Gold Price Today In India (Gold price today) 17 April 2026: Gold prices on Friday were trading nearly steady and were on track for a weekly gain, supported
by reduced geopolitical tension due to resumed talks between the US and Iran. However, investors are closely watching any developments related to the Middle East, which could guide the further direction of bullion. As of 9:35 am, spot gold was up 0.1 per cent, or USD 4, to trade at 4,795. Prices have risen nearly 1 per cent for the week so far. At the domestic level, gold futures for the June contract were flat at Rs 1,53,105. Additionally, demand for the yellow metal has increased due to the ongoing wedding season along with Akshaya Tritiya. Buying gold is considered auspicious during these times in India. Gold prices have improved over the last week following news that US-Iran talks could resume, after the initial talks held on April 11–12 in Islamabad, Pakistan, did not yield results.
Dollar weakness aids gold
The dollar was trading nearly steady but was on track for a weekly decline. Prices have declined 0.6 per cent in the last week and about 1.5 per cent over the past month. A weaker US dollar typically supports higher gold prices because gold becomes cheaper for non-USD buyers and is seen as a hedge against dollar depreciation.Oil prices fall sharply
In another geopolitical development, a 10-day ceasefire in Lebanon, pausing fighting between Israel and Iran-backed Hezbollah, has gone into effect.On the crude oil front, prices fell sharply after the US announced a ceasefire between Israel and Lebanon, raising hopes for peace in the Middle East. The oil benchmark, West Texas Intermediate (WTI), was headed for a steep weekly loss on Friday.
A decline in oil prices is beneficial for gold, as it reduces the chances of inflation, increasing the likelihood of a rate cut. This supports gold despite its traditional role as an inflation hedge.
US Jobless claims data
On the data front, new applications for US unemployment benefits fell last week, suggesting labour market conditions remain stable. However, employers are cautious about hiring as the war with Iran casts a shadow over the economy, Reuters reported.City-wise 24K, 22K and 18K Gold rate (Per 10 Grams)
| City Name | 24-carat gold (10 grams) | 22-carat gold (10 grams) | 18-carat gold (10 grams) |
| Gold Rate in Chennai | 156660 | 143600 | 119800 |
| Gold Rate in Bengaluru | 155570 | 142600 | 116680 |
| Gold Rate in Delhi | 155720 | 142750 | 116830 |
| Gold Rate in Mumbai | 155570 | 142600 | 116680 |
| Gold Rate in Trivandrum | 155570 | 142600 | 116680 |
| Gold Rate in Kolkata | 155570 | 142600 | 116680 |
| Gold Rate in Hyderabad | 155570 | 142600 | 116680 |
| Gold Rate in Patna | 155620 | 142650 | 116730 |
| Gold Rate in Lucknow | 155720 | 142750 | 116830 |
Today gold rate by IBJA
The India Bullion and Jewellers Association (IBJA) sets the daily “base price” of gold in India, which serves as the national benchmark for bullion rates. In simple terms, IBJA rates act as the reference price across the country. Below is a breakdown of gold prices based on different purity levels (carats) as defined by IBJA.| Purity by carat | Morning rates | Evening rates |
| 24 carat gold | Rs 1,53,110 per 10 grams | - |
| 23 carat gold | Rs 1,52,490 per 10 grams | - |
| 22 carat gold | Rs 1,40,250 per 10 grams | - |
| 18 carat gold | Rs 1,14,830 per 10 grams | - |
| 14 carat gold | Rs 89,570 per 10 grams | - |
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
