Gold and silver prices on May 8: 24K Gold at ₹97,360, Silver rises to ₹96,170; check prices in your city

Gold prices are trading marginally lower in domestic markets. At 10:00 am, the 24K gold rate in the local market stood at ₹97,360 per 10 gram, down ₹50/ 10 gram compared to yesterday’s closing, while 22K gold was at ₹89,247 per 10 gram.

Yellow metal prices are trading flat as investors awaits for more clues after US Federal Reserve left interest rates unchanged while warning of higher inflation and labor market risks. Meanwhile, a rise in the US dollar index also lowered the appeal for safe-haven assets.

In New Delhi markets, the 24K gold rate stood at ₹96,970 per 10 gram and 22K gold at ₹88,889 per 10 gram.

Gold Price Today in Major Cities:

*Gold rate as of 10:00 am

MCX Gold futures is also trading in a range mirroring the movement witnessed in the international markets. As of 10:00 am, the MCX Gold June future was down 0.17% at ₹96,916 per 10 gram, with a day high of ₹97,323 and day low of ₹96,900. In the US markets, Gold futures for June delivery were trading 0.06% or $2.2 lower at $3,389 an ounce.

Silver Price Today in India (May 8, 2025)

Silver prices are trading marginally higher in the domestic market, around ₹96,170 per kg, up 0.3%. Meanwhile, MCX Silver for July delivery trades 0.35% higher at ₹96,066 per kg as of 10:00 am, while international silver prices trade around $32.9 per troy ounce, up 0.5%.

Silver Price Today in Major Cities:

*Silver rate as of 10:00 am