Today, July 8th, gold prices across major Indian cities show slight variations, with 24-carat gold generally around ₹9,884 per gram and 22-carat at approximately ₹9,060 per gram.
Understanding Gold’s Value Today
For those looking to buy or invest, 24-carat gold is priced at ₹9,884 per gram nationwide. Meanwhile, 22-carat gold stands at ₹9,060 per gram, and 18-carat gold is available for ₹7,413 per gram.
These rates reflect the current market trends for this precious metal, which has consistently proven to be a valuable asset.
Why Gold Remains a Trusted Investment
Gold has long been considered a safe haven, especially during times of economic uncertainty. Its historical performance as an inflation hedge makes it a preferred choice for many investors.
Over the years, gold has solidified its position as a crucial part of investment portfolios, offering stability and a reliable store of wealth.
City-Wise Gold Rates on July 8th
Gold in Delhi
In Delhi, 18-carat gold is priced at ₹7,425 per gram today, a slight increase from yesterday’s ₹7,384. For 22-carat gold, the rate is ₹9,075 per gram, up from ₹9,025 yesterday.
The premium 24-carat gold in Delhi costs ₹9,899 per gram, compared to ₹9,844 yesterday, showing a minor upward trend.
Gold in Mumbai
Mumbai sees 18-carat gold at ₹7,413 per gram today, a modest rise from ₹7,372 yesterday. The 22-carat variety is available for ₹9,060 per gram, up from ₹9,010.
For 24-carat gold, Mumbai’s rate is ₹9,884 per gram, increasing from ₹9,829 yesterday, mirroring trends in other major cities.
Gold in Bangalore
Bangalore’s gold prices are in line with Mumbai. 18-carat gold is currently ₹7,413 per gram, a small jump from yesterday’s ₹7,373. 22-carat gold is at ₹9,060 per gram, up from ₹9,010.
The purest 24-carat gold is priced at ₹9,884 per gram in Bangalore today, an increase from ₹9,829 yesterday.
Gold in Chennai
Chennai’s gold rates are slightly higher for 18-carat, at ₹7,475 per gram today, compared to ₹7,435 yesterday. However, 22-carat gold matches other cities at ₹9,060 per gram, up from ₹9,010.
Similarly, 24-carat gold in Chennai stands at ₹9,884 per gram, showing an increase from its previous day’s rate of ₹9,829.
Gold in Hyderabad
Hyderabad reports 18-carat gold at ₹7,413 per gram today, a rise from ₹7,372 yesterday. 22-carat gold is priced at ₹9,060 per gram, compared to ₹9,010 yesterday.
The 24-carat gold in Hyderabad is ₹9,884 per gram, also up from ₹9,829 yesterday, indicating a consistent market movement across the southern cities.
- 24-carat gold is largely ₹9,884 per gram across cities today.
- 22-carat gold is typically ₹9,060 per gram.
- 18-carat gold is around ₹7,413 per gram, with some city variations.
- All carat types saw a slight price increase compared to yesterday.
- Gold remains a robust investment and a hedge against inflation.
Monitoring these daily fluctuations is key for both investors and consumers looking to make informed decisions about gold purchases.
