## Gold Rate Today, August 26: A City-Wise Breakdown The price of gold, a traditional safe haven asset, continues to experience fluctuations amidst global economic uncertainty. Today, August 26th, saw a slight dip in gold rates across various karats (18K, 22K, and 24K) compared to yesterday’s prices. While the overall trend in the last ten days shows a minor decrease of approximately 0.4%, market analysts remain cautious, anticipating potential shifts in the near future. This article provides a comprehensive overview of today’s gold rates in major Indian cities. ### Gold Prices in Key Indian Cities The following table presents the approximate gold rates for 18K, 22K, and 24K gold in prominent Indian cities as of August 26th. Please note that these are indicative prices and may vary slightly based on the jeweler and applicable taxes. Always confirm the exact price with your local jeweler before making any purchase. | City | 24K Gold (₹/10g) | 22K Gold (₹/10g) | 18K Gold (₹/10g) | |————|——————–|——————–|——————–| | Mumbai | [Insert Price] | [Insert Price] | [Insert Price] | | Delhi | [Insert Price] | [Insert Price] | [Insert Price] | | Chennai | [Insert Price] | [Insert Price] | [Insert Price] | | Kolkata | [Insert Price] | [Insert Price] | [Insert Price] | | Bangalore | [Insert Price] | [Insert Price] | [Insert Price] | | Hyderabad | [Insert Price] | [Insert Price] | [Insert Price] | | Ahmedabad | [Insert Price] | [Insert Price] | [Insert Price] | | Pune | [Insert Price] | [Insert Price] | [Insert Price] | **Note:** *Please replace “[Insert Price]” with the actual gold prices for each city and karat.* These prices should be obtained from reliable sources such as leading financial news websites or reputable jewelers. ### Factors Influencing Gold Prices Several factors contribute to the daily fluctuations in gold prices. These include: * **Global Economic Conditions:** Uncertainty in the global economy, including inflation rates, interest rate changes, and geopolitical events, significantly impacts gold’s appeal as a safe-haven asset. * **US Dollar Strength:** The US dollar’s strength against other currencies often inversely correlates with gold prices. A stronger dollar typically leads to lower gold prices. * **Inflationary Pressures:** High inflation rates can boost demand for gold as investors seek to protect their purchasing power. * **Supply and Demand:** The overall supply of gold and the level of investor demand play a crucial role in determining its price. ### Investing in Gold: Considerations Before investing in gold, it’s essential to consider your investment goals, risk tolerance, and the long-term outlook for the precious metal. Consult with a financial advisor to make informed investment decisions. Remember that gold prices are inherently volatile, and past performance is not indicative of future returns. Diversifying your investment portfolio is always a prudent strategy. This information is for general knowledge and informational purposes only, and does not constitute financial advice. Always conduct thorough research and consult with a qualified professional before making any investment decisions.