Gold and silver jump over 3% to a two-and-a-half-month high following US Treasury's surprise liquidity support announcement, with major Indian jewellers hiking rates for 22k gold jewellery.
Gold prices surged across major Indian cities on August 20, 2026, as jewellers like Tanishq and Malabar raised 22k rates following a global precious metals rally driven by US Treasury liquidity support.
AI-generated summary
Gold prices increased across major Indian cities following global rallies driven by US Treasury measures and shifting bond yields.
Gold prices moved up across major cities today (Thursday, August 20, 2026), with jewellers quoting higher rates for 22k gold jewellery compared to prices on Wednesday. The increase is visible across major jewellery brands, including Tanishq, Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers across major cities such as Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad and Thiruvananthapuram.
The IBJA’s latest indicative retail rates of 24k, 22k, 20k, 18k and 14k gold and 999-purity silver also saw an uptick today.
Prithviraj Kothari, managing director at RiddiSiddhi Bullions Ltd., president of IBJA says, "Gold and silver jumped over 3% to a two-and-a-half-month high after the US Treasury's surprise liquidity support announcement pulled down bond yields and the dollar ahead of the Fed's July minutes. The Treasury will at least double its buyback operations for 10-to-30-year securities, while Secretary Bessent pushed for a higher FIMA facility threshold to ease dollar access for Japan. Fed minutes showed deepening inflation concern, with several policymakers open to a rate hike if inflation doesn't ease toward 2%. Technically, gold broke out of its $4,340-$4,440 range to hit $4,500, eyeing $4,600 next; silver cleared its $66 double top toward $70-71."
As of August 20, 2026, Tanishq's price for 22k gold jewellery is Rs 14,645 per gram across New Delhi showrooms. On August 19, 2026, the 22k gold price at Tanishq was Rs 14,250 per gram.
The current price of 22k gold jewellery at Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers is Rs 14,600 per gram each across New Delhi showrooms. The 22k gold price at these brands was Rs 14,205 per gram on Wednesday.
As of August 20, 2026, Tanishq's price for 22k gold jewellery is Rs 14,645 per gram across Mumbai showrooms. On August 19, 2026, the 22k gold price at Tanishq was Rs 14,250 per gram.
The current price of 22k gold jewellery at Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers is Rs 14,600 per gram each across Mumbai showrooms. The 22k gold price at these brands was Rs 14,205 per gram on Wednesday.
As of August 20, 2026, Tanishq's price for 22k gold jewellery is Rs 14,645 per gram across Chennai showrooms. On August 19, 2026, the 22k gold price at Tanishq was Rs 14,250 per gram.
The current price of 22k gold jewellery at Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers is Rs 14,600 per gram each across Chennai showrooms. The 22k gold price at these brands was Rs 14,205 per gram on Wednesday.
As of August 20, 2026, Tanishq's price for 22k gold jewellery is Rs 14,645 per gram across Kolkata showrooms. On August 19, 2026, the 22k gold price at Tanishq was Rs 14,250 per gram.
The current price of 22k gold jewellery at Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers is Rs 14,600 per gram each across Kolkata showrooms. The 22k gold price at these brands was Rs 14,205 per gram on Wednesday.
As of August 20, 2026, Tanishq's price for 22k gold jewellery is Rs 14,645 per gram across Hyderabad showrooms. On August 19, 2026, the 22k gold price at Tanishq was Rs 14,250 per gram.
The current price of 22k gold jewellery at Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers is Rs 14,600 per gram each across Hyderabad showrooms. The 22k gold price at these brands was Rs 14,205 per gram on Wednesday.
As of August 20, 2026, Tanishq's price for 22k gold jewellery is Rs 14,645 per gram across Trivandrum showrooms. On August 19, 2026, the 22k gold price at Tanishq was Rs 14,250 per gram.
The current price of 22k gold jewellery at Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers is Rs 14,600 per gram each across Trivandrum showrooms. The 22k gold price at these brands was Rs 14,205 per gram on Wednesday.
As of August 20, 2026, Tanishq's price for 22k gold jewellery is Rs 14,645 per gram across Bengaluru showrooms. On August 19, 2026, the 22k gold price at Tanishq was also Rs 14,250 per gram.
The current price of 22k gold jewellery at Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers is Rs 14,600 per gram each across Bengaluru showrooms. The 22k gold price at these brands was Rs 14,205 per gram on Wednesday.
IBJA indicative retail selling rates for gold jewellery (August 20, 2026, am rates):
Fine Gold (999): Rs 15,739 per gram
22 KT: Rs 15,361 per gram
20 KT: Rs 14,007 per gram
18 KT: Rs 12,748 per gram
14 KT: Rs 10,152 per gram
Silver (999): Rs 2,38,485 per kg
IBJA indicative retail selling rates for gold jewellery (August 19, 2026, pm rates):
Fine Gold (999): Rs 15,387 per gram
22 KT: Rs 15,018 per gram
20 KT: Rs 13,694 per gram
18 KT: Rs 12,463 per gram
14 KT: Rs 9,924 per gram
Silver (999): Rs 2,29,225 per kg
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