Gold Price Today, October 8, 2026: Rates Steady After Wednesday’s ₹550 Jump

New Delhi, Oct 8: Gold prices in India were steady on Thursday, with 24 karat gold (99.9% purity) at ₹14,957 per gram in most cities, 22 karat (91.6% purity) at ₹13,710 per gram and 18 karat at ₹11,218 per gram, according to Goodreturns.in.  

These rates are the same as on Wednesday, so there is no change in any of the three purities, i.e., a 0 per cent move. On a 10-gram basis, 24K gold is quoted at ₹1,49,570, 22K at ₹1,37,100 and 18K at ₹1,12,180 in the Mumbai cluster of cities. 

At ₹1,49,570 per 10 grams, the 24K rate remains ₹390 above Monday’s level of ₹1,49,180. Gold prices in India track international bullion rates and the dollar-rupee exchange rate, so a flat reading means that overnight global cues and the currency did not push the rate in either direction. The broader equity market was weaker in early trade, with the Nifty 50 at 22,446.00 around 10:20 am, down 0.69 per cent, while gold held its ground. 

The city-wise pattern is unchanged as well. Delhi has the highest 24K rate at ₹14,970 per gram, a ₹13 premium over the Mumbai-Kolkata-Bangalore-Hyderabad-Kerala-Pune cluster at ₹14,957. Vadodara and Ahmedabad are at ₹14,960, a premium of ₹3. In 18K gold, Chennai stands at ₹11,265 per gram, a gap of ₹47 over the Mumbai cluster at ₹11,218. 

City-Wise Gold Rates: Today vs Wednesday 

The tables below set Wednesday’s (Oct 7) 10-gram gold rates for ten major Indian cities against Thursday’s (Oct 8) rates, along with the change over the period. None of the ten cities showed a change in any of the three purities. 

24K Gold: 10 Major Cities (per 10 grams) 

City	Wed, Oct 7	Thu, Oct 8	Diff
Chennai	₹1,49,570	₹1,49,570	₹0
Mumbai	₹1,49,570	₹1,49,570	₹0
Delhi	₹1,49,700	₹1,49,700	₹0
Kolkata	₹1,49,570	₹1,49,570	₹0
Bangalore	₹1,49,570	₹1,49,570	₹0
Hyderabad	₹1,49,570	₹1,49,570	₹0
Kerala	₹1,49,570	₹1,49,570	₹0
Pune	₹1,49,570	₹1,49,570	₹0
Vadodara	₹1,49,600	₹1,49,600	₹0
Ahmedabad	₹1,49,600	₹1,49,600	₹0

22K Gold: 10 Major Cities (per 10 grams) 

City	Wed, Oct 7	Thu, Oct 8	Diff
Chennai	₹1,37,100	₹1,37,100	₹0
Mumbai	₹1,37,100	₹1,37,100	₹0
Delhi	₹1,37,250	₹1,37,250	₹0
Kolkata	₹1,37,100	₹1,37,100	₹0
Bangalore	₹1,37,100	₹1,37,100	₹0
Hyderabad	₹1,37,100	₹1,37,100	₹0
Kerala	₹1,37,100	₹1,37,100	₹0
Pune	₹1,37,100	₹1,37,100	₹0
Vadodara	₹1,37,150	₹1,37,150	₹0
Ahmedabad	₹1,37,150	₹1,37,150	₹0

18K Gold: 10 Major Cities (per 10 grams) 

City	Wed, Oct 7	Thu, Oct 8	Diff
Chennai	₹1,12,650	₹1,12,650	₹0
Mumbai	₹1,12,180	₹1,12,180	₹0
Delhi	₹1,12,330	₹1,12,330	₹0
Kolkata	₹1,12,180	₹1,12,180	₹0
Bangalore	₹1,12,180	₹1,12,180	₹0
Hyderabad	₹1,12,180	₹1,12,180	₹0
Kerala	₹1,12,180	₹1,12,180	₹0
Pune	₹1,12,180	₹1,12,180	₹0
Vadodara	₹1,12,230	₹1,12,230	₹0
Ahmedabad	₹1,12,230	₹1,12,230	₹0

Source: Goodreturns.in 

Every row in the three tables shows a difference of ₹0, which means the rates for 24K, 22K and 18K gold in all ten cities are the same on Thursday as on Wednesday. Compared with Monday, all three purities are still higher in every one of the ten cities. 

