Gold Rate Today [04 May, 2026]: Gold Rates Edges Higher to $4,695, Inflation Fears Weigh; Domestic Rates Surges to ₹1.52 Lakh/10g | Check City-Wise Price of 24K, 22K & 18K

Gold Price Today, 04 May 2026: Gold markets on May 04, 2026, show a marginal downward bias in India while global sentiment remains cautiously bullish and domestic rates hover around ₹15,092 per gram (24K), reflecting a minor drop of ₹1 compared to the previous session. Inflation concerns and currency fluctuations continue to shape investor sentiment.

Domestic Gold Prices (India) – 04 May 2026

• 24K Gold: ₹15,092 per gram (↓ ₹1)
• 22K Gold: ₹13,834 per gram (↓ ₹1)
• 18K Gold: ₹11,319 per gram (↓ ₹1)
• Trend: Mild correction amid stable demand

Note: Final purchase prices at retailers will include 3% GST and additional making charges, which typically range from 5% to 25% for physical silver items.

Check City-Wise Gold Rate Today (per 10 grams)

Delhi Gold Rate Today

• 24K: ₹15,122 per gram
• 22K: ₹13,849 per gram
• 18K: ₹11,349 per gram
• Market: Stable with slight upward bias

Mumbai Gold Rate Today

• 24K: ₹15,092 per gram
• 22K: ₹13,834 per gram
• 18K: ₹11,319 per gram
• Market: Steady retail demand

Chennai Gold Rate Today

• 24K: ₹15,272 per gram
• 22K: ₹13,999 per gram
• 18K: ₹11,679 per gram
• Market: Higher premium due to regional demand

Bangalore Gold Rate Today

• 24K: ₹15,092 per gram
• 22K: ₹13,834 per gram
• 18K: ₹11,319 per gram
• Market: Stable trading conditions

Hyderabad Gold Rate Today

• 24K: ₹15,092 per gram
• 22K: ₹13,834 per gram
• 18K: ₹11,319 per gram
• Market: Range-bound movement

Kolkata Gold Rate Today

• 24K: ₹15,092 per gram
• 22K: ₹13,834 per gram
• 18K: ₹11,319 per gram
• Market: Consistent demand pattern

Kerala Gold Rate Today

• 24K: ₹15,092 per gram
• 22K: ₹13,834 per gram
• 18K: ₹11,319 per gram
• Market: Strong jewellery demand

Pune Gold Rate Today

• 24K: ₹15,092 per gram
• 22K: ₹13,834 per gram
• 18K: ₹11,319 per gram
• Market: Stable consumer buying

Ahmedabad Gold Rate Today

• 24K: ₹15,102 per gram
• 22K: ₹13,839 per gram
• 18K: ₹11,329 per gram
• Market: Slight premium trend

Vadodara Gold Rate Today

• 24K: ₹15,102 per gram
• 22K: ₹13,839 per gram
• 18K: ₹11,329 per gram
• Market: Stable local demand

Jaipur Gold Rate Today

• 24K: ₹15,120 per gram
• 22K: ₹13,848 per gram
• 18K: ₹11,345 per gram
• Market: Slightly higher due to seasonal demand

Lucknow Gold Rate Today

• 24K: ₹15,100 per gram
• 22K: ₹13,835 per gram
• 18K: ₹11,320 per gram
• Market: Moderate demand

International Gold Rates Today

• Spot Gold: $4,613–$4,695 per ounce
• Weekly Low: $2,970 – $5,595 per ounce
• Trend: Range-bound with long-term bullish undertone
• USD Impact: Strong dollar limiting gains
• Oil Prices: Rising crude supports inflation hedge demand
• Recent peak: Above $5,400–$5,500/oz earlier in 2026
• Gold is consolidating after touching multi-year highs above $5,500/oz earlier in 2026

Major Indian Gold City Rates (24K, 22K & 18K)

Note: Rates are indicative retail averages and may vary by jeweller, making charges, GST and locality.

Major Countries Gold Rates Today

Note: Rates are indicative market prices and may vary by taxes, premiums, exchange rates and local dealer charges.

Gold Rate in India (Last 10 Days – 1g)

International Market Sentiment

• Inflation concerns supporting gold demand
• Geopolitical risks increasing safe-haven buying
• Strong USD restricting upside
• Central bank buying remains above 1,000 tonnes annually

Domestic Market Sentiment

• Retail demand stable
• Wedding season supporting physical gold
• ETF inflows steady
• Price consolidation observed

Oil & Inflation

• Brent crude oil trading near $108–$112 per barrel, after briefly touching $119–$125 levels amid geopolitical tensions 
• WTI crude hovering around $101–$106 per barrel, showing high intraday volatility 
• Earlier in the cycle, Brent surged close to $126 per barrel, marking a multi-year high driven by supply concerns 
• Oil prices have risen roughly 30%+ since early 2026 conflict-related disruptions began, tightening global supply chains 
• India imports nearly 85% of its crude oil requirement, making it highly sensitive to price swings
• Rising crude oil prices increasing inflation expectations
• Higher inflation strengthens gold as a hedge
• Energy costs influencing global markets

MCX Performance

• MCX gold recently trading around ₹1,50,000–₹1,53,000 per 10 grams, showing a range-bound movement with mild volatility 
• Prices remain nearly 26% below the recent peak of ₹2,02,984 per 10 grams, reflecting a major correction phase in the market 
• Intraday sessions continue to show sharp swings between ₹1,49,000 and ₹1,51,900 levels, indicating active trading participation 
• Mild volatility observed
• Range-bound movement near key resistance
• Traders adopting short-term strategies

Gold ETF Performance (2025–2026)

Key Investment Metrics

• Inflation hedge strength: High
• Liquidity: Strong in ETFs
• Volatility: Moderate
• Long-term outlook: Positive

Physical Gold vs Gold ETFs

Market Summary

Gold remains range-bound with mild bullish undertones and domestic prices show slight corrections, while global factors like inflation and oil prices continue to support long-term demand.

Can Gold Prices Rise Again?

• Yes, if inflation rises further
• USD weakens in coming sessions
• Geopolitical tensions escalate
• Central bank buying continues
• Oil prices stay elevated

Key Considerations for Buyers

• Track MCX trends before buying
• Watch USD-INR movement
• Prefer ETF for liquidity
• Buy during dips for long-term holding
• Avoid short-term emotional buying