MCX, Gold Rates in India Slide Amid Inflation & US-Iran Tensions; Will Weakness Continue on 14 April? Outlook

Gold rate in India began the week on a weaker note on April 13, 2026, reversing the gains on the occassion of Puthandu, Pohela Boishakh, Vaisakhi and Vishu 2026. Despite strong seasonal buying, prices softened in the latest trading session as global cues and macroeconomic factors weighed on sentiment.

Gold Rate in India: Check Latest 22K, 24K & 18K Gold Prices Per Gram on Puthandu, Pohela Boishakh, Vaisakhi and Vishu 2026

24 Karat Gold Rate Today in India

The price of 24K gold declined by Rs 38 to Rs 15,246 per gram, compared to Rs 15,284 in the previous session. Similarly, 22K gold slipped by Rs 35 to Rs 13,975 per gram from Rs 14,010.

For larger quantities, 24K gold is priced at Rs 1,52,460 per 10 grams and Rs 15,24,600 per 100 grams, marking a drop of Rs 380 and Rs 3,800 respectively.

22 Karat Gold Rate Today in India

Meanwhile, 22K gold stands at Rs 1,39,750 per 10 grams and Rs 13,97,500 per 100 grams.

18 Karat Gold Rate Today in India

In the lower purity segment, 18K gold also witnessed a decline, falling Rs 29 to Rs 11,434 per gram. Prices for 10 grams and 100 grams of 18K gold are currently at Rs 1,14,340 and Rs 11,43,400 respectively.

MCX Gold Rate Trends

On the derivatives front, gold futures for June delivery on the Multi-Commodity Exchange (MCX) fell sharply during intraday trade. Prices dropped by as much as 0.8%, or Rs 1,195, hitting an intraday low of Rs 1,51,457 per 10 grams. The decline indicates cautious sentiment among traders amid evolving global developments.

Spot Gold Price Trends

In the international market, spot gold prices also edged lower, slipping toward $4,700 an ounce on Monday. The dip comes after last week's gains, as investors reassess risk amid geopolitical tensions and economic signals.

Inflation and Global Tensions Weigh on Bullion Prices

India's retail inflation, measured by the Consumer Price Index (CPI), rose slightly to 3.40% in March 2026 from 3.21% in February. The uptick in inflation has added another layer of complexity to the gold market, influencing expectations around interest rates and monetary policy.

At the same time, geopolitical tensions escalated after the United States announced plans to blockade the Strait of Hormuz following unsuccessful weekend talks with Iran. The move has heightened concerns over a potential global energy crisis, adding volatility to commodity markets, including gold.

Gold Rate Prediction: Check Expert's View

"Gold prices fell after marking a weekly gain as US -Iran talks fail over the weekend and escalation around the strait of Hormuz increase. While sentiment improved after U.S. President Trump announced a temporary truce, lingering uncertainties around the durability of the agreement," said Manav Modi, Commodities Analyst, Motilal Oswal Financial Services Ltd.

"As a result, gold remains caught between geopolitical support and macroeconomic headwinds, with price action driven by inflation trends, interest rate expectations and ongoing developments in the Middle East conflict," he added.

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