By Admin 
Gold price today: US President Donald Trump has announced 25 to 40 percent heavy tariffs over 14 business partnership countries from Japan to South Korea. After his move, the price of gold is being seen today. After the continuous reduction in the price of gold in the last four business days, there has been a slight increase in its price today i.e. on 8 July 2025. On MCX (Multi Commodity Exchange of India), 24 carat gold is being sold at the rate of Rs 97,118 per 10 grams, while 22 carat gold is being sold at Rs 89,283 at around 9.15 am. While 24 carat gold is being sold on the bullion at a price of Rs 97,520, 22 carat gold is being sold at Rs 89,393.
Fresh gold of your city on MCX
In the national capital Delhi, 24 carat gold is being sold at the rate of Rs 97,240 per 10 grams, while the price of 999 fine is Rs 1,079.6 per 10 grams. Similarly, in Kolkata, 24 carat gold is Rs 97,280 and the fine rate of 999 is Rs 1080.
In the financial capital Mumbai, 24 carat gold on MCX is Rs 97,400 while the rate of 999 fine is 10 grams per 1081.5 per 10 grams. The price of 24 carat gold in Hyderabad is Rs 97,560 while the rate of 999 fine is Rs 1,083.2 per 10 grams. If we talk about Chennai, then 24 carat gold at MCX is Rs 97,690 per 10 grams, while the rate of 999 fine is Rs 1,084.6.
How is the rate fixed?
The price of gold is fixed from many factor, including exchange rate, fluctuations in dollar prices, stir in the international market, customs etc. If there is upheaval in the global market, then there is a boom in the demand for gold. Investors consider to be the safest to invest money instead of the stock market. Due to which its price is increased.
The demand for gold in India remains throughout the year because it has special social and economic status. It is considered very auspicious to have gold from any wedding to a festival. Apart from this, gold near a family is also considered a symbol of its prosperity in Indian society. Along with this, no matter how much inflation, gold has always proved itself a better return.
Also read: Trump’s big shock to 14 countries from Japan to South Korea, 25% to 40% announcement of new tariffs