Varamahalakshmi Festival: Gold Hits Record High After Price Surge Rs 4,300
The sudden rise is believed to be driven by growing global uncertainty, particularly after U.S. President Donald Trump intensified economic measures against Iran and countries supporting it.
Gold and silver prices have witnessed a steep surge today, making them significantly more expensive for consumers and investors alike. The sudden rise is believed to be driven by growing global uncertainty, particularly after U.S. President Donald Trump intensified economic measures against Iran and countries supporting it. Varamahalakshmi Festival: Gold Hits Record High After Price Surge Rs 4,300.
During times of geopolitical and financial instability, investors typically turn to gold as a safe-haven asset, pushing prices higher. Global economic conditions and international market trends continue to play a crucial role in determining the prices of gold and silver. Today, both precious metals recorded substantial gains.
Gold Price Today:
As of Friday, August 21, 2026, the price of 24-carat gold has increased by Rs 430 per gram, taking the rate to Rs 15,927 per gram. Meanwhile, the price of 10 grams of 24-carat gold has risen by Rs 4,300, reaching Rs 1,59,270.
Today 22-Carat Gold Price:
The price of 22-carat gold has also climbed significantly. It is now priced at Rs 14,600 per gram, while the price of 10 grams has increased by Rs 3,950, taking the total to Rs 1,46,000.
Gold Price in Bengaluru:
In Bengaluru, the price of 24-carat gold stands at Rs 15,927 per gram, while silver is trading at Rs 255 per gram.
Silver prices have also registered a strong rally today. The metal is now priced at Rs 255 per gram, and the price of 1 kilogram of silver has jumped by Rs 10,000, reaching Rs 2,55,000 per kg.
Gold prices have been on a remarkable upward trajectory throughout August. On August 1, the price of 24-carat gold was Rs 14,422 per gram. In just 20 days, it has surged to Rs 15,927 per gram, highlighting the strong momentum in the precious metals market.
