Gold, silver price today, August 27: Gold rises 0.31%, silver gains 0.84% on MCX; check rates in major cities

Gold and silver prices were trading higher on the Multi Commodity Exchange (MCX) on Thursday morning ( August 27), with both precious metals gaining in early trade.

MCX gold futures for the September 4, 2026 expiry were trading at ₹1,59,154 per 10 grams, up ₹493 or 0.31 per cent from the previous close of ₹1,58,661 per 10 grams at the time of writing.

Silver futures for the September 4 expiry were trading at ₹2,41,648 per kilogram, gaining ₹2,010 or 0.84 per cent from the previous close of ₹2,39,638 per kg at the time of writing.

The September gold futures contract was trading in positive territory in Thursday's session. The contract has so far moved between ₹1,58,925 and ₹1,60,136 per 10 grams.

The average traded price stood at ₹1,59,421.28 per 10 grams.

According to the latest IBJA rates for August 26, 999-purity gold was priced at ₹1,62,344 per 10 grams in the morning and ₹1,62,041 per 10 grams in the evening.

Gold prices had declined in the domestic bullion market on Wednesday after a four-day rally. Gold of 99.9 per cent purity in the national capital fell ₹600 to ₹1,66,500 per 10 grams, according to the All India Sarafa Association.

MCX silver futures for the September 4 expiry were trading at ₹2,41,648 per kg, up 0.84 per cent in early trade.

The contract had a day's high of ₹2,42,999 per kg and a low of ₹2,41,526 per kg. The average traded price stood at ₹2,42,172.02 per kg.

The latest IBJA rate for 999-purity silver on August 26 stood at ₹2,43,446 per kg in the morning and ₹2,41,848 per kg in the evening.

Silver also gained in the domestic bullion market on Wednesday, rising ₹500 to ₹2,50,500 per kg, according to the All India Sarafa Association.

The gold rate listed by Tanishq on August 27, 2026, was ₹12,318, unchanged from the ₹12,318 rate listed on August 26.

The Tanishq rate remained unchanged even as gold futures traded higher on MCX on Thursday morning.

According to the latest available Kalyan Jewellers gold rates on Thursday, August 27, 2026, 24-karat gold was priced at ₹1,63,860 per 10 grams.

The 22-karat gold rate stood at ₹1,50,100 per 10 grams.

These are retail jewellery rates and can differ from MCX futures and IBJA benchmark prices.

Gold rates in major Indian cities today

According to Goodreturns, on Thursday, August 27, 2026, 24-karat gold in Delhi was priced at ₹16,389 per gram, while 22-karat and 18-karat gold stood at ₹15,024 and ₹12,295, respectively. In Mumbai, 24-karat gold was available at ₹16,374 per gram, with 22-karat at ₹15,009 and 18-karat at ₹12,280.

Chennai recorded 24-karat gold at ₹16,374 per gram, while 22-karat and 18-karat rates were ₹15,009 and ₹12,779, respectively. In Kolkata, 24-karat gold was priced at ₹16,374 per gram, while 22-karat and 18-karat gold stood at ₹15,009 and ₹12,280. Bengaluru also recorded rates of ₹16,374 for 24-karat, ₹15,009 for 22-karat and ₹12,280 for 18-karat gold per gram. In Hyderabad, the rates were similarly ₹16,374, ₹15,009 and ₹12,280 per gram for 24-karat, 22-karat and 18-karat gold, respectively.

Silver rates in major Indian cities today

According to Goodreturns, on Thursday, August 27, 2026, silver in Chennai was priced at ₹2,649 per 10 grams, ₹26,490 per 100 grams and ₹2,64,900 per kg. In Mumbai, silver was available at ₹2,599 per 10 grams, ₹25,990 per 100 grams and ₹2,59,900 per kg.

Delhi and Kolkata also recorded silver rates of ₹2,599 per 10 grams, ₹25,990 per 100 grams and ₹2,59,900 per kg. In Bengaluru, the rates stood at ₹2,599 per 10 grams, ₹25,990 per 100 grams and ₹2,59,900 per kg, while Hyderabad recorded ₹2,649 per 10 grams, ₹26,490 per 100 grams and ₹2,64,900 per kg. Goodreturns Silver Rates

Why are gold and silver prices rising today?

The early gains in domestic precious metals come after gold prices moved higher in international trade on Thursday.

Spot gold rose around 0.8 per cent to about $4,630 per ounce, while investors continued to track concerns around currency debasement and the US budget deficit. Market participants are also watching developments around US monetary policy and comments expected from Federal Reserve Chair Kevin Warsh.

Movements in the US dollar and Treasury yields remain important factors for bullion prices, while expectations around interest rates can influence investor demand for gold and silver.

“Gold and silver prices are rising as the dollar index corrects and expectations of a near-term Federal Reserve rate hike ease. Recent US economic data has reduced concerns about further monetary tightening, putting downward pressure on bond yields. At the same time, strong investment demand and continued safe-haven buying are providing additional support to gold and silver prices,” said Anuj Gupta, SEBI-registered Research Analyst.

MCX prices are subject to change during market hours. Retail gold and silver rates can differ from exchange prices because of purity, taxes, local premiums and other charges. IBJA rates mentioned above are for August 26, 2026.