Why are gold prices down today?
Divya Mandaliya, commodity research analyst, Anand Rathi Shares and Stock Brokers, told ET Wealth Online gold is heading for a weekly loss (3%), snapping its recent rally, as prices slipped toward $4,670/oz.
Mandaliya says despite escalating US-Iran tensions and disruptions in the Strait of Hormuz, bullion is struggling to attract strong safe-haven flows.
Mandaliya attributes its reasons to surging Brent crude prices which are hovering around $106/bbl. The expert says these prices are stoking inflation fears and reinforcing expectations of higher-for-longer interest rates.
Will gold prices rise or fall?
Mandaliya says unless there is a fresh geopolitical flare-up, gold is likely to drift lower or consolidate near key support levels.
“Focus will remain on US Michigan sentiment data due later this evening, which could influence short-term dollar and yield movements. Attention is also shifting toward next week’s Fed policy decision, where rates are widely expected to remain unchanged, reinforcing the higher-for-longer narrative,” says Mandaliya.
Gold rates today (April 24, 2026)
With many factors set to influence gold rates in the near future, let’s check gold rates at leading jewellery brands such as Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds and Joyalukkas. Also check retail selling rates for gold and silver jewellery IBJA today (April 24, 2026).
18k, 22k, 24k gold rates at Tanishq
Tanishq’s latest price for 22k gold jewellery is Rs 14,060 per gram as of April 24, 2026, in New Delhi, Mumbai, Kolkata, Chennai and Bengaluru. The price of 22k gold on April 23, 2026, was Rs 14,115.
Tanishq 18k, 22k, 24k gold prices in last 5 days
| Date | 18k (Rs) | 22k (Rs) | 24k (Rs) |
| 24-04-2026 | 11,504 | 14,060 | 15,338 |
| 23-04-2026 | 11,549 | 14,115 | 15,398 |
| 22-04-2026 | 11,639 | 14,225 | 15,518 |
| 21-04-2026 | 11,680 | 14,275 | 15,573 |
| 20-04-2026 | 11,680 | 14,275 | 15,573 |
18k, 22k, 24k gold rates at Joyalukkas
Joyalukkas’ latest price for 22k gold jewellery is Rs 14,020 per gram as of April 24, 2026, in New Delhi, Chennai, Mumbai, Kolkata and Bengaluru. The price of the same variety of gold on April 23, 2026, was Rs 14,075.
Joyalukkas gold rates on April 24, 2026
| Purity | Rate (Rs) |
| 24k | 15,295 |
| 22k | 14,020 |
| 18k | 11,471 |
22k gold price at Kalyan Jewellers
The latest price for 22k gold jewellery at Kalyan Jewellers is Rs 14,020 per gram as of April 24, 2026, in New Delhi, Mumbai, Kolkata, Chennai and Bengaluru. The price of 22k gold on April 23, 2026, was Rs 14,075.
22k, 24k gold rate at Malabar Gold & Diamonds
Malabar Gold & Diamonds’ latest price for 22k gold jewellery is Rs 14,020 per gram as of April 24, 2026, in New Delhi, Mumbai, Chennai, Kolkata and Bengaluru. The rate of 22k gold on April 23, 2026, was Rs 14,075.
Malabar Gold & Diamonds’ gold rates on April 24, 2026
| Purity | Rate (Rs/gm) |
| 22k (916) | 14,020 |
| 24k (999) | 15,295 |
Note: All rates are updated as per jewellery brands’ respective websites at 2:35 pm, April 24, 2026. The rates may change during the day and can vary depending on states, taxes and other applicable charges.
IBJA’s indicative retail selling prices for gold and silver jewellery April 24, 2026 (AM rates)
| Purity | Rate (Rs) |
| 24k (999) | Rs 15,066 |
| 22k | Rs 14,705 |
| 20k | Rs 13,409 |
| 18k | Rs 12,204 |
| 14k | Rs 9,718 |
IBJA’s indicative retail selling rates for gold and silver jewellery April 23, 2026 (PM rates)
| Purity | Rate (Rs) |
| 24k (999) | Rs 15,106 |
| 22k | Rs 14,743 |
| 20k | Rs 13,444 |
| 18k | Rs 12,236 |
| 14k | Rs 9,743 |
IBJA gold and silver rate comparison: April 24, 2026 (AM) vs April 23, 2026 (PM)
| Purity | 23 Apr PM (Rs) | 24 Apr AM (Rs) | Difference (Rs) |
| 24k (999) | 15,106 | 15,066 | -40 |
| 22k | 14,743 | 14,705 | -38 |
| 20k | 13,444 | 13,409 | -35 |
| 18k | 12,236 | 12,204 | -32 |
| 14k | 9,743 | 9,718 | -25 |
