Gold Rates Drop Today: If you are considering buying gold jewellery today, you have a golden opportunity. Gold and silver prices have fallen significantly today, June 8. The India Bullion and Jewellers Association (IBJA) has released the midday gold rates.
According to the IBJA, the price of 10 grams of 24-carat gold has fallen by ₹3,470, reaching ₹1,50,768 per 10 grams. Meanwhile, the price of 1 kilogram of silver has dropped by ₹15,748, settling at ₹2.41 lakh. With such a sharp decline in prices today, it is a good time to make a purchase. Let’s find out the current prices for 23, 22, and 18-carat gold.
24 Carat: ₹1,50,768 /10 grams
22 Carat: ₹1,38,103 /10 grams
18 Carat: ₹1,13,076 /10 grams
14 Carat: ₹88,199 /10 grams
How much has gold dropped from its all-time high?
Gold and silver prices have been fluctuating daily this year. Gold prices stood at ₹1.33 lakh on December 31, 2025, and rose to ₹1.76 lakh by January 29. Since then, the price of gold has decreased by ₹25,000. Silver reached an all-time high of ₹3.86 lakh on January 29; since then, its price has dropped by ₹1.45 lakh.
24-Carat gold rate
According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat (999 purity) gold has fallen by ₹3,470, reaching ₹1,50,768 per 10 grams.
23-Carat Gold Rate
According to the India Bullion and Jewellers Association (IBJA), the price of 23-carat (995 purity) gold has dropped by ₹3,456, reaching ₹1,50,164 per 10 grams.
22-Carat Gold Rate
According to the India Bullion and Jewellers Association (IBJA), the price of 22-carat (916 purity) gold has dropped by ₹3,179, reaching ₹1,38,103 per 10 grams.
18-Carat Gold Rate
According to the India Bullion and Jewellers Association (IBJA), the price of 18-carat (750 purity) gold has dropped by ₹2,603, reaching ₹1,13,076 per 10 grams.
14-Carat Gold Rate
According to the India Bullion and Jewellers Association (IBJA), the price of 14-carat (585 purity) gold has dropped by ₹2,030, reaching ₹88,199 per 10 grams.
Please note that the rates issued by the India Bullion and Jewellers Association (IBJA) from Monday to Friday do not include GST; these are pre-tax rates. Consequently, GST is added to the purchase price of gold jewellery, resulting in a higher final price. Additionally, making charges are also applied separately.
