Gold Rate Today (July 8, 2026)
Gold prices in India witnessed a slight correction on July 8, 2026, offering some relief to jewellery buyers after recent highs. Leading jewellery brands including Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas reduced their retail gold prices, while the Indian Bullion and Jewellers Association (IBJA) also reported lower benchmark rates across all major gold purities.
If you are planning to buy gold jewellery or invest in physical gold, here are the latest prices.
Gold Rate Today in India (IBJA Benchmark)
| Gold Purity | Price per Gram | Price per 10 Grams |
|---|---|---|
| 24K (999) | ₹14,414 | ₹1,44,140 |
| 22K (916) | ₹14,068 | ₹1,40,680 |
| 20K | ₹12,829 | ₹1,28,290 |
| 18K | ₹11,675 | ₹1,16,750 |
Source: IBJA Indicative Retail Selling Rates (AM Rates, July 8, 2026).
Gold Jewellery Prices by Leading Brands
| Jewellery Brand | 22K (Per Gram) | 24K (Per Gram) |
|---|---|---|
| Tanishq | ₹13,360 | ₹14,711 |
| Malabar Gold & Diamonds | ₹13,315 | ₹14,662 |
| Kalyan Jewellers | ₹13,315 | ₹14,662* |
| PC Chandra | Varies by showroom | Varies by showroom |
| Gold & Diamonds | Varies by showroom | Varies by showroom |
*Kalyan Jewellers follows the same published retail rates as Malabar in most major cities on July 8, 2026.
City-wise Gold Rate Today (July 8, 2026)
Delhi
| Purity | Tanishq | Malabar/Kalyan |
|---|---|---|
| 22K | ₹13,360/g | ₹13,315/g |
| 24K | ₹14,711/g | ₹14,662/g |
Mumbai
| Purity | Tanishq | Malabar/Kalyan |
|---|---|---|
| 22K | ₹13,360/g | ₹13,315/g |
| 24K | ₹14,711/g | ₹14,662/g |
Kolkata
| Purity | Tanishq | Malabar/Kalyan |
|---|---|---|
| 22K | ₹13,360/g | ₹13,315/g |
| 24K | ₹14,711/g | ₹14,662/g |
Bengaluru
| Purity | Tanishq | Malabar/Kalyan |
|---|---|---|
| 22K | ₹13,360/g | ₹13,315/g |
| 24K | ₹14,711/g | ₹14,662/g |
Hyderabad
| Purity | Tanishq | Malabar/Kalyan |
|---|---|---|
| 22K | ₹13,360/g | ₹13,315/g |
| 24K | ₹14,711/g | ₹14,662/g |
Chennai
| Purity | Tanishq | Malabar/Kalyan |
|---|---|---|
| 22K | ₹13,360/g | ₹13,315/g |
| 24K | ₹14,711/g | ₹14,662/g |
Note: Jewellery prices are updated by brands once or twice daily and may vary slightly by showroom, local taxes, and making charges.
Why Gold Prices Fell Today
Gold prices eased on July 7 following weakness in the international bullion market and fluctuations in the US dollar. According to market experts, changing expectations around US interest rates, global demand, and geopolitical developments continue to influence domestic gold prices.
Factors Affecting Gold Prices
- International spot gold prices
- US Dollar Index
- Rupee-Dollar exchange rate
- RBI monetary policy
- Import duty and GST
- Wedding and festive demand
- Global geopolitical tensions
- Central bank gold purchases
- MCX Gold Futures
Which Gold Purity Should You Buy?
24K Gold
99.9% pure gold, best suited for investment in coins and bars.
22K Gold
91.6% pure gold and the preferred choice for jewellery in India.
20K Gold
Offers a balance between purity and durability and is used in selected jewellery collections.
18K Gold
Contains 75% pure gold and is ideal for diamond, gemstone and designer jewellery.
Tips Before Buying Gold
- Purchase only BIS Hallmarked jewellery.
- Verify the HUID number.
- Compare making charges across brands.
- Check exchange and buyback policies.
- Ask for a detailed invoice.
- Compare prices before making your purchase.
FAQs
What is the 24K gold rate today?
According to IBJA, 24K gold is priced at ₹14,414 per gram (₹1,44,140 per 10 grams), while retail jewellery prices at leading brands are slightly higher.
Why is there a difference between IBJA and jewellery rates?
IBJA publishes benchmark bullion prices. Jewellery brands add making charges, logistics costs, insurance, GST and retail margins.
Which jewellery brand offers the lowest gold rate?
On July 7, 2026, Malabar Gold & Diamonds, Kalyan Jewellers and Joyalukkas quoted slightly lower retail rates than Tanishq for 22K gold.
Should I buy gold today?
If you are planning a long-term investment or purchasing jewellery for weddings or festivals, today’s lower prices may provide a better buying opportunity compared to recent highs. However, always compare making charges and buyback policies before purchasing.
Final Words
Gold prices have softened across major jewellery brands, giving buyers an opportunity to purchase at slightly lower rates. Whether you are buying for investment or jewellery, comparing IBJA benchmark prices with retail rates from Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, PC Chandra and other jewellers can help you make a more informed decision. Since gold prices change daily, bookmark this page for regular updates on the latest 24K, 22K, 20K and 18K gold rates across India.