Gold prices remained nearly flat on August 18. Gold's October contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 99,960 per 10 grams today, slightly higher than the previous closing price of Rs 99,838 per 10 grams.
Let's check the latest prices of 10 grams of 22 carat and 24 carat gold in major cities of the country on August 18:
| City | Price of 24k gold | Price of 22k gold |
| Delhi | Rs 1,01,330/10g | Rs 92,900/10g |
| Mumbai | Rs 1,01,180/10g | Rs 92,750/10g |
| Chennai | Rs 1,01,180/10g | Rs 92,750/10g |
| Kolkata | Rs 1,01,180/10g | Rs 92,750/10g |
| Bengaluru | Rs 1,01,180/10g | Rs 92,750/10g |
| Jaipur | Rs 1,01,330/10g | Rs 92,900/10g |
| Lucknow | Rs 1,01,330/10g | Rs 92,900/10g |
| Hyderabad | Rs 1,01,180/10g | Rs 92,750/10g |
| Ahmedabad | Rs 1,01,230/10g | Rs 92,800/10g |
Also read: Mumbai’s richest Ganesh mandal secures record Rs 474 crore insurance amid soaring gold prices
"Gold prices were up [as] growing geopolitical risks reignited investor demand for safe-haven assets. The surge came amid heightened military conflict between Russia and Ukraine and rising trade tensions between the United States and China," said Religare Broking in its latest report.
Also read: Gold rebounds from two-week low; Trump-Zelenskiy meeting in focus
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