Gold Rates Today (08.06.2026) Crashes Again; Gold Dropped By Rs 61,100 In Chennai; Hyderabad Gold Drops Too

Gold rates in India crashed steeply on June 8, 2026, entering the week on a bearish note. However, among cities, gold fell the most in Chennai by Rs 14,200 in 100 grams of 24 carat on Monday alone. But gold has been falling significantly for the past 10 days, with the 24 carat gold rate in India falling by Rs 60,000 in 100 grams and Rs 6,000 in 10 grams. But in Chennai, gold is down by more than Rs 61,000 in just 8 days of June but still expensive in comparison to physical gold rates in cities like Hyderabad, Bengaluru, Mumbai and others.

Gold Rates In Chennai:

On June 8, 24 carat gold price plunged by Rs 14,200 in 100 grams to Rs 15,34,900 and dipped by Rs 1,420 in 10 grams to Rs 1,53,490. Also, 8 grams gold price slipped by Rs 1,136 to Rs 1,22,792 and 1 gram gold is lower by Rs 142 to Rs 15,349.

Furthermore, 22 carat gold declined by Rs 13,000 in Chennai to Rs 14,07,000 per 100 grams, while the price fell by Rs 1,300 to Rs 1,40,700 in 10 grams. Also, 18 carat gold is lower by Rs 11,500 in 100 grams to Rs 11,79,500 and down by Rs 1,150 to Rs 1,17,950 per 10 grams.

Check Full Gold Rates In Chennai Here:

Gram	24K Gold	22K Gold	18K Gold
1	₹15,349 (-142)	₹14,070 (-130)	₹11,795 (-115)
8	₹1,22,792 (-1,136)	₹1,12,560 (-1,040)	₹94,360 (-920)
10	₹1,53,490 (-1,420)	₹1,40,700 (-1,300)	₹1,17,950 (-1,150)
100	₹15,34,900 (-14,200)	₹14,07,000 (-13,000)	₹11,9,500 (-11,500)

Gold Rates In Hyderabad:

Here, 24 carat gold price nosedived by Rs 10,400 to Rs 15,16,900 per 100 grams and tumbled by Rs 1,040 to Rs 1,51,690 per 10 grams. In case of 22 carat, 10 grams gold is down by Rs 950 to Rs 1,39,050 but 100 grams gold crashed by Rs 9,500 to Rs 1,39,050. Also, 18 carat gold price dipped by Rs 780 in 10 grams to Rs 1,13,770 and plummeted by Rs 7,800 to Rs 11,37,700 per 100 grams.

Today's cheapest gold price is at Rs 15,169 per gram for 24 karat gold (99.9% purity), Rs 13,905 per gram for 22 karat gold (91.6% purity), and Rs 11,377 per gram for 18 karat gold.

Check Gold Rates In Hyderabad:

Gram	24K Gold	22K Gold	18K Gold
1	₹15,169 (-104)	₹13,905 (-95)	₹11,377 (-78)
8	₹1,21,352 (-832)	₹1,11,240 (-760)	₹91,016 (-624)
10	₹1,51,690 (-1,040)	₹1,39,050 (-950)	₹1,13,770 (-780)
100	₹15,16,900 (-10,400)	₹13,90,500 (-9,500)	₹11,37,700 (-7,800)

What Is Impacting Gold Prices In India Today?

As per Gaurav Garg, research analyst at Lemonn markets desk, the recent downturn in gold and silver prices can be attributed to rising concerns over inflation and interest rates, driven by stronger-than-expected economic data from the U.S., which has diminished the safe-haven appeal of these precious metals.

Additionally, he added, geopolitical tensions in West Asia, particularly recent developments involving Israel, have further fueled market volatility, impacting investor sentiment. On the other hand, crude oil prices surged by 4% to $94.16 per barrel (about ₹8,985 per barrel), as escalating Gulf tensions heightened fears of supply disruptions, contributing to inflationary pressures.