Gold Rate in Kolkata Today, July 8, 2026: Gold Prices Fall for Third Day in a Row 

Kolkata, July 8: Gold prices in Kolkata continued to edge lower on Wednesday, marking the third straight day of declines after the sharp rise seen earlier this month. While prices have eased over the past few sessions, they remain higher than where they began July.

According to the latest rates, 24K gold is priced at ₹14,449 per gram, down ₹77 from the previous day. 22K gold costs ₹13,245 per gram, a decline of ₹70, while 18K gold is selling at ₹10,837 per gram, down ₹57.

The recent decline comes after gold touched its monthly high of ₹14,700 per gram on July 3.

Kolkata Gold Rate Today

Early July Rally Loses Steam

Gold prices moved sharply higher during the first three days of July. On July 1, 24K gold was priced at ₹14,078 per gram. It climbed by ₹300 on July 2 and added another ₹322 on July 3 to touch ₹14,700 per gram.

Since then, the market has taken a breather. Prices slipped on July 4, remained unchanged on July 5, and have now declined for three consecutive sessions.

Even after the recent correction, gold is still trading above its opening level for the month. Compared with July 1, 24K gold is higher by ₹371 per gram, while 22K gold has gained ₹340 per gram.

Investors who want exposure to gold without buying jewellery can also check the list of Gold ETFs in India.

Gold Price in Kolkata Per Gram

How Much Will 10 Grams of 22K Jewellery Cost?

The gold rate isn’t the only cost buyers need to consider. Jewellery purchases also include making charges and GST.

Based on today’s 22K gold price, along with 12% making charges and 3% GST, here’s what the bill could look like:

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

Gold Price Trend Over the Last 10 Days

July 8: ₹14,449 (-₹77)

July 7: ₹14,526 (-₹136)

July 6: ₹14,662 (-₹11)

July 5: ₹14,673 (No change)

July 4: ₹14,673 (-₹27)

July 3: ₹14,700 (+₹322)

July 2: ₹14,378 (+₹300)

July 1: ₹14,078 (-₹126)

June 30: ₹14,204 (+₹11)

June 29: ₹14,193 (-₹202)

The trend shows that most of this month’s gains came during the first three days of July. The declines that followed have been relatively small, suggesting that prices are stabilising rather than reversing sharply.

July Performance So Far

Although prices have fallen over the past few days, both 24K and 22K gold remain more than 2.6% higher than at the beginning of July.

Why Do Gold Prices Change Every Day?

Gold prices are influenced by several factors, including international bullion prices, movements in the rupee against the US dollar, import duties, global economic developments and domestic demand. Changes in any of these can lead to daily fluctuations in retail gold prices across cities, including Kolkata.

Conclusion

Gold prices in Kolkata have eased for the third straight day, but the broader trend for July remains positive. Buyers planning to purchase jewellery may welcome the recent correction, while investors will be watching closely to see whether prices continue to soften or regain momentum in the coming sessions.

Source: goodreturns.in