Gold rate inched higher in the domestic futures market, surpassing 1.63 lakh per 10 grams on Multi Commodity Exchange (MCX) in early trade on Monday, August 24, 2026. However, Silver price moved contrary, falling a bit amid subdued spot demand. Meanwhile, the yellow metal prices for different purity levels-- 24 karat, 22 karat-- followed the futures' market path, jumping a bit. 

Last seen, MCX Gold, due to expire on October 5, 2026, was trading at Rs 163346 per 10 grams, up Rs 908 or 0.56 per cent from last closing of Rs 1,62,438. MCX Silver, September 4 expiry, was quoted at Rs 2,45,740, down Rs 857 or 0.35 per cent from last closing of Rs 2,46,597 per kilogram. 

Also Read: India's Foreign Exchange Reserves Rise To Six-Month High; Is India Among Top 5 Countries? Here's The Data

24k, 22k Gold Rates In Mumbai, Delhi, Chennai And Other Cities 

According to bullion.co.in, gold rates across all purity levels rose slightly in the domestic retail market as well. 

City

24k Gold Rate (per 10g)

22k Gold Rate (per 10g)

Delhi

Rs 1,63,230

Rs 1,49,628

Mumbai

Rs 1,63,520

Rs 1,49,893

Kolkata

Rs 1,63,300

Rs 1,49,692

Chennai

Rs 1,63,990

Rs 1,50,324

Bangalore

Rs 1,63,550

Rs 1,49,921

Gold, Silver Rates In International Market 

In early trade, COMEX Gold was trading at $4,700 per ounce, up $19.40 or 0.41 per cent.  COMEX Silver was quoted at $69.025 per ounce, down $0.505 or 0.73 per cent. 

Gold, Silver Rates On August 24, 2026: Frequently Asked Questions (FAQs) 

  • How are gold and silver trading in the Indian futures market?
     
    In future market, the gold contract, October 5 expiry, was trading at Rs 163,346 per 10 grams, an increase of 0.56 per cent in early trade. On the other hand, the Silver contract on MCX due to expire on September 4 was quoted at Rs 245,740 per kilogram, marking a decline of 0.35 per cent.
     
  • What are the current retail gold rates in major Indian cities?
     
    The 24-karat gold rates are Rs 163,230 in Delhi, Rs 163,520 in Mumbai, Rs 163,300 in Kolkata, Rs 163,990 in Chennai, and Rs 163,550 in Bangalore.
     
  • How are gold and silver performing in the international market?
     
    In early trade, COMEX Gold was trading up, while COMEX Silver was quoted down a bit