Gold Price Surges in India Amid Ongoing Middle East Turmoil
The gold price in India has seen an increase on August 18, 2026. According to Good Returns, the current prices are ₹15,589 per gram for 24 carat gold, ₹14,290 per gram for 22 carat gold, and ₹11,692 per gram for 18 carat gold.
The price of 24K gold has seen an increase of ₹23 over the previous day's price. Similarly, 22K and 18K gold have also seen an increase of ₹20 and ₹16 respectively.
The prices of gold have been fluctuating due to ongoing turmoil in the Middle East. The region's instability has led to a short dip in gold prices when international panic subsided, but high tax rates have kept precious metal markets fluctuating day to day.