LIVE | Gold Price Today: MCX Gold Slips ₹1.54 Lakh, Silver Holds ₹2.50 Lakh as US Jobs Data Strengthens Rate-Hike Bets – Check Latest 24K, 22K, 18K Gold Rate in Delhi, Mumbai, Kerala, Surat & Chennai

Gold Rate Today, 8 September 2026: Gold prices opened the week with an initial fall due to a better-than-expected jobs data in America which changed the outlook towards the interest rate policy of the US Federal Reserve. For India, gold prices fell in 18K, 22K and 24K, but silver was stable in the mentioned domestic market.

The most recent numbers from the US revealed that non-farm payrolls rose to 162,000 in August, significantly better than market estimates of around 53,000-65,000. The unemployment rate remained unchanged at 4.1% while the annual wage growth came in at 3.1%. 

The numbers reinforced the arguments for maintaining tight monetary policy and increased the probability of a rate hike in September to 60%. This is relevant for gold since gold does not earn any interest for the holder of the asset. As yield on bonds and policy rates go up, the cost of holding the precious metal increases however, the gold market is not under the pressure of a single bearish environment.

LIVE Gold Price Today | International Gold Rates

Gold spot prices were last quoted around $4,400 an ounce amid a fall in the precious metal following the US strong jobs numbers. According to Reuters, spot gold was quoted at $4,410.55 an ounce on September 7 while US gold futures for December were quoted at $4,456.40. The international price for silver was around $66 an ounce. 

The next key event will be inflation figures from the US where investors will be keen on the producer and consumer price figures to get hints for the September Federal decision. Gold however started September after a very good August.

LIVE Gold Price Today | Domestic Gold Prices (India) – 8 September 2026

• 24K gold: ₹15,415 per gram nationally; Delhi quoted at ₹15,430 per gram.
• 22K gold: ₹14,130 per gram nationally; Delhi quoted at ₹14,145 per gram.
• 18K gold: ₹11,561 per gram nationally; Delhi quoted at ₹11,576 per gram.
• 24K gold, 10 grams: ₹1,54,150 nationally.
• 22K gold, 10 grams: ₹1,41,300 nationally.
• 18K gold, 10 grams: ₹1,15,610 nationally.
• Delhi 24K gold is down ₹65 per gram from the previous quoted level.
• Delhi 22K gold is down ₹60 per gram.
• Delhi 18K gold is down ₹49 per gram.
• Domestic prices do not represent the final jewellery bill because GST, making charges and other applicable costs can increase the purchase price.

The recent weakness follows a broader correction in international bullion markets as higher US-rate expectations pushed yields and the dollar higher.

18k Gold Price Trend In Delhi Today

The decline is relatively modest in percentage terms, but the rupee value becomes significant for larger purchases.

22k Gold Price Trend In Delhi Today

For jewellery buyers, 22K remains the key reference because it combines relatively high purity with greater durability than 24K bullion.

24k Gold Price Trend In Delhi Today

At ₹15,430 per gram, a 10-gram 24K purchase represents a metal value of ₹1,54,300 before GST and any applicable retail charges.

Gold (GCW00) Price Chart

Gold’s move below or around the $4,400 area has become important for short-term traders. Reuters reported buying interest around $4,400 and resistance near $4,500.

Gold Price Today in Major Cities: 24K, 22K & 18K

City-level differences are relatively small, but taxes, local supply conditions and jeweller-specific pricing can create differences in the final amount paid.

Gold Price Today in Major States: 24K, 22K & 18K

Note: The supplied Chennai data showed a separate 18K quote of ₹11,900, so buyers should verify the 18K local rate before purchase.

Gold Price Today in Major Countries: 24K, 22K, 18K

International retail prices cannot be compared with Indian prices purely by converting currencies. Local taxes, premiums, fabrication costs and market conventions also affect the quoted rate.

Gold Rate in India for Last 10 Days (1 kg)

The table shows how quickly bullion values can move. From August 29 to September 7, the supplied 24K benchmark fell by ₹4.09 lakh per kg, while the 22K benchmark declined by ₹3.75 lakh.

Gold Price Movement in August 2026

According to the World Gold Council, the international price of gold saw a rise of almost 9% during the initial two weeks of August, while the domestic price rose by 7% to ₹1,51,744 per 10 grams as on August 14. This was due to some extent to shifting expectations on monetary policy along with a weaker dollar and gold ETF inflows while the month of August saw a gain of nearly 9.7%.

