Gold Rates Today (July 8): Check Prices in Delhi, Mumbai & More

Gold Prices Today: Rates Rise Across Indian Cities Amid Market Uncertainty

India, the world’s second-largest consumer of gold after China, meets the bulk of its gold demand through imports, with a smaller portion coming from recycled sources. As gold is globally traded in US dollars, fluctuations in the USD-INR exchange rate have a direct impact on domestic prices.

In addition to global factors, import duties, GST, and local levies contribute significantly to the final retail price of gold in India. While gold is traditionally seen as a safe-haven asset and a hedge against inflation, its price is also influenced by global bond yields and broader economic trends, making India’s gold market both sensitive and volatile.

🔔 Gold Prices Today in 10 Major Indian Cities (per gram)

City 22-Karat Gold 24-Karat Gold (999)

Delhi ₹9,075 ₹9,899

Chennai ₹9,060 ₹9,884

Bengaluru ₹9,060 ₹9,884

Mumbai ₹9,060 ₹9,884

Pune ₹9,060 ₹9,884

Kolkata ₹9,060 ₹9,884

Ahmedabad ₹9,065 ₹9,889

Hyderabad ₹9,060 ₹9,884

Indore ₹9,065 ₹9,889

Lucknow ₹9,075 ₹9,899

Despite price variations across cities, gold rates have largely trended upward, reinforcing the metal’s long-standing reputation as a reliable store of value. Amid persistent economic uncertainty and market volatility, gold remains a preferred investment option for Indian households and investors looking for stability and security.