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Gold rate today in India on April 8, 2024: India is the largest importer of gold, which mainly caters to the demand of the jewellery industry. (Representative image)
Gold rate today in India: Know retail gold price trends on April 08
Gold Rate Today In India: Gold prices in India increased on April 8th, despite a week of fluctuating trends. The base price for 10 grams of gold stayed around Rs 71,000. On average, 10 grams of 24-carat gold cost approximately Rs 71,280, while 22-carat gold averaged around Rs 65,340.
Investors and traders kept a close eye on these developments amidst the continuing market fluctuations. Stay tuned for more updates on this unfolding narrative.
Concurrently, the silver market exhibited an upward trajectory, trending to Rs 83,400 per kilogram.
Gold rate today in India: Retail gold price on April 08
Gold Rate Today In Delhi
As of April 08, 2024, the price of 10 grams of 22-carat gold in Delhi is approximately Rs 65,490, while the rate for 10 grams of 24-carat gold stands at roughly Rs 71,430.
Gold Rate Today In Mumbai
Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 65,340, while the equivalent amount of 24-carat gold is valued at Rs 71,280.
Gold Rate Today In Ahmedabad
In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 65,390, and for the same amount of 24-carat gold, it’s Rs 71,330.
Check gold rates today in different cities on April 08, 2024; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24-Carat Gold Price |
| Chennai | 66,140 | 72,150 |
| Kolkata | 65,340 | 71,280 |
| Gurugram | 65,490 | 71,430 |
| Lucknow | 65,490 | 71,430 |
| Bengaluru | 65,340 | 71,280 |
| Jaipur | 65,490 | 71,430 |
| Patna | 65,390 | 71,330 |
| Bhubaneshwar | 65,340 | 71,280 |
| Hyderabad | 65,340 | 71,280 |
Multi Commodity Exchange
On April 08, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on June 5, 2024. These contracts were priced at Rs 70,985 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 81,752 on the MCX.
Retail Cost of Gold
The gold price in India, often referred to as the retail gold price, reflects the final cost per unit weight paid by consumers when purchasing gold. This price is influenced by numerous factors beyond the inherent value of the metal.
Gold carries great significance in India because of its cultural importance, its role as a valuable investment, and its traditional connection with weddings and festivals.
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