Gold & Silver Rates Today — 31 August 2026
| Date | Gold (24K) | Silver | ||
|---|---|---|---|---|
| Call & move | Result | Call & move | Result | |
| 31 Aug | ↘ Coolingawaiting tomorrow | Pending | ↘ Coolingawaiting tomorrow | Pending |
| 26 Aug | → SidewaysFell 3.9% (hawkish Warsh pullback) | ✗ Miss | → SidewaysEased 3.0% | ✗ Miss |
| 25 Aug | → SidewaysFlat -0.2% | ✓ Right | → SidewaysEased ~1.0% | ≈ Partly |
| 19 Aug | → SidewaysRose ~5.8% over the 20-24 Aug task-outage gap | ✗ Miss | → SidewaysRose ~6.1% over the gap | ✗ Miss |
| 18 Aug | → Sideways / FirmEased ~1.1% | ✗ Miss | → SidewaysFell ~2.7% | ✗ Miss |
| 17 Aug | → Sideways / FirmEased 0.3% (normal daily move) | ≈ Partly | → SidewaysEased ~1.3% | ≈ Partly |
Good morning — here is your gold and silver update for 31 August 2026. After Friday's hawkish signal from the US Fed, both metals have cooled off a little, so this is a calmer, less hurried morning for buyers.
In short (31 August 2026): 24K gold is around ₹1,56,400/10g and 22K around ₹1,43,370/10g; silver is about ₹2,36,650/kg. A more hawkish US Fed lifted the dollar and bond yields on Friday, pulling global gold down about 3% and silver more sharply, so the near-term tone is softer/cooling. These are indicative India reference levels — AT Jewels' live counter rate is the billing price.
Today's rates at a glance
- 24K gold: around ₹1,56,400 per 10g (indicative)
- 22K gold: around ₹1,43,370 per 10g (indicative)
- Silver: about ₹2,36,650 per kg (indicative)
These are indicative reference levels for India. The only rate that actually bills your purchase is AT Jewels' live counter/board rate at the moment you buy — in store or over WhatsApp.
What is moving the market this week
The big mover was the US Federal Reserve. At the Jackson Hole meeting, Fed Chair Kevin Warsh came across more hawkish than markets expected — the message was that inflation is still too high and the Fed has “work to do.” Markets read that as a higher chance of rates staying up (or even a hike), which pushed the US dollar and bond yields higher. When the dollar and yields rise, gold — which pays no interest — usually softens, and it did: global prices slipped about 3% on Friday, with silver falling more.
For us in India there is a small cushion: the rupee is on the weaker side (around 95.5 to the dollar), so our local gold price has come down much less than the global price. Underneath all this, the longer-term supports for gold — central-bank buying, government debt worries and the approaching festival and wedding season — are all still in place. This looks more like a pause after a strong run than a change of direction.
The near-term view
My plain read for the next few days is cooling / slightly softer for both gold and silver, with silver likely to be the choppier of the two. After a sharp fall there can always be a bounce, so I would not treat this as a one-way street. If you are buying for a wedding or a festival, this kind of quieter, easing morning is actually a comfortable time to buy — go by your need and your date, split your buying into parts rather than one lump, and don't chase a single green or red day. There is a big US jobs report on Friday that could move things again, so nobody should claim certainty about where prices go from here.
Frequently asked
What is the gold rate today in India?
24K gold is around ₹1,56,400/10g and 22K around ₹1,43,370/10g (indicative). The final price you pay depends on making charges, GST and AT Jewels' live counter rate at the time of billing.
What is the silver rate today?
Silver is about ₹2,36,650/kg (indicative) today.
Will gold prices go up or down this week?
The near-term tone is a little softer after the Fed's hawkish signal lifted the dollar and yields. That said, a bounce after a sharp fall is always possible and Friday's US jobs data could shift the picture — so no one can promise a direction with certainty.
— Nitin Bardia / AT Jewels
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Disclaimer: This note is general market commentary for information only and is not investment, trading or financial advice, nor a recommendation to buy or sell any commodity. Rates shown are indicative and can change through the day; the binding price for any transaction is AT Jewels' live counter rate at the time of purchase. Precious-metal prices can move against any view expressed here. Please make your own decision or consult a qualified adviser before any investment.