Today, on August 19, 2026, a huge fall in the prices of gold and silver has been seen in the Indian bullion market. According to India Bullion and Jewelers Association (IBJA), today the price of 24 carat gold was recorded at ₹ 1,52,884 per 10 grams, whereas a day earlier i.e. on August 18, it was at ₹ 1,54,162.

This means that within just one day the price of 24 carat gold has seen a huge fall of ₹1,278. At the same time, today's price of 22 carat gold (Gold 916) has become ₹ 1,40,042 per 10 grams. If you are also thinking of buying gold and silver on this occasion, then definitely know today's latest rates before purchasing.

Big fall in silver price by ₹6,330

On Wednesday, along with the shine of gold fading, a sharp decline in the price of silver was also seen. Today the price of silver in the market has come to ₹ 2,27,392 per kg. Whereas yesterday i.e. on August 18, the same silver was being sold at the level of ₹ 2,33,722 per kg. If we look at it this way, within just 24 hours there has been a sharp fall of ₹ 6,330 per kg in the price of silver.

Price of 22 carat gold per 10 grams in major cities

There is a slight difference in the price of 22 carat gold (jewellery rate) in different states and major cities of the country. According to Goodreturns, the rates of major cities are as follows:

• Delhi: ₹1,42,200
• Mumbai: ₹1,42,050
• Kolkata: ₹1,42,050
• Chennai: ₹1,42,050
• Ahmedabad: ₹1,42,100
• Bhopal: ₹1,42,100
• Jaipur: ₹1,42,200
• Lucknow: ₹1,42,200
• Raipur: ₹1,42,050

It is important to note that the rates issued by IBJA are the All India Standard price of 24 karat pure gold (bullion). At the same time, the rates of 22 carat jewelery may vary slightly in different cities depending on the local tax, making charge and local market conditions.

Keep these 2 things in mind while buying gold

One should always be wise while buying gold jewelery or coins so that any kind of fraud can be avoided:

• Buy only certified gold: Always buy gold which is BIS (Bureau of Indian Standards) hallmarked. Hallmark provides accurate information about the purity and carat of gold, such as an alphanumeric code (example: AZ4524) recorded on it.
• Please cross check the price: Before deducting the purchase receipt, please verify the current price of gold from various reliable sources, such as IBJA. Apart from this, also remember that the rate of gold is decided differently according to 24 carat, 22 carat and 18 carat.

How to identify real silver? Learn 4 easy ways

While buying silver from the market, it is natural to have doubts about its purity. You can get an initial idea of ​​this by doing some easy tests at home:

• Check with Magnet: Pure silver is never attracted to a magnet. If any of your silver items stick fast to the magnet, then there is every possibility that it may be adulterated with some other metal. However, this test alone does not completely determine the purity of silver.
• Test with ice: Silver has the property of transferring heat and cold very fast. If you place a piece of ice on a silver surface, it will melt much faster than normal metals. This is an easy home hint.
• Pay attention to the smell: Pure and genuine silver does not have any strange or metallic smell. If there is a strong or unusual metallic smell coming from the jewelry or accessories, it may be adulterated.
• Try rubbing with a white cloth: If you rub silver with a clean white cotton cloth, sometimes a light black or dark mark is left on the cloth. This happens due to the natural oxidation process on the upper surface of silver.

Always remember that these home remedies only help you in getting a rough idea. To know the 100% purity of silver, the most reliable way is to look at the hallmark, 925 stamp on it or get the purity test done by a professional.