Gold prices (gold rates) in India remained steady on Thursday, April 23, as the domestic market consolidated following recent volatility. According to the latest retail data, 24-carat gold is currently holding at approximately INR 1,54,740 per 10 grams, while 22-carat gold - the standard for most jewellery purchases - is retailing at INR 1,41,840 per 10 grams.

Scroll down to check the gold rate today, April 23, in Delhi, Chennai, Mumbai, Kolkata, Lucknow, Pune, Bengaluru, Hyderabad, Jodhpur, Jaipur, Srinagar, Noida, Ghaziabad, Gurugram and Ahmedabad. Gold Rate Today, April 22, 2026: Check 22K and 24K Gold Prices in Delhi, Mumbai, Chennai and Other Cities.

Gold Rates in India Today, April 23, 2026

While the national average showed a sideways trend this morning, minor regional variations persist due to differing state taxes, transportation overheads, and local bullion association decisions.

Gold Rate Today, April 23, 2026

City 22K Gold (per 10g) 24K Gold (per 10g)
Delhi INR 1,41,990 INR 1,54,890
Mumbai INR 1,41,840 INR 1,54,740
Chennai INR 1,42,490 INR 1,55,450
Ahmedabad INR 1,41,890 INR 1,54,790
Kolkata INR 1,41,840 INR 1,54,740
Bengaluru INR 1,41,840 INR 1,54,740
Hyderabad INR 1,41,840 INR 1,54,740
Jaipur INR 1,41,990 INR 1,54,890
Pune INR 1,41,840 INR 1,54,740
Noida INR 1,41,990 INR 1,54,890
Gurugram INR 1,41,990 INR 1,54,890
Ghaziabad INR 1,41,990 INR 1,54,890
Lucknow INR 1,41,990 INR 1,54,890
Bhopal INR 1,41,890 INR 1,54,790
Jodhpur INR 1,42,040* INR 1,54,940*
Srinagar INR 1,42,130* INR 1,55,030*

Silver Market Performance

Silver prices mirrored the relative calm in the gold sector today, with the industrial metal trading near INR 2,64,900 per kilogram. After reaching highs of INR 2.75 lakh earlier in the month, silver has seen a marginal correction of roughly INR 100 from yesterday's session. This stability comes as investors weigh industrial demand against cooling safe-haven interest.

Factors Influencing Domestic Rates of Gold

Financial analysts attribute the current price plateau to a mix of global geopolitical shifts and domestic economic indicators. A primary driver has been the de-escalation of immediate tensions in the Middle East, specifically following the U.S. extension of a ceasefire involving Iran. This has temporarily reduced the "safe-haven" premium that pushed gold to record highs on April 19. Furthermore, the market is closely watching the US Federal Reserve. Speculation regarding the potential appointment of a new Fed chair and the trajectory of interest rate cuts has introduced a "wait-and-watch" sentiment. Higher interest rates typically weigh on bullion, as they increase the opportunity cost of holding non-yielding assets. Dubai Gold Rate Today: 18K, 22K, 24K Gold Prices for April 22, 2026.

Post-Festival Consumer Sentiment

The current stabilisation offers a window of relief for Indian consumers following the high-demand Akshaya Tritiya festival last week. During the festival, 24-carat gold peaked at over INR 1,54,500, leading to a reported 30 per cent drop in volume as buyers were deterred by the high costs. Industry experts suggest that if the current consolidation holds, retail demand may see a modest rebound from "wait-and-watch" buyers. However, consumers are advised to verify hallmark standards and check for evening price updates, as domestic rates remain highly sensitive to global supply chain movements and currency fluctuations.

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(The above story first appeared on LatestLY on Apr 23, 2026 08:14 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).