The yellow metal is now priced at Rs 1,13,200 per sovereign and Rs 14,150 per gram, with no change.

On May 7, gold closed at Rs 1,13,200 per sovereign and Rs 14,150 per gram.

Silver prices increases

Silver prices increases by Rs 5 to sell for Rs 280 per gram (Rs 2,80,000 per kg) on May 8. On May 7, silver was sold at Rs 275 per gram (Rs 2,75,000 per kg).

Gold rate today vs gold rate on this day, last year

Gold remains significantly higher compared to last year. Prices have surged from Rs 73,040 per sovereign (Rs 9,130 per gram) on May 8, 2025, to Rs 1,13,200 per sovereign (Rs 14,150 per gram) on May 8, 2026, marking an increase of Rs 40,160 or about 54.9%.