Gold Rate Today, July 21: 24K gold nears ₹1.45 lakh/10 gm; check rates across major jewellers

Gold prices continued to gain for the third day on Tuesday (July 21, 2026). According to GoodReturns.in, 24 carat gold increased in price by ₹760 to ₹1,44,220. Similarly, 22 carat and 18 carat gold also surged in price by ₹700 and ₹570 to ₹1,32,200 and ₹1,08,160 per 10 gm.

On July 21, 2026, gold prices per gm across major brands are as follows:

Joyalukkas: 24 carat gold quoted at ₹14,422 per gm, while 22 carat gold was priced at ₹13,220 per gm. Meanwhile, 18 carat gold was available for ₹10,816 per gm.

Kalyan Jewellers: 24 carat gold today is priced at ₹14,420 per gm, while 22 carat gold is available for ₹13,220 per gm. 18 carat gold was priced at ₹10,817 per gm.

India Bullion and Jewellers Association (IBJA): 999 purity gold in the evening session on July 20 traded at ₹1,42,254 per 10 gm.

Factors influencing gold rate in India

Mirroring gains overseas, gold traded higher on the MCX today. Gold futures for August delivery at around 9:30 am traded with gains of 0.62% or ₹870 at ₹1,42,258 per 10 gm. In the previous session, the contract settled higher at ₹1,41,388 per 10 gm.

The precious yellow metal gained as crude oil prices eased amid signs of diplomatic efforts to resolve the US-Iran conflict.

Spot gold traded with gains of 0.99% at $4,047.64 per ounce, while the US gold futures for August delivery were up 0.92% at $4,052.97 per ounce.

Meanwhile, investors are fearing another spike in crude oil following Yemen's Houthis threat of establishing a naval blockade on Saudi Arabia.

Amid recent escalation in the US-Iran conflict, oil prices climbed to an over one-month high yesterday, prompting policymakers to bet on interest rate hike for curbing persistent inflation.

High interest rates increase the opportunity cost of holding non-interest-yielding assets like gold.