Gold and Silver Prices in India Today, August 22
Gold prices slipped on Thursday as traders awaited cues from US Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Symposium.
Mumbai: ₹92,310 (22K), ₹1,00,760 (24K) per 10 gm
Delhi: ₹92,460 (22K), ₹1,00,910 (24K) per 10 gm
Chennai: ₹92,910 (22K), ₹1,01,460 (24K) per 10 gm
Kolkata: ₹92,310 (22K), ₹1,00,760 (24K) per 10 gm
Silver (Mumbai): ₹1,16,100 per kg
On the MCX, gold futures (Aug 2025) fell 0.15% to ₹99,285/10 gm, while silver futures (Sept 2025) slipped 0.11% to ₹1,13,580/kg.
Global Market
Spot gold edged 0.1% lower to $3,335.22/oz, while US gold futures dropped to $3,378.70/oz. Traders stayed cautious before Powell’s address, which may signal the Fed’s next policy move.
Key Drivers of Gold Prices
Gold rates in India are influenced by global market trends, currency fluctuations, import duties, and local demand. The metal also holds strong cultural significance, making price updates vital for buyers and investors.
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