Gold Prices Rise on August 8, 2026: Check Rates at Top Jewellers
Source: ET Wealth
Arth Insight · What this means for your wallet
- Buying gold jewellery now will be more expensive due to the recent price hike.
- The value of any gold jewellery or coins you already own has likely increased.
- Your final bill includes making charges (5-25% of gold value) and 3% GST, significantly impacting the total cost beyond just the gold rate.
Gold prices saw an increase on Saturday, August 8, 2026. Consumers looking to purchase gold jewellery can check the latest rates for 22K gold from major retailers like Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers.
- ▸Gold prices increased on Saturday, August 8, 2026.
- ▸Check rates at Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers.
- ▸Consider making charges and 3% GST on top of gold rates.
- ▸Gold prices can fluctuate daily.
- ✓Gold prices increased on Saturday, August 8, 2026.
- ✓Check rates at Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers.
- ✓Consider making charges and 3% GST on top of gold rates.
- ✓Gold prices can fluctuate daily.
Gold prices experienced a notable uptick on Saturday, August 8, 2026, impacting the cost of gold jewellery for consumers across India. This price movement is a key consideration for individuals planning to buy gold, a popular investment and adornment choice.
The latest rates for 22K gold, a common purity for jewellery, are being monitored by leading jewellers. These include Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers. The Indian Bullion and Jewellers Association (IBJA) also provides benchmark rates that influence retail pricing.
While specific rates for 24K, 20K, and 18K gold were not detailed in the source, the general trend indicates a rise in the precious metal's value. Consumers are advised to check the exact prices with their preferred jewellers on the day of purchase, as rates can fluctuate throughout the day based on market conditions, currency exchange rates, and global demand.
Buying gold jewellery involves not just the base metal rate but also making charges and Goods and Services Tax (GST). Making charges vary significantly between jewellers and designs, typically ranging from 5% to 25% of the gold value. A 3% GST is levied on the total value of the jewellery (gold price + making charges).
For those considering a gold purchase, understanding these components is crucial for calculating the final price. It is also advisable to inquire about any ongoing offers or discounts that jewellers might be providing, which could help offset some of the costs.
This information is for general awareness and does not constitute investment advice.
Some listings may be sponsored and Arth Vani may earn a referral fee. All information is for educational purposes only — verify terms and suitability with the provider before acting. Not financial advice.
Frequently Asked Questions
What is the current trend for gold prices?
Gold prices saw a notable increase on Saturday, August 8, 2026.
Where can I check today's gold rates?
You can check the latest 22K gold rates at Tanishq, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, and through IBJA.
What additional costs are involved when buying gold jewellery?
Besides the gold rate, you need to account for making charges (typically 5-25%) and a 3% GST on the total value.
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