Gold, Silver Prices Today, 6 August: Delhi, Mumbai Rates Up

NEW DELHI — Gold and silver prices today, 6 August 2026, traded steady to higher across major Indian metropolitan cities, driven by firm global spot market cues and persistent domestic retail demand. Financial markets monitored reference rates provided by bullion associations and exchange desks as buyers evaluated 24K, 22K, and 999 silver figures.

Regional Price Movements Across Key Metros

According to figures published by the All India Bullion association, the national benchmark price for 24-karat gold hovered around ₹1,46,774 per 10 grams in early trading, while 22-karat gold settled at ₹1,34,542 per 10 grams. Silver per kilogram was priced at ₹227,905 across major distribution centers.

In Mumbai, 24-karat gold was quoted at ₹14,576 per gram (₹1,45,760 per 10 grams), while 22-karat gold traded at ₹13,361 per gram. In New Delhi, retail rates for 24-karat gold recorded a slight premium at ₹14,591 per gram (₹1,45,910 per 10 grams), and 22-karat gold stood at ₹13,376 per gram. Kolkata aligned closely with Mumbai levels, reflecting 24-karat gold at ₹14,576 per gram and 22-karat gold at ₹13,361 per gram.

Retail & Industrial Market Drivers

Bullion market analysts noted that localized price variances between cities like Delhi, Mumbai, and Kolkata stem primarily from regional octroi levies, transportation charges, and localized jeweler making fees. Furthermore, underlying demand for 999 fine silver remained solid as industrial buyers and retail investors maintained steady allocations amidst wider economic volatility.

Consumers purchasing physical jewelry are advised to factor in the mandatory 3% Goods and Services Tax (GST) alongside variable making charges applied by individual retailers.

Official Sources Section

Market data cited in this report is sourced from official publications by the All India Bullion association, regional trade bodies, and exchange desk spot price disclosures as recorded on 6 August 2026.

Quote Section

According to officials at regional bullion trading desks, physical demand remains underpinned by consumer hedging strategies and local seasonal requirements across urban markets.

Why It Matters

Fluctuations in daily retail bullion rates directly affect consumer purchasing power for jewelry, retail gold investment products like sovereign gold bonds, and industrial procurement contracts for silver. Keeping track of 24K, 22K, and 999 fine silver rates helps household buyers and institutional investors time their transactions effectively.

Key Facts at a Glance

• Mumbai Benchmark (24K Gold): ₹14,576 per gram (₹1,45,760 per 10g).

• Delhi Benchmark (24K Gold): ₹14,591 per gram (₹1,45,910 per 10g).

• Kolkata Benchmark (24K Gold): ₹14,576 per gram (₹1,45,760 per 10g).

• National Silver Rate (999 Fine): Approximately ₹2,27,905 per kg.

• Taxation: All retail gold purchases attract an additional 3% GST plus making charges.

FAQ Section

What is the difference between 24K and 22K gold?

24K gold represents 99.9% pure gold, making it suitable for coins and bullion bars, whereas 22K gold contains 91.6% pure gold mixed with alloy metals, making it more durable for crafting daily-wear jewelry.

Why do gold prices differ across cities like Delhi and Mumbai?

Local pricing differences occur due to freight charges, state-level duties, local supply-demand dynamics, and regional bullion association reference rates.

Are GST and making charges included in daily reference rates?

No, daily reference rates released by trade associations exclude the 3% GST and jeweler making charges, which are calculated separately at the point of sale.

Source: All India Bullion, Ministry of Finance.