Drop in Gold Rate Today in India Continues; 24K Slumps Rs 43,600 in 2 Days; Check Latest Prices on 31 August

Gold rates in India continued their decline on Monday, August 31, extending the fall seen at the end of last week. 24K gold fell by Rs 147 per gram to Rs 15,677, while 22K gold declined by Rs 135 to Rs 14,370 per gram and 18K gold dropped by Rs 83 to Rs 11,785 per gram.

Gold Rate Fall Continues, 24K Price Slumps Rs 43,600/100g in Just 2 Days

The latest fall means 24K gold has dropped by Rs 43,600 per 100 grams in just two days, putting the precious metal under renewed pressure. Gold has also extended losses in the international market, touching its lowest level in nearly two weeks after US Federal Reserve Chair Kevin Warsh signalled that interest rate hikes could be required to contain inflation.

Meanwhile, silver prices remained unchanged in India. Silver is currently priced at Rs 255 per gram, or Rs 2,55,000 per kilogram, maintaining the same level as the previous session.

Gold Rate Today in India: Check Latest 22K, 24K & 18K Gold Prices on August 31, 2026

24 Karat Gold Rate Today in India

Today, the price of 24K gold is Rs 15,677 per gram, down by Rs 147. For 8 grams, the rate stands at Rs 1,25,416, lower by Rs 1,176. The price of 10 grams is Rs 1,56,770, down by Rs 1,470, while 100 grams costs Rs 15,67,700, a decline of Rs 14,700.

22 Karat Gold Rate Today in India

The price of 22K gold is Rs 14,370 per gram, falling by Rs 135. The rate for 8 grams stands at Rs 1,14,960, down by Rs 1,080. For 10 grams, 22K gold is priced at Rs 1,43,700, lower by Rs 1,350, while 100 grams costs Rs 14,37,000, down by Rs 13,500.

18 Karat Gold Rate Today in India

Today, 18K gold is priced at Rs 11,785 per gram, down by Rs 83. The price for 8 grams is Rs 94,280, a decline of Rs 664. For 10 grams, the rate stands at Rs 1,17,850, down by Rs 830, while 100 grams is priced at Rs 11,78,500, lower by Rs 8,300.

Silver Rate Today: Check Latest Silver Prices Per Kg and Gram on August 31, 2026

silver is priced at Rs 255 per gram, unchanged from yesterday. For 8 grams, the price stands at Rs 2,040, with no change from the previous day. For 10 grams, silver is priced at Rs 2,550, remaining steady. The rate for 100 grams stands at Rs 25,500, also unchanged from yesterday.

At the 1-kilogram level, silver is priced at Rs 2,55,000 in India today. The rate remains unchanged, with no gain or decline compared with the previous day.

"MCX gold had fallen from around Rs 1.63 lakh to Rs 1.56 lakh per 10 grams, resulting in a decline of more than Rs 6,000 from the weekly peak. In international markets, Comex gold futures for December delivery declined $150.7, or 3.2 per cent, to end the week at $4,680.6 per ounce," said Jateen Trivedi, VP Research Analyst - Commodity and Currency at LKP Securities.

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