Gold prices steady amid US-Iran tensions

• Gold prices remained nearly flat on MCX on Tuesday, 21 April.
• June gold futures traded at Rs 1,53,892 amid US-Iran tensions.
• Investors await US retail sales data and jobless claims data.

Gold Rate Today, April 21: Gold Rate Today, April 21: Gold prices traded nearly flat on Tuesday, April 21, on the Multi-Commodity Exchange as investors

closely tracked developments in the Middle East amid the US-Iran conflict. As of 9:45 am, June gold futures on MCX were almost unchanged at Rs 1,53,892. Internationally, spot gold slipped 0.5 per cent (USD 26) to USD 4,794.57, after hitting a one-week low in the previous session due to renewed inflation concerns and tensions around the Strait of Hormuz.

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

Gold prices remain largely uniform across cities, with minor variations. Chennai records the highest rates across all purities, while Bengaluru, Mumbai, Kerala, Kolkata, and Hyderabad share identical pricing. Northern cities like Delhi, Lucknow, and Patna show slightly higher rates than most southern and eastern markets, indicating limited regional price dispersion.

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	-

(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.)