MCX Performance

• Gold on the MCX was trading below the range of ₹1,52,500 per 10 grams.
• Silver on the MCX was trading below about ₹2,37,500 per kg.
• The near-term support level for gold on the MCX has been identified by market analysts as ₹1,49,000-₹1,47,000.
• The near-term resistance level has been identified as ₹1,55,500-₹1,57,100.
• As far as silver is concerned, its support level is ₹2,31,000-₹2,27,000, while its resistance level is ₹2,43,000-₹2,46,000.
• With the strong employment data in the United States, the probability of a September hike in interest rate rose from 50% to around 60%.
• The MCX market is therefore sitting between two competing forces as higher rates on one side and geopolitical and inflation risks on the other.

Gold & Silver Prediction

• Gold: There is a cautious bias for now as the metal continues to trade amid the pressures of rising US yields and rate hike expectations.
• A sustained hold near $4,400 an ounce may see buyers entering back into the market.
• A breakout above $4,500 will improve the short-term technical outlook.
• In India, the MCX supply side levels see ₹1.49 lakh – ₹1.47 lakh as an important downside zone.
• A breakout above ₹1.55 lakh – ₹1.57 lakh will indicate bullishness again.
• Silver: The metal continues to be more volatile compared to gold and is dependent on investment as well as industrial demand.
• Silver at $66 an ounce internationally makes the market vulnerable to movements in gold, dollar, and industrial expectations.
• The upcoming US inflation figures may be more significant than even a daily price movement.

Key Considerations for Buyers

• Purity must be checked before checking price comparison. Price of 24K cannot be compared with price of 22K jewellery.
• It is better to ask for per gram gold price separate from making charges.
• You have to check that the shown price includes GST or not.
• Compare making charges of minimum two or three jewellers.
• Verify the hallmark and purity certification.
• In case of investment, gold should be compared with alternative such as ETF or other gold backed schemes.
• A large purchase should not be made just because price has been reduced in one or two days.
• Consider the time frame of investment as gold prices react very quickly to US Monetary Policy.

Should You Buy Gold Today Or Hold Back in India?

• For jewellery needed soon: A staggered purchase can make sense rather than waiting for an uncertain bottom.
• For long-term investors: The recent correction may provide an opportunity to add gradually instead of committing the entire amount at once.
• For short-term traders: Caution is warranted while global gold remains sensitive to US inflation and Fed expectations.
• For buyers expecting a sharp fall: Waiting may help if support levels break, but gold can also rebound quickly if geopolitical risks intensify.
• Best middle ground: Divide the intended purchase into several instalments and reassess after major US economic data.
• The decision should ultimately depend on whether the purchase is for consumption, wealth preservation or short-term trading.

Silver Rates Today 8 September, 2026

• Silver: ₹250 per gram.
• 10 grams: ₹2,500.
• 100 grams: ₹25,000.
• 1 kg: ₹2,50,000.
• The quoted Delhi silver rate showed no daily change.
• International silver was around $66 an ounce in the latest market backdrop.
• Silver’s August movement was considerably stronger than its early-September performance in the supplied data, with the metal reaching ₹2,60,000 per kg in Delhi during August.
• Local silver prices can vary between markets because of taxes, premiums, supply conditions and dealer margins.

FAQs: All About Todays Gold Price

1. What is the 24K gold price today in India?

The supplied national benchmark is ₹15,415 per gram, or ₹1,54,150 per 10 grams, before applicable GST and other retail charges.

2. What is today’s 22K gold price in Delhi?

The quoted Delhi rate is ₹14,145 per gram, equivalent to ₹1,41,450 per 10 grams.

3. Why are gold prices falling today?

The immediate pressure comes from stronger US employment data, which has increased expectations of a Federal Reserve rate hike. Higher yields and a firmer dollar generally make non-yielding gold less attractive.

4. Is 22K or 24K gold better for jewellery?

22K is commonly preferred for jewellery because it is more durable, while 24K has higher purity and is more commonly associated with investment-grade bullion.

5. Should investors buy gold after the recent decline?

There is no guaranteed bottom. For investors with a long horizon, spreading purchases over several instalments can reduce the risk of committing all capital immediately before another correction.

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