Gold Rate Today (August 18, 2026): Gold prices moved lower in early trading on Tuesday, August 18, with Multi Commodity Exchange (MCX) futures contracts declining after the previous session’s gains. The movement comes as investors track the dollar, US monetary policy expectations and geopolitical developments for cues on the precious metal. The MCX futures price of 24-carat gold dropped 0.41 per cent, or Rs 640, to Rs 1,55,300 per 10 grams during initial trade. The contract had settled at Rs 1,55,940 per 10 grams in the previous session. According to IBJA, 24-carat gold was priced at Rs 1,54,170 per 10 grams, while the international price stood at $4,450.70 per ounce. Meanwhile, Goodreturns put the price of 24-carat gold at Rs 1,55,810 per 10 grams.

24K, 22K, 18K Gold Rate In Delhi, Chennai, Mumbai And Other Major Cities

Gold had gained ground in the Delhi bullion market during Monday’s session. The price of 99.9 per cent purity gold increased by Rs 600 to Rs 1,56,800 per 10 grams, compared with Rs 1,56,200 per 10 grams at Friday’s close.

The international market also recorded an increase, with spot gold advancing 0.48 per cent to $4,397.59 per ounce.

Gold futures similarly moved higher during Monday’s trading. The October contract on MCX gained Rs 676, or 0.44 per cent, to reach Rs 1,55,182 per 10 grams. Globally, gold futures rose 0.40 per cent to $4,394.01 per ounce in New York. The rise was attributed to fresh positions being created by traders amid firm spot demand.

What Are Experts Saying About Gold Prices?

According to news agency PTI, Saumil Gandhi, Senior Analyst (Commodities) at HDFC Securities, said that gold rose on Monday. He attributed the gains to a weaker dollar and lower expectations of tighter Federal Reserve monetary policy following softer US economic indicators.

He noted that moderate US inflation data released last week, along with weaker employment and retail sales figures, reduced expectations of further monetary policy tightening. The resulting pressure on the dollar supported demand for precious metals.

Praveen Singh, head of commodities at Mirae Asset Sharekhan, said spot gold was trading 0.5 per cent higher at $4,398 an ounce and could remain supported by dollar weakness and range-bound oil prices. He added that geopolitical developments were also being monitored, including US President Donald Trump’s plans for additional economic sanctions on Iran.

Jatin Trivedi, Vice President, Research Analyst (Commodities & Currencies), LKP Securities, said investors would watch the minutes of the Federal Reserve’s FOMC meeting due this week. The minutes could offer fresh signals on the US central bank’s interest-rate outlook and provide direction to bullion prices.