Hey there! If you’ve been eyeing that beautiful gold necklace or considering selling some old jewelry, today’s gold and silver rates might just sway your decision. Prices have shifted slightly since yesterday—some good news if you’re looking to buy!
Gold Prices Drop Slightly—Here’s What You’ll Pay Today
Wondering if it’s the right time to buy? Today, 24-karat gold is a bit cheaper than yesterday:
- 24K Gold: ₹98,280 per 10 grams (down by ₹540!)
- 22K Gold: ₹90,090 per 10 grams
- 18K Gold: ₹73,710 per 10 grams
Silver, on the other hand, is holding steady at ₹1,09,900 per kilo.
City-Wise Gold Rates (July 8, 2025)
Prices vary slightly across cities due to local taxes and making charges. Here’s a quick snapshot:
| City | 24K (10g) | 22K (10g) | 18K (10g) |
|---|---|---|---|
| Delhi | ₹98,430 | ₹90,240 | ₹73,830 |
| Mumbai | ₹98,280 | ₹90,090 | ₹73,710 |
| Chennai | ₹98,280 | ₹90,090 | ₹74,340 |
| Kolkata | ₹98,280 | ₹90,090 | ₹73,710 |
| Bangalore | ₹98,280 | ₹90,090 | ₹73,710 |
Silver Rates Holding Steady
Planning to invest in silver? No major changes today—₹1,09,900 per kilo in most cities, including:
- Delhi
- Mumbai
- Bangalore
- Hyderabad
- Chennai
Why Do Gold & Silver Prices Change Daily?
Ever wondered why prices jump around? Here’s the deal:
- Global market trends (especially US dollar rates)
- Demand spikes (festivals, weddings)
- Rupee-Dollar exchange rates
- Supply chain fluctuations
FAQs
- Is today a good day to buy gold?
Prices dropped slightly—so if you’ve been waiting, this could be a decent time! - Why is silver cheaper than gold?
Silver is more abundant and has industrial uses, keeping prices lower than gold’s luxury demand. - Should I check local jewelers or online rates?
Both! Online rates give a baseline, but local shops add making charges and GST. - Will prices drop further?
Hard to predict—keep an eye on global trends and rupee strength.
