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July 08: Gold Prices Drop in India – Find the Best 22 Carat Rates in Your City

Luke Meyer by Luke Meyer
July 8, 2024
in News
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July 08: Gold Prices Drop in India – Find the Best 22 Carat Rates in Your City
Gold rate today in India on July 08, 2024. (Representative image)

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 were steady near Rs 73,000 per 10 grams on July 8th, with a premium for 24-carat gold at Rs 73,790 and 22-carat gold at Rs 67,640 per 10 grams.

Additionally, the price of silver was Rs 94,700 per kilogram, indicating a relatively lower value compared to gold.

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 gold prices are greatly influenced by global trends due to its heavy reliance on imported gold. The demand for gold in India rises significantly during festivals and weddings, impacting the domestic prices.

Retail Cost of Gold in India

The retail price of gold in India encompasses various factors beyond just the metal’s value, making it a complex market for consumers to navigate.

Gold holds immense cultural significance in India and is not just a commodity but a symbol of tradition, investment, and prestige.

In a fluctuating market, staying informed about the price and trends of gold is crucial for investors and traders looking to make informed decisions.

Namit Singh Sengar

Namit writes on personal finance, economy and brands. Currently contributing to News18.com as a Senior Sub Editor in the business vertical. Prior to t…Read More
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Luke Meyer

Luke Meyer

Luke Meyer stands as a distinguished expert in gold investing, committed to delivering top-tier information on gold prices to investors. With a rich background in the financial sector, Luke possesses a profound grasp of the gold market dynamics. His expertise isn't limited to market analysis; it also encompasses understanding economic trends and their influence on gold prices. At GoldPrices.org, he aims to offer precise and current insights, guiding investors to make informed choices. Luke's clear, engaging writing and rigorous research make him an authoritative source for anyone keen on understanding gold investing.

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