Gold and Silver Price Today: State-Wise Analysis and Market Outlook for August 21, 2026

Gold and Silver Price on August 21 2026. The prices of metals like gold and silver in Kolkata were steady after they went up a lot earlier in the week. The prices of gold and silver did not change a lot. Stayed within a small range. Gold prices went up by ₹1 per gram for 24 Karat gold, 22 Karat gold and 18 Karat gold. Silver prices also went up a bit by ₹0.10 per gram and ₹100 per kilogram.

This means that the people who buy metals in India are buying just enough and the prices of precious metals in other countries are also steady. The value of the money is also not changing a lot. So people who want to buy metals for weddings or for investment can buy them now because the prices are not changing a lot. This is a time to buy precious metals before the festival season starts.

Here is a lot of information about the precious metal market, including the prices of precious metals the different types of precious metals how the prices are different in different cities, in India how to calculate the taxes on precious metals and how to invest in precious metals in a smart way.

Kolkata Gold and Silver Price Market Breakdown: 

Gold trading in Kolkata recorded minor positive adjustments on August 21, 2026, preserving gains established over recent sessions:

  • 24 Karat Gold (99.9% Purity):

    • Price per Gram: ₹15,928

    • Daily Adjustment: +₹1 per gram

    • 8 Grams (Sovereign Equivalent): ₹1,27,424

    • 10 Grams (Standard Bar): ₹1,59,280

    • 100 Grams (Commercial Bar): ₹15,92,800

    • Market Overview: 24K gold serves as the baseline benchmark for pure bullion investments, minted coins, and central bank holdings. The marginal +₹1 per gram move signals steady price consolidation in primary wholesale trading circles.

  • 22 Karat Gold (91.6% Purity):

    • Price per Gram: ₹14,601

    • Daily Adjustment: +₹1 per gram

    • 8 Grams: ₹1,16,808

    • 10 Grams: ₹1,46,010

    • 100 Grams: ₹14,60,100

    • Market Overview: 22K gold is the primary choice for traditional bridal and ceremonial jewellery across India. Today’s stable pricing allows retail consumers to plan purchases without facing volatile intra-day surcharges.

  • 18 Karat Gold (75.0% Purity):

    • Price per Gram: ₹11,947

    • Daily Adjustment: +₹1 per gram

    • 8 Grams: ₹95,576

    • 10 Grams: ₹1,19,470

    • 100 Grams: ₹11,94,700

    • Market Overview: Popular for modern, lightweight, and gem-studded contemporary jewellery, 18K gold mirrored the general market’s stability with a ₹1 per gram adjustment.

Kolkata Silver Market Analysis: Prices Consolidate Near Highs

Silver rates in Kolkata held firm on August 21, 2026, maintaining multi-month high valuations across retail and commercial tiers:

  • Silver Price per Gram: ₹255.10 (Daily Gain: +₹0.10 per gram)

  • Silver Price per Kilogram: ₹2,55,100 (Daily Gain: +₹100 per kilogram)

  • Year-to-Date Performance: Silver continues to report solid year-to-date gains between 5% and 7%, supported by international rallies and expanding industrial applications.

  • Market Profile: Beyond its traditional role as a store of value, silver sees growing demand across industrial sectors, including photovoltaic solar cell manufacturing, electronic components, and green energy applications.

State-Wise Gold and Silver Price Comparison Across Major Indian Cities

Precious metal rates differ across Indian states due to local entry levies, transportation overheads, state-level taxes, and regional wholesale association fixes.

