# 22-carat gold down ₹35/gram, yet 7% surge boosts festive demand

2026-08-11T02:10:48+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

On August 10, 22-carat gold prices fell across Indian metros. One gram dropped ₹35 to ₹13,980 in Delhi, Mumbai, Bengaluru, Kolkata and Ahmedabad; in Chennai and Hyderabad it fell ₹15 to ₹13,950, as per The Hindu Business Line. 24-carat rates also edged down in most cities, with Bengaluru and Kolkata seeing the steepest fall of ₹37 per gram. Despite the daily dip, The Economic Times reports gold prices have surged 7% in the past 10 days to Rs 1.52 lakh per 10 grams. Jewellers say buyers are purchasing ahead of the festive season, expecting rates to cross Rs 1.60 lakh. Lightweight designs and lower-carat gold are gaining acceptance, though footfall has dipped slightly.

## Coverage

- thehindubusinessline.com <https://www.thehindubusinessline.com/gold-rate-today/gold-price-today-in-mumbai-chennai-ahmedabad-delhi-hyderabad-bengaluru-kolkata-gold-rates-august-10-2026/article71327512.ece>
- economictimes.indiatimes.com <https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/gold-prices-are-soaring-but-buyers-are-still-stepping-up-festive-purchases/articleshow/133185812.cms>

Tags: 22-carat gold, 24-carat gold, August 10, bullion market, Gold price India, Metro gold rates
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