Gold Rate Today India
22K & 24K Gold Price in India on October 8, 2026
Gold prices in India remained close to the ₹1.5 lakh per 10-gram level on Thursday, October 8, 2026, as investors closely watched international markets, the US dollar, interest-rate expectations and movements in the Indian rupee. According to market reports, the price of 24K gold was around ₹1,49,270 per 10 grams, while 22K gold was around ₹1,36,831 per 10 grams in India.
Gold prices can change several times during the day, so consumers should check the latest rate with their local jeweller before making a purchase.
Gold Rate Today in India
As of the morning of October 8, indicative rates were:
| Gold Purity | Price per 10 grams | Approx. Price per gram |
|---|---|---|
| 24K Gold | ₹1,49,270 | ₹14,927 |
| 22K Gold | ₹1,36,831 | ₹13,683 |
| 18K Gold | Varies by market | Varies |
The above figures represent indicative market rates and can differ between cities, jewellers and retail outlets. Jewellery prices can also be higher because of making charges, taxes and other applicable costs.
Why Are Gold Prices Moving Today?
International gold prices recovered on Thursday after recently touching a two-month low. Reuters reported that spot gold increased around 0.7% to $4,141.09 per ounce, helped by a retreat in the US dollar from its recent 18-month high.
The movement of the US dollar is particularly important for gold because international gold is priced in dollars. When the dollar weakens, gold can become relatively cheaper for buyers using other currencies, potentially supporting demand.
Interest-rate expectations are another major factor. Investors are watching the US Federal Reserve closely because higher interest rates can reduce the appeal of gold, which does not provide regular interest income.
Impact of the Indian Rupee
The Indian rupee is another important factor for domestic gold prices.
The rupee weakened to around ₹96.775 per US dollar on Wednesday, moving close to its reported all-time low of ₹96.96. Higher crude oil prices are adding pressure because India imports a large share of its crude requirements.
A weaker rupee can increase the domestic cost of imported gold even when international gold prices are relatively stable. This means Indian consumers can see gold prices remain elevated because of currency movements.
22K Gold vs 24K Gold
There is an important difference between 22K and 24K gold.
24K gold is the highest-purity form commonly quoted in bullion markets, at approximately 99.9% purity. It is commonly used for investment products such as bars and coins.
22K gold contains approximately 91.6% gold, with other metals added to improve strength and durability. This makes it more suitable for jewellery.
Therefore, jewellery buyers should generally look at the 22K rate rather than assuming that the 24K headline rate is the price they will pay for ornaments.
Why Jewellery Costs More Than the Gold Rate
The gold rate displayed online is generally a base bullion rate. When purchasing jewellery, the final bill can include several additional components.
These may include:
- Gold value
- Making charges
- Design or wastage charges, where applicable
- 3% GST on the value of the metal
- 5% GST on jewellery making charges
The exact invoice depends on the jeweller, design and applicable charges.
For this reason, a customer should not compare only the advertised gold rate. It is better to ask for the complete final price, including making charges and taxes, before purchasing.
Gold Price Outlook
The short-term outlook for gold remains uncertain. International prices are being influenced by several competing factors, including the US dollar, Federal Reserve interest-rate expectations, global economic uncertainty and geopolitical developments.
Reuters reported that gold needs to move above approximately $4,275 per ounce for analysts to become more optimistic about the short-term trend.
In India, the rupee’s performance will also remain important. A further weakening of the rupee could provide support to domestic gold prices, while a stronger rupee could reduce some of the pressure.
Is It a Good Time to Buy Gold?
There is no single answer for every buyer.
People purchasing gold for an upcoming wedding or festival may focus more on their actual requirement than trying to predict the exact market bottom. Investors with a long-term horizon may consider spreading purchases over time instead of putting all their money into gold at one price.
Consumers should also compare prices from multiple jewellers and check the purity, hallmarking, making charges and complete invoice amount before buying.
Gold Buying Tips
Before purchasing gold jewellery, buyers should:
- Check the latest 22K or 24K market rate.
- Confirm the purity and hallmark details.
- Compare making charges between jewellers.
- Ask for a detailed bill.
- Check the final price including GST.
- Avoid making a purchase based only on a promotional headline rate.
- Keep the invoice safely for future resale or exchange.
Final Verdict
Gold remains close to the ₹1.5 lakh per 10 grams level in India, keeping the precious metal firmly in focus for investors and jewellery buyers. On October 8, 2026, indicative rates were around ₹1,49,270 per 10 grams for 24K gold and ₹1,36,831 for 22K gold.
The market is being influenced by international gold prices, the US dollar, US interest-rate expectations, crude oil and the Indian rupee. With gold prices moving rapidly, consumers should treat online rates as indicative and verify the latest local rate before purchasing.
Gold Rate Today – October 8, 2026:
- 24K Gold: ₹1,49,270/10 grams
- 22K Gold: ₹1,36,831/10 grams
- 24K Approx.: ₹14,927/gram
- 22K Approx.: ₹13,683/gram
Gold prices are indicative and may change during the day. Jewellery prices vary by city and jeweller and may include making charges and applicable taxes.