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MCX gold rallies for fifth straight week; gains  ₹19,000 per 10 grams in August

Mint Markets · Finance · 2026-08-23

MCX gold rallies for fifth straight week; gains ₹19,000 per 10 grams in August

MCX gold prices in India rose for the fifth week, gaining nearly ₹8,000 per 10 grams to settle at ₹1,62,438. Gold's August gains reached 13%, supported by a declining U.S. dollar and reduced expectations for a Federal Reserve rate hike. MCX gold rallies for fifth straight week; gains ₹19,000 per 10 grams in August

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