Gold Rate Today: Gold prices in India saw a decline as global geopolitical tensions continued to influence investor sentiment. The ongoing conflict involving Iran, Israel and the United States has kept financial markets on edge, leading to fluctuations in the price of the yellow metal. According to data released by the Indian Bullion and Jewellers Association (IBJA), the price of 24-carat gold dropped to Rs 1,58,399 per 10 grams by the close of trading on Friday. Since bullion markets remain closed on Saturday and Sunday, these prices are expected to stay unchanged over the weekend.
The latest IBJA figures also outline gold rates across different purity levels, which are important for both investors and jewellery buyers. As per the data, 24-carat gold is priced at Rs 1,58,399 per 10 grams, 22-carat gold at Rs 1,45,093 per 10 grams, and 18-carat gold at Rs 1,18,799 per 10 grams.
According to the All India Sarafa Association, the price of 99.9 percent pure gold, commonly known as 24-carat gold, dropped in Delhi’s bullion market. The rate slipped by Rs 2,000, representing a fall of around 1.21 percent, bringing the price to Rs 1,65,200 per 10 grams (including all taxes). In the previous trading session, gold had been quoted at the same level of Rs 1,65,200 per 10 grams.
Gold Futures See Slight Decline on MCX
The futures market also reflected mild weakness in gold prices. On the Multi Commodity Exchange (MCX), gold futures slipped by Rs 66 or 0.04 percent to Rs 1,58,400 per 10 grams by evening trade. During the previous trading day, the contract had settled at Rs 1,58,466 per 10 grams.
Despite the latest dip, gold prices remain near historically high levels. Earlier this year, the precious metal touched a record high of Rs 1,80,779 per 10 grams in the futures market on January 29, highlighting the strong demand for gold amid global uncertainties.
City-Wise Gold Rates in India
City
24K Today (Rs) Gold Rate
22K Today (Rs) Gold Rate
18K Today (Rs) Gold Rate
Chennai
Rs 16,255
Rs 14,899
Rs 12,549
Mumbai
Rs 16,068
Rs 14,729
Rs 12,051
Delhi
Rs 16,083
Rs 14,744
Rs 12,066
Kolkata
Rs 16,068
Rs 14,729
Rs 12,051
Bangalore
Rs 16,068
Rs 14,729
Rs 12,051
Hyderabad
Rs 16,068
Rs 14,729
Rs 12,051
Kerala
Rs 16,068
Rs 14,729
Rs 12,051
Pune
Rs 16,068
Rs 14,729
Rs 12,051
Vadodara
Rs 16,073
Rs 14,734
Rs 12,056
Ahmedabad
Rs 16,073
Rs 14,734
Rs 12,056
Jaipur
Rs 16,083
Rs 14,744
Rs 12,066
Lucknow
Rs 16,083
Rs 14,744
Rs 12,066
Coimbatore
Rs 16,255
Rs 14,899
Rs 12,549
Madurai
Rs 16,255
Rs 14,899
Rs 12,549
Vijayawada
Rs 16,068
Rs 14,729
Rs 12,051
Patna
Rs 16,073
Rs 14,734
Rs 12,056
Nagpur
Rs 16,068
Rs 14,729
Rs 12,051
Chandigarh
Rs 16,083
Rs 14,744
Rs 12,066
Surat
Rs 16,073
Rs 14,734
Rs 12,056
Bhubaneswar
Rs 16,068
Rs 14,729
Rs 12,051
Mangalore
Rs 16,068
Rs 14,729
Rs 12,051
Visakhapatnam
Rs 16,068
Rs 14,729
Rs 12,051
Nashik
Rs 16,071
Rs 14,732
Rs 12,054
Mysore
Rs 16,068
Rs 14,729
Rs 12,051
Salem
Rs 16,255
Rs 14,899
Rs 12,549
Rajkot
Rs 16,073
Rs 14,734
Rs 12,056
Trichy
Rs 16,255
Rs 14,899
Rs 12,549
Ayodhya
Rs 16,083
Rs 14,744
Rs 12,066
Cuttack
Rs 16,068
Rs 14,729
Rs 12,051
Why Investors Are Watching Gold Closely
Gold remains one of the most preferred safe-haven assets during times of geopolitical instability and economic uncertainty. The ongoing tensions in West Asia have prompted investors to closely monitor movements in gold prices, global inflation trends, and currency fluctuations.
Market participants believe that geopolitical developments and global economic signals will continue to shape gold prices in the coming weeks.
