Gold Prices on August 19: Check 22K and 24K Gold Rates in Delhi, Mumbai and Bengaluru
Gold Price Today, August 19: Check 22K and 24K Gold Rates in India
Gold prices remained a key focus for buyers and investors on Wednesday, August 19, as rates for both 24-carat and 22-carat gold continued to remain elevated across major Indian cities.
According to the latest rates, 24-carat gold was priced at ₹1,53,872 per 10 grams in India, while 22-carat gold stood at ₹1,40,946 per 10 grams.
Gold Price in Delhi Today
In Delhi, the price of 24-carat gold stood at ₹1,53,759 per 10 grams. Meanwhile, 22-carat gold was priced at ₹1,40,843 per 10 grams.
The difference between 22K and 24K gold is primarily due to their purity. While 24K gold is considered nearly pure gold, 22K gold contains other metals that make it more suitable for jewellery.
24K vs 22K Gold: What Is the Difference?
24-carat gold has the highest level of purity and is generally preferred for investment purposes, including gold bars and coins. However, because pure gold is relatively soft, it is less commonly used for everyday jewellery.
22-carat gold is more commonly used to make jewellery because it is mixed with other metals, making it stronger and more durable. Jewellery prices, however, can be higher than the quoted gold rate because of making charges, GST and other applicable costs.
Gold Rates Can Vary Across Cities
Gold prices can differ slightly between cities due to factors such as local taxes, transportation costs, dealer margins and market conditions. Rates can also change during the day depending on movements in the international gold market and the Indian rupee.
Buyers should therefore check the latest rate with their jeweller before making a purchase.
What Should Gold Buyers Keep in Mind?
Anyone planning to buy gold should consider more than just the quoted rate per 10 grams. For jewellery purchases, customers should also check:
- Gold purity and hallmarking
- Making charges
- GST and other applicable taxes
- Buyback and exchange policies
- Final price per gram and total jewellery weight
For investment buyers, comparing rates from multiple trusted sources can help in making an informed decision.
Gold Price Today: Key Rates
| Category | Price per 10 grams |
|---|---|
| 24K Gold – India | ₹1,53,872 |
| 22K Gold – India | ₹1,40,946 |
| 24K Gold – Delhi | ₹1,53,759 |
| 22K Gold – Delhi | ₹1,40,843 |
Gold prices are indicative and may vary depending on the city, jeweller, taxes, making charges and market fluctuations.
Conclusion
Gold continues to attract strong interest from both jewellery buyers and investors in India. On August 19, the national rate for 24K gold was ₹1,53,872 per 10 grams, while 22K gold was priced at ₹1,40,946 per 10 grams. In Delhi, the corresponding rates were ₹1,53,759 for 24K and ₹1,40,843 for 22K gold.
Before purchasing gold, consumers should verify the latest local rate and carefully review purity, hallmarking, making charges and taxes to understand the final cost.
