Gold and silver prices in India remained unchanged on Saturday, 15 August 2026, with market activity paused due to the Independence Day holiday, as global cues continue to influence domestic rates amid strong long-term growth trends.
Gold and silver prices in India were unchanged on Saturday, 15 August 2026, with the benchmark 24-carat gold rate holding at ₹154,830 per 10 grams and silver steady at ₹237,230 per kilogram. According to the market update, the flat reading reflected the Independence Day holiday, which left the Multi Commodity Exchange closed and prevented fresh trading from setting a new benchmark. Moneycontrol and MCX both describe the exchange as a key source for real-time commodity pricing in India.
City-wise rates also moved in step with the national benchmark, with Delhi, Mumbai, Chennai, Hyderabad, Bengaluru, Kolkata, Pune, Ahmedabad, Lucknow and Jaipur all showing indicative prices that varied modestly by location. The update said Chennai continued to command a premium over other major markets, while jewellery buyers would still need to account for making charges and GST on top of the quoted metal price.
The broader tone for precious metals remained firm. The report said MCX gold ended Friday at ₹154,590 per 10 grams, up 0.73% on the day, while silver finished at ₹236,272 per kilogram, a rise of 0.15%. Global cues were also supportive, with Comex gold closing at $4,432 an ounce and Comex silver at $64.83 an ounce. Reuters and Investing.com both note that international bullion prices continue to influence Indian rates, especially when local trading is paused.
On a longer view, the gains have been striking. The market summary put gold nearly 10% higher over the past month and more than 54% above its level a year earlier, while silver was up almost 10% over the month and more than doubled over 12 months. The update argued that the holiday period offers a calm window for buyers, though it also advised spreading purchases across sessions once trading resumes and checking hallmark and purity marks before buying. BullionVault and Kitco both show that such long-term price momentum has kept attention on precious metals as investors weigh inflation, global demand and currency moves.
Disclaimer: This article is intended to inform and educate, not to recommend or endorse any financial product, investment or strategy. Please consider your own financial circumstances and seek professional advice where appropriate before making financial decisions.
