Gold Prices Ease to ₹13,800/g on January 8: Latest 24K, 22K and 18K Rates Across India

Gold prices in India staged a recovery in early January after the sharp correction seen toward the end of December, with rates firming up through most of the first week before easing on January 8. After sliding from late-December highs of ₹14,242 per gram for 24K gold on December 27 to ₹14,171 on December 29, prices corrected to ₹13,620 on December 30, ₹13,588 on December 31, and ₹13,506 on January 1. The downtrend, however, reversed soon after, with 24K gold rising to ₹13,620 on January 2, easing slightly to ₹13,582 on January 3, climbing to ₹13,740 on January 5, advancing to ₹13,882 on January 6, and extending gains to ₹13,948 per gram on January 7, before slipping to ₹13,800 on January 8, indicating consolidation after the rebound from New Year lows.

The early-January recovery reflects a return of buying interest after sustained profit booking capped the December rally. While volatility picked up during the year-end transition, prices stabilised and moved higher through most of the first week, suggesting that the sharp correction was absorbed without triggering deeper weakness. Gold continues to trade below its late-December peak, but remains at relatively elevated levels when viewed over a broader timeframe, with the January 8 pullback pointing more to profit booking than a reversal in trend.

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Gold Prices Today in India January 8, 2026

As of 11:05 AM on  January 8, gold rate today across major Indian cities declines compared to the previous session. Below are the latest per-gram prices for 24K, 22K, and 18K gold across key regions:

• Gold Price Today in Mumbai: 24K at ₹13,800, 22K at ₹12,650, 18K at ₹10,350.
• Gold Price Today in Chennai: 24K at ₹13,909, 22K at ₹12,750, 18K at ₹10,640.
• Gold Price Today in Bangalore: 24K at ₹13,800, 22K at ₹12,650, 18K at ₹10,350.
• Gold Price Today in Hyderabad: 24K at ₹13,800, 22K at ₹12,650, 18K at ₹10,350.
• Gold Price Today in Kerala: 24K at ₹13,800, 22K at ₹12,650, 18K at ₹10,350.
• Gold Price Today in Delhi: 24K at ₹13,815, 22K at ₹12,665, 18K at ₹10,365.

Recent Gold Price Movements in India

Here’s a snapshot of how gold prices have moved over the past few days:

• January 8th: 24K at ₹13,800, 22K at ₹12,650, 18K at ₹10,350.
• January 7th: 24K at ₹13,948, 22K at ₹12,785, 18K at ₹10,461.
• January 6th: 24K at ₹13,882, 22K at ₹12,725, 18K at ₹10,412.
• January 5th: 24K at ₹13,740, 22K at ₹12,595, 18K at ₹10,305.  
• January 3rd: 24K at ₹13,582, 22K at ₹12,450, 18K at ₹10,187. 

Gold prices in India extended their rebound through the first week of January after the early-month weakness, before easing on January 8, signalling a pause in the sharp correction seen at the end of December. After easing to ₹13,506 per gram on January 1, 24K gold recovered to ₹13,620 on January 2, softened marginally to ₹13,582 on January 3, then climbed to ₹13,740 on January 5, ₹13,882 on January 6 and ₹13,948 on January 7, before slipping to ₹13,800 on January 8. The rebound follows the steep late-December decline from ₹14,171 on December 29 and ₹14,242 on December 27, suggesting buying interest returned at lower levels despite the latest dip.

The 22K and 18K segments also tracked the recovery before seeing mild profit booking. 22K gold, which had slipped to ₹12,380 on January 1, rose to ₹12,485 on January 2, eased slightly to ₹12,450 on January 3, before strengthening to ₹12,595 on January 5, ₹12,725 on January 6 and ₹12,785 on January 7, then edged lower to ₹12,650 on January 8. Similarly, 18K gold advanced from ₹10,129 on January 1 to ₹10,215 on January 2, ₹10,187 on January 3, ₹10,305 on January 5, ₹10,412 on January 6 and ₹10,461 on January 7, before cooling to ₹10,350 on January 8, reflecting broad-based movement across purity segments.

While the final sessions of December and the opening day of January were marked by aggressive profit booking and heightened volatility, the latest price action indicates that the correction may have run its course in the near term. Gold prices, though still below late-December peaks, have stabilised and moved higher in early January, with the January 8 pullback pointing to consolidation rather than a reversal after the sharp pullback from elevated levels.

Gold Market Outlook

Gold prices in India regained momentum after the initial softness at the start of the year, with the national 24K benchmark rising to ₹13,948 per gram on January 7 from ₹13,506 on January 1, before easing to ₹13,800 on January 8. The move marked a recovery from the sharp pullback seen in the final sessions of December, when prices retreated from ₹14,171 on December 29 and ₹14,242 on December 27. The upward trend through January 2–7 suggests that the early-January dip was driven largely by short-term profit booking rather than a shift in the broader trend.

Other purities mirrored the rebound before seeing mild cooling. 22K gold climbed from ₹12,380 per gram on January 1 to ₹12,785 on January 7, before easing to ₹12,650 on January 8, while 18K gold rose from ₹10,129 to ₹10,461 over the same period, then slipped to ₹10,350. City-wise prices showed modest variation, with Chennai quoting higher rates, while Mumbai, Bangalore, Hyderabad, Kerala and Delhi largely tracked the national average. Despite lingering caution after the December correction, the overall trend points to stabilising sentiment as markets continue to track global bullion cues and currency movements.

Conclusion

Gold prices in India rebounded in the first week of January after weakening at the end of December, with 24K, 22K and 18K gold rising to ₹13,948, ₹12,785 and ₹10,461 per gram, respectively, by January 7, before easing modestly on January 8. The sharp late-December and early-January correction gave way to a steady recovery, reflecting renewed buying interest at lower levels. While prices remain below their recent peaks, broad-based stability across regions continues to support the overall outlook despite near-term volatility.