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Gold Prices Rise Across Major Purity Levels on August 22

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Gold prices inched up marginally across all major purity levels on August 22 compared to the previous day. The price of 24K gold rose by ₹1 per gram to ₹16,049, while 22K and 18K gold also gained ₹1 each to ₹14,711 and ₹12,037 per gram, respectively.

The latest movement comes after gold prices remained firm amid broader strength in the bullion market. The increase in gold prices is a positive sign for investors looking to diversify their portfolios.

Gold prices vary across cities in India. In Chennai, 24K gold costs ₹16,049 per gram, while in Mumbai it costs ₹16,049 per gram. Similarly, the price of silver also varies across cities, with the rate ranging from ₹2,601 to ₹2,651 per 10 grams.

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