Gold Silver Rate: Gold prices are skyrocketing today. Silver has also become more expensive. Let's find out whether it's right to buy gold or silver now.

Gold-Silver Price: Gold becomes costlier by Rs 4300 and silver by Rs 10000

Gold Silver Rate 21 August 2026: Gold prices have risen sharply in the bullion market. Both gold and silver have shocked people early this morning. On one hand, gold rose by ₹4,300 to reach ₹1.62 lakh per 10 grams on August 21st, while silver has seen a jump of ₹10,000. Let's learn more about this here.

How much did gold become expensive?

Yesterday, on August 20th, the price of 24-carat pure gold was ₹1,58,000 per 10 grams, which has increased by ₹4,300 to ₹1,62,000 today. Today is the most expensive gold price in the last three months. Previously, on May 26th, 24-carat gold was almost as expensive, trading at ₹1,62,400 per 10 grams.

How much did silver become expensive?

Silver is also experiencing a similar surge. Today, pure silver prices have risen from ₹2,35,000 per kilogram to ₹2,45,000 per kilogram, representing a direct increase of ₹10,000. Today, silver is the most expensive in the last seven weeks. Previously, silver prices reached this high on July 3rd, reaching ₹2,45,000 per kilogram.

Why did gold and silver become expensive?

Gold prices today hovered near their highest level in more than two months, driven by a sharp decline in the US dollar and bond yields. Gold prices fell $66.31 to $4,456.72 per ounce, and silver fell nearly two percent to $65.82 per ounce. Spot gold prices fell to $4,450 per ounce after US President Donald Trump announced new economic sanctions on Iran, driven by a more than two percent increase in crude oil prices.