Gold Rate Today, May 26: 18, 22, 24 carat gold prices at jewellery stores in different cities

After recording an increase in price on the previous day, gold prices fell on Tuesday (May 26, 2026). According to Goodreturns.in, the price of 24 carat gold decreased by ₹490 to ₹1,58,890 per 10 gm. 22 carat gold also declined by ₹450 to ₹ 1,45,650, while 18 carat gold fell by ₹370 to ₹1,19,170.

Gold prices fluctuate on a daily basis in India, owing to a set of factors, including demand-supply, international price movement, and rupee-dollar exchange rate among others.

As of May 26, 2026, here below are the latest rates across major brands.

Joyalukkas: 22 carat gold is priced at ₹1,45,650 per 10 gm. 24 carat gold quoted at ₹1,58,890 per 10 gm. Meanwhile, 18 carat gold is retailing at ₹1,19,170.

Kalyan Jewellers: 22 carat gold is priced for ₹1,45,650 and 24 carat gold is retailing at ₹1,58,890 per 10 gm. The price of 18 carat gold is ₹1,19,170 per 10 gm.

Malabar Gold: 22 carat gold at the renowned jeweller is priced at ₹1,45,650 per 10 gm, while 24 carat gold is retailing for ₹1,58,890 per 10 gm.

As per IBJA at the time of writing, the price of 22k gold on May 25 was ₹15,504 per gram while the price of 24k and 18k gold was ₹15,886 and ₹12,867 respectively.

Factors influencing gold rate today

Gold prices took a hit today amid fresh US military strikes in the Southern Iran. On the MCX after a weak opening, gold June futures at around 10:15 am (IST) traded with a cut of 0.63% or ₹1,007 at ₹1,58,074 per 10 gm. In the previous session, gold futures for June delivery closed at ₹1,59,081.

Meanwhile, US gold futures (August contract) traded lower by nearly 1% at $4,561.7.

Even as peace negotiations proceeded between the two nations, the US military reportedly targeted missile launch sites and vessels suspected of attempting to deploy mines in southern Iran, with US Central Command saying the operations were aimed at protecting American troops in the region.

Primarily, spike in crude oil price following fresh escalation in the geo-political tensions between the US and Iran, fuelled concerns around persistent inflation and higher-for-longer interest rates.

Higher-for-longer interest rates weigh on the demand for non interest-yielding bullion.