Gold Price Today 21 August 2025: On Thursday, August 21, there was a huge fluctuation in the price of gold in the bullion market of India. Gold rates fell at the beginning of the day, while silver prices rose marginally. Experts believe that investors are eyeing the speech of US Federal Reserve Chairman Jerome Powell at the Jackson Hole Symposium this week, which can determine the global direction of gold and silver.
Latest gold rates in Mumbai and other cities
24 carat gold in Mumbai on Thursday stood at ₹ 1,00,750 per 10 grams and 22 carat gold at ₹ 92,300 per 10 grams. At the same time, the rate of silver was recorded at ₹ 1,16,000 per kg. The prices of 22-carat and 24-carat gold in major cities of the country were as follows:
Delhi: 22K – ₹ 92,450 | 24K – ₹1,00,900
Jaipur: 22K – ₹92,450 | 24K – ₹1,00,900
Ahmedabad: 22K – ₹92,350 | 24K – ₹1,00,800
Patna: 22K – ₹92,350 | 24K – ₹1,00,800
Mumbai, Hyderabad, Chennai, Bengaluru, Kolkata: 22K – ₹92,300 | 24K – ₹1,00,750
MCX futures market
In the domestic futures market (MCX), the price of gold futures expiring on August 5, 2025, fell 0.23% to ₹99,080 per 10 grams. At the same time, silver futures expiring on September 5, 2025, were trading marginally higher by 0.05% at ₹ 1,12,610 per kg.
Trends in the international market
Gold rates also softened in the global market. US spot gold fell 0.1% to $3,341.93 an ounce, while gold futures for December delivery also fell 0.1% to $3,384.40 an ounce.
Investors are now waiting for US Fed Chairman Jerome Powell’s speech at the Jackson Hole symposium, to be held on August 23. This speech will prove to be important in determining the direction of the global economy and interest rates.
Factors affecting gold prices in India
Gold rates in India depend on several major factors:
International market prices
Import duties and taxes
Rupee and dollar exchange rates
Changes in demand and supply
Since India is one of the largest consumers of gold in the world, gold prices here are considered extremely important from both a cultural and an economic point of view. Gold has always been a center of attraction in the Indian market for weddings, festivals, and investments.