Current Gold Prices in India: April 26, 2026 Update

Gold Price Trends on April 26, 2026

Gold Rate Overview: On Sunday, April 26, 2026, gold prices in India showed continued volatility, influenced by global uncertainties and geopolitical issues. The All India Sarafa Association reported that the cost of 24-carat gold in Delhi fell to Rs 1,55,900 per 10 grams, including taxes. Meanwhile, futures prices on the Multi Commodity Exchange saw a slight increase of 0.07 percent, or Rs 100, closing at Rs 1,52,799 per 10 grams on Friday. According to the Indian Bullion and Jewellers Association, the closing price for 24-carat gold was Rs 1,51,479 on Friday, and with markets closed over the weekend, these rates will remain in effect. Despite recent fluctuations, gold prices are still below the peak of Rs 1,80,779 per 10 grams recorded on January 29 in the futures market. Globally, spot gold prices were around $4,708.17 per ounce.

Gold Rates in Major Cities

Factors Influencing Gold Prices

Gold prices have faced downward pressure recently due to a combination of international and domestic factors. The strength of the US dollar and stable bond yields have diminished the attractiveness of gold, a non-yielding asset. Additionally, geopolitical tensions in West Asia, particularly concerning Iran and the Strait of Hormuz, have contributed to market uncertainty. Saumil Gandhi remarked that gold is trading near a two-week low, with rising energy costs and inflation worries, alongside a stronger dollar, limiting significant price increases. Market analysts suggest that gold prices may continue to fluctuate in the near future, with Jatin Trivedi noting that developments in West Asia are crucial in shaping market sentiment, particularly tensions involving Iran, Israel, and the US presence in the Strait of Hormuz.