Drop in MCX, Gold Rates in India Amid US-Iran Negotiation: Will Gold Price Today on April 22 Break Lower?

Gold rates in India remained largely unchanged in the latest trading session after witnessing a decline in the previous session, reflecting a cautious undertone in the bullion market. The yellow metal showed stability across purity levels, even as global cues and geopolitical developments continued to influence investor sentiment.

Crash in Gold Rates Amid US-Iran Negotiations

In the domestic market, 24 Karat (24K) gold was steady at around Rs 15,529 per gram, while 22 Karat (22K) gold remained unchanged at Rs 14,235 per gram. This stability follows a decline of Rs 49 in 24K gold and Rs 45 in 22K gold recorded in the earlier trading session.

Market participants remained watchful as geopolitical uncertainty persisted, particularly around the upcoming second round of talks between the United States and Iran ahead of the expiry of their two-week ceasefire. This cautious environment kept gold prices from rising further, while also limiting fresh downside.

Gold Rate in India: Check Latest 22K, 24K & 18K Gold Prices Per Gram

24 Karat Gold Rate Today in India

For 24 Karat gold, prices remained unchanged across all weight categories. The rate stood at Rs 15,529 per gram, with no movement compared to the previous session.

On a broader scale, 8 grams of 24K gold was priced at Rs 1,24,232, while 10 grams stood at Rs 1,55,290. For bulk buyers, 100 grams of 24K gold was valued at Rs 15,52,900, indicating complete stability in pricing.

22 Karat Gold Price Today in India

Similarly, 22 Karat gold prices also remained flat in the latest session. The per gram rate held steady at Rs 14,235.

For 8 grams, the price was Rs 1,13,880, while 10 grams was priced at Rs 1,42,350. On a larger scale, 100 grams of 22K gold was valued at Rs 14,23,500, reflecting no change across all quantities.

18 Karat Gold Rate Today in India

Gold prices in the lower purity segment also showed no movement. The rate for 18 Karat gold stood at Rs 11,647 per gram, unchanged from the previous day.

For 8 grams, the price was Rs 93,176, while 10 grams was recorded at Rs 1,16,470. On a bulk basis, 100 grams of 18K gold was priced at Rs 11,64,700, maintaining a steady trend.

MCX Gold Prices Trends: Check Latest MCX Rates

On the futures front, gold prices on the Multi Commodity Exchange (MCX) witnessed some pressure. Gold futures for the June 5, 2026 expiry were trading at around Rs 1,51,713 per 10 grams, down by Rs 2,230 or 1.45%.

The average price during the session stood at Rs 1,53,160.18, while the previous close was at Rs 1,53,943. The decline reflects cautious trading amid global uncertainties and a stronger US dollar.

Spot Gold Prices Trends

In the international market, spot gold prices declined toward $4,700 per ounce on Tuesday, marking the lowest level in about a week. The fall was mainly attributed to a stronger US dollar, which typically reduces the appeal of gold for investors holding other currencies.

Market sentiment was also influenced by ongoing uncertainty surrounding US-Iran negotiations and developments related to the Senate confirmation hearing of Federal Reserve Chair nominee Kevin Warsh.

Gold Price Outlook Ahead for 22 April 2026

"Markets are closely watching for clarity on whether the Islamabad talks will proceed, and if so, whether they result in a ceasefire extension or a broader peace agreement. Gold's price direction will continue to be driven by Middle East outcomes and their downstream effects on energy costs and inflation expectations.

Gold is trading in the range of $4750 (~ Rs 152,500) and $4850 (~Rs 155,000) from past few days. Either side breakout or breakdown will give 3-4% directional move," stated Augmont.

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