Gold prices slipped in India on August 26, 2026, giving buyers some relief after the recent strong rally.
The price of 24K gold is ₹1,62,470 per 10 grams, down ₹660 from the previous close. Meanwhile, 22K gold is priced at ₹1,48,931 per 10 grams.
The 18K gold rate stands at ₹1,21,853 per 10 grams.
Gold prices can change based on several factors, including international gold rates, movement in the US dollar, import duties and domestic market conditions.
Gold Prices in India vs Dubai
Gold continues to be considerably more expensive in India than in Dubai.
On August 26, the price of 24K gold in Dubai was around ₹1,37,405 per 10 grams. This means gold in India was about ₹25,065, or 18.24%, more expensive.
The difference was similar for 22K and 18K gold. However, the comparison does not include applicable taxes, duties, fees or other charges.
Gold Rate in India Today
| Gold Type | Today’s Price | Previous Price | Change |
|---|---|---|---|
| 24K | ₹1,62,470 | ₹1,63,130 | -₹660 |
| 22K | ₹1,48,931 | ₹1,49,536 | -₹605 |
| 18K | ₹1,21,853 | ₹1,22,348 | -₹495 |
Why Are Gold Prices Falling Today?
Gold prices have moved lower after the precious metal recently touched a three-month high.
One reason behind the decline is profit booking by traders. A slightly stronger US dollar has also put pressure on gold.
When the dollar strengthens, gold becomes more expensive for investors holding other currencies. This can reduce demand for the precious metal.
Investors are now closely watching upcoming US economic data, particularly the Personal Consumption Expenditure (PCE) data, for clues about the US Federal Reserve’s future interest-rate decisions.
Despite today’s decline, gold remains strong on a monthly basis.
The yellow metal has gained more than 14% so far this month, supported by investment and import demand from China and other factors.
What Is the Outlook for Gold?
Analysts continue to see a positive bias for gold in the near term, although a temporary correction cannot be ruled out.
Jigar Trivedi, Senior Research Analyst at IndusInd Securities, said MCX gold is expected to retain its positive trend, with ₹1,62,600 per 10 grams as support and ₹1,63,600 as resistance.
For retail investors, it is important to track both domestic and international gold prices before making a buying decision.
Gold Rates in Major Indian Cities
Gold prices are slightly different across cities because of local taxes, logistics and other charges.
| City | 24K Gold | 22K Gold | 18K Gold |
|---|---|---|---|
| Ahmedabad | ₹1,62,680 | ₹1,49,123 | ₹1,22,010 |
| Bengaluru | ₹1,62,590 | ₹1,49,041 | ₹1,21,943 |
| Chennai | ₹1,62,940 | ₹1,49,362 | ₹1,22,205 |
| Delhi | ₹1,62,190 | ₹1,48,674 | ₹1,21,643 |
| Hyderabad | ₹1,62,720 | ₹1,49,160 | ₹1,22,040 |
| Kolkata | ₹1,62,250 | ₹1,48,729 | ₹1,21,688 |
| Mumbai | ₹1,62,470 | ₹1,48,931 | ₹1,21,853 |
| Pune | ₹1,62,470 | ₹1,48,931 | ₹1,21,853 |
| Surat | ₹1,62,680 | ₹1,49,123 | ₹1,22,010 |
Gold rates can vary between jewellers and locations depending on local taxes, making charges and logistics.
