Gold Rate in Kolkata Today, August 7, 2026: Gold Inches Higher, Extends Winning Streak

Kolkata, August 7: Gold prices in Kolkata traded higher, although Friday’s gains were far smaller than the sharp jump seen over the previous two sessions. Retail rates continued to edge higher across all purity categories, taking 24-karat gold to ₹14,989 per gram, just shy of the ₹15,000 mark.

According to today’s retail rates, 24-karat gold is priced at ₹14,989 per gram, up ₹16 from Thursday. 22-karat gold has risen by ₹15 to ₹13,740 per gram, while 18-karat gold is now selling at ₹11,242 per gram, up ₹12.

The day’s increase may look small on paper, but it tells a bigger story. After the sharp recovery earlier this week, gold has managed to hold on to those gains instead of slipping back, suggesting the recent rally still has support.

Kolkata Gold Rate Today

Buyers Haven’t Stepped Away Yet

If the past few days have shown anything, it’s that gold buyers are still willing to pay higher prices.

After a brief dip earlier this month, the market bounced back quickly, adding more than ₹580 per gram in just three trading sessions. Friday’s gain wasn’t dramatic, but the fact that prices continued to edge higher instead of flattening out suggests demand hasn’t weakened.

For anyone who delayed buying in the hope of another correction, that opportunity is becoming harder to find. Gold has recovered almost everything it lost earlier in the month and is now trading close to its recent highs.

Gold Price in Kolkata Per Gram

What Would 10 Grams of 22K Jewellery Cost Today?

The quoted gold price reflects only the value of the metal. The amount paid at the jewellery store also includes making charges and GST.

Based on today’s rate, assuming 12% making charges and 3% GST, here’s an estimate:

The final bill may vary depending on the jeweller, jewellery design, wastage charges and applicable making charges.

10-Day Gold Price Trend

The trend over the past 10 days highlights how quickly sentiment has changed. Gold was largely range-bound at the beginning of August before a strong two-day rally changed the picture completely. Friday’s smaller increase suggests the pace has cooled, but not the optimism. Prices continue to trade near their highest level of the month, with no meaningful pullback so far.

August Performance So Far

Gold’s performance this month has been shaped by a quick turnaround. The weakness seen during the opening sessions didn’t last long, with buyers returning strongly and lifting prices to fresh monthly highs within days. As things stand, the early-August dip has been almost completely erased.

Invest in Gold ETF on HDFC Sky

For investors who want to invest in gold but don’t want to handle the storage or purity issues, Gold Exchange Traded Funds (ETFs) offer a simple way to get involved. These funds usually hold gold that is about 99.5% pure, which makes it trustworthy for investors. To start investing in Gold ETFs, you need a demat and trading account, which is already used by many people who trade in stocks. On HDFC Sky  investors can buy ETFs quickly and easily.

Explore Gold ETFs: https://hdfcsky.com/etf/gold-etf

Why Do Gold Prices Change Every Day?

Gold prices are influenced by far more than local jewellery demand. Global bullion prices, the rupee’s movement against the US dollar, inflation expectations, central bank decisions, import duties and geopolitical developments all affect domestic rates.

Since these factors change almost every day, gold prices are revised frequently—even when demand at local jewellery stores remains largely unchanged.

Conclusion

Gold prices in Kolkata continued their upward march on Friday, with 24K gold rising to ₹14,989 per gram and 22K gold reaching ₹13,740 per gram. While the latest increase was modest, it reinforced the market’s recent strength, with prices holding close to monthly highs after a sharp recovery earlier this week. Whether gold pushes past the ₹15,000 mark in the coming sessions will depend on global bullion trends, currency movements and investor sentiment.

Source:

• Goodreturns | Gold prices updated for August 7, 2026.