Gold and Silver prices on January 8: Check latest rates here

According to GoodReturns, the price of 22-carat gold was at Rs 57,800 per gram; Rs 63,050 for 10 gm 24-carat gold and silver at Rs 78,400 per kg respectively.

Edited By: Alina Khan

Last Updated : 08 January 2024, 10:12 AM IST

According to the GoodReturns, 22-carat gold prices in India are at Rs 5,780 per gram, while for 24-carat the price is at Rs 6,305 per gram on Monday.

On January 8, the price of 22-carat gold was at Rs 57,800 per gram; Rs 63,050 for 10 gm 24-carat gold and silver at Rs 78,400 per kg respectively, according to GoodReturns. At the same time, the silver rate was Rs 76.40 per gram whereas for 10 grams it was Rs 766.

Check rates of Gold and Silver here:

Cities	22-carat Gold (10 gm)	24-carat Gold (10 gm)	Silver (1 kg)
Delhi	57,950	63,200	76,400
Mumbai	57,800	63,050	76,400
Chennai	58,300	63,200	77,800
Kolkata	57,800	63,050	76,400
Bengaluru	57,800	63,050	74,000
Hyderabad	57,800	63,050	77,800
Kerala	57,800	63,050	77,800

Cultural Significance:

Auspiciousness and Divinity: Gold is associated with prosperity, good luck, and divine blessings. It is used in religious ceremonies, festivals, and pujas, representing purity, divinity, and positive energy. Owning gold signifies auspiciousness and blessings for the family.
Social Symbol and Status: Owning gold jewelry, especially for women, is a symbol of wealth, status, and cultural belonging. It is often gifted at weddings, major milestones, and passed down through generations as a family heirloom.
Aesthetics and Adornment: Gold's beauty and malleability make it a popular choice for crafting exquisite jewelry, adding grandeur and elegance to traditional attire.

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Gold and Silver prices on January 8: Check latest rates here