Gold Price Today in India 8 May 2026: Check latest 24K, 22K, 18K and 14K gold rates in India, MCX gold price, city-wise bullion rates and today’s jewellery prices.
Gold prices in India witnessed fresh movement on Friday morning as global tensions and changing market sentiment continued to influence bullion rates. According to the latest market data, the Gold Price Today in India 8 May 2026 has moved higher in both domestic and international markets. Buyers planning to purchase jewellery or invest in gold are closely monitoring the latest 24K, 22K, 18K and 14K gold rates.
The recent rise in prices is mainly linked to increasing geopolitical tensions between Iran and the United States, which have boosted safe-haven demand for gold worldwide.
Gold Price Today in India 8 May 2026
As per the latest bullion market updates, 24-carat gold prices in Delhi have crossed ₹1,56,000 per 10 grams including taxes. Meanwhile, gold futures on the Multi Commodity Exchange (MCX) also traded in the green during early morning sessions.
Latest MCX Gold Rate
- MCX Gold Futures: ₹1,52,465 per 10 grams
- Previous Closing Price: ₹1,52,261 per 10 grams
- Market Gain: ₹204 increase
Experts believe volatility may continue in the bullion market due to global uncertainty and investor demand.
IBJA Gold Rates Today – 8 May 2026
According to the Indian Bullion and Jewellers Association (IBJA), the Gold Price Today in India 8 May 2026 for different purity levels is as follows:
| Gold Purity | Gold Rate Today (Per 10 Gram) |
|---|---|
| 24 Carat Gold | ₹1,51,149 |
| 23 Carat Gold | ₹1,50,544 |
| 22 Carat Gold | ₹1,38,452 |
| 18 Carat Gold | ₹1,13,362 |
| 14 Carat Gold | ₹88,422 |
These prices are indicative market rates and may vary slightly depending on the city, GST, making charges and jeweller margins.
24K, 22K, 18K and 14K Gold Explained
24K Gold
24-carat gold is considered the purest form of gold with 99.9% purity. It is mainly preferred for investment purposes like gold bars and coins.
22K Gold
22-carat gold contains a small percentage of alloy metals, making it more durable for jewellery making. Most Indian jewellery is made using 22K gold.
18K Gold
18K gold is widely used in designer jewellery and diamond ornaments due to its strength and attractive finish.
14K Gold
14K gold is more affordable and commonly used in lightweight and fashionable jewellery collections.
Why Gold Prices Are Rising Today
The Gold Price Today in India 8 May 2026 is witnessing fluctuations because of several important global and domestic factors:
- Rising geopolitical tensions in the Middle East
- Increased safe-haven buying by investors
- Volatility in international financial markets
- Strong demand in the domestic jewellery sector
- Movement in US dollar and bond yields
International spot gold prices also climbed sharply and touched around $4,734 per ounce, supporting the upward momentum in Indian gold markets.
Gold Price in Major Indian Cities Today
Delhi Gold Rate Today
- 24K Gold: Around ₹1,56,000 per 10 grams
Mumbai Gold Rate Today
- Prices remained close to national averages with slight local variation.
Chennai Gold Rate Today
- Gold rates stayed firm due to strong jewellery demand.
Kolkata Gold Rate Today
- Stable buying activity was seen in the bullion market.
Should You Buy Gold Now?
Financial experts suggest that gold remains a strong long-term investment option during uncertain economic conditions. However, due to high volatility, buyers should compare rates carefully before purchasing jewellery or investing in gold assets.
People planning wedding jewellery purchases may consider buying in smaller quantities during price dips.
Tips Before Buying Gold Jewellery
- Always check BIS Hallmark certification
- Compare gold prices across multiple jewellers
- Ask for a proper invoice with GST details
- Understand making charges separately
- Verify gold purity before purchase
The Gold Price Today in India 8 May 2026 continues to remain on the higher side as global tensions support strong investor demand. Whether you are planning to buy jewellery or invest in bullion, keeping track of daily gold prices can help you make smarter financial decisions. Experts expect gold prices to remain volatile in the coming days depending on international market developments.
