Gold Price Today: Gold and silver prices rose on August 20. Daily fluctuations in these metals’ prices are being observed. If you are planning to buy gold jewellery, you are in for a shock; gold rates have surged just about a week before Rakhi. According to the India Bullion and Jewellers Association (IBJA), the price of one kilogram of silver has increased by ₹9,260, reaching ₹2.38 lakh. As for gold, the price of 24-carat gold has risen by ₹3,519 to reach ₹1,57,387 per 10 grams.
Notably, within just the first 20 days of August, gold has become costlier by ₹15,000 and silver by ₹20,000. Experts predict gold prices could reach ₹1,70,000 by the end of this year. Let us look at 24-carat and 14-carat gold prices on Thursday.
24-Carat Gold Rate
According to the India Bullion and Jewellers Association (IBJA), the price of 999-purity gold is ₹1,57,387 per 10 grams. By the close of the market on August 19, the price was ₹1,53,868 per tola. This indicates a price increase of ₹3,519.
23-Carat Gold Rate
According to the India Bullion and Jewellers Association (IBJA), 995-purity gold is priced at ₹1,56,757 per 10 grams. By the close of the market on August 19, the price was ₹1,53,252 per tola.
22-Carat Gold Rate
According to the India Bullion and Jewellers Association (IBJA), 916-purity gold is priced at ₹1,44,166 per 10 grams. By the close of the market on August 19, the price was ₹1,40,943 per tola.
18-Carat Gold Rate
According to the India Bullion and Jewellers Association (IBJA), 750-purity gold is priced at ₹1,18,040 per 10 grams.
14-Carat Gold Rate
According to the India Bullion and Jewellers Association (IBJA), the price of 585-purity gold is ₹92,071 per 10 grams.
Silver Price
According to the India Bullion and Jewellers Association (IBJA), the price of one kilogram of silver (999 purity) has risen by ₹9,260 to reach ₹2,38,485; it had previously closed at ₹2,29,225.
Continuous fluctuations are being observed in gold and silver prices. Gold has become costlier by ₹24,000 so far in 2026. Additionally, while the price of 10g of gold was recorded at ₹1.33 lakh on December 31, 2025, it has now reached ₹1.57 lakh per 10g.
Meanwhile, the price of silver was recorded at ₹2.30 lakh per kilogram on December 31, 2025, and has now reached ₹2.38 lakh per kilogram. On January 29, gold had also hit an all-time high of ₹1.76 lakh, and silver had reached an all-time high of ₹3.86 lakh.
The gold and silver rates released by the IBJA do not include GST. Gold rates increase once GST is added. Furthermore, making charges are also added separately.