Gold gets costlier on August 8: Check 24K, 22K and 18K rates across cities
Gold prices moved slightly higher on August 8, with all three major purity categories recording gains compared with August 7. 24K gold increased by ₹16 per gram to ₹14,990, while 22K gold rose by ₹15 to ₹13,741. Meanwhile, 18K gold gained ₹12, taking its price to ₹11,243 per gram. With gold remaining close to its recent high levels, buyers may want to keep an eye on daily price changes before making major purchases.
| Purity | Price (Per Gram) |
| 24K Gold (99.9% purity) | ₹14,990 |
| 22K Gold (91.6% purity) | ₹13,741 |
| 18K Gold (75% purity) | ₹11,243 |
City-wise gold rate (1 gram)
| Cities | 24 Carat | 22 Carat | 18 Carat |
|---|---|---|---|
| Chennai | ₹14,999 | ₹13,749 | ₹11,564 |
| Mumbai | ₹14,990 | ₹13,741 | ₹11,243 |
| Delhi | ₹15,005 | ₹13,756 | ₹11,258 |
| Kolkata | ₹14,990 | ₹13,741 | ₹11,243 |
| Bangalore | ₹14,990 | ₹13,741 | ₹11,243 |
| Hyderabad | ₹14,990 | ₹13,741 | ₹11,243 |
| Thiruvananthapuram | ₹14,990 | ₹13,741 | ₹11,243 |
City-wise silver rate
| City | (10 grams) | (100 grams) | (1 kg) |
| Chennai | ₹2,499 | ₹24,990 | ₹2,49,900 |
| Mumbai | ₹2,399 | ₹23,990 | ₹2,39,900 |
| Delhi | ₹2,399 | ₹23,990 | ₹2,39,900 |
| Kolkata | ₹2,399 | ₹23,990 | ₹2,39,900 |
| Bangalore | ₹2,399 | ₹23,990 | ₹2,39,900 |
| Hyderabad | ₹2,499 | ₹24,990 | ₹2,49,900 |
| Kerala | ₹2,499 | ₹24,990 | ₹2,49,900 |
Why checking today's gold rate matters
Checking the latest gold rate is important before making a purchase, especially as gold prices can change from day to day. Even a small movement in the per-gram price can make a noticeable difference when buying larger quantities.
Gold rates can also vary between jewellers because of factors such as making charges, wastage charges and other applicable costs. While the base gold price may be similar across jewellers in a city, the final price of jewellery can differ significantly. Comparing rates and additional charges from multiple jewellers can therefore help buyers make a more informed decision.
How much is one tola of gold?
Although gold is now commonly bought and sold by the gram, tola remains a traditional unit of measurement that is still used in some markets.
One tola of gold is approximately 11.66 grams. To calculate the approximate value of one tola, multiply the current price per gram by 11.66.
For example, if the gold rate is ₹10,000 per gram, one tola would be worth approximately ₹1,16,600, before adding any applicable making charges, taxes or other costs.
Since gold rates fluctuate regularly, the value of one tola also changes with the prevailing market price.