Gold, silver prices today (August 31): Check latest rates in Delhi, Mumbai, Kolkata, other cities

Gold and silver prices remained largely flat on August 31 as weakness in international bullion markets weighed on domestic rates. Gold prices stood at ₹156,850 per 10 gm, whereas silver rates hit ₹242,190 per kg.

On the Multi Commodity Exchange (MCX), gold futures were down by 1.63% at ₹1,56,400 per 10 gm, whereas silver futures fell by 2.07% at around ₹2,42,670 per kg at the time of writing this story.

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In the retail market, gold continues to be traded mainly in two purities, 24-karat and 22-karat. While 24-karat gold is regarded as the purest form of the precious metal, 22-karat gold is widely preferred for jewellery as it offers greater strength and durability due to the presence of alloyed metals.

Market participants will continue to track global economic data, US interest rate expectations and currency movements for further direction in precious metal prices.

Check the latest gold rates here

Check the latest silver rates here

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Gold rates at top jewellers

Gold prices at leading jewellery retailers remained largely stable on August 31, 2026, with Joyalukkas and Malabar Gold & Diamonds both quoting ₹15,824 per gm across major Indian states. Tanishq's 22K gold rate stood at ₹14,550 per gm. Malabar's 24-carat gold rate is ₹15,824 per gm and Tanishq's 24-carat gold rate stood at ₹15,873 per gm.

The marginal differences in retail prices are influenced by brand-specific pricing policies, procurement costs, and regional market conditions, while overall bullion trends continue to guide gold prices.

*24K Tanishq rate estimated based on the prevailing purity premium over 22K gold.

Joyalukkas 22K Gold Rate by State