Saturday, April 18, 2026, as the market enters a consolidation phase ahead of the auspicious festival of Akshaya Tritiya (April 19). After a significant rally over the last fortnight—fueled by geopolitical tensions—rates have slightly eased from their recent record highs.
Domestic Gold Rates (India)
The average retail prices across major cities are as follows:
| Gold Purity | Price per Gram | Price per 10 Grams |
| 24K (99.9% Pure) | ₹15,420 | ₹1,54,200 |
| 22K (91.6% Pure) | ₹14,135 | ₹1,41,350 |
| 18K (75% Pure) | ₹11,565 | ₹1,15,650 |
Note: Prices exclude GST (3%) and local making charges.
City-Wise 24K Gold Rates (per 10g)
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Delhi: ₹15,435
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Mumbai: ₹15,420
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Chennai: ₹15,501
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Kolkata: ₹15,420
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Bhopal/Madhya Pradesh: ₹15,047
Market Analysis & Trends
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Akshaya Tritiya Demand: Despite high prices, retail demand is peaking as consumers flock to jewelry stores for the festival. Markets have seen a 3.30% gain in value over the last two weeks alone.
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Geopolitical Impact: Experts note that gold is currently “range-bound” as investors await news on US-Iran ceasefire talks. A de-escalation in conflict has led to a slight pullback from peak levels, but uncertainty remains.
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Future Outlook: Analysts at Enrich Money and LKP Securities suggest that if ceasefire talks conclude positively, gold could see a further rally of 5% to 6%, potentially reaching levels of ₹1,63,000 per 10 grams in the coming weeks.
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International Spot Price: Globally, gold is trading near $4,849 per ounce on the COMEX exchange.
Silver Update: Silver prices remain stable today, trading at approximately ₹2,64,900 per kilogram in major Indian markets.
