,14,500
Ahmedabad₹ 1,39,740₹ 1,52,440₹ 1,14,330
Pune₹ 1,40,182₹ 1,53,037₹ 1,14,778
Coimbatore₹ 1,37,500₹ 1,50,000₹ 1,14,550
Kochi₹ 1,39,290₹ 1,51,960₹ 1,13,970

Silver price today in India

Silver was trading at around ₹2,37,840 per kg, equivalent to approximately ₹237.84 per gram.

QuantityApprox. price
1 gram₹237.84
10 grams₹2,378.40
100 grams₹23,784
1 kg₹2,37,840

Silver Rates in Major Indian Cities

City10 Grams100 Grams1 Kilogram (1 Kg)
Mumbai₹ 2,450₹ 24,500₹ 2,45,000
Delhi₹ 2,450₹ 24,500₹ 2,45,000
Bengaluru₹ 2,450₹ 24,500₹ 2,45,000
Chennai₹ 2,500₹ 25,000₹ 2,50,000
Kolkata₹ 2,450₹ 24,500₹ 2,45,000
Hyderabad₹ 2,500₹ 25,000₹ 2,50,000
Ahmedabad₹ 2,450₹ 24,500₹ 2,45,000
Pune₹ 2,450₹ 24,500₹ 2,45,000
Vadodara₹ 2,450₹ 24,500

₹ 2,45,000

Kochi₹ 2,501₹ 25,010₹ 2,50,100

Gold and silver rates vary across cities

Retail prices can differ between Mumbai, Delhi, Chennai, Bengaluru, Kolkata, Hyderabad and other markets because of local market conditions and jeweller pricing. The quoted bullion rate should therefore be treated as a benchmark rather than the final jewellery purchase price.

Why gold prices are in focus

Gold has been rising for a third consecutive session in global markets, with investors watching upcoming US inflation data for clues about the Federal Reserve's interest-rate outlook. Expectations around US rates can influence demand for gold because the precious metal does not pay interest.

GST and making charges

The quoted gold rate does not represent the final amount payable for jewellery. Buyers also need to account for applicable GST and making charges, which vary depending on the jeweller and the design.

For silver jewellery and articles, the final price can similarly differ from the bullion rate because of GST and making or processing charges.

Gold vs silver prices today

On August 11, gold remained significantly more expensive on a per-unit basis, while silver continued to trade at elevated levels compared with earlier months. Both precious metals are being closely watched amid global economic uncertainty and expectations surrounding US monetary policy.

(Disclaimer: Gold and silver rates mentioned in this article are indicative and may vary by city, jeweller, purity, market conditions and the time of purchase. The final jewellery or silver article price may also include GST, making charges and other applicable costs. Readers should verify the latest rates with authorised jewellers or bullion dealers before making any purchase or investment decision.)