Gold Rate in India Today, August 26, 2026: 24K Gold Slips ₹240 per 10 gm on Wednesday

New Delhi, August 26: Gold prices in India eased on Wednesday morning, with all three major purity categories slipping after a largely flat session on Tuesday. Today’s national rate for gold stands at ₹1,63,740 per 10 grams for 24 karat gold (99.9% purity), ₹1,50,090 per 10 grams for 22 karat gold (91.6% purity), and ₹1,22,800 per 10 grams for 18 karat gold (75% purity). On a per-gram basis, that works out to ₹16,374 for 24K, ₹15,009 for 22K, and ₹12,280 for 18K gold, while a full kilogram of 24K gold is now valued at approximately ₹1,63,74,000. 

The move marks a decline of ₹240 for 24K gold, ₹220 for 22K gold, and ₹140 for 18K gold per 10 grams over Tuesday’s closing levels of ₹1,63,980, ₹1,50,310 and ₹1,22,940, respectively — equivalent to a per-gram fall of ₹24, ₹22 and ₹14, or close to 0.15%. The pullback comes after two relatively calm sessions and marks one of the softer moves gold has recorded in India this week, with prices easing back from Monday’s sharp rally. 

Gold has long been considered a reliable hedge against inflation, and its modest pullback on Wednesday is unlikely to change that view among investors, who continue to treat the metal as an important part of a diversified portfolio during periods of global uncertainty. Buyers looking for exact pricing can use the Gold Rate Calculator to work out the final cost, including making charges and GST, before heading to a jewellery counter. 

Dealers attributed Wednesday’s dip to modest profit-booking in global spot gold prices after two sessions of relative calm, with investors turning cautious ahead of fresh cues on the US Federal Reserve’s policy path. Simmering US-Iran tensions and elevated crude oil prices continued to lend some underlying support to safe-haven demand, even as broader risk sentiment stayed mixed and Indian equity benchmarks traded choppy through the morning session. 

Physical demand at the retail level remained steady, dealers said, with the ongoing wedding and festive season in several parts of the country continuing to support jewellery counter footfall even as prices hold near record highs. Market watchers noted that a modest pullback after a stretch of firm prices often gives retail buyers a window to make purchases at a slightly more comfortable level. 

City-Wise Gold Rates on Wednesday 

Gold rates across India’s major cities largely mirrored the national trend on Wednesday, with most markets quoting identical rates to the national average across all three purity categories. Mumbai, Kolkata, Bangalore, Hyderabad, Kerala and Pune are all pricing 24K gold at ₹1,63,740 per 10 grams, 22K gold at ₹1,50,090 per 10 grams, and 18K gold at ₹1,22,800 per 10 grams — in line with the national rate. Delhi continues to command the highest gold rates among the ten cities, with 24K gold priced at ₹1,63,890 per 10 grams, a premium of ₹150 over the national average that has held steady in recent sessions. The decline over Tuesday was uniform at ₹240 per 10 grams for 24K gold and ₹220 per 10 grams for 22K gold across all ten cities, keeping relative premiums intact. 

Vadodara and Ahmedabad are quoted marginally higher than the national rate too, with 24K gold priced at ₹1,63,790 per 10 grams in both cities, a premium of about ₹50. Chennai stands out for its 18K pricing, coming in at ₹1,27,790 per 10 grams — a significantly wider gap of about ₹5,000 above the national 18K rate, even as its 24K and 22K rates match the national average exactly. Chennai’s 18K gold also fell the most of the ten cities on Wednesday, down ₹220 per 10 grams from Tuesday, while the other nine cities recorded a smaller uniform decline of ₹140 per 10 grams in 18K gold — a divergence that reflects local market conventions around 18K jewellery pricing rather than any difference in the underlying metal cost. 

24K Gold — 10 Major Cities (per 10 gm) 

Source: goodreturns.in/gold-rates 

22K Gold — 10 Major Cities (per 10 gm) 

Source: goodreturns.in/gold-rates 

18K Gold — 10 Major Cities (per 10 gm) 

Source: goodreturns.in/gold-rates 

Retail buyers are reminded that quoted bullion rates are indicative, and actual billed prices at jewellery counters will vary once making charges, wastage and applicable GST are added on top of the base metal value.  

Investors who are looking to diversify beyond physical gold can also explore the list of Gold ETFs in India, which track bullion prices without the need to store physical metal: https://hdfcsky.com/etf/gold-etf 

Market watchers said Wednesday’s modest pullback, coming after a relatively calm start to the week, points to gold consolidating within its recent range rather than reversing its broader uptrend. With volatility still elevated and US-Iran tensions unresolved, dealers expect prices to remain choppy through the rest of the week, and advised buyers to track rates closely rather than assume today’s levels will hold through the coming sessions. 

Jewellery Stocks Today 

Shares of listed jewellery companies were mixed around 9:50 am on Wednesday even as gold prices eased, with Kalyan Jewellers India and Thangamayil Jewellery both trading higher. Titan Company and PC Jeweller were the laggards among the four major names, with PC Jeweller the sharpest decliner of the group. Trading was still underway through the morning session at the time of writing. 

Source

• NSE market data