Gold prices remain unchanged today (December 8), providing stability for consumers amidst fluctuating international trends. As of today, the price of 22-karat gold stands at ₹12,040 per gram, while 1 sovereign (8 grams) is priced at ₹96,320.
Last week, gold prices witnessed a sharp rise due to global market movement. However, the current slowdown in the international market has resulted in no change in domestic gold rates today. This stability in prices comes as welcome news, especially during the auspicious Subhamuhurtha month, when jewelry purchases traditionally increase.
With many families planning weddings and auspicious events this season, the steady gold price has brought significant relief and confidence to buyers who were worried about continuous price hikes.
Gold traders expect the prices to remain largely stable over the next few days unless there is a sudden shift in global economic conditions.
