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Commodities

Gold Prices Soar Amid Rising Tensions in West Asia

Guavy AI Editorial Team
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Oil Gold
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The price of gold in India has seen an increase as tensions rise in West Asia. As of August 11, 2026, the price of 24 carat gold stands at ₹15,513 per gram, marking a ₹316 increase over the previous day's rate. The prices of 22 and 18 carat gold have also risen, standing at ₹14,220 and ₹11,635 per gram respectively.

The global crude oil prices remain near multi-week highs, with Brent crude hovering around $87.80 per barrel and WTI crude at approximately $82.22 per barrel. The ongoing conflict in the region has led to a surge in demand for safe-haven assets like gold.

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