Gold Prices Surge in Kolkata as Dollar Weakness Boosts Demand

Gold prices in Kolkata surged on September 8, 2026, as the domestic and global bullion markets experienced strength. The price of 24 karat gold stood at ₹15,535 per gram, while 22 karat gold was priced at ₹14,240 per gram. The rate for 18 karat gold remained steady at ₹11,651 per gram.

The increase in gold prices can be attributed to a softer US dollar, which improved demand for non-yielding assets like gold. As bullion is priced internationally in dollars, weakness in the American currency makes gold relatively more attractive for buyers using other currencies.

Precious metals remained firm despite a sharp rise in crude oil prices, with dollar weakness and broader demand for bullion supporting prices.