Keep in mind that these are bullion rates. Jewellery will cost more than these rates because you will have to pay making charges, wastage charges and 3% GST on the value of the gold. If you want to invest in gold but do not want to worry about storing it or its purity, you can consider gold ETFs. These ETFs track gold prices and do not require you to physically own the metal. These are indicative prices, so please check with your nearest jeweller or dealer for the final rate before making a purchase. 

With the festive season approaching and Navratri, Dussehra, Dhanteras and Diwali still to come, buyers will be watching whether the rate holds at current levels or moves again. At ₹14,957 per gram, 50 grams of 24K gold costs ₹7,47,850 and 100 grams costs ₹14,95,700 before making charges and GST. 

Jewellery Stocks Today 

Jewellery stocks listed on the stock exchange were mixed in early trade on Thursday. With the Nifty 50 trading around the 22,446 level and down 0.69 per cent, PC Jeweller topped the list of gainers, followed by Thangamayil Jewellery and Titan Company. Kalyan Jewellers India was the only counter in the red. 

Company	Ticker	Price	Change
Titan Company	TITAN	₹4,426.80	+₹49.80 (+1.14%)
Kalyan Jewellers India	KALYANKJIL	₹565.20	-₹3.80 (-0.67%)
Thangamayil Jewellery	THANGAMAYL	₹4,867.50	+₹64.50 (+1.34%)
PC Jeweller	PCJEWELLER	₹13.66	+₹0.52 (+3.96%)

Source: NSE market data 

PC Jeweller was the top performer on Thursday. It opened at ₹13.49 against the previous closing price of ₹13.14, a gap-up of about 2.7 per cent, and touched a low of ₹13.42 in the first few minutes. It then rose to a high of ₹13.92 within the first half hour. It is currently trading at ₹13.66, up 3.96 per cent and below its volume-weighted average price (VWAP) of ₹13.67. 

Thangamayil Jewellery opened at ₹4,840.00 against a previous close of ₹4,803.00 and touched a low of ₹4,786.00 shortly after. It then swung through the morning and rose to a high of ₹4,903.50, a gain of about 2.1 per cent over the previous close. It is currently trading at ₹4,867.50, up 1.34 per cent and above its VWAP of ₹4,864.18. 

Titan Company opened at ₹4,380.00 against a previous close of ₹4,377.00 and slipped to a low of ₹4,367.80. It then recovered and climbed to a high of ₹4,440.00 toward the end of the period. It is currently trading at ₹4,426.80, up 1.14 per cent and above its VWAP of ₹4,401.01. 

Kalyan Jewellers India was the only counter in the red. The stock opened at ₹571.80 against a previous close of ₹569.00 and touched a high of ₹573.00 in the first few minutes. It then slid to a low of ₹562.65. It is currently trading at ₹565.20, down 0.67 per cent and below its VWAP of ₹567.26. 

Titan Company, Thangamayil Jewellery and PC Jeweller were trading in the green even as the Nifty 50 fell 0.69 per cent. Compared with late-morning levels on Wednesday, Titan Company is up ₹39.20 or 0.89 per cent from ₹4,387.60, Thangamayil Jewellery by ₹42.50 or 0.88 per cent from ₹4,825.00, and PC Jeweller by ₹0.57 or 4.35 per cent from ₹13.09. Kalyan Jewellers is down ₹4.85 or 0.85 per cent from ₹570.05. 

Order book data showed selling pressure on three of the four counters. Thangamayil Jewellery had 76.87 per cent of its total quantity on the sell side, with 10,647 shares against 3,204 on the buy side. PC Jeweller was next at 61.61 per cent. Sell orders made up 55.42 per cent of total quantity on Kalyan Jewellers India. Titan Company was the only counter where buyers had the edge, at 51.66 per cent, or 74,864 shares against 70,044. 

Gold ETFs in India are an option for investors who want to invest in gold without buying the physical metal. Click here to know more: https://hdfcsky.com/etf/gold-etf 

Source

• Goodreturns.in
• NSE market data
• Rates are indicative and subject to change; confirm with your local dealer before purchase.