Gold Price Today, 10 April 2026: Gold prices have experienced a notable correction following an initial relief rally triggered by the US-Iran ceasefire announcement. While the diplomatic breakthrough initially sent prices to 3-week highs, current market sentiment has cooled due to uncertainties regarding the truce’s stability. Reports of continued restrictions at the Strait of Hormuz—where just 5 vessels passed compared to the pre-war average of 140—have kept safe-haven demand simmering. Investors are now focusing on upcoming US inflation data (CPI) to gauge the Federal Reserve’s next interest rate move, which directly impacts non-yielding gold.
International Gold Rates Today
- Spot Gold (XAU/USD): Trading at approximately $4,743.50 per ounce
- Daily Trend: Prices saw a marginal decline of roughly 0.5% – 1% as traders booked profits after the initial 3% surge following the ceasefire
- Market Sentiment: Investors are now focusing on upcoming US inflation data (CPI) to gauge the Federal Reserve’s next interest rate move, which directly impacts non-yielding gold
- Geopolitical Context: Reports of localized strikes and allegations of agreement breaches by both sides have kept safe-haven demand simmering
Domestic Gold Prices (India) – 10 April 2026
In the domestic market, gold prices have retreated from their post-ceasefire highs of ₹1.53 lakh, dropping by approximately ₹2,340 per 10 grams across major cities today.
- 24K Gold (99.9% Purity): ₹15,148 per gram | ₹1,51,480 per 10 grams
- 22K Gold (91.6% Purity): ₹13,885 per gram | ₹1,38,850 per 10 grams
- 18K Gold (75% Purity): ₹11,361 per gram | ₹1,13,610 per 10 grams
Note: These prices are sourced from major jewellers and reflect the market rate; final purchase prices will include a 3% GST and additional making charges (5%–35%).
City-wise Gold Rates (per 10g 24K)
| City | Today’s Price (24K) | Yesterday’s Price | Change |
|---|---|---|---|
| Delhi | ₹1,51,630 | ₹1,53,970 | ▼ ₹2,340 |
| Mumbai | ₹1,51,480 | ₹1,53,820 | ▼ ₹2,340 |
| Chennai | ₹1,52,730 | ₹1,54,910 | ▼ ₹2,340 |
| Bangalore | ₹1,51,480 | ₹1,53,820 | ▼ ₹2,340 |
| Hyderabad | ₹1,51,480 | ₹1,53,820 | ▼ ₹2,340 |
| Kolkata | ₹1,51,480 | ₹1,53,820 | ▼ ₹2,340 |
| Pune | ₹1,51,480 | ₹1,53,820 | ▼ ₹2,340 |
| Ahmedabad | ₹1,51,530 | ₹1,53,870 | ▼ ₹2,340 |
| Jaipur | ₹1,51,630 | ₹1,53,970 | ▼ ₹2,340 |
| Lucknow | ₹1,51,630 | ₹1,53,970 | ▼ ₹2,340 |
Indian Major Cities Gold Rates Today (per gram)
| City | 24K Today | 22K Today | 18K Today |
|---|---|---|---|
| Chennai | ₹15,273 | ₹14,000 | ₹11,650 |
| Mumbai | ₹15,148 | ₹13,885 | ₹11,361 |
| Delhi | ₹15,163 | ₹13,900 | ₹11,376 |
| Kolkata | ₹15,148 | ₹13,885 | ₹11,361 |
| Bangalore | ₹15,148 | ₹13,885 | ₹11,361 |
| Hyderabad | ₹15,148 | ₹13,885 | ₹11,361 |
| Kerala | ₹15,148 | ₹13,885 | ₹11,361 |
| Pune | ₹15,148 | ₹13,885 | ₹11,361 |
| Vadodara | ₹15,153 | ₹13,890 | ₹11,366 |
| Ahmedabad | ₹15,153 | ₹13,890 | ₹11,366 |
Gold Rate in India for Last 10 Days (1 gram)
| Date | 24K Gold | 22K Gold |
|---|---|---|
| 10 Apr 2026 | ₹15,148 | ₹13,885 |
| 09 Apr 2026 | ₹15,382 | ₹14,100 |
| 08 Apr 2026 | ₹14,984 | ₹13,735 |
| 07 Apr 2026 | ₹15,066 | ₹13,810 |
| 06 Apr 2026 | ₹15,093 | ₹13,835 |
| 05 Apr 2026 | ₹15,093 | ₹13,835 |
| 04 Apr 2026 | ₹15,093 | ₹13,835 |
| 03 Apr 2026 | ₹15,093 | ₹13,835 |
| 02 Apr 2026 | ₹14,897 | ₹13,655 |
| 01 Apr 2026 | ₹15,295 | ₹14,020 |
Market Summary
Ceasefire Impact
- While the ceasefire initially triggered a sharp rally, uncertainties regarding the truce’s stability have led to profit-taking
- Reports of continued restrictions at the Strait of Hormuz—just 5 vessels passed compared to the pre-war average of 140—have kept safe-haven demand simmering
Key Drivers of the Correction
- Profit Booking: Traders booked profits after the initial 3% surge following the ceasefire announcement
- Fragile Peace: Reports of localized strikes and allegations of agreement breaches by both sides have created market uncertainty
- US Inflation Data: Investors are awaiting the US Consumer Price Index (CPI) report for March, which is projected to show a substantial increase, with headline inflation rising from 2.4% to 3.3%
Gold Technical Analysis
According to market analysts, gold’s recovery stalled near $4,800 despite forming a shooting star pattern on Wednesday.
- Resistance Levels: $4,800, then $4,857 (April 8 high), followed by $4,900 and $5,000
- Support Levels: $4,690 (20-day SMA), then $4,656 (100-day SMA), followed by $4,553 (April 2 low)
The Relative Strength Index (RSI) shows buyers are gathering momentum as the index cleared the neutral 50 level, suggesting underlying bullish sentiment remains.
Can Gold Prices Rise Again?
- Technical Levels: Support at $4,690 per ounce; resistance at $4,800
- Ceasefire Duration: The two-week window is temporary; any breakdown could trigger another safe-haven rally
- Fed Rate Expectations: Easing inflation from lower oil prices could lead to rate cuts, a positive for gold
- Central Bank Buying: Continued accumulation by global central banks provides long-term support
- Buy on Dips: Analysts suggest a “buy on dips” strategy as long-term targets remain bullish toward $5,000/oz by late 2026
Key Considerations for Buyers
- GST: 3% applicable on gold value
- Making Charges: Typically range from 5% to 35% for jewellery
- Investment Options: Gold ETFs or Sovereign Gold Bonds (SGB) help avoid high making charges of physical jewellery
Disclaimer: Gold rates are indicative and exclude GST/TCS/levies. Final purchase prices include 3% GST and making charges. Please verify with local jewellers for exact pricing.
