Gold price today (June 8) in India: 24K gold down ₹104, silver falls ₹5; Check city-wise rates

Gold prices in India moved lower on June 8, with rates declining across all major purity categories amid weakness in the precious metals market. Silver prices also registered a fall, offering some relief to jewellery buyers and investors tracking daily bullion movements.

According to the latest market rates, 24-karat gold is priced at ₹15,169 per gram, down ₹104 from the previous session. Meanwhile, 22-karat gold fell by ₹95 to ₹13,905 per gram, while 18-karat gold declined by ₹78 to ₹11,377 per gram.

The latest decline comes as gold continues to react to movements in global bullion markets and currency fluctuations. 

Latest Gold Prices in India

24K Gold: ₹15,169 per gram (down ₹104)

22K Gold: ₹13,905 per gram (down ₹95)

18K Gold: ₹11,377 per gram (down ₹78)

Gold Rate Today in Major Cities

Gold prices varied slightly across cities due to local taxes, logistics costs and market conditions.

Chennai reported the highest rates among major markets, with 24K gold priced at ₹15,349 per gram and 22K gold at ₹14,070 per gram.

In Mumbai, Kolkata, Bengaluru, Hyderabad, Kerala and Pune, 24K gold was available at ₹15,169 per gram, while 22K gold was priced at ₹13,905 per gram.

Delhi recorded 24K gold at ₹15,184 per gram and 22K gold at ₹13,920 per gram. In Ahmedabad and Vadodara, 24K gold stood at ₹15,174 per gram and 22K gold at ₹13,910 per gram.

Silver Price Today

Silver prices also eased on June 8.

The metal is currently priced at ₹260 per gram, reflecting a decline of ₹5 from the previous day. On a larger scale, silver is trading at ₹2,60,000 per kilogram, down ₹5,000.

Silver Rates in Major Cities

Silver prices remained largely uniform across most cities.

Mumbai, Delhi, Kolkata, Bengaluru, Pune, Ahmedabad and Vadodara reported silver at ₹2,600 per 10 grams, ₹26,000 per 100 grams and ₹2,60,000 per kilogram.

Chennai, Hyderabad and Kerala continued to trade at a premium, with silver priced at ₹2,700 per 10 grams, ₹27,000 per 100 grams and ₹2,70,000 per kilogram.

Why gold and silver prices change daily

Domestic bullion prices are influenced by several factors, including international gold and silver rates, fluctuations in the rupee-dollar exchange rate, central bank policies and investor sentiment.

Silver prices are particularly sensitive to both industrial demand and global market trends. A weaker rupee can make imported precious metals more expensive even when international prices remain stable.

Market participants are expected to keep a close watch on global economic developments and currency movements, which could determine the next direction for gold and silver prices in the coming sessions.