Gold Price in India Today Hits ₹14,417 per Gram Amid Global Market Volatility
The current gold price in India stands at ₹14,417 per gram for 24 carat gold, ₹13,215 per gram for 22 carat gold, and ₹10,813 per gram for 18 carat gold as of July 28, 2026. This represents a decrease of ₹169, ₹155, and ₹126 respectively over the previous day's prices.
The global market is experiencing daily price fluctuations due to ongoing tensions in the Middle East. Brent crude surged over 6% last Thursday, topping $100 a barrel for the first time since May, following escalating conflict in West Asia and recent attacks on trade routes.
Investors are turning to gold as a safe-haven hedge against geopolitical risks and financial uncertainty. The fragile ceasefire between the US and Iran has unraveled, leading to renewed armed conflict and a series of retaliatory strikes throughout the area.