Gold Prices Rise Across Major Purity Levels on August 22
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.