Gold rate today in India on July 08, 2024. (Representative image)
Gold rate today: Check 22 and 24 carat prices in different Indian cities on July 08, 2024
Gold Rate Today In India: Gold prices in India glittered near Rs 73,000 per 10 grams on July 8th. This price reflects a premium for purer gold, with 24-carat, the highest purity, reaching Rs 73,790 per 10 grams. For those looking for jewellery, 22-carat gold, which is more durable due to a slight mix of alloys, was priced at Rs 67,640 per 10 grams.
Meanwhile, silver’s price stood at Rs 94,700 per kilogram.
Gold rate today in India: Retail gold price on July 08
Check gold rates today in different cities on July 08, 2024; (In Rs/10 grams)
| City | 22 Carat Gold Rate Today | 24 Carat Gold Rate Today |
| Delhi | 67,790 | 73,940 |
| Mumbai | 67,640 | 73,790 |
| Ahmedabad | 67,690 | 73,840 |
| Chennai | 68,190 | 74,390 |
| Kolkata | 67,640 | 73,790 |
| Gurugram | 67,790 | 73,940 |
| Lucknow | 67,790 | 73,940 |
| Bengaluru | 67,640 | 73,790 |
| Jaipur | 67,790 | 73,940 |
| Patna | 67,690 | 73,840 |
| Bhubaneshwar | 67,640 | 73,790 |
| Hyderabad | 67,640 | 73,790 |
India’s reliance on imported gold largely influences domestic prices, which closely mirror global trends. Additionally, the cultural importance of gold in India, particularly during festivals and weddings, can impact demand levels.
Retail Cost of Gold in India
The retail price of gold in India, reflecting the final cost per unit weight for consumers, is influenced by various factors beyond the metal’s intrinsic value.
Gold holds immense cultural importance in India, serving as a major investment and playing a crucial role in traditional weddings and festivals.
Amid ongoing market fluctuations, investors and traders closely monitor these dynamics. Stay tuned for further updates on this evolving story.
