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.

Author
Alina Khan
Follow us:
Courtesy: X

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.