Friday Gold Rate: Gold rates reduced again, know where the price of 10 grams reached on April 24

There is a continuous decline in the prices of gold and silver in the Indian bullion market. Due to international pressure and lack of domestic demand, prices have softened. The increasing tension between America and Iran, rise in crude oil prices and strengthening of the US dollar have had a direct impact on precious metals. On April 24, 2026, the price of 10 grams of 24 carat gold in the Indian bullion market was recorded at Rs 153,100. At the same time, the price of 10 grams of 22 carat gold is Rs 140,350. Earlier on Thursday (April 23, 2026), the price of gold had closed at Rs 1,53,700. Silver is trending around Rs 2.60,000 lakh.

US President Donald Trump has indicated military action against Iran, which has increased tension in the Middle East and there is a possibility of inflation increasing, due to which there is an atmosphere of uncertainty in the market. However, the US President has only 7 days to continue the war because according to the US Constitution, any war has to be approved by Parliament within 60 days. Usually, gold is expensive in war situations, but this time the case is the opposite. Crude oil prices have once again crossed $ 106 an ounce. Unless the tension ends, it is a bit difficult for crude oil prices to improve.

If inflation increases, central banks may increase interest rates further, which will not be a good sign for gold. The market’s focus is also now on the monetary policy meeting of the US Federal Reserve (Fed) to be held on April 28-29, 2026, which will prove to be a major factor in deciding the future direction. Investors are also keeping an eye on this meeting to decide the prices of gold and silver and the direction of the stock market. At the same time, many countries like China are also purchasing more gold to reduce their dependence on the dollar.

Wedding season is going on in India, hence there is an increase in the purchase of jewelery and coins, but due to fluctuations in prices, there is a stir in the market. However, middle class people may get relief due to lower prices. If you are going to buy gold for a wedding function or any special occasion, then keep in mind that 24 carat (99.9%) gold is the purest. 22 carat has 91.6% purity and 18 carat has 75% purity. The rates issued by India Bullion and Jewelers Association (IBJA) do not include GST and making charges. Therefore, final prices may vary in different cities and showrooms.

While buying gold, be sure to check BIS hallmark and HUID code. This article has been written for information purposes only, do not consider it as investment advice. Investing in the market is subject to risks. Be sure to consult your financial advisor or market expert before making any type of investment.