Gold Silver Prices Today: Gold Falls ₹600 in Delhi After Four-Day Rally, Silver Jumps ₹500
Gold Silver Prices Today, August 26, 2026: Gold prices snapped a four-session winning streak in Delhi’s bullion market on Wednesday, August 26. Gold declined by ₹600 to ₹1,65,500 per 10 grams, while silver moved in the opposite direction, gaining ₹500 to reach ₹2,50,500 per kg.
The decline in gold came amid weakness in international precious-metal prices and profit-booking after the recent sharp rally.
Gold Price Falls ₹600 in Delhi
Gold had been moving higher for four consecutive trading sessions before Wednesday’s decline. After the latest correction, the precious metal settled at ₹1,65,500 per 10 grams in the Delhi bullion market.
Market experts attributed the fall primarily to profit-booking. After a sustained rise that pushed gold to multi-month highs, some investors appeared to lock in gains, putting pressure on prices.
The correction also followed weaker cues from the international bullion market.
Silver Price Rises ₹500
While gold moved lower, silver continued to attract buying interest in the domestic market.
Silver gained ₹500 per kg, taking its price to:
₹2,50,500 per kg
The contrasting movement meant that gold and silver headed in different directions in the Delhi bullion market on August 26.
Gold and Silver Prices at a Glance
| Precious Metal | August 26 Price | Movement |
|---|---|---|
| Gold | ₹1,65,500 per 10 grams | Down ₹600 |
| Silver | ₹2,50,500 per kg | Up ₹500 |
These are bullion-market prices cited for Delhi and may differ from retail jewellery rates.
International Gold Price Also Declines
Precious metals were trading under pressure in international markets as well.
Spot gold was quoted around $4,627 per ounce, down approximately 0.66%, while silver was trading around $68.39 per ounce, down about 0.27%.
The weakness in overseas gold prices also influenced sentiment in the domestic bullion market.
Why Did Gold Prices Fall Today?
One of the key reasons behind Wednesday’s decline was profit-booking following the recent rally.
Gold had risen continuously over the previous few sessions and reached levels not seen for several months. After such a strong run, investors booking profits can lead to a short-term correction even when the broader factors supporting gold remain intact.
Market participants were also assessing developments in crude oil and global monetary policy.
Crude Oil Prices Also Under Pressure
Brent crude was quoted around $87.51 per barrel, down roughly 1.22%.
According to market commentary cited in the report, easing concerns over oil supplies contributed to the decline. Developments surrounding the Strait of Hormuz were also being closely watched, with Iran and Oman reportedly discussing ways to temporarily facilitate its opening.
Changes in crude prices, geopolitical risks and inflation expectations can indirectly influence precious metals by affecting global risk sentiment and monetary-policy expectations.
Investors Watching US Federal Reserve Signals
The next major trigger for gold could come from the US Federal Reserve.
Investors are watching for indications about the future direction of US interest rates. Interest-rate expectations are particularly important for gold because the precious metal does not generate interest income.
If expectations for higher rates weaken, gold can become relatively more attractive. Conversely, expectations of tighter monetary policy can put pressure on bullion.
The market will therefore closely track upcoming comments from US policymakers for clues about the Fed’s next move.
Will Gold Prices Rise Again?
Wednesday’s ₹600 fall comes after four consecutive sessions of gains, so a single-session correction does not necessarily establish a new trend.
Gold prices in the coming sessions could be influenced by US interest-rate expectations, movements in the dollar, geopolitical developments, crude oil prices, international bullion trends and domestic festive demand.
With Raksha Bandhan approaching, retail demand for jewellery may also remain in focus in India.
Consumers planning to purchase jewellery should remember that the final amount charged by a jeweller can differ significantly from headline bullion prices because GST, making charges, wastage and other applicable costs may be added.
Disclaimer: Gold and silver prices fluctuate throughout the day and can differ across cities, jewellers and trading platforms. The prices mentioned above are based on the market levels cited for August 26, 2026 and should not be considered investment advice.