Gold rates in India stood flat on August 18, after the US and Russia did not reach any ceasefire agreement, while President Donald Trump was scheduled to meet Ukrainian President Volodymyr Zelenskyy later in the day.
Currently, the 10-gram gold price is struggling to hold above Rs 1,01,000 mark in 24 carat, while MCX gold futures have stayed near Rs 99,500 per 10 grams. Gold prices have significantly dropped last week and halted their record rally.
On August 19, the trading range for gold remains between Rs 99,000 and Rs 1,01,500. Prolonged delays in resolution between Russia and Ukraine are expected to support the yellow metal.
Gold Rates In India:
At present, the price of 10 grams of gold stood at Rs 1,01,180 in 24 carat, at Rs 92,750 in 10 grams and Rs 75,980 per 10 grams.
The cheapest price of gold in India is at Rs 10,117 per gram for 24 karat gold, at Rs 9,274 for 22 karat gold and at Rs 7,588 per gram for 18 karat gold (also called 999 gold).
Gold Prices In Your City:
Gold Rates In Chennai:
Gold Rates In Bangalore:
Gold Rates In Mumbai:
Gold Rates In Hyderabad:
Gold Rates In Delhi:
MCX Gold Price / MCX Silver Price:
MCX gold price futures with October 2025 expiry, ended at Rs 99,440 per 10 grams on August 18, up by Rs 18.
While MCX silver futures with September 2025 expiry, stood at Rs 1,13,621 per 1kg, up by Rs 29.
Gold Prices Outlook Ahead:
“Gold traded flat to volatile near 99800 as the U.S.-Russia meeting over the weekend did not yield any clear resolution on the Russia-Ukraine peace process, though the tone of talks was positive,” said Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.
He further added, “This has kept prices in a consolidative phase, as any breakthrough toward peace could pressure gold lower, while prolonged delays in resolution are likely to keep prices supported. The trading range for gold remains between Rs 99,000-Rs 1,01,500.”
Spot Gold Price / Spot Silver Price:
Gold prices edged lower to $3,330 per ounce on Monday, as investors focused on US President Donald Trump’s meeting with Ukrainian and European leaders and the Federal Reserve’s annual Jackson Hole symposium. Silver climbed above $38 per ounce on Monday, recouping some losses from last week as investors turned their attention to a key meeting in Washington, as per Trading Economics.