Gold Rates In India Today (24-04-2026) Crash; 24 Carat Gold Falls By Rs 28,300 In 5 Days; 22K, 18K Gold Here

Gold rates in India continue to crash for fourth consecutive day on April 24. However, gold prices have been under pressure throughout this week, with 24 carat gold nosediving by Rs 28,300 in 100 grams and down by Rs 2,830 in 10 grams. Silver prices have also been fragile due to hostilities at Strait of Hormuz and uncertain geopolitical conditions between US-Israel and Iran. Dollar firmed near 98.8 and crude oil prices climbed by 1-2% on Friday, dulling the shine of precious metals.

Gold Rates In India

24 Carat Gold Rates In India Today

On April 24, 24 carat gold price fell by Rs 6,000 in 100 grams. While the same gold recorded its worst single-day performance this week with Rs 12,000 decline on April 23. Earlier, 100 grams gold dipped by Rs 5,400 on April 22 and was flat on April 21. But gold started this week with Rs 4,900 drop on April 20.

Accordingly, from April 20th to April 24th, 100 grams gold price plunged by Rs 28,300. The 10 grams gold dropped by Rs 2,830 during these days.

Thereby, the current 10 grams gold price stood at Rs 1,52,950 on April 24, down by Rs 600 alone. Further, 100 grams gold that dipped by Rs 6,000 on Friday stood at Rs 15,29,500. Additionally, 8 grams gold is down by Rs 480 to Rs 1,22,360 and 1 gram gold dropped by Rs 60 to Rs 15,295.

22 Carat Gold Rates In India Today:

Here, 10 grams gold is down by Rs 550 to Rs 1,40,200 and 100 grams gold nosedived by Rs 5,500 to Rs 14,02,000. The price of 8 grams gold declined by Rs 440 to Rs 1,12,160 and 1 gram gold price is lower by Rs 55 to Rs 14,020.

18 Carat Gold Rates In India Today:

18 carat gold price plunged by Rs 4,500 on April 24 to Rs 11,47,100 per 100 grams, while 10 grams gold tumbled by Rs 450 to Rs 1,14,710. Also, 8 grams gold slipped by Rs 360 to Rs 91,768 and 1 gram gold dipped by Rs 45 to Rs 11,471.

What Is Impacting Gold Rates In India Today?

According to Kedia Advisory, gold prices declined due to a stronger U.S. dollar and rising crude oil prices, which have heightened inflation concerns and reduced the metal's appeal. Market sentiment remained cautious amid stalled U.S.-Iran negotiations, with tensions persisting after Iran seized vessels in the Strait of Hormuz and no clear progress on peace talks. While the U.S. signaled an indefinite extension of the truce, uncertainty around its effectiveness kept volatility elevated. Rising energy prices have fueled expectations of tighter monetary policy, further pressuring gold.

On the physical side, Swiss gold exports rose 30% month-on-month in March, driven by increased shipments to the UK and China, while supplies to India dropped sharply due to subdued demand and import restrictions. Domestic demand in India remained weak ahead of Akshaya Tritiya, as high prices discouraged retail buying, while premiums in China held steady but showed signs of softening. Central bank demand continued to provide some underlying support, with China adding 160,000 ounces to its reserves in March, marking its 17th consecutive month of purchases.

Further, Kedia Advisory highlighted that Globally, central banks remained net buyers, although some countries reduced holdings to support their currencies. Meanwhile, India's gems and jewellery exports declined to a five-year low, reflecting weaker demand from the U.S. due to tariff pressures.

Silver Rate In India Today:

Silver rates in India plunged by Rs 100 to Rs 2,59,900 per 1Kg, while 100 grams and 10 grams silver price dropped by Rs 10 and Re 1 to Rs 25,990 and Rs 2,599. The 8 grams silver edged lower by Rs 0.80 to Rs 2,079.20 and 1 gram silver is lower by Rs 0.10 to Rs 259.90.

What Is Impacting Silver Rates In India Today?

As per Kedia Advisory, silver declined as persistent geopolitical tensions and rising energy prices continued to weigh on sentiment. The ongoing blockade of the Strait of Hormuz and escalating friction between the U.S. and Iran have kept crude oil prices elevated, fueling inflation concerns and increasing expectations of tighter monetary policy-factors that typically pressure precious metals like silver.

Despite the geopolitical backdrop, macroeconomic data from the U.S. remained supportive of a stronger economic outlook. Jobless claims rose slightly but stayed close to expectations, while manufacturing activity showed notable strength, with the PMI climbing to its highest level in nearly two years. This resilience in economic data has further reduced the appeal of silver as a safe-haven asset.

On the demand side, the experts highlighted that China continues to provide underlying support. Imports surged to a record 836 metric tonnes in March, driven by strong retail investment demand and aggressive stockpiling by the solar (PV) sector ahead of tax changes. Elevated domestic premiums encouraged global inflows into China, with Hong Kong acting as a key transit hub.

Meanwhile, London vault holdings rose 1.6% to 27,487 tonnes, indicating stable institutional positioning.

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