new Delhi | Tuesday, April 14, 2026 — Gold prices in India have witnessed a slight correction this morning, dipping by approximately ₹380 per 10 grams compared to yesterday’s highs. While the long-term outlook remains bullish due to global uncertainty, a stronger US Dollar and reignited inflation fears following the US naval blockade of the Strait of Hormuz are currently weighing on bullion.
Morning Rate Card: April 14, 2026
As of 9:30 AM IST, retail gold prices across major Indian cities are stabilizing around the ₹1.52 Lakh mark for 24K.
| Gold Purity | Price per 1 Gram | Price per 10 Grams | Morning Trend |
| 24K Gold (99.9%) | ₹15,245 | ₹1,52,450 | 📉 Down ₹380 |
| 22K Gold (91.6%) | ₹13,974 | ₹1,39,740 | 📉 Down ₹350 |
| 18K Gold (75%) | ₹11,433 | ₹1,14,330 | 📉 Down ₹290 |
City-Wise Snapshots (24K Gold per 10g)
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Delhi: ₹1,52,600
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Mumbai: ₹1,52,450
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Chennai: ₹1,53,370 (Highest in India due to strong local demand)
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Bangalore: ₹1,52,450
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Ahmedabad: ₹1,52,500
Key Market Drivers Today
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Dollar Dominance: The US Dollar has rallied as investors favor it as a primary safe haven over non-yielding assets like gold during the current energy shock and Middle East tensions.
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Inflation vs. Interest Rates: While gold is a hedge against inflation, fears that persistent high inflation will force central banks to keep interest rates “higher for longer” are creating short-term pressure on prices.
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Akshaya Tritiya Demand: Despite the high prices, jewelers are reporting strong pre-bookings for Akshaya Tritiya, which falls next week (April 19/20). Experts believe this retail demand will provide a strong floor for prices at the ₹1.50 Lakh level.
Investment Outlook
International spot gold is currently trading around $4,720 per ounce. Financial giants like Goldman Sachs maintain an ambitious long-term target of $5,400 per ounce by late 2026, which could push Indian domestic rates toward ₹1.8 Lakh per 10 grams later this year.
Consumer Tip: When purchasing for the upcoming festival, ensure you verify the HUID on the BIS Care app. For investment purposes, Gold ETFs remain a popular choice, with top funds showing a 5-year CAGR of over 27%.
