Gold prices in India remained stable on Wednesday, with no change recorded in the rates of both 24-carat and 22-carat gold. As of January 8, the price of 24-carat gold stands at Rs 78,870.3 per 10 grams, while 22-carat gold is priced at Rs 72,310.3 per 10 grams.
Despite the stability observed on Wednesday, the market has seen slight fluctuations over the past week. The price of 24-carat gold registered a decline of 0.87% over the last seven days. On a monthly basis, the reduction in gold prices stands at 1.15%, reflecting a downward trend in the broader market.
Analysts predict that gold may continue to see moderate fluctuations in early 2025, with its safe-haven status keeping it in demand among investors amid uncertainties in global markets.
Check gold prices in different cities on January 8, 2024:
| CITY | 22 Carat Gold Rate (Per 10 gm) | 24 Carat Gold Rate (Per 10 gm) |
| Delhi | Rs 72,290 | Rs 78,850 |
| Mumbai | Rs 72,140 | Rs 78,700 |
| Kolkata | Rs 72,140 | Rs 78,700 |
| Chennai | Rs 72,140 | Rs 78,700 |
| Ahmedabad | Rs 72,190 | Rs 78,750 |
| Pune | Rs 72,290 | Rs 78,700 |
| Lucknow | Rs 72,290 | Rs 78,850 |
| Bengaluru | Rs 72,140 | Rs 78,700 |
| Patna | Rs 72,190 | Rs 78,750 |
| Hyderabad | Rs 72,140 | Rs 78,700 |