The table below outlines indicative retail pricing across key Indian states and major metropolitan hubs on August 21, 2026:

StatePrimary Metro24K Gold Rate (per 10g)22K Gold Rate (per 10g)18K Gold Rate (per 10g)Silver Rate (per Kg)
West BengalKolkata₹1,59,280₹1,46,010₹1,19,470₹2,55,100
Delhi NCRNew Delhi₹1,59,430₹1,46,160₹1,19,590₹2,55,100
MaharashtraMumbai₹1,59,280₹1,46,010₹1,19,470₹2,55,100
Tamil NaduChennai₹1,59,730₹1,46,410₹1,19,820₹2,60,100
TelanganaHyderabad₹1,59,280₹1,46,010₹1,19,470₹2,60,100
KarnatakaBengaluru₹1,59,280₹1,46,010₹1,19,470₹2,55,100
GujaratAhmedabad₹1,59,330₹1,46,060₹1,19,510₹2,55,100
Uttar PradeshLucknow₹1,59,430₹1,46,160₹1,19,590₹2,55,100
RajasthanJaipur₹1,59,380₹1,46,110₹1,19,550₹2,55,100
KeralaKochi₹1,59,280₹1,46,010₹1,19,470₹2,60,100

Key Takeaways on Regional Variations:

  1. Southern Regional Premium: Markets like Chennai, Hyderabad, and Kochi reflect higher local silver rates due to strong regional demand for silver utensils, ornaments, and industrial consumption.

  2. Logistics & Freight: Inland and northern cities (New Delhi, Lucknow, Jaipur) quote slight premiums over port hubs due to internal shipping costs.

  3. Eastern Commercial Hub: Kolkata remains the central pricing anchor for Eastern and North-Eastern Indian markets.

Macroeconomic Factors Governing Today’s Bullion Market

  1. International Spot Movements: Domestic gold and silver prices track international spot benchmarks on the COMEX and LBMA closely. Stable global trading overnight helped anchor Indian domestic prices.

  2. Rupee-Dollar Dynamics (USD/INR): Because India relies heavily on imports for its precious metal supply, the exchange rate of the Indian Rupee against the US Dollar directly influences landed import costs. A stable exchange rate keeps domestic prices balanced.

  3. Central Bank Reserves & Safe-Haven Demand: Persistent buying by global central banks and broader macroeconomic hedge allocations continue to support underlying floor prices for gold.

  4. Industrial Offtake for Silver: Industrial demand from solar panel manufacturers and semiconductor producers provides steady long-term support for silver rates.

Step-by-Step Retail Invoice Calculation with GST & Making Charges

When buying gold jewellery from retail showrooms, the final bill includes the base gold price, craftsman making charges, and statutory Goods and Services Tax (GST).

Standard Final Invoice Formula:

Final Billing Amount = Base Price+Making Charges + GST on Metal (3%) + GST on Making Charges (5%)

Where:

  • Base Metal Price = Weight (grams) X Today’s Rate per Gram
  • GST{Gold} = Base Metal Price} X 0.03
  • GST{Making} = Making Charges X 0.05
Essential Consumer Verification Checklist Before Buying Gold

To ensure transparency and authenticity when purchasing gold in Kolkata or across India, keep these verification steps in mind:

  1. Check BIS Hallmarking & HUID: Verify that every piece carries the official Bureau of Indian Standards (BIS) mark alongside the mandatory 6-digit alphanumeric Hallmark Unique Identification (HUID) code stamped on the metal.

    • 24K999 for 24 Karat pure gold bars and coins

    • 22K916 for 22 Karat gold jewellery

    • 18K750 for 18 Karat gold jewellery

  2. Verify Daily Benchmark Rates: Check prevailing wholesale rates using digital Gold Rate Calculators before finalizing purchases at retail outlets.

  3. Confirm Making Charges: Ask for clear visibility on making charges and negotiate where possible, particularly for machine-made or standard designs.

  4. Demand an Itemized Bill: Ensure your official tax invoice details net metal weight, exact purity grade, HUID code, making charges, and applied GST for easy future resale or exchange.

Market Summary & Future Outlook

Today’s gold rate of ₹15,928 per gram (24K) and silver rate of ₹255.10 per gram in Kolkata represent a stable consolidation phase. With fundamental support intact from institutional buying and industrial demand, current levels offer a dependable foundation for both long-term investors and retail buyers planning for upcoming festive purchases.

Disclaimer: We collect these market rates from different news channels and local trade updates just to share information. Please do not take this as financial or investment advice. Gold and silver prices change fast every day because of market shifts and local tax rules. We strictly recommend checking the live current rates in your city and talking to a financial expert before buying anything.

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