Gold Rate in India Gains After Sharp Drop of Rs 1.19 Lakh in a Week Amid Iran-Israel Tension; Weekly Outlook

Good Rate This Week: Gold prices in India rebounded over the weekend after recording a steep decline for several consecutive sessions earlier in the week. The recovery follows a sharp fall of Rs 1,19,600 per 100 grams of 24 Karat gold over five days beginning March 2,amid escalating conflict in the Middle East after the US and Israel struck Iran.

Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices on 8 March 2026

After gaining Rs 251 in the latest trading session on March 7, the 24 Karat gold rate in India rose to Rs 16,364 per gram, while 22 Karat gold climbed Rs 230 to Rs 15,000 per gram.

24 Karat Gold Rate Today in India

On 8 February 2026, the 24 Karat gold price per gram remains at Rs 16,364, unchanged from the previous session. For larger quantities, 8 grams of 24K gold is priced at Rs 1,30,912, while 10 grams stands at Rs 1,63,640. On a bulk basis, 100 grams of 24K gold continues to trade at Rs 16,36,400, reflecting no change compared to yesterday's rate.

22 Karat Gold Rate Today in India

Meanwhile, 22 Karat gold prices are also steady today. The per gram rate holds at Rs 15,000, the same as the previous day. For 8 grams, the price stands at Rs 1,20,000, while 10 grams is valued at Rs 1,50,000. Additionally, 100 grams of 22K gold is currently priced at Rs 15,00,000, showing no change from the previous session.

18 Karat Gold Rate Today in India

In the 18 Karat segment, the price per gram remains at Rs 12,273, unchanged from yesterday. For 8 grams, the cost is Rs 98,184, while 10 grams is priced at Rs 1,22,730. On a larger scale, 100 grams of 18K gold continues to trade at Rs 12,27,300, indicating stable prices in today's market.

Gold Prices Weekly Outlook: Check Expert's View

"From a sustainability perspective, markets do not move in a linear, but the underlying drivers supporting gold remain in place. Real interest rates are still critical. If global central banks gradually move toward rate cuts while inflation remains sticky, the opportunity cost of holding gold falls, helping prices consolidate at higher levels rather than set off a sharp correction," said Ross Maxwell, Global Strategy Operations Lead, VT Markets.

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