MCX, Gold Rate in India Recovers After Sharp Drop; Will Gold Price Today Decline on 27 April 2026? Outlook

Gold rate in India remained steady in the latest trading session on April 26, 2026, after witnessing a sharp correction earlier in the week. The yellow metal has shown signs of stabilisation across purity levels, even as overall sentiment in the bullion market continues to stay cautious.

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

At the close of the session, 24 Karat (24K) gold was quoted at Rs 15,404 per gram, while 22 Karat (22K) gold stood at Rs 14,120 per gram. Meanwhile, 18 Karat (18K) gold was priced at Rs 11,553 per gram. Despite this stability, the broader trend over the past week has been negative.

Notably, 24K gold has dropped by around Rs 223 per gram-translating into a significant Rs 22,300 fall per 100 grams between April 20 and April 23-highlighting the intensity of the recent sell-off.

24 Karat Gold Rate Today in India

A closer look at 24K gold prices shows no change from the previous session, indicating a pause after recent volatility. The rate remains at Rs 15,404 per gram. For standard buying quantities, 8 grams are priced at Rs 1,23,232, while 10 grams cost Rs 1,54,040. For bulk purchases, 100 grams of 24K gold are valued at Rs 15,40,400.

22 Karat Gold Rate Today in India

22K gold, which is widely used for jewellery, also remained unchanged in the latest session. The per gram rate stands at Rs 14,120. For 8 grams, the price is Rs 1,12,960, while 10 grams are available at Rs 1,41,200. On a larger scale, 100 grams are priced at Rs 14,12,000.

18 Karat Gold Rate Today in India

The trend extends to 18K gold as well, with prices holding firm. The rate is steady at Rs 11,553 per gram. For 8 grams, the cost is Rs 92,424, while 10 grams are priced at Rs 1,15,530. For those dealing in larger quantities, 100 grams of 18K gold are valued at Rs 11,55,300.

MCX Gold Price

In the futures market, gold traded on the Multi Commodity Exchange of India (MCX) posted a modest gain. The near-month contract settled at Rs 1,52,799 per 10 grams, rising by Rs 1,038 or 0.7% in the latest session.

However, this recovery comes after a weak week overall. On a weekly basis, MCX gold is still down by Rs 359 or 0.23%, indicating that the broader trend remains under pressure despite short-term buying at lower levels.

Gold Rate Outlook Today on 27 April 2026

Looking ahead, market experts suggest that gold may continue to witness fluctuations rather than a clear directional trend in the near term.

"Increasingly, gold is behaving less like a speculative bet and more like a strategic hedge, with its fluctuations reflecting the market's ongoing pull between risk taking and caution. In the near term, prices are likely to stay volatile rather than move in a clear direction, as markets balance fear driven buying against periods of calmer sentiment and stronger dollar conditions," said Rajeev Sharan, Head of Research, Brickwork Ratings.

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