{
  "id": 1661589,
  "title": "Result of the second Overnight Variable Rate Reverse Repo (VRRR) auction held on August 18, 2026",
  "url": "https://urgent.news/2026/08/18/result-of-the-second-overnight-variable-rate-reverse-repo-vrrr",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T07:34:50.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63394"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Reserve Bank of India held a second Overnight Variable Rate Reverse Repo (VRRR) auction on August 18, 2026. The auction had a notified amount of ₹75,000 crore, but only ₹36,595 crore in offers were received and accepted. The cut-off rate and weighted average rate were both 5.24%.\n\nIn a separate development, gold prices in India increased on August 18, 2026. According to The Indian Express, the price of 24K gold stood at ₹15,589 per gram, up ₹23 from the previous day. Prices for 22K and 18K gold also rose, to ₹14,290 per gram and ₹11,692 per gram, respectively.\n\nGold prices varied slightly across cities, with Chennai, Mumbai, Kolkata, Bangalore, Hyderabad, Pune, and Vadodara reporting prices of ₹15,589 for 24K gold, while Delhi, Ahmedabad reported slightly higher prices of ₹15,604 and ₹15,594 respectively.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "The Indian Express",
        "title": "Gold Rate Today, August 18: Check 18, 22 and 24 carat gold prices in Chennai, Mumbai, Delhi, Kolkata and other cities",
        "url": "https://urgent.news/2026/08/18/gold-rate-today-august-18-check-18-22-and-24-carat-gold-prices-in",
        "published": "2026-08-18T04:58:12.000Z"
      },
      {
        "outlet": "Reserve Bank of India",
        "title": "RBI to conduct Second Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 18, 2026",
        "url": "https://urgent.news/2026/08/18/rbi-to-conduct-second-overnight-variable-rate-reverse-repo-vrrr",
        "published": "2026-08-18T05:24:50.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Gold Rate Today, Aug 18: Gold prices up in Delhi, Mumbai, Kolkata, Bengaluru, Ahmedabad",
        "url": "https://urgent.news/2026/08/18/gold-rate-today-aug-18-gold-prices-up-in-delhi-mumbai-kolkata",
        "published": "2026-08-18T06:30:13.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}