Gold Prices Rise Slightly in India Amid Shifts in US Fed Policy Expectations

Gold prices in India have seen a slight uptick on August 18, 2026, as the precious metal maintains its position in the domestic market. The national average price for 24-carat gold stands at INR 1,55,670 per 10 grams, while 22-carat gold is priced at INR 1,42,710 per 10 grams. Analysts note that international spot gold has been hovering near $4,430 per ounce, with recent economic data leading traders to anticipate a pause in interest rate hikes.

The domestic prices remain elevated compared to previous months, but demand remains steady as consumers and investors track these fluctuations for strategic purchasing. The market is currently reacting to shifts in U.S. Federal Reserve policy expectations.