Gold Prices Today Across Major Indian Cities: Mumbai, Bengaluru, Chennai, New Delhi on August 22, 2025
By Eshita Gain | Published August 22, 2025, 10:39 AM IST
Gold and silver prices showed mixed movements in India’s major cities on Friday, August 22, 2025. The precious metals market remained sensitive to global cues, particularly ahead of the US Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium later in the day.
Market Overview
In early trade, domestic gold futures on the Multi Commodity Exchange (MCX) saw a slight dip. The MCX Gold October 3 contracts declined by 0.11% to trade at ₹99,330 per 10 grams by 10:05 AM IST. In contrast, MCX Silver September 5 contracts edged up by 0.02%, priced at ₹1,13,725 per kilogram during the same period.
Over the past two decades, gold has exhibited significant long-term growth, delivering returns of approximately 1,200%. The metal’s price surged from ₹7,638 per 10 grams in 2005 to over ₹1,00,000 in 2025 (data up to June). Gold delivered positive returns in 16 out of the last 20 years, making it a reliable store of value. Year-to-date (YTD), gold prices have appreciated by 31%, reaffirming gold’s status as one of 2025’s top-performing assets and a preferred hedge against market volatility.
Silver, too, has shown resilience, maintaining prices above ₹1 lakh per kilogram consistently. From 2005 to 2025, silver’s value appreciated by a notable 668.84%.
Current Prices of Gold & Silver (August 22, 2025)
According to the Indian Bullion Association (IBA) data at 10:05 AM IST:
- 24-carat Gold: ₹99,530 per 10 grams
- 22-carat Gold: ₹91,236 per 10 grams
- Silver (999 Fine): ₹1,14,240 per kg
City-wise Gold and Silver Rates
Here are the bullion and MCX contract prices for gold and silver across major Indian cities as of August 22, 2025:
Mumbai
- Gold Bullion: ₹99,320 / 10 gm
- MCX Gold: ₹99,276 / 10 gm
- Silver Bullion: ₹1,14,040 / kg
- MCX Silver 999: ₹1,13,731 / kg
New Delhi
- Gold Bullion: ₹99,150 / 10 gm
- MCX Gold: ₹99,276 / 10 gm
- Silver Bullion: ₹1,13,850 / kg
- MCX Silver 999: ₹1,13,731 / kg
Kolkata
- Gold Bullion: ₹99,190 / 10 gm
- MCX Gold: ₹99,276 / 10 gm
- Silver Bullion: ₹1,13,810 / kg
- MCX Silver 999: ₹1,13,650 / kg
Bengaluru
- Gold Bullion: ₹99,400 / 10 gm
- MCX Gold: ₹99,276 / 10 gm
- Silver Bullion: ₹1,14,050 / kg
- MCX Silver 999: ₹1,13,650 / kg
Hyderabad
- Gold Bullion: ₹99,480 / 10 gm
- MCX Gold: ₹99,276 / 10 gm
- Silver Bullion: ₹1,14,140 / kg
- MCX Silver 999: ₹1,13,650 / kg
Chennai
- Gold Bullion: ₹99,610 / 10 gm
- MCX Gold: ₹99,276 / 10 gm
- Silver Bullion: ₹1,14,290 / kg
- MCX Silver 999: ₹1,13,650 / kg
Important Notes for Buyers
Retail customers should keep in mind that the prices quoted are for bullion and metal futures. Jewellers typically add making charges, applicable taxes, and Goods and Services Tax (GST) to the final bill. These additional costs can increase the overall price of gold and silver jewelry or coins purchased.
Market Sentiment and Outlook
Gold’s status as a safe haven remains strong amid ongoing geopolitical tensions and fluctuating global markets. The market awaits Fed Chair Jerome Powell’s insights, which are expected to influence interest rate expectations and subsequently impact precious metals globally.
Disclaimer
This article is intended for educational purposes only. The views and recommendations presented are those of individual analysts or broking firms and do not necessarily reflect the position of Smart Money Mindset. Investors are advised to consult with licensed financial experts before making investment decisions.
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