Gold rate today in India took a dramatic hit, dropping sharply in one trading day after the US Federal Reserve decided to hold interest rates steady. This move, combined with heavy selling during festivals like Chaitra Navratri, Ugadi, Gudi Padwa, and Eid, pushed investors to unload gold amid global tensions.
Massive Single-Day Drop in Gold Prices
In just two sessions, 24K gold tumbled Rs 78,000 per 100 grams, while 22K fell Rs 71,500. Per gram, 24K slid from Rs 15,742 to Rs 15,028—a Rs 714 drop. 22K dipped from Rs 14,430 to Rs 13,775, down Rs 655 per gram. This rare crash has everyone asking: will gold rate today slip below Rs 1.5 lakh soon?
Latest Gold Rate Today: 24K, 22K, and 18K Prices Per Gram
Stay updated with today’s rates across major variants. Prices reflect the steep decline for various quantities.
24K Gold Rate Today
- Per gram: Rs 15,028 (down Rs 714 from Rs 15,742)
- 8 grams: Rs 1,20,224 (fall of Rs 5,712)
- 10 grams: Rs 1,50,280 (drop of Rs 7,140)
- 100 grams: Rs 15,02,800 (plunge of Rs 71,400)
22K Gold Rate Today
- Per gram: Rs 13,775 (down Rs 655 from Rs 14,430)
- 8 grams: Rs 1,10,200 (fall of Rs 5,240)
- 10 grams: Rs 1,37,750 (drop of Rs 6,550)
- 100 grams: Rs 13,77,500 (decline of Rs 65,500)
18K Gold Rate Today
- Per gram: Rs 11,271 (down Rs 536 from Rs 11,807)
- 8 grams: Rs 90,168 (fall of Rs 4,288)
- 10 grams: Rs 1,12,710 (drop of Rs 5,360)
- 100 grams: Rs 11,27,100 (plunge of Rs 53,600)
Read Also Silver Rate Today in Chennai
Global and MCX Factors Behind the Gold Rate Today Crash
Spot gold globally crashed over 5% to $4,560 per ounce—its lowest since January—after seven straight declines. Analysts link this to the Fed’s steady rates at 3.5%-3.75%, sticky inflation, rising oil prices, and Iran tensions.
Manav Modi from Motilal Oswal noted gold breached key levels as the Fed signaled caution on inflation and energy shocks. On MCX, gold and silver hit multi-week lows due to festival outflows and hawkish Fed vibes.
Justin Khoo of VT Markets added the Fed’s stance shows worry over geopolitics, with just one 2026 rate cut projected.
Gold Rate Prediction: Below Rs 1.5 Lakh Next?
Experts see short-term weakness. Jateen Trivedi from LKP Securities warns of resistance near Rs 1,50,000 and support at Rs 1,44,000-1,42,000. Volatility will track Fed cues and global events.
Disclaimer: Analyst views are independent and for info only. Verify with financial advisors before investing. Not advice from this blog.
Conclusion
Gold rate today ‘s crash offers a potential buying window for cautious investors, but volatility looms with Fed watches and festivals winding down. Track daily updates—could prices stabilize or dip further below Rs 1.5 lakh? Stay tuned for tomorrow’s gold rate today insights.
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