Gold and Silver Price Today in Chennai: 24K at ₹1,53,490/10g, Silver at ₹2,61,090/kg (May 8 Update)

Written by: Neha DubeyUpdated on: 8 May 2026, 3:30 pm IST
Gold prices remained firm across major Indian cities on May 8, while silver prices continued to trade higher with moderate gains.
Gold and Silver Price Today in Chennai
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Bullion markets across India maintained a positive trend on 8 May 2026 during morning trading hours. Gold prices remained stable to strong across key cities, supported by steady domestic demand and favourable international precious metal trends.

Silver prices also registered moderate gains across major regions, indicating continued buying interest and stable momentum in the bullion segment. Market sentiment remained influenced by global bullion prices, currency movement, and local demand conditions.

Gold Price Trends in Key Cities

Gold prices across major Indian cities remained firm, with slight variations based on local taxes, transportation costs, and regional demand.

City24 Carat Gold (Per 10 Gm in ₹)22 Carat Gold (Per 10 Gm in ₹)
Chennai153,490140,699
New Delhi152,780140,048
Mumbai153,050140,296
Kolkata152,840140,103
Bangalore153,170140,406
Hyderabad153,290140,516

Silver Price Movement Across Cities

Silver prices recorded moderate gains across all tracked cities, reflecting positive momentum in the bullion market.

CitySilver Rate (₹/Kg)Change
Chennai261,090+760 (+0.29%)
New Delhi259,890+760 (+0.29%)
Mumbai260,340+770 (+0.30%)
Kolkata259,990+760 (+0.29%)
Bangalore260,540+760 (+0.29%)
Hyderabad260,750+770 (+0.30%)

Read More: Who Can Invest in NSE Electronic Gold Receipts? Here’s How EGRs Work and Why They Matter.

Read stock market news in Hindi. Head to Angel One's share market news in Hindi for comprehensive coverage. 

Conclusion

On 8 May 2026, gold prices remained firm across major Indian cities with stable gains, while silver prices continued to trade higher across all tracked regions. Overall, the bullion market maintained a positive tone, with gold showing resilience and silver sustaining upward momentum.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.

Published on: May 8, 2026, 9:59 AM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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