Gold Prices Climb to ₹15,268 on May 8: Latest 24K, 22K and 18K Rates Across Major Cities
Last Updated: 8th May 2026 - 11:18 am
Gold prices in India rebounded further to ₹15,268 on May 8 after recovering from the recent low of ₹14,918 on May 5. The 24K rate had risen to ₹15,131 on May 6 and ₹15,246 on May 7, signalling strengthening momentum following the correction phase. Earlier, prices had eased to ₹15,066 on April 30 after slipping from ₹15,300 on April 28 and ₹15,137 on April 29, reflecting sustained volatility after the strong rally seen earlier in April.
Before the correction, prices had climbed sharply from ₹15,148 on April 9 to ₹15,300 on April 10, before rising further to ₹15,535 on April 15 and peaking at ₹15,577 on April 16. Profit booking then emerged, with prices easing to ₹15,420 on April 17 and stabilising around ₹15,529 on April 20–21 before the broader pullback set in.
Despite the recent rebound, gold prices continue to remain volatile and sensitive to shifts in global sentiment, currency movements, and broader market trends.
Gold Prices Today in India May 7, 2026
On May 7th, gold rate today across major Indian cities decline 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 ₹15,268, 22K at ₹13,995, 18K at ₹11,451.
- Gold Price Today in Chennai: 24K at ₹15,384, 22K at ₹14,102, 18K at ₹11,772.
- Gold Price Today in Bangalore: 24K at ₹15,268, 22K at ₹13,995, 18K at ₹11,451.
- Gold Price Today in Hyderabad: 24K at ₹15,268, 22K at ₹13,995, 18K at ₹11,451.
- Gold Price Today in Kerala: 24K at ₹15,268, 22K at ₹13,995, 18K at ₹11,451.
- Gold Price Today in Delhi: 24K at ₹15,288, 22K at ₹14,010, 18K at ₹11,466.
Recent Gold Price Movements in India
Here’s a snapshot of how gold prices have moved over the past few days:
- May 8th: 24K at ₹15,268, 22K at ₹13,995, 18K at ₹11,451.
- May 7th: 24K at ₹15,246, 22K at ₹13,975, 18K at ₹11,434.
- May 6th: 24K at ₹15,131, 22K at ₹13,870, 18K at ₹11,348.
- May 5th: 24K at ₹14,918, 22K at ₹13,675, 18K at ₹11,189.
- May 4th: 24K at ₹15,093, 22K at ₹13,835, 18K at ₹11,320.
Gold prices in India remained volatile through late April and early May. After peaking at ₹15,577 on April 16, 24K gold corrected sharply, falling to ₹15,066 on April 30 and ₹14,918 on May 5, before rebounding to ₹15,131 on May 6, ₹15,246 on May 7, and further to ₹15,268 on May 8, signalling continued recovery and strengthening momentum.
Similarly, 22K gold declined from ₹14,260 in mid-April to ₹13,675 on May 5, before recovering to ₹13,870 on May 6, ₹13,975 on May 7, and ₹13,995 on May 8.
The 18K rate followed the same trend, easing from ₹11,668 in mid-April to ₹11,189 on May 5, before rebounding to ₹11,348 on May 6, ₹11,434 on May 7, and further to ₹11,451 on May 8, reflecting sustained recovery across all gold categories.
Gold Market Outlook
Gold prices in India remain volatile, though the recent rebound continues to strengthen. After slipping to ₹14,918 on May 5, 24K gold recovered to ₹15,131 on May 6, ₹15,246 on May 7, and further to ₹15,268 on May 8, signalling improving momentum after the recent correction. Chennai and Delhi continue to trade at a premium, while the broader trend points to gradual recovery after weakness seen in late April.
Conclusion
As of May 8, gold prices across most major cities stand at around ₹15,268 per gram for 24K, ₹13,995 for 22K, and ₹11,451 for 18K. Chennai remains the highest-priced market with 24K gold at ₹15,384, followed by Delhi at ₹15,288.
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