Current Gold and Silver Prices: August 22 Update

On August 22, the price of 24-carat gold rose to ₹1,00,760, while silver increased to ₹1,16,100. This article provides a detailed overview of gold and silver prices across major Indian cities, insights into the international gold market, and factors influencing gold prices in India. Additionally, tips on how to check the purity of gold are included, making this a comprehensive guide for gold investors and buyers.

By Narendra Chaudhary Aug 22, 2025, 08:51 IST

Gold and Silver Prices Overview

On Tuesday, the price of 24-carat gold saw a rise of ₹10, bringing the cost to ₹1,00,760 for ten grams, as reported by GoodReturns. Meanwhile, silver prices increased by ₹100, with one kilogram now priced at ₹1,16,100. The cost of 22-carat gold also rose by ₹10, with ten grams available for ₹92,310.

Gold Prices in Major Cities

In Mumbai, the price for ten grams of 24-carat gold matches that of Kolkata at ₹1,00,760, while in Chennai, it remains the same. In Delhi, the price is slightly higher at ₹1,00,910. For 22-carat gold, Mumbai, Kolkata, Bengaluru, Chennai, and Hyderabad all report a price of ₹92,310, whereas in Delhi, it is ₹92,460.

Silver Prices Across Cities

In Delhi, the price for one kilogram of silver is ₹1,16,100, consistent with Bengaluru and Kolkata. However, in Chennai, the price is higher at ₹1,26,100.

Gold Prices in Key Cities

City	Gold Price (22-Carat/10 gm)	Gold Price (24-Carat/10 gm)	Silver Price (Rs/kg)
Delhi	₹92,460	₹1,00,910	₹1,16,100
Noida	₹92,450	₹1,00,910	₹1,16,100
Lucknow	₹1,00,910	₹1,00,910	₹1,16,100
Mumbai	₹92,300	₹1,00,760	₹1,16,100
Bengaluru	₹92,310	₹1,00,760	₹1,16,100
Chennai	₹92,310	₹1,00,760	₹1,26,100
Pune	₹92,310	₹1,00,760	₹1,16,100
Ahmedabad	₹92,360	₹1,00,800	₹1,16,100
Kolkata	₹92,310	₹1,00,760	₹1,16,100
Hyderabad	₹92,310	₹1,00,760	₹1,16,100

International Gold Market Update

In the international market, gold prices in the US remained steady as investors awaited insights from Federal Reserve Chair Jerome Powell's upcoming speech at the Jackson Hole symposium. As of 0042 GMT, spot gold was priced at $3,337.12 per ounce, while US gold futures for December delivery were stable at $3,380.30.

Factors Influencing Gold Prices in India

Gold prices in India are not solely determined by local demand and supply. Instead, they are heavily influenced by trading activities in major global markets, such as the London OTC spot market and the COMEX gold futures market. Additionally, global events, political developments, central bank policies, and currency fluctuations also play significant roles in price changes.

How to Verify Gold Purity

To ensure the purity of gold, consider the following methods: 1. Look for a hallmark: Genuine 22-carat gold, or 916 gold, will have a hallmark indicating its purity. 2. Check for the BIS Standard Mark: Authentic jewelry will display a triangle with 'BIS' underneath. 3. Conduct an acid test: This should be done under supervision, using nitric acid to assess purity. 4. Color test: Pure gold retains its yellow hue and does not tarnish.