Gold and Silver Price Today: State-Wise Analysis and Market Outlook for October 08,2026

Gold and Silver Price Today in October 8 2026: Gold prices in Kolkata stay above the ₹1.4 lakh-per-10-gram mark making the precious metal a top choice for jewellery buyers, families and investors. As per the Kolkata rate data for October 8 24-karat gold is listed at ₹14,957 per gram. 22-Karat gold is priced at ₹13,710 per gram and 18-karat gold is available at ₹11,218 per gram.

On a 10-gram basis these rates amount to roughly ₹1,49,570 for 24K gold, ₹1,37,100 for 22K gold and ₹1,12,180 for 18K gold.

Silver in Kolkata is currently priced at ₹235 per gram or ₹2,35,000 per kilogram.

In the market gold prices showed a recovery on October 8 after falling to a two-month low. The US dollar pulled back from an 18-month high helping gold rebound. According to Reuters spot gold rose by around 0.7% reaching $4,141.09 an ounce. December US gold futures also gained about 0.6%.

This recovery comes after gold had been under pressure due to an US dollar and rising US Treasury yields. Factors like currency fluctuations expectations around interest rates global geopolitical tensions and demand for safe-haven assets continue to shape the path of gold prices.

It is important to note that gold rates may vary slightly between sources on the day. For example Mint’s benchmark data for October 8 lists 24K gold in Kolkata at ₹1,49,350 per 10 grams and 22K gold at ₹1,36,904. The silver rate for 999 purity is given at ₹2,23,430 per kg. NDTV Profit’s early-morning update shows 24K gold at ₹1,48,810 and 22K gold at ₹1,36,409.

Hence the figures of ₹14,957 per gram for 24K, ₹13,710 per gram for 22K and ₹11,218 per gram for 18K used here are based on the supplied Kolkata rate-card data. The broader comparisons, across states and cities use published market benchmarks.


Kolkata Gold and Silver Price Today: October 8, 2026

Based on the supplied Kolkata data, today’s gold rates are:

Gold/Silver CategoryRate Per GramApprox. Rate Per 10 GramsPurity
24K Gold₹14,957₹1,49,57099.9%
22K Gold₹13,710₹1,37,10091.6%
18K Gold₹11,218₹1,12,18075%
Silver₹235₹2,350—
Silver₹2,35,000/kg——

The most important figure for investment-oriented readers is generally the 24K price because it represents the highest commonly traded purity. Jewellery buyers, however, often pay closer attention to the 22K price because 22K gold is widely used for traditional Indian jewellery.

At the supplied rate, 10 grams of 24K gold costs ₹1,49,570 before applicable taxes, making charges and other costs.

Similarly, 10 grams of 22K gold costs approximately ₹1,37,100 before additional jewellery charges.

For 18K gold, 10 grams costs approximately ₹1,12,180 before additional charges.


Why Today’s Kolkata Gold Rate Is Important

Gold has become significantly more expensive over the past few years, making even small changes in the per-gram price meaningful for households.

A ₹100 change per gram means a ₹1,000 difference on a 10-gram purchase.

For a 50-gram jewellery purchase, the same ₹100 movement becomes a ₹5,000 difference in the underlying metal value.

This is particularly relevant during India’s wedding and festive buying season, when households traditionally purchase larger quantities of gold.

At ₹14,957 per gram, a buyer purchasing 20 grams of 24K gold would face an underlying metal value of approximately ₹2,99,140 before applicable charges.

A 50-gram purchase would represent a metal value of approximately ₹7,47,850.

The final jewellery bill can be substantially higher depending on making charges, applicable taxes, stone charges and other components.


24K Gold, 22K Gold and 18K Gold: What Is the Difference?

24K Gold: 99.9% Purity

24K gold is generally regarded as the purest commonly traded form of gold, with a purity of approximately 99.9%.

It is particularly relevant for:

  • Gold bars
  • Gold coins
  • Investment products
  • Bullion
  • Some high-purity gold products

The main disadvantage is that pure gold is relatively soft. As a result, it is not generally the preferred material for everyday jewellery.

At the supplied Kolkata rate of ₹14,957 per gram, 24K gold is the most expensive of the three purity categories.

