Gold Prices Soar in India Amid Economic Uncertainty
Gold prices in India have seen an increase on August 6, 2026, despite market volatility. According to current market statistics, gold of 24 carats is valued at ₹14,973 per gram. This rise comes as investors show a preference for the commodity due to prevailing economic uncertainties and safe-haven demand.
The prices have been trading near record levels, with 24K gold priced at ₹1,49,730 for 10 grams and ₹14,97,300 for 100 grams. The price of 22K gold is at ₹1,37,250 for 10 grams and ₹13,72,500 for 100 grams. Meanwhile, 18K gold costs ₹1,12,300 for 10 grams and ₹11,23,000 for 100 grams.
Experts suggest that the prices can rise further if there is increased uncertainty in the global economy. Central banks continue to buy up gold strongly, and a depreciated US dollar can drive up the price of bullion. Additionally, the low-interest rate environment is favorable for gold investment.