Gold Rate Today in India: 8 January 2026 - Latest 18, 22 & 24 Carat Gold Prices
Gold prices in India continue to show steady movement today, with the yellow metal remaining an attractive investment option amid global economic uncertainties. The gold rate today across major Indian cities reflects both international market dynamics and local demand patterns.
Today's Gold Rate in India - Quick Overview
| Gold Grade | Per Gram | Per 10 Gram |
|---|---|---|
| 24K Gold | ₹13,826 | ₹1,38,260 |
| 22K Gold | ₹12,674 | ₹1,26,740 |
| 18K Gold | ₹10,370 | ₹1,03,700 |
Gold Rate Today in Major Cities
The gold rate today varies across different cities in India due to factors like transportation costs, local taxes, and demand-supply dynamics. Here's a comprehensive look at current prices across 15 major cities:
| City | 24K Gold (per gram) | 22K Gold (per gram) | Change |
|---|---|---|---|
| Mumbai | ₹14,002 | ₹12,835 | ↓ ₹1 |
| Delhi | ₹14,017 | ₹12,850 | ↓ ₹1 |
| Bangalore | ₹14,002 | ₹12,835 | Stable |
| Chennai | ₹14,062 | ₹12,890 | Stable |
| Kolkata | ₹14,002 | ₹12,835 | Stable |
| Hyderabad | ₹13,826 | ₹12,674 | ↓ ₹1 |
| Pune | ₹13,826 | ₹12,674 | Stable |
| Ahmedabad | ₹13,826 | ₹12,674 | Stable |
| Jaipur | ₹13,826 | ₹12,674 | Stable |
| Lucknow | ₹13,826 | ₹12,674 | Stable |
| Chandigarh | ₹13,826 | ₹12,674 | Stable |
| Patna | ₹13,826 | ₹12,674 | Stable |
| Bhubaneswar | ₹13,826 | ₹12,674 | Stable |
| Coimbatore | ₹13,826 | ₹12,674 | Stable |
| Nagpur | ₹13,826 | ₹12,674 | Stable |
Note: The above gold rates are indicative and do not include GST, TCS and other levies. Contact your local jeweller for exact rates.
Understanding Different Gold Carats
24 Carat Gold Rate Today
24 carat gold represents the purest form of gold available in the market, also known as 999 gold. The gold rate today 24 carat stands at ₹13,826 per gram. This purity level is primarily used for gold coins and bars rather than jewelry, as pure gold is relatively soft for everyday wear.
22 Carat Gold Rate Today
The gold rate today 22 carat is ₹12,674 per gram. Also referred to as 916 gold, this is the most popular choice for jewelry in India. The slight reduction in purity makes it more durable while maintaining a rich golden appearance, making it ideal for ornaments and traditional jewelry pieces.
18 Carat Gold Rate Today
At ₹10,370 per gram, the gold rate today 18 carat offers a more affordable option. This purity level contains 75% gold mixed with other metals, providing increased strength and durability. It's commonly used in modern jewelry designs and fashion pieces.
Latest Gold Price Trends and Market News
Gold prices have witnessed remarkable performance recently, with the precious metal experiencing minimal changes today. The current price movement reflects a slight marginal decrease of ₹1 per gram in 24 carat gold from yesterday's rate of ₹13,827.
Why Gold Prices Are Remaining Elevated
Several key factors are supporting current gold prices:
Geopolitical Tensions: Recent international developments, including heightened tensions in Venezuela and ongoing trade uncertainties, have increased safe-haven demand for gold. Market participants are closely monitoring geopolitical events that traditionally drive investors toward precious metals.
Central Bank Demand: Central banks worldwide continue their gold purchasing activities, though at a slightly moderated pace compared to peak levels. Projections indicate approximately 755 tonnes of central bank purchases expected in 2026, maintaining elevated support for gold prices.
Interest Rate Expectations: Market anticipation of potential Federal Reserve rate adjustments in 2026 is influencing gold sentiment. Lower interest rates typically enhance gold's appeal as a non-yielding asset, with markets currently pricing in two potential rate cuts this year.
Strong 2025 Performance: Gold concluded 2025 with an exceptional 64% annual gain, its strongest performance since 1979. This momentum has carried forward into 2026, with prices sustaining near record levels.
Expert Price Forecasts
Financial institutions maintain bullish outlooks on gold for 2026. Major investment banks project gold could reach $5,000 per ounce by the first quarter of 2026, with long-term forecasts suggesting potential movement toward $6,000 per ounce. These projections are underpinned by expectations of continued central bank buying and robust investor demand.
Factors Affecting Gold Rate Today in India
The gold rate today in India is influenced by multiple interconnected factors:
Global Gold Prices: International gold prices quoted in US dollars directly impact Indian gold rates. Currency exchange rate fluctuations between the Indian rupee and US dollar play a crucial role in determining local prices.
Import Duties and Taxes: India imports a significant portion of its gold requirements. Government-imposed import duties, GST at 3%, and Tax Collected at Source (TCS) regulations collectively affect the final consumer price.
Transportation Costs: Gold prices vary across cities partly due to transportation expenses. Coastal cities like Chennai and Mumbai typically display lower rates compared to inland cities, owing to reduced logistics costs.
Local Demand Dynamics: Regional demand patterns, influenced by cultural preferences, festival seasons, and wedding ceremonies, create price variations. Cities with higher gold consumption often benefit from volume discounts.
Currency Movement: The strength of the Indian rupee against major currencies, particularly the US dollar, directly impacts gold import costs and consequently retail prices.
Investment Perspective on Gold
Gold continues to serve as a reliable wealth preservation tool, particularly during periods of economic volatility. The precious metal offers several advantages for Indian investors:
- Inflation Hedge: Gold traditionally maintains its purchasing power over time, protecting against currency depreciation
- Portfolio Diversification: Adding gold helps balance investment portfolios alongside equities and fixed-income securities
- Cultural Significance: Beyond investment value, gold holds deep-rooted cultural importance in Indian traditions and ceremonies
- Liquidity: Gold can be easily bought or sold through multiple channels, from jewelry stores to digital gold platforms
Current market conditions, characterized by geopolitical uncertainties and expectations of monetary policy adjustments, make gold an attractive consideration for risk-averse investors seeking portfolio stability.
How to Track Gold Rates Effectively
Staying informed about daily gold price movements helps make informed purchase decisions:
- Monitor reputable financial websites and commodity exchanges for real-time updates
- Check prices across multiple jewelers in your city to understand local variations
- Consider seasonal patterns, as gold prices often fluctuate during festival and wedding seasons
- Remember that quoted rates typically exclude making charges, GST, and other levies
- Verify the BIS hallmark certification when purchasing gold jewelry to ensure purity standards
The gold rate today in India reflects the precious metal's continued strength in global markets. With 24 carat gold at ₹13,826 per gram, 22 carat gold at ₹12,674 per gram, and 18 carat gold at ₹10,370 per gram, prices remain stable with minimal changes from previous levels. As market experts project further gains throughout 2026, gold maintains its position as both a valued investment asset and culturally significant commodity for Indian consumers.
Whether you're considering gold for investment purposes, jewelry purchases, or traditional requirements, understanding current price trends and market dynamics helps make informed decisions aligned with your financial goals.
Last Updated: January 8, 2026 | Rates are indicative and subject to change. Contact authorized dealers for accurate pricing including all applicable charges and taxes.
