Commodities

Gold Prices Soar Across Indian Cities Amid Global Market Optimism

Guavy AI Editorial Team Published August 6, 2026

Instruments

Oil Gold

Gold prices surged across major Indian cities on Thursday, August 6, 2026. The Indian Bullion and Jewellers Association's (IBJA) indicative retail selling prices of gold saw a sharp rise, with 22-karat gold jewellery prices increasing at leading jewellery brands including Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas.

The price hike is attributed to the global market trends, where hopes grew for a diplomatic breakthrough between the US and Iran, easing oil-price pressure and reducing pressure on central banks. According to Mr. Prithviraj Kothari, managing director at RiddiSiddhi Bullions Ltd., president of IBJA, gold broke above $4200 and silver neared $63.

The current price for 22k gold jewellery across major cities including Delhi, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad, and Trivandrum is as follows:

Tanishq: Rs 13,770 per gram

Malabar Gold & Diamonds: Rs 13,725 per gram

Kalyan Jewellers: Rs 13,725 per gram

Joyalukkas: Rs 13,725 per gram

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