What is the story about?
Gold Rate Today, April 21: Gold prices traded nearly flat on Tuesday (April 21), as investors across the globe kept a close watch on developments in the Middle
East related to the US-Iran conflict. As of 5:15 am, spot gold was up 0.1 per cent at USD 4,824.02. Prices had slipped to a one-week low in the previous session, weighed down by renewed inflation fears following the closure of the Strait of Hormuz. On the domestic front, gold futures for the June contract were not trading at the time of writing. However, prices had settled nearly flat in the previous session at Rs 1,53,902.
US dollar strength supports gold
The US dollar showed strength for the second consecutive session, with the dollar index, measured against a basket of six major currencies, trading near USD 98.07. A stronger dollar makes gold more attractive to foreign buyers.Diplomatic developments offer support
Providing some relief and limiting further downside, President Donald Trump stated that a US team led by Vice President JD Vance is on its way to Islamabad.Oil prices decline
Oil prices slipped on Tuesday, with WTI futures down 1.3 per cent, or USD 1.1, at USD 86.29. Weaker oil prices are beneficial for gold, as they reduce inflation concerns and increase the likelihood of a rate cut, creating a supportive environment for the metal.Key data points in focus
Apart from geopolitical developments, investors are now looking ahead to US retail sales data due later in the day, as well as initial jobless claims scheduled for release on Thursday.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 | 156000 | 143000 | 118550 |
| Gold Rate in Bengaluru | 155290 | 142350 | 116470 |
| Gold Rate in Delhi | 155440 | 142500 | 116620 |
| Gold Rate in Mumbai | 155290 | 142350 | 116470 |
| Gold Rate in Kerala | 155290 | 142350 | 116470 |
| Gold Rate in Kolkata | 155290 | 142350 | 116470 |
| Gold Rate in Hyderabad | 155290 | 142350 | 116470 |
| Gold Rate in Patna | 155340 | 142400 | 116520 |
| Gold Rate in Lucknow | 155440 | 142500 | 116620 |
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 1,52,096 per 10 grams | - |
| 23 carat gold | Rs 1,51,487 per 10 grams | - |
| 22 carat gold | Rs 1,39,320 per 10 grams | - |
| 18 carat gold | Rs 1,14,072 per 10 grams | - |
| 14 carat gold | Rs 1,14,072 per 10 grams | - |
