Gold rate today, July 22: Prices rise above ₹1,46,500/ 10gm; check 24, 22 and 18 carat rates across major cities

Gold price in line with the trend in international bullion market climbed substantially on Wednesday (July 22, 2026). According to GoodReturns.in, 24 carat gold jumped in price by ₹2,290 to ₹1,46,510 per 10 gm. Similarly, 22 carat and 18 carat gold increased in price by ₹2,100 and ₹1,720 to ₹1,34,300 and 1,09,880 per 10 gm, respectively.

On July 22, 2026, gold prices per gm across major brands are as follows:

Joyalukkas: 24 carat gold quoted at ₹14,651 per gm, while 22 carat gold was priced at ₹13,430 per gm. Meanwhile, 18 carat gold was available for ₹10,988 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.

Malabar Gold: 24 carat gold is retailing for ₹14,651 per gm at the retailer, while 22 carat gold is priced for ₹13,430 per gm.

India Bullion and Jewellers Association (IBJA): 999 purity gold in the evening session on July 21 traded at ₹1,43,137 per 10 gm.

Factors influencing gold rate in India

Gold prices in India are determined based on international spot rates, rupee-dollar exchange rate, government import duties, and demand-supply dynamics.

With the yellow metal in the international markets trading at a two-week high, gold prices on the MCX at around 9:50 am today were up 1.04% or ₹1,482 at ₹1,44,365 per 10 gm. In the previous session, the contract settled at ₹1,42,883 per 10 gm.

Spot gold traded higher by 1.24% at $4,128.46 per ounce, while the US gold futures for August delivery were up 1.39% at $4,133.25 per ounce.

The steep gains are said to have been driven by technical buying in bullion.

Meanwhile, investors are awaiting the US Federal Reserve meeting due next week (July 28-July 29) for cues on the central bank's interest rate path. As per the median estimate of economists in a Reuters poll, the Federal Reserve will hold the key policy rate for the rest of 2026 as it looks to keep persistent inflation in check.

Alongside, developments in the ongoing US-Iran conflict are on investors' radar.

Gold prices have remained firm in the last few days amid resilient buying in the global markets, robust physical demand and evolving geo-political situation.