Gold Price in India Today (8th July 2025) – State-wise 24K & 22K Rates

On Tuesday, 8 July 2025, Indian gold markets maintained a steady tone, with the price of 24-carat gold averaging between ₹9,118 and ₹9,192 per gram, equivalent to ₹91,180 to ₹91,920 per 10 grams. This reflects a continuation of the tight domestic trading range that has defined gold prices in recent sessions. Specifically, gold settled near ₹9,192 per gram by the end of the day, marking a slight increase from the previous session’s ₹9,118 per gram. The price remains well within the broader ₹9,100–₹9,300 per gram range seen since the beginning of July.

Across major metro cities—Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Kolkata, Ahmedabad, Pune, and Kochi—prices remained largely uniform, trading close to ₹9,190 to ₹9,192 per gram for 24-carat purity. Minor variations of ₹10 to ₹20 per gram were observed due to local taxes and retailer premiums. This consistency highlights how national pricing benchmarks continue to drive uniformity across Indian markets.

Globally, the firm position of the U.S. dollar and steady movement in international gold futures have kept investor sentiment cautious, leading to reduced speculative trading. The relatively stable Indian rupee has also contributed to this period of price consolidation. In domestic markets, demand remains subdued in southern states such as Kerala and Tamil Nadu, where jewellers report that customers are deferring purchases in hopes of a potential price drop. However, with the festive and wedding seasons approaching, demand is expected to pick up gradually.

In the 22-carat segment, prices hovered between ₹8,400 and ₹8,500 per gram, maintaining the typical 8–9% discount compared to 24-carat gold. These levels remained consistent across regions.

Looking ahead, analysts expect gold to remain range-bound in the near term, trading between ₹9,100 and ₹9,600 per gram, depending on global economic cues and domestic monetary signals. Long-term forecasts remain optimistic, with some market watchers projecting prices could cross ₹1.10 lakh per 10 grams by year-end due to inflation and geopolitical concerns.

For now, 8 July closed as another day of gold price stability, defined by nationwide uniformity and cautious consumer behavior amid global uncertainties.