22K Gold: 91.6% Purity

22K gold contains approximately 91.6% pure gold, with the remainder consisting of other metals that improve strength and durability.

This makes it particularly popular in India for:

  • Wedding jewellery
  • Gold chains
  • Bangles
  • Necklaces
  • Earrings
  • Traditional ornaments

At ₹13,710 per gram in the supplied Kolkata data, 22K gold is approximately ₹1,247 cheaper per gram than 24K gold.

On 10 grams, the difference between the two rates is approximately ₹12,470.

18K Gold: 75% Purity

18K gold contains approximately 75% pure gold.

It is commonly used in modern jewellery, diamond jewellery and designs where greater strength and durability are important.

At ₹11,218 per gram, the supplied Kolkata rate is substantially below the 24K and 22K rates.

The lower price is primarily a reflection of the lower gold content and should not automatically be interpreted as inferior jewellery quality.


Silver Rate in Kolkata Today

Silver is priced at ₹235 per gram in Kolkata, according to the supplied October 8 rate.

That translates into:

₹235 per gram

₹2,350 per 10 grams

₹23,500 per 100 grams

₹2,35,000 per kilogram

Silver’s market dynamics are different from those of gold because silver has both monetary and industrial uses.

It is used in electronics, electrical equipment, solar-related technologies and other industrial applications. Consequently, silver prices can be influenced by both investment demand and industrial expectations.

The supplied Kolkata silver rate of ₹2.35 lakh per kilogram is therefore an important reference point for consumers buying silver coins, bars, utensils and jewellery.

However, online bullion rates and actual retail prices can differ.

Mint’s October 8 benchmark, for example, puts 999 fine silver in Kolkata at ₹2,23,430 per kg.

That difference demonstrates why buyers should always verify the actual rate applicable to their transaction before making a large purchase.


Gold Prices Across Major Indian States: October 8, 2026

Gold does not have one single retail price throughout India.

International gold prices provide the basic benchmark, but domestic prices are influenced by the rupee-dollar exchange rate, import-related costs, local demand, dealer margins and other factors.

The following table uses major cities to represent important state and regional markets. These are published October 8 benchmark rates, not guaranteed jeweller quotations.

State/RegionMajor Market24K Gold/10g22K Gold/10gSilver 999/kg
MaharashtraMumbai₹1,49,550₹1,37,088₹2,23,720
Delhi NCRNew Delhi₹1,49,290₹1,36,849₹2,23,340
Tamil NaduChennai₹1,49,990₹1,37,491₹2,24,380
West BengalKolkata₹1,49,350₹1,36,904₹2,23,430
KarnatakaBengaluru₹1,49,670₹1,37,198₹2,23,900
TelanganaHyderabad₹1,49,790₹1,37,308₹2,24,080

These figures come from Mint’s October 8 city-wise market snapshot.

A separate NDTV Profit snapshot taken earlier in the morning showed somewhat lower rates across the same cities, again demonstrating the intraday movement and differences between pricing sources.


Maharashtra: Mumbai Gold and Silver Rate

Mumbai remains one of India’s most important bullion and jewellery markets.

According to Mint’s October 8 benchmark, 24K gold in Mumbai was ₹1,49,550 per 10 grams, while 22K gold was ₹1,37,088 per 10 grams. Silver 999 fine was quoted at approximately ₹2,23,720 per kilogram.

Mumbai’s position as a major financial and trading centre makes its bullion market an important reference for western India.

However, buyers in Pune, Nagpur, Nashik and other Maharashtra markets can encounter slightly different retail rates.


Delhi: Gold Rate Today

New Delhi is another major gold market.

On October 8, Mint’s benchmark showed 24K gold at ₹1,49,290 per 10 grams and 22K gold at ₹1,36,849 per 10 grams. Silver 999 fine stood at around ₹2,23,340 per kilogram.

NDTV Profit’s early-morning data showed Delhi at ₹1,48,750 per 10 grams for 24K gold and ₹1,36,354 for 22K.

The difference again highlights the importance of timing when comparing gold rates.


Tamil Nadu: Chennai Gold Rate

Chennai recorded the highest 24K and 22K rates among the six major markets listed in Mint’s October 8 comparison.

