Gold Prices Today, March 8, 2024

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Gold opened on Friday, March 8th, at Rs. 6,025 per gram.

On the occasion of International Women’s Day and also Shivratri, when you go to buy gold be sure to check the prices of the yellow metal in your city. Also, make sure you buy only the gold that is hallmarked as approved by the Bureau of Indian Standards to ensure you get the best quality of gold. The hallmark on a bar of gold also ensures your gold to be legal and pure which is what you pay for. This hallmark will be on all and every gold item no matter its form which means you will find it on rings, neckpieces, as well as vases and coins.

The current gold price in India is Rs. 6,573 per gram for 24 carats of gold, while 22-carat gold stands at Rs. 6,025 per 1 gram as of March 8th, 2024. All rates were revised and updated on March 8th.

Gold Prices For 10 Grams In India as of March 8, 2024

City Standard Gold Rate (22K) Pure Gold Rate (24K)
Ahmedabad ₹ 60,300 ₹ 65,780
Bangalore ₹ 60,250 ₹ 65,730
Chennai ₹ 61,050 ₹ 66,600
Delhi ₹ 60,400 ₹ 65,880
Hyderabad ₹ 60,250 ₹ 65,730
Kolkata ₹ 60,250 ₹ 65,730
Mumbai ₹ 60,250 ₹ 65,730
Pune  ₹ 60,250 ₹ 65,730

If you think the prices of the yellow metal would differ because of the hallmark then you would be wrong since the prices of the gold remain the same with and without the hallmark which means you will be paying the same price as you would for a gold item that does not have a hallmark. What differs between hallmarked and normal gold is the quality of the yellow metal along with its purity. The hallmark ensures the purity of gold by legally binding the seller to sell pure gold to you and not rip you off. The hallmarked gold can be sold anywhere without anyone having to check for its purity which means it will be easier and beneficial for you to buy hallmarked gold and even sell it in case you ever want to. 

And while the hallmarking centers in the country are not up to the demand of the yellow metal it is your responsibility to ensure that you buy hallmarked gold for your portfolio credibility while the govt. Makes plans to increase these centers.

22 Carat Gold Price in India Today

Gram Gold Price
1 gram ₹ 6,025
8 grams ₹ 48,200
10 grams ₹ 60,250
100 grams ₹ 6,02,500

24 Carat Gold Price in India Today

Gram 24K Gold Price
1 gram ₹ 6,573
8 grams ₹ 52,584
10 grams ₹ 65,730
100 grams ₹ 6,57,300

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