Gold prices opened the New Year on a positive note in India, offering relief to buyers as rates dipped across major cities. Here’s a clear look at today’s gold prices before you shop.
Gold Price Today in India: New Year Relief for Buyers
The Indian bullion market welcomed the New Year with a pleasant surprise. On Thursday morning, gold prices softened, bringing much-needed relief after recent highs. 22-carat gold dropped by ₹300, while 24-carat gold fell by ₹310 per 10 grams. As a result, buyers planning festive or investment purchases now have a better entry point.
Moreover, this decline has sparked fresh interest among retail buyers. Therefore, checking the latest city-wise rates before purchasing gold makes perfect sense.
8 Grams Gold Price Today in Major Indian Cities
If you prefer buying gold in smaller quantities, here’s a detailed look at the price of 8 grams of gold across key cities. These rates reflect today’s morning update from the bullion market.
| City | 22-Carat Gold (8g) | 24-Carat Gold (8g) |
|---|---|---|
| Delhi | ₹100,440 | ₹105,464 |
| Mumbai | ₹100,040 | ₹105,040 |
| Kolkata | ₹100,840 | ₹104,880 |
| Hyderabad | ₹100,400 | ₹105,424 |
| Bengaluru | ₹100,520 | ₹105,544 |
| Lucknow | ₹100,440 | ₹105,464 |
| Bhopal | ₹100,040 | ₹105,040 |
| Ahmedabad | ₹100,472 | ₹105,496 |
| Vijayawada | ₹100,400 | ₹105,424 |
| Coimbatore | ₹100,400 | ₹105,424 |
Should You Buy Gold Now?
With prices easing at the start of the year, many experts believe this dip offers a good short-term buying opportunity. However, gold prices often fluctuate due to global cues, currency movement, and demand trends. Therefore, buyers should stay updated and compare local rates before finalizing a purchase.
Additionally, remember that making charges and GST can affect the final bill. Always confirm the full cost with your jeweler.
Gold Price Today: FAQs
| Question | Answer |
|---|---|
| Why did gold prices fall today? | Gold prices declined due to softer global trends and profit booking at the start of the New Year. |
| Is this a good time to buy gold? | Yes, the current dip offers a reasonable buying opportunity, especially for long-term investors. |
| Which gold is better: 22-carat or 24-carat? | 24-carat gold is purer and ideal for investment, while 22-carat gold is better for jewelry. |
| Do gold prices vary by city? | Yes, local taxes, demand, and logistics cause slight price differences across cities. |