The benchmark was:

  • 24K gold: ₹1,49,990/10g
  • 22K gold: ₹1,37,491/10g
  • Silver 999: ₹2,24,380/kg

Tamil Nadu is one of India’s strongest gold-consuming markets, with substantial jewellery demand during weddings and festivals.


West Bengal: Kolkata Gold Rate

For West Bengal buyers, Kolkata remains the primary reference market.

Mint’s October 8 benchmark puts Kolkata at:

  • 24K gold: ₹1,49,350/10g
  • 22K gold: ₹1,36,904/10g
  • Silver 999: ₹2,23,430/kg

However, the supplied Kolkata rate card for this article gives:

  • 24K: ₹14,957/g
  • 22K: ₹13,710/g
  • 18K: ₹11,218/g
  • Silver: ₹235/g
  • Silver: ₹2,35,000/kg

The difference is not necessarily an error. Different sources may update at different times and may use different benchmark methodologies.

Therefore, consumers should regard the supplied figures as the Kolkata rate-card data for this article, while published bullion benchmarks provide an additional market reference.


Karnataka: Bengaluru Gold Rate

Bengaluru’s October 8 benchmark was:

24K gold — ₹1,49,670 per 10 grams

22K gold — ₹1,37,198 per 10 grams

Silver 999 — ₹2,23,900 per kilogram

Bengaluru’s gold market serves a large urban consumer base and includes both traditional jewellery buyers and customers purchasing modern diamond and gold jewellery.


Telangana: Hyderabad Gold Rate

Hyderabad also remained close to the ₹1.5 lakh-per-10-gram threshold.

Mint’s October 8 data showed:

24K gold — ₹1,49,790 per 10 grams

22K gold — ₹1,37,308 per 10 grams

Silver 999 — ₹2,24,080 per kilogram

Hyderabad is traditionally a strong jewellery market, particularly during wedding and festive periods.


State-Wise Gold Rates: Why Every State Does Not Have One Fixed Price

It is important to understand that a state does not normally have a single gold rate.

For example, Maharashtra may have one benchmark in Mumbai and slightly different retail quotations in Pune, Nagpur or Nashik.

Similarly, West Bengal’s Kolkata price does not necessarily represent the exact price charged by every jeweller in Siliguri, Durgapur, Asansol or other cities.

The same applies to Tamil Nadu, Karnataka, Uttar Pradesh, Rajasthan and other states.

Therefore, a proper state-wise gold-rate article should identify the city and source of the rate, rather than presenting one number as an official statewide price.

This is especially important when consumers are making large purchases.


Why Gold Prices Are Moving So Sharply

The global gold market has been influenced by several competing forces.

1. US Dollar

Gold is internationally priced in US dollars.

When the dollar strengthens, gold can become relatively expensive for buyers using other currencies.

Conversely, a weaker dollar can support gold.

Reuters reported that gold recovered on October 8 after the dollar retreated from an 18-month peak.

2. US Treasury Yields

Higher Treasury yields can reduce the appeal of gold because the precious metal does not generate interest.

The recent rise in yields was one of the factors weighing on gold prices before the October 8 recovery. NDTV Profit reported that higher US Treasury yields and a firm dollar had pushed MCX gold below ₹1.5 lakh per 10 grams in the previous session.

3. Interest-Rate Expectations

Gold investors closely monitor Federal Reserve policy.

Expectations of higher interest rates can pressure gold, while expectations of lower rates can provide support.

The outlook remains uncertain, making gold susceptible to sharp daily movements.

4. Geopolitical Risks

Geopolitical tensions often encourage investors to seek safe-haven assets.

Mint noted that ongoing US-Iran tensions and developments around the Strait of Hormuz were contributing to uncertainty in bullion markets.

5. Indian Rupee

The rupee also matters for Indian gold prices.

Even if international gold prices remain unchanged, a weaker rupee can increase the domestic cost of imported gold.

This makes currency movements particularly important for Indian consumers and investors.


Gold and Silver Outlook for Indian Buyers

The near-term outlook for precious metals remains volatile rather than one-directional.

Gold has recovered from a recent two-month low, but analysts continue to watch whether the market can establish a sustained recovery.

Reuters reported that gold recovered as the dollar weakened, but noted that the short-term outlook remains uncertain.

The situation is somewhat different for silver.

