diff --git a/change/@azure-msal-browser-62b23ece-142f-4710-a265-ab3f56f1678f.json b/change/@azure-msal-browser-62b23ece-142f-4710-a265-ab3f56f1678f.json
new file mode 100644
index 0000000000..534446aba9
--- /dev/null
+++ b/change/@azure-msal-browser-62b23ece-142f-4710-a265-ab3f56f1678f.json
@@ -0,0 +1,7 @@
+{
+  "type": "minor",
+  "comment": "Instrument cache location #7868",
+  "packageName": "@azure/msal-browser",
+  "email": "kshabelko@microsoft.com",
+  "dependentChangeType": "patch"
+}
diff --git a/change/@azure-msal-common-0319a9b8-f8e6-42fe-81a2-ba39b331bfd1.json b/change/@azure-msal-common-0319a9b8-f8e6-42fe-81a2-ba39b331bfd1.json
new file mode 100644
index 0000000000..0cad18ed72
--- /dev/null
+++ b/change/@azure-msal-common-0319a9b8-f8e6-42fe-81a2-ba39b331bfd1.json
@@ -0,0 +1,7 @@
+{
+  "type": "minor",
+  "comment": "Instrument cache location #7868",
+  "packageName": "@azure/msal-common",
+  "email": "kshabelko@microsoft.com",
+  "dependentChangeType": "patch"
+}
diff --git a/lib/msal-browser/src/interaction_client/BaseInteractionClient.ts b/lib/msal-browser/src/interaction_client/BaseInteractionClient.ts
index a401b8945c..112b8d7168 100644
--- a/lib/msal-browser/src/interaction_client/BaseInteractionClient.ts
+++ b/lib/msal-browser/src/interaction_client/BaseInteractionClient.ts
@@ -76,6 +76,12 @@ export abstract class BaseInteractionClient {
             this.correlationId
         );
         this.performanceClient = performanceClient;
+        this.performanceClient.addFields(
+            {
+                cacheLocation: config.cache.cacheLocation,
+            },
+            this.correlationId
+        );
     }
 
     abstract acquireToken(
diff --git a/lib/msal-browser/test/app/PublicClientApplication.spec.ts b/lib/msal-browser/test/app/PublicClientApplication.spec.ts
index 33c2123da1..e970c34d42 100644
--- a/lib/msal-browser/test/app/PublicClientApplication.spec.ts
+++ b/lib/msal-browser/test/app/PublicClientApplication.spec.ts
@@ -926,6 +926,9 @@ describe("PublicClientApplication.ts Class Unit Tests", () => {
 
         it("Calls NativeInteractionClient.handleRedirectPromise and emits telemetry event", (done) => {
             const config = {
+                cache: {
+                    cacheLocation: BrowserCacheLocation.LocalStorage,
+                },
                 auth: {
                     clientId: TEST_CONFIG.MSAL_CLIENT_ID,
                 },
@@ -940,11 +943,11 @@ describe("PublicClientApplication.ts Class Unit Tests", () => {
                     },
                 },
             };
-            pca = new PublicClientApplication(config);
+            const testPca = new PublicClientApplication(config);
             stubExtensionProvider(config);
 
-            pca.initialize().then(() => {
-                const callbackId = pca.addPerformanceCallback((events) => {
+            testPca.initialize().then(() => {
+                const callbackId = testPca.addPerformanceCallback((events) => {
                     expect(events.length).toEqual(1);
                     const event = events[0];
                     expect(event.name).toBe(
@@ -960,12 +963,13 @@ describe("PublicClientApplication.ts Class Unit Tests", () => {
                     ).toEqual(1);
                     expect(event.success).toBeTruthy();
                     expect(event.accountType).toEqual("MSA");
-                    pca.removePerformanceCallback(callbackId);
+                    expect(event.cacheLocation).toEqual("localStorage");
+                    testPca.removePerformanceCallback(callbackId);
                     done();
                 });
                 // Implementation of PCA was moved to controller.
                 // eslint-disable-next-line @typescript-eslint/no-explicit-any
-                pca = (pca as any).controller;
+                const testController = (testPca as any).controller;
 
                 const testAccount: AccountInfo = {
                     homeAccountId: TEST_DATA_CLIENT_INFO.TEST_HOME_ACCOUNT_ID,
@@ -1012,12 +1016,12 @@ describe("PublicClientApplication.ts Class Unit Tests", () => {
                     windowTitleSubstring: "test window",
                 };
                 // @ts-ignore
-                pca.browserStorage.setTemporaryCache(
+                testController.browserStorage.setTemporaryCache(
                     TemporaryCacheKeys.NATIVE_REQUEST,
                     JSON.stringify(nativeRequest),
                     true
                 );
-                jest.spyOn(pca, "getAllAccounts").mockReturnValue([
+                jest.spyOn(testController, "getAllAccounts").mockReturnValue([
                     testAccount,
                 ]);
                 jest.spyOn(
@@ -1025,7 +1029,7 @@ describe("PublicClientApplication.ts Class Unit Tests", () => {
                     "handleRedirectPromise"
                 ).mockResolvedValue(testTokenResponse);
 
-                pca.handleRedirectPromise();
+                testController.handleRedirectPromise();
             });
         });
 
