After witnessing an uptick in the price in previous sessions amid easing global inflation concerns and possibility of a peace deal between Iran and the US, gold and silver prices remained largely unchanged today (Friday, May 8, 2026) compared to a day ago across key jewellery brands and India Bullion and Jewellers Association Ltd. (IBJA).
Gold price prediction
Prithviraj Kothari, managing director, RiddiSiddhi Bullions Ltd., president, IBJA, “Gold and silver are rallying on hopes of a US–Iran peace deal, which is weighing on USD and pulling crude oil prices lower — easing inflation fears and softening Fed hawkishness expectations. Iran has accused the US of ceasefire violations near the Strait of Hormuz, though Tehran is expected to respond to a US reopening proposal via Pakistan within two days. Markets now await the NFP print, forecast at 62K versus March's 178K and with unemployment steady at 4.3%. Gold targets $4,800–4,850, while silver consolidates near $82 before eyeing $85.”
Gold prices today (May 8, 2026)Check the latest gold prices at leading jewellery brands such as Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers and Joyalukkas today. Also see the latest retail jewellery prices of gold and silver at IBJA.
22k gold price at Tanishq today
Tanishq's current price for 22k gold jewellery is Rs 14,040 per gram as of May 8, 2026, in New Delhi, Mumbai, Chennai, Kolkata and Bengaluru. The price of the same variety of gold on May 7, 2026, was Rs 14,070.
22k gold rate at Joyalukkas todayThe current price for 22k gold jewellery at Joyalukkas is Rs 13,995 per gram as of May 8, 2026, in New Delhi, Mumbai, Chennai, Kolkata and Bengaluru. The price of 22k gold on May 7, 2026, was Rs 13,975.
22k gold rate at Kalyan Jewellers today
The latest price for 22k gold jewellery at Kalyan Jewellers is Rs 13,995 per gram as of May 8, 2026, in New Delhi, Mumbai, Chennai, Kolkata and Bengaluru. The price of 22k gold on May 7, 2026, was Rs 13,975.
22k gold price at Malabar Gold & Diamonds
Malabar Gold & Diamonds' latest price for 22k gold jewellery is Rs 13,995 per gram as of May 8, 2026, in New Delhi, Mumbai, Chennai, Kolkata and Bengaluru. The price of 22k gold on May 7, 2026, was Rs 13,975.
IBJA indicative retail selling rates for gold jewellery (May 8, 2026, AM rates)
Gold/Silver Type Rate
- 24K Fine Gold (999) Rs 15,114 per gram
- 22K Gold Rs 14,751 per gram
- 20K Gold Rs 13,452 per gram
- 18K Gold Rs 12,242 per gram
- 14K Gold Rs 9,749 per gram
- Silver (999) Rs 2,55,200 per kg
IBJA indicative retail selling rates for gold jewellery (May 7, 2026, PM rates)
- Gold/Silver Type Rate
- 24K Fine Gold (999) Rs 15,115 per gram
- 22K Gold Rs 14,752 per gram
- 20K Gold Rs 13,452 per gram
- 18K Gold Rs 12,243 per gram
- 14K Gold Rs 9,749 per gram
- Silver (999) Rs 2,54,798 per kg
1-day price change in IBJA gold and silver rates
| Gold/Silver Type | 07/05/2026 (PM) | 08/05/2026 (AM) |
| 24K Fine Gold (999) | Rs 15,115 per gram | Rs 15,114 per gram |
| 22K Gold | Rs 14,752 per gram | Rs 14,751 per gram |
| 20K Gold | Rs 13,452 per gram | Rs 13,452 per gram |
| 18K Gold | Rs 12,243 per gram | Rs 12,242 per gram |
| 14K Gold | Rs 9,749 per gram | Rs 9,749 per gram |
| Silver (999) | Rs 2,54,798 per kg | Rs 2,55,200 per kg |
