Gold, silver prices today (August 21): Yellow metal tops ₹1.59 lakh

MUST READ | Gold, silver prices fall in India: Why are precious metals under pressure? In the retail market, gold continues to be traded mainly in two purities, 24-karat and 22-karat.

While 24-karat gold is regarded as the purest form of the precious metal, 22-karat gold is widely preferred for jewellery as it offers greater strength and durability due to the presence of alloyed metals. Market participants will continue to track global economic data, US.

What Happened

The marginal differences in retail prices are influenced by brand-specific pricing policies, procurement costs, and regional market conditions, while overall bullion trends continue to guide gold prices. Business Today brings you the latest news, views and analysis from the world of finance.

• Gold prices hit ₹1,59,280 per 10 grams, whereas silver rates also neared ₹2,55,100 per kg.

• On the Multi Commodity Exchange (MCX), gold futures were up 0.36% at ₹1.60 lakh per 10 grams, whereas silver futures rose by around 0.77% to ₹2.45 lakh per kilogram at the time of writing.

• Gold prices at leading jewellery retailers remained largely stable on 18 August 2026, with Joyalukkas and Malabar Gold & Diamonds both quoting ₹14,600 per gram across major Indian states.

Key Details

Tanishq's 22K gold rate was slightly higher at ₹14,645 per gram.

• Malabar's 24-carat gold rate stood at ₹15,928 per gram, while Tanishq's corresponding rate was ₹15,943 per gram.

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What Reports Say

Coverage of the story so far points to:

• Continued reporting by Business Today as more details emerge