Gold and Silver Prices in India Today, 31 August 2026: Gold at ₹155,430, Silver at ₹242,320 as Gold Extends Fall
Gold and silver rates today in India, 31 August 2026. 24K gold trades at ₹155,430 per 10g and silver at ₹242,320 per kg, with gold extending its fall from record highs. Check city wise rates and MCX data below.
24K gold is trading at ₹155,430 per 10 grams today, extending its pullback from record highs. Silver is at ₹242,320 per kilogram, holding fairly steady. MCX gold fell 0.83% to ₹154,981 per 10g, while MCX silver rose 0.14% to ₹242,793 per kg. Comex gold slipped 0.46%, and Comex silver added 0.28%, and gold's correction has deepened, now down nearly 5% over the past week alone.
City-Wise Gold and Silver Rate Today in India, 31 August 2026
| City | 22K Gold (per 10g) | 24K Gold (per 10g) | Silver (per kg) |
|---|---|---|---|
| Delhi | ₹142,478 | ₹155,430 | ₹242,320 |
| Mumbai | ₹142,478 | ₹155,430 | ₹242,320 |
| Chennai | ₹142,478 | ₹155,430 | ₹242,320 |
| Hyderabad | ₹142,478 | ₹155,430 | ₹242,320 |
| Bengaluru | ₹142,478 | ₹155,430 | ₹242,320 |
| Kolkata | ₹142,478 | ₹155,430 | ₹242,320 |
| Pune | ₹142,478 | ₹155,430 | ₹242,320 |
| Ahmedabad | ₹142,478 | ₹155,430 | ₹242,320 |
| Lucknow | ₹142,478 | ₹155,430 | ₹242,320 |
| Jaipur | ₹142,478 | ₹155,430 | ₹242,320 |
Note: These rates are indicative. Jewellery prices add making charges and GST on top. Chennai typically carries a small premium over other cities.
Gold Price Today: What Changed
24K gold is at ₹155,430 per 10g today. On MCX, gold is at ₹154,981 per 10g, down ₹1,300, or 0.83%. The session high was ₹155,465, and the low was ₹153,640. Comex gold is at $4,509.00 an ounce, down 0.46% on the day.
Gold has now corrected nearly 5% over the past week after last week's sharp rally to record highs, though it still holds a gain of more than 8% over the past month.
| Period | Price (₹/10g) | Change |
|---|---|---|
| Today | 155,430 | — |
| 1 Day Ago | 156,850 | 🔴▼ -0.91% |
| 1 Week Ago | 163,490 | 🔴▼ -4.93% |
| 1 Month Ago | 143,420 | 🟢▲ +8.37% |
| 1 Year Ago | 104,100 | 🟢▲ +49.31% |
Silver Rate Today: What Changed
Silver is at ₹242,320 per kg today. On MCX, silver is at ₹242,793 per kg, up ₹349, or 0.14%. The session high was ₹242,980 and the low was ₹238,809. Comex silver is at $67.19 an ounce, up 0.28% on the day.
Silver has held up much better than gold this week, down just 1.19%, and remains up more than 11% over the past month.
| Period | Price (₹/kg) | Change |
|---|---|---|
| Today | 242,320 | — |
| 1 Day Ago | 242,190 | 🟢▲ +0.05% |
| 1 Week Ago | 245,250 | 🔴▼ -1.19% |
| 1 Month Ago | 218,150 | 🟢▲ +11.08% |
| 1 Year Ago | 121,460 | 🟢▲ +99.51% |
MCX Gold and Silver Rate Today
Gold Futures
| Metal | MCX Price | Change | High | Low |
|---|---|---|---|---|
| Gold (₹/10g) | 154,981 | 🔴▼ -1,300.00 (-0.83%) | 155,465 | 153,640 |
| Comex Gold ($/oz) | 4,509.00 | 🔴▼ -20.90 (-0.46%) | 4,521.50 | 4,445.60 |
Silver Futures
| Metal | MCX Price | Change | High | Low |
|---|---|---|---|---|
| Silver (₹/kg) | 242,793 | 🟢▲ +349.00 (+0.14%) | 242,980 | 238,809 |
| Comex Silver ($/oz) | 67.19 | 🟢▲ +0.19 (+0.28%) | 67.19 | 65.85 |
Source: Bullions.co.in, last updated 31 August 2026, 17:45 IST.
MCX gold continues to slide, now well off last week's record highs, while MCX silver has stabilised and even edged higher today. This divergence suggests silver is holding its ground better than gold after the recent sharp rally. The month closes with gold's correction still the bigger story for the near term.
Monthly Gold and Silver Performance
August has been a strong month overall for both metals, even with gold's sharp pullback in the final week.
| Metal | Opening Rate | Monthly Low | Today's Close | Monthly Change |
|---|---|---|---|---|
| Gold (₹/10g) | 143,420 | 143,420 | 155,430 | 🟢▲ +8.37% |
| Silver (₹/kg) | 218,150 | 218,150 | 242,320 | 🟢▲ +11.08% |
Key Reasons Behind Today's Price Move
Here is what is driving prices today:
- Comex Gold Slips 0.46%: Gold on Comex eased to $4,509.00 an ounce, extending its pullback from last week's record highs.
- MCX Gold Falls 0.83%: MCX gold dropped to ₹154,981 per 10g, deepening its weekly correction to nearly 5%.
- Comex Silver Adds 0.28%: Silver on Comex edged higher, holding up better than gold today.
- MCX Silver Steadies Near ₹243,000: MCX silver rose 0.14% to ₹242,793 per kg, showing more resilience than gold this week.
- August Closes Strong Despite Pullback: Gold is up over 8% and silver over 11% for the month, even after gold's sharp fall in the final week.
FAQs
Why has gold fallen sharply this week in India?
Gold has corrected nearly 5% over the past week as Comex gold pulled back from last week's record highs. MCX gold followed with a similar decline, falling 0.83% today alone.
Why is silver holding up better than gold right now?
Silver is down just 1.19% over the past week compared with gold's near 5% fall, and Comex silver even edged higher today. This shows silver is correcting far less than gold after the recent rally.
How did gold and silver perform overall in August 2026?
Gold gained more than 8% and silver gained more than 11% over the month, even with gold's sharp pullback in the final week. Both metals still closed August well above where they started.