Silver has a stronger industrial component, which means it can benefit from increased industrial demand but can also experience greater volatility.

Mint noted that silver has risen sharply over the longer term and that its dual role as a precious and industrial metal can make it more volatile than gold.

For Indian buyers, this means that neither gold nor silver should be viewed simply through the lens of one day’s price movement.


Example: What 10 Grams of Gold Could Cost in Kolkata

Using the supplied October 8 Kolkata rate:

10 grams of 24K gold = ₹14,957 × 10 = ₹1,49,570

10 grams of 22K gold = ₹13,710 × 10 = ₹1,37,100

10 grams of 18K gold = ₹11,218 × 10 = ₹1,12,180

These figures represent the underlying quoted metal value.

The final retail jewellery bill can be higher after applicable taxes, making charges, wastage or other components.

For example, someone buying a 20-gram 22K gold ornament would start with a gold-value calculation of:

₹13,710 × 20 = ₹2,74,200

That is not necessarily the final invoice amount.


Gold Rate vs Jewellery Price: A Crucial Difference

A common mistake among first-time buyers is to compare the online gold rate with the final jewellery price and assume that the jeweller is charging an unusually high rate.

The two figures are not directly comparable.

Online gold-rate tables generally provide a benchmark for the underlying precious metal.

A jewellery invoice can include:

  • Gold value
  • Making charges
  • Wastage-related charges, where applicable
  • Stone charges
  • Applicable GST
  • Other disclosed costs

Therefore, a consumer should compare the complete invoice, not simply the advertised gold rate.

Mint specifically cautions that jewellers may add making charges, taxes and GST to the bill, increasing the final price paid by customers.


Kolkata Gold Rate Today: 10 Key Points

  1. 24K gold in the supplied Kolkata rate card is ₹14,957 per gram.
  2. 22K gold is ₹13,710 per gram.
  3. 18K gold is ₹11,218 per gram.
  4. Silver is ₹235 per gram.
  5. Silver is ₹2,35,000 per kilogram in the supplied rate card.
  6. Ten grams of 24K gold works out to approximately ₹1,49,570.
  7. Ten grams of 22K gold works out to approximately ₹1,37,100.
  8. International gold recovered on October 8 after a recent decline.
  9. The dollar, Treasury yields, interest-rate expectations and geopolitical tensions remain important market drivers.
  10. The final jewellery price can be higher than the quoted gold rate because of applicable charges.

Final Takeaway

Gold prices in Kolkata stay very high on October 8 2026 with the listed rate card showing 24K gold at ₹14,957 per gram 22K gold at ₹13,710 per gram and 18K gold at ₹11,218 per gram. Silver is listed at ₹235 per gram or ₹2,35,000 per kilogram.

The overall Indian bullion market is also moving close to the ₹1.5 lakh-per-10-gram level for 24K gold. Published October 8 benchmarks change a little depending on the time and source: Mint lists Kolkatas 24K rate at ₹1,49,350 per 10 grams while NDTV Profits early-morning snapshot showed ₹1,48,810.

This difference shows an idea for people who are looking to buy gold: there is no single number that should be taken as the final gold price at every jewellery shop in Kolkata or anywhere else in India.

The global market is being affected by a battle between people wanting to keep their money safe and the pressure from the US dollar and expectations about interest rates. Gold went up on October 8 as the dollar dropped. The short-term future is still not clear.

Silver is also getting attention. Its price has gone up because of demand for metals as well as industrial use but that double role can make silver more unstable than gold.

For families the main thing is to understand the difference between bullion rates and final jewellery prices. A price listed per gram is the beginning. Purity, weight making charges, taxes, stone charges and the final bill, from the jeweller all need to be looked at.

For anyone thinking about buying gold in Kolkata the best way is to check the rate just before buying look at at least two or three jewellers check the purity and hallmarking and ask for a full price list.

Gold can continue to be a part of household savings and Indias jewellery tradition but the prices can change quickly. Investors should not make decisions just based on what happens in one day.

Disclaimer: We collect these market rates from different news channels and local trade updates just to share information. Please do not take this as financial or investment advice. Gold and silver prices change fast every day because of market shifts and local tax rules. We strictly recommend checking the live current rates in your city and talking to a financial expert before buying anything.

Leave a Comment