Gold Prices Rise, Silver Holds Firm On June 8: Check Latest Rates In Delhi, Mumbai, Bengaluru And More
| City | 22K Gold (10g) | 24K Gold (10g) | Silver (1 kg) |
| Delhi | Rs 1,40,140 | Rs 1,55,900 | Rs 2,64,900 |
| Mumbai | Rs 1,39,990 | Rs 1,52,720 | Rs 2,64,900 |
| Bengaluru | Rs 1,39,990 | Rs 1,52,720 | Rs 2,64,900 |
| Chennai | Rs 1,41,990 | Rs 1,54,900 | Rs 2,69,900 |
| Hyderabad | Rs 1,39,990 | Rs 1,52,720 | Rs 2,69,900 |
| Kolkata | Rs 1,39,990 | Rs 1,52,720 | Rs 2,64,900 |
Note: Rates may vary slightly across jewellers due to making charges, GST, and local market conditions.
Why Gold Prices Are Moving Higher
Gold continues to attract investors seeking stability amid global economic uncertainty. Market analysts point to several factors supporting bullion prices, including geopolitical tensions, fluctuations in the US dollar, central bank purchases, and changing expectations around global interest rates.
The yellow metal is often viewed as a safe-haven asset during periods of market volatility. As a result, any signs of economic slowdown, inflation concerns, or international conflicts tend to boost demand for gold.
Silver has also benefited from strong industrial demand, particularly from sectors such as renewable energy, electronics, and manufacturing. However, its price movement remained relatively subdued compared to gold.
What Investors Are Watching
Bullion traders are closely tracking developments in international markets, including movements in crude oil prices, inflation data, and central bank policy signals. These factors could influence the direction of gold and silver prices in the coming weeks.
Experts note that while short-term fluctuations are likely, precious metals continue to remain an important portfolio diversification tool for long-term investors.
Jewellery buyers are also keeping a close watch on daily price movements as wedding-season demand and festive purchases contribute to market activity across India.
With global economic uncertainty still lingering, gold and silver are expected to remain in focus among both investors and consumers. Market participants will continue monitoring international developments for further cues on bullion price trends in the days ahead.
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