Gold Rate Today: Today, on 8 May 2025, there was a slight rise. Gold prices are accelerating due to increasing tension between India and Pakistan and increasing rate of gold in the international market. Yesterday the price of gold rose by Rs 1000. At one time yesterday gold came above Rs 1,00,00, but then correction has come. This morning, on Thursday 8 May, there was a slight rise in the price of gold. The price of 24 carat gold is trading above Rs 99,100 and 22 carat prices above Rs 90,900.
Gold rate in Delhi-Mumbai
On Thursday 8 May 2025, 22 carat gold in Delhi was Rs 90,910 and 24 carat gold was Rs 99,160 per 10 grams. In Mumbai, 22 carat gold is trading at Rs 90,760 and 24 carat gold at Rs 99,010 per 10 grams.
City name | 22 carat gold rate | 24 carat gold rate |
Delhi | 90,910 | 99,160 |
Chennai | 90,760 | 99,010 |
Mumbai | 90,760 | 99,010 |
Kolkata | 90,760 | 99,010 |
Jaipur | 90,910 | 99,160 |
Noida | 90,910 | 99,160 |
Ghaziabad | 90,910 | 99,160 |
Lucknow | 90,910 | 99,160 |
Bangalore | 90,760 | 99,010 |
Patna | 90,760 | 99,010 |
Silver rate
On Thursday 8 May 2025, silver is at Rs 99,100 per kg. Silver has increased today compared to yesterday.
Why gold is getting expensive
There are many major reasons behind the rise in gold prices. Former US President Donald Trump has spoken of imposing heavy taxes on foreign medicines and films, which has increased the concern about trade around the world. In such an environment, investors often choose a safe option and gold finds them the safest. Apart from this, Russia-Ukraine War, the ongoing struggle in West Asia and the increased tension between India and Pakistan are also increasing the demand for gold. Dollar weakness is also a major reason, because when the dollar is weak, investment in gold is considered more beneficial.
How is the price of gold decided?
The price of gold in India varies due to many reasons, such as international market prices, government tax and rupee fluctuations. Gold is not only a means of investment, but also an important part of our traditions and festivals. Especially during marriage and festivals, its demand increases.
Gold Rate Today: Gold at Rs 99,750 in Delhi, gold a few steps away from 1 lakh, know why gain