Aurangabad, Maharashtra — Gold prices in Aurangabad rose sharply during August 2026, reaching ₹1,59,280 per 10 grams (24K) on August 21, according to price data published by BusinessToday.in. The figures show notable month‑to‑month movement across May, June, July and August, reflecting short-term volatility that affects buyers, small jewellers and traders in the city.
Monthly movements and recent high
BusinessToday.in reported that 24‑carat gold opened August at ₹1,44,220 per 10 grams on August 2 and recorded a high of ₹1,59,280 on August 21. The monthly low for August was ₹1,43,990 on August 5. By contrast, July prices were relatively stable — opening at ₹1,43,790 on July 3 and settling at ₹1,44,340 on July 31, with a July peak of ₹1,47,010 on July 4.
Context from preceding months
Earlier in June prices began at a higher level, with 24K gold quoted at ₹1,57,180 per 10 grams on June 1, but the month ended lower at ₹1,41,920 on June 30, showing a net decline for June. May showed an overall rise; the opening quote on May 1 was ₹1,50,670 and the month included a high of ₹1,62,340 on May 15 and closed above the opening level at ₹1,57,040 on May 31, according to the same data.
"Prices showed both sharp rises and pullbacks across the four months, underscoring short‑term market swings that local buyers and jewellers need to monitor," the published figures indicate.
What the numbers mean locally
The month‑to‑month moves recorded in the data have direct consequences for household buyers in Aurangabad and for the city's numerous small jewellers, many based in areas such as Garkheda, Himayatnagar and Jalna Road. When gold rises quickly, consumers who hold cash or deposits for marriage and festival purchases may find budgets stretched; conversely, jewellers face margin pressure when procurement costs jump between purchase cycles.
- August 21, 2026: 24K at ₹1,59,280 per 10g (highest recorded in August)
- August volatility: August range between ₹1,43,990 and ₹1,59,280 per 10g
- June decline: June opened at ₹1,57,180 but fell to ₹1,41,920 by month end
Local goldsmiths and retailers typically adjust making charges and stock purchases based on these movements. Customers planning purchases for forthcoming festivals or family events often watch such price sheets daily before committing to large outlays.
Monthly summary table (selected data)
| Month | Opening (₹/10g) | Closing (₹/10g) | High (₹/10g) | Low (₹/10g) |
|---|---|---|---|---|
| May 2026 | ₹1,50,670 | ₹1,57,040 | ₹1,62,340 (May 15) | ₹1,49,170 (May 6) |
| June 2026 | ₹1,57,180 (Jun 1) | ₹1,41,920 (Jun 30) | ₹1,57,180 (Jun 1) | ₹1,41,320 (Jun 26) |
| July 2026 | ₹1,43,790 (Jul 3) | ₹1,44,340 (Jul 31) | ₹1,47,010 (Jul 4) | ₹1,42,520 (Jul 18) |
| August 2026 | ₹1,44,220 (Aug 2) | ₹1,59,280 (Aug 21) | ₹1,59,280 (Aug 21) | ₹1,43,990 (Aug 5) |
All figures in the table are drawn from the posted data on BusinessToday.in for Aurangabad gold rates.
Advice for buyers and traders
Local jewellers said they watch such published daily and monthly rates before fixing retail tags and making‑charge slabs; consumers, particularly those planning purchases for weddings or festivals, often wait for dips before buying. Those managing inventories — from small shop owners on Station Road to established showrooms in CIDCO and Anand Nagar — balance the risk of holding stock against the possibility of a price rise.
For now, Aurangabad's gold market remains sensitive to short‑term swings. Traders and consumers are advised to consult updated local quotes and their jeweller before transacting, using published data as a reference point for negotiating purchases.
