Gold prices in India continued to climb on Thursday, August 8, 2025, in line with international trends and a weakening rupee. As per current data, 22K gold is priced between ₹9,470 and ₹9,485 per gram across major Indian cities, while 24K gold (999 purity) is hovering around ₹10,331 to ₹10,346 per gram.
The global spot price of gold reached $3,392.86 per troy ounce, highlighting the metal’s growing appeal amid economic uncertainty and inflationary pressures.
India, the world’s second-largest gold consumer, relies heavily on imports, which makes domestic rates sensitive to US dollar fluctuations, import duties, and GST.
Gold Rates in Major Indian Cities (per gram) – August 8, 2025
| City | 22K Gold Price (₹) | 24K Gold Price (₹) |
|---|---|---|
| Delhi | ₹9,485 | ₹10,346 |
| Mumbai | ₹9,470 | ₹10,331 |
| Bengaluru | ₹9,470 | ₹10,331 |
| Chennai | ₹9,470 | ₹10,331 |
| Ahmedabad | ₹9,475 | ₹10,336 |
| Kolkata | ₹9,470 | ₹10,331 |
| Indore | ₹9,475 | ₹10,336 |
| Lucknow | ₹9,485 | ₹10,346 |
Gold Prices in Global Markets (24K per gram) – August 8, 2025
| Country | 24K Gold Price per gram |
|---|---|
| United States | $111 USD |
| Canada | $153.25 CAD |
| UK (England) | £81.34 GBP |
| Dubai (UAE) | AED 401.05 |
| India | ₹10,331 INR |
Why Are Gold Prices Rising?
Experts say that gold continues to act as a safe-haven asset, especially when economic uncertainty, inflation, or global instability increase. In India, the rise is also due to:
- Weaker rupee vs USD
- Higher import duties
- Seasonal demand
- Reduced gold recycling volume
With gold prices trending upward, investors looking for long-term wealth preservation may consider allocating a portion of their portfolio to gold—either through physical bullion or digital gold avenues.
