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Home ›› Commodities ›› Commodities Metals ›› Gold Prices in India Fall on August 5: City-Wise Rates for 22K and 24K Bullion

Gold Prices in India Fall on August 5: City-Wise Rates for 22K and 24K Bullion

Gold prices in India fell across all major cities on August 5, 2026, with 22-carat and 24-carat rates declining in Mumbai, Chennai, Hyderabad, Delhi, Ahmedabad, Bengaluru and Kolkata, according to The Hindu BusinessLine. The steepest declines were in Chennai and Hyderabad, while Kolkata posted the highest 24-carat price at ₹14,018 per gram. Rates were compiled by bankbazaar.com.

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iGEN Editorial
August 5, 2026
Gold Prices in India Fall on August 5: City-Wise Rates for 22K and 24K Bullion

On August 5, 2026, gold prices in India fell across all major cities, with both 22-carat and 24-carat variants recording declines on the day, according to The Hindu BusinessLine. The rates, compiled by bankbazaar.com, showed the 8-gram denomination dropping in every city tracked.

Gold rates slide across India

The Hindu BusinessLine reported that gold prices in India fell today across all cities, and the price for 8 grams of 24-carat gold also decreased in all cities compared to yesterday. At the national level, 1 gram of 22-carat gold was quoted at ₹13,250, down ₹20 from the previous session, while 8 grams of 22-carat gold stood at ₹1,06,000, a decline of ₹160. The report did not provide a single national figure for 24-carat gold, instead publishing city-wise rates for seven cities: Mumbai, Chennai, Hyderabad, Delhi, Ahmedabad, Bengaluru and Kolkata.

Gold prices in India fell today across all cities.

The declines were not uniform across cities. Chennai and Hyderabad recorded the steepest drop for 22-carat gold, with prices falling ₹50 per gram and ₹400 per 8 grams. In contrast, Mumbai, Delhi, Ahmedabad, Bengaluru and Kolkata saw a smaller decline of ₹20 per gram and ₹160 per 8 grams for the same purity. For 24-carat gold, Chennai and Hyderabad again posted the largest reductions — ₹53 per gram and ₹424 per 8 grams — while the other five cities declined by ₹21 per gram and ₹168 per 8 grams, according to the source data.

City-wise 22-carat gold prices

The table below lists 22-carat gold rates on August 5, 2026, along with the day's change, as reported by The Hindu BusinessLine and courtesy bankbazaar.com.

City 22 Carat 1g (₹) Change (₹) 22 Carat 8g (₹) Change (₹)
Mumbai 13,250 -20 1,06,000 -160
Chennai 13,200 -50 1,05,600 -400
Hyderabad 13,200 -50 1,05,600 -400
Delhi 13,300 -20 1,06,400 -160
Ahmedabad 13,304 -20 1,06,432 -160
Bengaluru 13,310 -20 1,06,480 -160
Kolkata 13,350 -20 1,06,800 -160

Among the seven cities, Chennai and Hyderabad offered the lowest 22-carat price at ₹13,200 per gram, while Kolkata quoted the highest at ₹13,350 per gram, the data showed.

City-wise 24-carat gold prices

For 24-carat gold, rates moved as follows on August 5, 2026:

City 24 Carat 1g (₹) Change (₹) 24 Carat 8g (₹) Change (₹)
Mumbai 13,913 -21 1,11,304 -168
Chennai 13,860 -53 1,10,880 -424
Hyderabad 13,860 -53 1,10,880 -424
Delhi 13,965 -21 1,11,720 -168
Ahmedabad 13,969 -21 1,11,752 -168
Bengaluru 13,976 -21 1,11,808 -168
Kolkata 14,018 -21 1,12,144 -168

Kolkata recorded the highest 24-carat price in the list at ₹14,018 per gram, while Chennai and Hyderabad had the lowest at ₹13,860 per gram, according to The Hindu BusinessLine.

Data source and publication details

The rates were compiled by bankbazaar.com and published by The Hindu BusinessLine on August 5, 2026, in an article authored by R Dinakaran. The report did not provide any explanation for the price decline, nor did it include international benchmark prices, inventory data, or demand-side commentary. For commodity traders monitoring Indian bullion prices, the city-wise break-out offers a snapshot of domestic retail-level quotations; all figures are in Indian rupees per gram, with 8-gram and 1-gram denominations the only sizes listed in the source.


Sources: TheHindu-C

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