Gold Rate Today, May 11: Check 18, 22, 24 carat gold prices at jewellery stores

Gold prices after rallying for some days, softened in the retail market today. The softness in gold prices is seen as US-Iran peace talks faltered, with no concrete progress. In the retail market, 24 carat gold is down by 0.14% or ₹220 at ₹1,52,410 per 10 gm. Similarly, the price of 22 carat gold is retailing for ₹1,39,730 per 10 gm, down by ₹200 per 10 gm over the previous close.

As of May 11, 2026, here below are the latest rates across major brands.

Tanishq: 22 carat gold is priced at ₹1,39,900 per 10 gm, while the price of 24 carat gold is ₹1,52,620. Also, 18 carat gold is priced at ₹1,14,460.

Joyalukkas: 22 carat gold is priced at ₹1,39,450 per 10 gm

Kalyan Jewellers: 22 carat gold is priced at ₹1,39,450 per 10 gm, while the price of 24 carat gold is ₹1,52,130. 18 carat gold, meanwhile, is priced at ₹1,14,000 per 10 gm.

Malabar Gold: 22 carat gold is priced for ₹1,39,450 and 24 carat gold is retailing at ₹ 1,52,130 per 10 gm.

India Bullion and Jewellers Association (IBJA's) indicative retail selling rates for gold jewellery are as below:

Fine gold (999): 15,028

22 carat: 14,667

18 carat: 12,172

14 carat: 9693

Factors influencing gold rate today

Gold prices after logging decent gains over the past week have declined in price today. The losses were led as there isn't seen any major progress in the US-Iran peace talks.

US President Donald Trump has called Iran's response to its peace proposal so totally unacceptable, igniting concerns of renewed conflict between the countries.

Meanwhile, Israeli attacks across Lebanon continued over the weekend, with strikes killing dozens of people and hitting the power station in Nabatieh governorate.

The failed talks also pushed oil prices higher, as worries concerning higher-for-longer interest rates mounted.

Higher interest rates in the economy weigh on gold prices as gold is a non-interest yielding asset.

Also, amid the ongoing geopolitical situation, dollar index has once again gained traction. As of the last count at around 9:45 am, the dollar index (DXY) quoted higher at 98.11, up 0.21%.