@@ -3636,6 +3640,7 @@ describe("PublicClientApplication.ts Class Unit Tests", () => {
                 expect(events[0].requestId).toBe(undefined);
                 expect(events[0].visibilityChangeCount).toBe(0);
                 expect(events[0].accountType).toBeUndefined();
+                expect(events[0].cacheLocation).toEqual("sessionStorage");
                 pca.removePerformanceCallback(callbackId);
                 done();
             });
@@ -6023,6 +6028,7 @@ describe("PublicClientApplication.ts Class Unit Tests", () => {
                 expect(events[0].requestId).toBe(undefined);
                 expect(events[0].visibilityChangeCount).toBe(0);
                 expect(events[0].accountType).toBe("AAD");
+                expect(events[0].cacheLocation).toBe("sessionStorage");
 
                 pca.removePerformanceCallback(callbackId);
                 done();
@@ -6034,6 +6040,71 @@ describe("PublicClientApplication.ts Class Unit Tests", () => {
             });
         });
 
+        xit("instruments local storage cache location", (done) => {
+            const testPca = new PublicClientApplication({
+                auth: {
+                    clientId: TEST_CONFIG.MSAL_CLIENT_ID,
+                },
+                telemetry: {
+                    client: new BrowserPerformanceClient(testAppConfig),
+                    application: {
+                        appName: TEST_CONFIG.applicationName,
+                        appVersion: TEST_CONFIG.applicationVersion,
+                    },
+                },
+                system: {
+                    allowPlatformBroker: false,
+                },
+                cache: {
+                    cacheLocation: BrowserCacheLocation.LocalStorage,
+                },
+            });
+            testPca.initialize().then(() => {
+                const testAccount: AccountInfo = {
+                    homeAccountId: TEST_DATA_CLIENT_INFO.TEST_HOME_ACCOUNT_ID,
+                    localAccountId: TEST_DATA_CLIENT_INFO.TEST_UID,
+                    environment: "login.windows.net",
+                    tenantId: "3338040d-6c67-4c5b-b112-36a304b66dad",
+                    username: "AbeLi@microsoft.com",
+                    idTokenClaims: {
+                        tid: "3338040d-6c67-4c5b-b112-36a304b66dad",
+                    },
+                };
+                const testTokenResponse: AuthenticationResult = {
+                    authority: TEST_CONFIG.validAuthority,
+                    uniqueId: testAccount.localAccountId,
+                    tenantId: testAccount.tenantId,
+                    scopes: TEST_CONFIG.DEFAULT_SCOPES,
+                    idToken: "test-idToken",
+                    idTokenClaims: {},
+                    accessToken: "test-accessToken",
+                    fromCache: false,
+                    correlationId: RANDOM_TEST_GUID,
+                    expiresOn: TestTimeUtils.nowDateWithOffset(3600),
+                    account: testAccount,
+                    tokenType: AuthenticationScheme.BEARER,
+                };
+                const silentCacheSpy: jest.SpyInstance = jest
+                    .spyOn(SilentCacheClient.prototype, "acquireToken")
+                    .mockRejectedValue(new Error("Expired"));
+                const silentRefreshSpy: jest.SpyInstance = jest
+                    .spyOn(SilentRefreshClient.prototype, "acquireToken")
+                    .mockResolvedValue(testTokenResponse);
+
+                const callbackId = testPca.addPerformanceCallback((events) => {
+                    expect(events[0].cacheLocation).toBe("localStorage");
+
+                    testPca.removePerformanceCallback(callbackId);
+                    done();
+                });
+                testPca.acquireTokenSilent({
+                    scopes: ["openid"],
+                    account: testAccount,
+                    correlationId: RANDOM_TEST_GUID,
+                });
+            });
+        });
+
         it("sets visibilityChange in perf event to true when visibility changes", (done) => {
             const testAccount: AccountInfo = {
                 homeAccountId: TEST_DATA_CLIENT_INFO.TEST_HOME_ACCOUNT_ID,
diff --git a/lib/msal-common/apiReview/msal-common.api.md b/lib/msal-common/apiReview/msal-common.api.md
index 7fcba24503..aaeabff815 100644
--- a/lib/msal-common/apiReview/msal-common.api.md
+++ b/lib/msal-common/apiReview/msal-common.api.md
@@ -3463,6 +3463,7 @@ export type PerformanceEvent = {
     usePreGeneratedPkce?: boolean;
     msalInstanceCount?: number;
     sameClientIdInstanceCount?: number;
+    cacheLocation?: string;
 };
 
 // Warning: (tsdoc-undefined-tag) The TSDoc tag "@export" is not defined in this configuration
diff --git a/lib/msal-common/src/telemetry/performance/PerformanceEvent.ts b/lib/msal-common/src/telemetry/performance/PerformanceEvent.ts
index da632d012b..63ede4de45 100644
--- a/lib/msal-common/src/telemetry/performance/PerformanceEvent.ts
+++ b/lib/msal-common/src/telemetry/performance/PerformanceEvent.ts
@@ -898,6 +898,8 @@ export type PerformanceEvent = {
     msalInstanceCount?: number;
     // Number of MSAL JS instances using the same client id in the frame
     sameClientIdInstanceCount?: number;
+    // Browser cache location
+    cacheLocation?: string;
 };
 
 export type PerformanceEventContext = {