Gold rate today in India saw a stunning single-day plunge, with prices crashing across 24K, 22K, and 18K variants. The US Federal Reserve’s choice to keep interest rates unchanged sparked the slide, worsened by investors selling gold during festivals like Chaitra Navratri, Ugadi, Gudi Padwa, and Eid amid world worries.
Sharp Fall in Gold Rate Today
In two trading days, 24K gold lost Rs 78,000 per 100 grams total, while 22K shed Rs 71,500. Per gram, 24K fell from Rs 15,742 to Rs 15,028 (down Rs 714), and 22K dropped from Rs 14,430 to Rs 13,775 (minus Rs 655). This fast drop has buyers wondering if gold rate today will break below Rs 1.5 lakh soon.
Current Gold Rate Today: Check 24K, 22K, 18K Per Gram
Here’s the latest gold rate today for popular sizes in India. All karats faced heavy cuts.
24K Gold Rate Today
- 1 gram: Rs 15,028 (down Rs 714)
- 8 grams: Rs 1,20,224 (fall Rs 5,712)
- 10 grams: Rs 1,50,280 (drop Rs 7,140)
- 100 grams: Rs 15,02,800 (crash Rs 71,400)
22K Gold Rate Today
- 1 gram: Rs 13,775 (down Rs 655)
- 8 grams: Rs 1,10,200 (fall Rs 5,240)
- 10 grams: Rs 1,37,750 (drop Rs 6,550)
- 100 grams: Rs 13,77,500 (decline Rs 65,500)
18K Gold Rate Today
- 1 gram: Rs 11,271 (down Rs 536)
- 8 grams: Rs 90,168 (fall Rs 4,288)
- 10 grams: Rs 1,12,710 (drop Rs 5,360)
- 100 grams: Rs 11,27,100 (crash Rs 53,600)
Why Gold Rate Today Crashed: Global and Local Triggers
World spot gold sank over 5% to $4,560 per ounce—lowest since January after seven down days. Experts blame Fed’s steady 3.5%-3.75% rates, stubborn inflation, oil price jumps, and Iran tensions.
Manav Modi of Motilal Oswal said gold broke $4,700 on Comex as Fed flagged oil and inflation risks. MCX gold and silver hit weeks-lows from festival sales plus global heat.
Justin Khoo at VT Markets noted the Fed’s hawkish tone despite one 2026 cut forecast, tied to geopolitics.
Gold Rate Prediction: Heading Below Rs 1.5 Lakh?
Jateen Trivedi from LKP Securities sees gold rate today weak short-term. Resistance at Rs 1,50,000, support Rs 1,44,000-1,42,000. Prices may swing on Fed news and world events.
Disclaimer: Analyst opinions are personal, not this blog’s advice. Check with pros before buying gold.
Conclusion
This gold rate today crash might tempt smart buyers, but watch Fed moves and fading festivals. Prices could steady or test Rs 1.42 lakh support—keep checking daily gold rate today for Chennai and India updates in 2026.
