Just a day before Independence Day, gold prices fell, gold became cheaper from Delhi to Lucknow, know today’s latest price of 22 and 24 carat.

The enthusiasm for the 79th Independence Day and preparations for the celebration of independence are in full swing across the country. Just a day before the national festival of 15th August and the upcoming festive season, a relief news has emerged from the Indian bullion market for common buyers and investors. On August 14, 2026, there has been a sudden slowdown in the prices of gold and silver, which were continuously touching record highs. Due to ongoing fluctuations in international and domestic commodity markets, a slight decline in gold prices has been recorded today. Due to this softening, the price of 22 carat gold has come down to the level of ₹ 1,40,940 per 10 grams in many big cities of the country including the country’s capital Delhi, Rajasthan’s capital Jaipur and Uttar Pradesh’s capital Lucknow.

Gold and silver prices soften just before Independence Day

While gold rates were continuously setting new records in the month of August, a slight profit-taking trend was seen in the market on 14th August i.e. the eve of Independence Day. The strength of the US dollar in the global bullion market and changes in bond yields have had a direct impact on the Indian futures market (MCX) and spot bullion markets. After this softening, local bullion traders believe that this relief in gold prices just before the upcoming festivals like Independence Day, Rakshabandhan and Janmashtami will attract buyers towards purchasing jewellery. According to market analysts, after the huge increase in the last few days, there was a slight slowdown in demand at the local level, due to which the sellers have made slight revision in the prices.

Today’s price in major cities including Delhi, Jaipur and Lucknow

Today, slight changes have been recorded in the prices of 22 carat and 24 carat gold in different states and major metros of the country. In major bullion markets of North India such as Delhi, Jaipur and Lucknow, 22 carat gold is trading around ₹1,40,940 per 10 grams, while the price of pure 24 carat gold remains at the level of ₹1,53,600 to ₹1,53,740 per 10 grams.

Why did gold prices fall? Know the international and domestic reasons

Many major global and economic reasons are being held responsible for this slowdown in gold prices. The first main reason is the strengthening of the US dollar index in the international market (Comex). Whenever the strength of the US dollar increases, gold becomes costlier for holders of other currencies, putting pressure on global demand and causing a slight slowdown in prices. The second major reason is that after the recent record rally, international speculators and institutional investors have booked profits in their holdings. Apart from this, big investors are also adopting a cautious stance regarding the upcoming statements regarding interest rates by the US central bank Federal Reserve. Domestically, the balance of the Indian rupee against the dollar and stability in the local tax structure are also playing an important role in controlling prices.

The price of silver also softened, know the new rates of 1 kg silver

Along with gold, silver prices also witnessed a softening atmosphere today. There has been a decline in silver rates due to some slowdown in industrial demand and ongoing fluctuations in the global commodity market. Today, the price of fine silver (999 purity) in the Indian market remains at the level of around ₹ 2,36,790 per kg. However, from a long-term perspective, silver has given multibagger returns to investors in the current year. Bullion experts say that after Independence Day, as the festivals of Rakshabandhan and Ganesh Chaturthi approach, there will be huge demand for silver utensils, coins and jewellery, due to which there may be a rise in its prices again.

Those buying gold and silver during the festive season should keep these things in mind

If you are also planning to buy gold and silver jewelery for your family during the Independence Day holidays or on the occasion of upcoming Rakshabandhan, then it is important to take special care of some important things:

It is mandatory to check BIS Hallmark: While buying gold, check the 6 digit HUID (Hallmark Unique Identification) code and the official hallmark logo of BIS on the jewellery. This code gives a legal guarantee of the purity of gold.

Understand the difference between 22K and 24K: 24 carat gold is 99.9% pure and is mainly used for investment in the form of coins & bars. For making jewellery, only 22 carat (91.6% purity) or 18 carat gold is used because pure gold is very soft.

Be sure to get a confirmed bill: While purchasing from any bullion dealer, always ask for an official GST Invoice (Bill) clearly mentioning GST (GST – 3%) and making charges. Gold purchased without bill can create problems in selling or exchanging it in future.

Is this the right time to buy gold? expert opinion

According to commodity and financial market experts, this fall in gold prices just before Independence Day could be a good opportunity for those buyers who were waiting for the right opportunity for a long time. Experts believe that due to global economic uncertainty, continuous purchases of gold by central banks and inflation concerns, the trend of gold is going to remain positive and bullish in the long term. In such a situation, those who want to invest in digital gold, sovereign gold bonds, gold ETFs or physical gold from long-term investment point of view can take advantage of this decline.