Gold Rate Today: Gold Prices Ease on August 17; Check Latest 22K and 24K Rates in Delhi, Mumbai and Other Cities

Gold Rate Today: Gold prices moved lower across major Indian cities on Monday, August 17. In Delhi, 24-carat gold was priced at ₹1,55,270 per 10 grams, while 22-carat gold stood at ₹1,42,340. Silver prices also showed a declining trend.

Gold prices declined in several Indian cities on Monday, August 17, 2026, providing some relief to buyers after the precious metal recorded strong gains during the previous week. Rates for both 22-carat and 24-carat gold moved lower in major markets, including Delhi, Mumbai, Chennai and Kolkata.

In Delhi, 24-carat gold was priced at ₹1,55,270 per 10 grams, while 22-carat gold was available at ₹1,42,340 per 10 grams.

Mumbai recorded slightly lower rates. 24-carat gold in Mumbai stood at ₹1,55,120 per 10 grams, while 22-carat gold was priced at ₹1,42,190 per 10 grams.

Gold had gained substantially during the previous week. Depending on the city, 24-carat gold prices had increased by as much as ₹3,490, while 22-carat gold had become costlier by up to ₹3,200.

Gold Price Today in Major Indian Cities

Gold Rate in Delhi

Gold remained slightly more expensive in Delhi compared with Mumbai and several other metropolitan cities.

The price of 22-carat gold was ₹1,42,340 per 10 grams, while buyers looking for 24-carat gold had to pay around ₹1,55,270 per 10 grams.

Actual jewellery purchase prices may be higher after adding making charges, applicable taxes and other charges.

Gold Rate in Mumbai and Kolkata

Mumbai and Kolkata reported identical gold rates on August 17.

In both cities, 22-carat gold was priced at ₹1,42,190 per 10 grams, while 24-carat gold stood at ₹1,55,120 per 10 grams.

Chennai and Hyderabad also reported the same rates.

Gold Price in Jaipur

In Jaipur, 22-carat gold was priced at ₹1,42,340 per 10 grams, while the rate for 24-carat gold stood at ₹1,55,270 per 10 grams.

These rates were the same as those reported in Delhi, Lucknow and Chandigarh.

What's Happening to Gold in the International Market?

International gold prices remained at elevated levels. Spot gold was quoted at around $4,379.9 per ounce.

Despite the decline seen in domestic prices on Monday morning, international gold had gained around 0.9% over the previous week.

Global gold prices can be influenced by several factors, including movements in the US dollar, interest-rate expectations, bond yields, inflation expectations, central-bank activity and geopolitical developments.

Domestic prices are additionally affected by the rupee-dollar exchange rate, import-related costs, taxes and local demand.

Silver Price Also Declines

Silver also witnessed some weakness on August 17. The domestic price was reported at around ₹2,49,900 per kilogram in the morning.

Despite Monday's decline, silver had gained around ₹5,000 per kilogram during the previous week.

In the international market, spot silver was quoted at around $64.88 per ounce.

Gold Imports Rise, Silver Imports Decline

According to Commerce Ministry data cited in the report, India's gold imports increased 4.77% to $4.16 billion in July.

Silver imports, meanwhile, fell sharply by 66.1% to $171.6 million during the period.

The report attributed the changing import trend partly to higher customs duty on precious metals, stating that the duty was increased from 6% to 15% from May 13.

What Should Buyers Keep in Mind?

Gold rates can change during the day and may also vary slightly between cities and jewellers. The quoted market rate is also not necessarily the final amount paid when purchasing jewellery.

Buyers should check the latest rate, purity or hallmarking, making charges and applicable taxes before completing a purchase.

Disclaimer: Gold and silver prices fluctuate based on domestic and international market conditions. The information above is for general informational purposes and should not be treated as investment advice.