Gold Price Today: Gold prices climbed further across major Indian cities on August 6, 2026, tracking a strong rally in the international bullion market. In Delhi, the price of 24-carat gold moved close to ₹1.46 lakh per 10 grams, while rates in Mumbai, Kolkata, Chennai, Bengaluru and other cities also remained elevated. Silver prices strengthened as well, trading above ₹2.40 lakh per kilogram in the domestic market.
Gold Prices Continue Their Upward March
Domestic gold prices extended their gains on Thursday morning as strong global cues supported demand for precious metals.
In New Delhi, 24-carat gold was quoted at ₹1,45,910 per 10 grams, while 22-carat gold traded at ₹1,33,760 per 10 grams.
Mumbai recorded a slightly lower price, with 24-carat gold at ₹1,45,760 per 10 grams and 22-carat gold at ₹1,33,610 per 10 grams.
Similar rates were reported in Kolkata, Chennai, Hyderabad, Pune and Bengaluru.
The continued rise means buyers planning to purchase jewellery, coins or investment-grade gold may have to spend considerably more than they did in earlier months.
Gold Rates in Major Indian Cities
Here are the latest indicative gold prices across selected cities:
| City | 22-Carat Gold per 10 Grams | 24-Carat Gold per 10 Grams |
|---|---|---|
| Delhi | ₹1,33,760 | ₹1,45,910 |
| Mumbai | ₹1,33,610 | ₹1,45,760 |
| Ahmedabad | ₹1,33,660 | ₹1,45,810 |
| Chennai | ₹1,33,610 | ₹1,45,760 |
| Kolkata | ₹1,33,610 | ₹1,45,760 |
| Hyderabad | ₹1,33,610 | ₹1,45,760 |
| Jaipur | ₹1,33,760 | ₹1,45,910 |
| Bhopal | ₹1,33,660 | ₹1,45,810 |
| Lucknow | ₹1,33,760 | ₹1,45,910 |
| Chandigarh | ₹1,33,760 | ₹1,45,910 |
These are indicative market rates and may not represent the final price paid by buyers.
Jewellers may add Goods and Services Tax, making charges, wastage charges and other costs depending on the type and design of jewellery purchased.
Why Are Gold Prices Rising?
The latest increase in domestic gold prices is being linked to a sharp rise in global bullion rates.
International spot gold was reported near $4,162.76 per ounce, reflecting renewed buying by investors.
Expectations surrounding a possible agreement between the United States and Iran over the reopening of the strategically important Strait of Hormuz have also influenced global financial markets.
The Strait of Hormuz is a key route for international energy supplies. Any disruption to shipping through this passage can raise concerns about crude oil availability and inflation.
Growing hopes of easing tensions have reduced some inflation fears. This has also lowered expectations of an immediate increase in benchmark interest rates by the US Federal Reserve.
Lower interest-rate expectations can support gold because the precious metal does not offer interest income. When bond yields appear less attractive, some investors shift funds toward gold and other alternative assets.
Global Market Trends Affect Indian Prices
Indian gold prices are closely influenced by developments in international bullion markets.
The main factors include:
- Global spot gold prices
- Movement in the US dollar
- The rupee-dollar exchange rate
- US Federal Reserve policy expectations
- Geopolitical tensions
- Central-bank purchases
- Domestic jewellery and investment demand
Since India imports a large portion of its gold requirement, a weaker rupee can make overseas purchases more expensive even if the international gold price remains unchanged.
This is why domestic rates may rise more sharply when both global prices and the dollar strengthen.
Silver Prices Also Gain
Silver prices moved higher alongside gold in the Indian market.
On the morning of August 6, silver was quoted at approximately ₹2,40,100 per kilogram.
In the international market, spot silver rose to around $61.35 per ounce.
Silver receives support from two major sources of demand. It is purchased as a precious metal by investors and is also widely used in industrial applications.
Its use in electronics, solar-energy equipment, electric vehicles and other manufacturing sectors means industrial-demand expectations can have a major impact on prices.
Should Buyers Purchase Gold at Current Levels?
Consumers planning to purchase gold for weddings or festivals may consider dividing their purchases instead of buying the entire quantity at once. This can reduce the impact of short-term price fluctuations.
Investors should avoid making decisions solely because prices are rising. Gold can be volatile, and sharp rallies may be followed by temporary corrections.
Before investing, consider:
- Your investment horizon
- Existing gold exposure
- Financial goals
- Risk tolerance
- Liquidity requirements
- The difference between jewellery and investment gold
Jewellery usually carries making charges and may therefore be less efficient as a pure investment product.
Check Purity and Final Cost Before Buying
Gold buyers should verify the purity and hallmark details before completing a transaction.
Common purity levels include:
- 24-carat gold: Generally considered the purest form and commonly used for coins and bars
- 22-carat gold: Frequently used in jewellery because it is more durable
- 18-carat gold: Often used in modern or stone-studded jewellery
Customers should also ask for a proper invoice showing the gold rate, weight, purity, making charges and taxes separately.
Final Takeaway
Gold prices remained firm on August 6, with 24-carat gold reaching ₹1,45,910 per 10 grams in Delhi and ₹1,45,760 in Mumbai, Kolkata and Chennai. Silver also strengthened to around ₹2,40,100 per kilogram in the domestic market.
The latest rally is being supported by global bullion gains, changing interest-rate expectations and developments surrounding geopolitical tensions. Buyers should compare local rates, account for taxes and making charges, and assess their financial needs before making a purchase.
Disclaimer: Gold and silver prices are market-linked and can change during the day. Rates may differ by city, jeweller and product type. This article is for general information only and should not be treated as investment advice.
