India, Aug. 16 -- Gold Price Today, 16 August 2026: The price of gold remains high in India on 16 August 2026, as the local market is hovering near its highest level despite large daily fluctuations. The retail indicative price of gold is Rs.15,513 per gram for 24K gold, Rs.14,220 for 22K and Rs.11,635 for 18K gold while this means that the cost of 10 grams of 24K gold is Rs.1,55,130, for 22K it is Rs.1,42,200 and for 18K it is Rs.1,16,350. It is evident how expensive gold has become.

If one compares it with the price of Rs.12,500 per 10 grams quoted for 2008, it means that there has been an increase of approximately 1,140%-1,140% in just 18 years. The rise over a much longer time period is more impressive, as it goes from roughly Rs.18....