Gold Price Today, August 22: Check Latest Prices In Your City

The yellow metal witnesses high volatility as traders cautiously await US Fed Chairman Jerome Powell’s upcoming speech. Check the latest 22K and 24K rates in your city.

August 22, 2025: On Friday, August 22, gold price and silver price in India were very unstable since investors and traders were not willing to make big bets. The market is feeling apprehensive since US Federal Reserve Chairman Jerome Powell will be giving a major speech at the highly anticipated Jackson Hole Symposium.

In Mumbai, 10 kilos of 24-carat gold cost Rs 1,00,760, and 10 grams of 22-carat gold cost Rs 92,310. At the same time, the price of silver stayed the same across the country at Rs 1,16,100 per kilogram.

Check Price Of 22kt, 24kt Gold Prices Today In Your City

The futures market is down a little bit.
In the morning session on the Multi Commodity Exchange (MCX), gold and silver futures were down a little bit, which shows that there wasn’t much new purchasing interest.

Gold futures, which will expire on August 5, 2025, decreased by 0.15% and are now worth Rs 99,285 for every 10 grams.

Silver futures, which will end on September 5, 2025, were trading slightly lower at Rs 1,13,580 per kilogram, down 0.11%.

Gold Prices by City on August 22
Gold prices were a little different in different big cities because of local taxes and other fees. The prices for 10 grams of 22-carat and 24-carat gold are as follows:

The international market is in a holding pattern.
US current gold prices fell slightly on the international market, dropping 0.1% to $3,335.22 per ounce. This tendency around the world is similar to how investors are holding off until the US Federal Reserve makes its future monetary policies clear.

Jerome Powell, the head of the Federal Reserve, is set to give his main statement on Friday at 1400 GMT (7:30 pm IST). People are paying close attention to what he says because it could give them new information about what the central bank thinks about interest rates. Gold usually does well when interest rates are low, so any sign that rates might go down could cause prices to rise.

CME’s FedWatch tool says there’s an 85% chance of a quarter-point rate decrease in September. If Powell’s speech backs this up, it might cause gold prices to rise a lot.


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