By News Desk 
The price of gold continues to show day-to-day fluctuations, and today, on June 8, 2025, a slight drop has once again caught the attention of buyers. This dip in price has renewed interest among investors and shoppers alike. If you’re planning to purchase gold soon, here’s a detailed look at today’s rates in major Indian cities, along with key market insights.
📉 Today’s Gold Rates (June 8, 2025)
Prices for 22-carat and 24-carat gold vary slightly across cities due to local taxes and making charges. Here’s the updated price range:
- 22 Carat Gold (10 grams): ₹72,650 to ₹85,000
- 24 Carat Gold (10 grams): ₹95,700 to ₹99,200
Below are the gold prices in some of India’s top metro cities:
| City | 22 Carat (₹/10g) | 24 Carat (₹/10g) |
|---|---|---|
| Delhi | ₹91,120 | ₹99,310 |
| Chennai | ₹99,120 | ₹99,110 |
| Bengaluru | ₹90,830 | ₹99,130 |
| Mumbai | ₹91,030 | ₹99,140 |
| Kolkata | ₹90,890 | ₹99,290 |
| Jaipur | ₹91,190 | ₹99,290 |
❓ Why Are Gold Prices Falling Today?
Several global factors have contributed to today’s minor decline in gold prices:
- Strengthening of the US Dollar: A stronger dollar makes gold more expensive in other currencies, reducing demand.
- Signals from the Federal Reserve: Speculation around interest rate hikes in the U.S. has also impacted gold demand.
- Shift Toward Equities: Investors are currently showing increased interest in the stock market, drawing funds away from gold.
Despite this dip, analysts believe the trend is temporary, and with the festive and wedding season approaching, gold prices may soon rebound.
💡 Is This a Good Time to Buy Gold?
Yes, for those planning to invest in gold or buy jewelry for weddings or special occasions, the current price correction could be a great opportunity. Buying during a dip often proves profitable in the long run.
🪙 Silver Price Update
Alongside gold, silver prices have also seen a slight drop. As of today, the price of 1 kilogram of silver is approximately ₹76,700.
📱 How to Check the Latest Gold and Silver Rates
You can stay updated on gold and silver prices in your city by using these quick methods:
- Missed Call Service: Dial 8955664433 to receive the latest rates for 22-carat and 18-carat gold via SMS.
- Official Website: Visit ibjarates.com for live gold and silver price updates in the morning and evening.
📝 Final Thoughts
Although the current decline in gold prices may be short-lived, it offers a golden opportunity for investors and buyers. If you’re planning a purchase, now may be a wise time to act—but always consult with a financial advisor and keep an eye on market trends before making a decision.