Indian Gold Prices Soar to ₹16,309 per Gram Amid Market Volatility

Gold prices in India have seen a steep hike on August 22, 2026, as market volatility continues to impact consumers and investors. The current price of 24-karat gold is around ₹16,309 per gram, while 22-karat gold is priced at ₹14,950 per gram, and 18-karat gold at ₹12,232 per gram.

The international spot price of gold is currently around $4,605, $4,607 per troy ounce, equivalent to approximately $148 per gram. Despite the volatility in stock markets, investors are showing a preference for gold due to its safe-haven demand and geopolitical risks.