Gold rates in India are losing their shine this week, extending losses for a third straight session on April 24, 2026, as global cues keep investors on edge.
After hovering near recent highs, the yellow metal has come under sustained selling pressure, with both domestic and international markets reflecting a cautious mood driven by inflation worries and geopolitical uncertainty.
In the latest trading session, 24 Karat (24K) gold slipped to Rs 15,295 per gram, down by Rs 60 from the previous day. Meanwhile, 22 Karat (22K) gold eased to Rs 14,020 per gram, marking a decline of Rs 55.
The recent correction has been sharp. Over the past three days, 24K gold has dropped by nearly Rs 23,400 per 100 grams, indicating strong selling pressure in the bullion market. Investor sentiment has remained cautious amid elevated crude oil prices and stalled US-Iran peace talks, which continue to fuel concerns over inflation and the possibility of prolonged higher interest rates.
Adding to geopolitical focus, Iran’s top diplomat is expected to travel to Pakistan this weekend for discussions, according to officials cited by The Associated Press.
Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices Per Gram
24 Karat Gold Rate Today in India
Breaking down the latest prices, 24K gold stood at Rs 15,295 per gram on April 24, compared to Rs 15,355 a day earlier. For 8 grams, the price was Rs 1,22,360, down by Rs 480, while 10 grams were priced at Rs 1,52,950, reflecting a decline of Rs 600. On a larger scale, 100 grams of 24K gold was valued at Rs 15,29,500, marking a drop of Rs 6,000 from the previous session.
22 Karat Gold Rate Today in India
For 22K gold, commonly used in jewellery, the rate for 1 gram was Rs 14,020, down from Rs 14,075. Prices for 8 grams stood at Rs 1,12,160, showing a decline of Rs 440, while 10 grams were priced at Rs 1,40,200, down by Rs 550. Meanwhile, 100 grams of 22K gold cost Rs 14,02,000, registering a fall of Rs 5,500.
18 Karat Gold Rate Today in India
18 Karat gold also witnessed a similar downward trend. The price per gram was recorded at Rs 11,471, slipping by Rs 45 compared to the previous day. For 8 grams, the rate was Rs 91,768, down Rs 360, while 10 grams were priced at Rs 1,14,710, reflecting a decline of Rs 450. On a bulk level, 100 grams of 18K gold stood at Rs 11,47,100, down by Rs 4,500.
MCX Gold Price Trends; Gold at Lowest Level at MCX
In the domestic futures market, gold prices also remained under pressure. The near-month gold futures contract on the Multi Commodity Exchange of India slipped by Rs 1,011 per 10 grams, hitting an intraday low of Rs 1,50,750. This marks the lowest level for MCX gold since April 9, reflecting continued weakness in investor sentiment.
Spot Gold Price Trends
Globally, however, spot gold showed signs of recovery. Prices climbed back above USD 4,700 per ounce on Friday, supported by cautious optimism around potential progress in US-Iran peace negotiations. The rebound suggests that while short-term pressures persist, underlying safe-haven demand remains intact.
Gold Rate Outlook Ahead US-Iran Negotiations
“The recent decline in gold prices from record highs points to some profit taking, but the broader trend remains supported by safe haven demand, central bank buying, and lingering global uncertainty……….. In the near term, prices are likely to stay volatile rather than move in a clear direction, as markets balance fear driven buying against periods of calmer sentiment and stronger dollar conditions,” said Rajeev Sharan, Head of Research, Brickwork Ratings.