Gold Price Today –
11 May 2026
International spot gold at $4,715.85/oz, up 0.63% as markets reopen after the weekend. India’s 24K gold steady at ₹15,235/gram amid inflation fears and US-Iran tensions. Full city-wise rates, MCX levels, this week’s triggers & 2026 forecast — updated right now.
- Gold Rate Today India — ₹/gram, ₹/10g, ₹/100g (11 May 2026)
- City-Wise 24K, 22K & 18K Gold Rates — 11 May 2026
- MCX Gold Rate Today — Support & Resistance Levels
- International Gold Spot Price — Live USD Data
- Gold Price This Week — Day-by-Day Recap
- Top News Moving Gold Prices Right Now
- Why is Gold Price High in May 2026?
- Key Events This Week That Could Move Gold
- Gold Price Forecast 2026 — Expert Targets
- Best Ways to Buy Gold in India (2026)
- FAQ — Frequently Asked Questions
Good morning! Markets are back open on Monday, 11 May 2026, and gold has resumed its upward move. If you are checking aaj ka sone ka bhav, here is your complete, fully updated guide: 24K gold in India at ₹15,235/gram, international spot at $4,715.85/oz, MCX June futures at ₹1,52,545 — and a critical CPI data release tomorrow that could push gold sharply in either direction.
💰 Gold Rate Today India — 11 May 2026
As of 11 May 2026, 24-karat gold in India is priced at ₹15,235 per gram (₹1,52,350 per 10 grams), per Goodreturns data sourced from reputed jewellers nationwide. 22-karat gold stands at ₹13,965 per gram (₹1,39,650 per 10 grams) — the most popular grade for jewellery purchases. 18-karat gold is at ₹11,426 per gram (₹1,14,260 per 10 grams), primarily used for diamond-studded jewellery.
Prices above are indicative retail rates and exclude 3% GST, TCS, and jeweller making charges. Your actual purchase price will be higher. Always ask for a BIS Hallmark (HUID) certified receipt. Verify live rates via IBJA (India Bullion & Jewellers Association) or your local certified jeweller before purchasing.
🏙️ City-Wise Gold Rate Today — 11 May 2026
Gold rates vary city to city due to local association pricing, transport, and state taxes. Here is the latest city-wise breakdown for 24K, 22K and 18K gold per 10 grams:
| City | 24K (₹/10g) | 22K (₹/10g) | 18K (₹/10g) | Change vs Fri |
|---|---|---|---|---|
| Delhi | ₹1,52,350 | ₹1,39,650 | ₹1,14,260 | −₹330 |
| Mumbai | ₹1,52,350 | ₹1,39,650 | ₹1,14,260 | −₹330 |
| Chennai | ₹1,54,370 | ₹1,41,500 | ₹1,18,100 | −₹100 |
| Kolkata | ₹1,52,350 | ₹1,39,650 | ₹1,14,260 | −₹330 |
| Bengaluru | ₹1,52,350 | ₹1,39,650 | ₹1,14,260 | −₹330 |
| Hyderabad | ₹1,52,350 | ₹1,39,650 | ₹1,14,260 | −₹330 |
| Ahmedabad | ₹1,52,350 | ₹1,39,650 | ₹1,14,260 | −₹330 |
| Pune | ₹1,52,350 | ₹1,39,650 | ₹1,14,260 | −₹330 |
| Jaipur | ₹1,52,350 | ₹1,39,600 | ₹1,14,260 | −₹330 |
| Lucknow | ₹1,52,350 | ₹1,39,650 | ₹1,14,260 | −₹330 |
| Surat | ₹1,52,350 | ₹1,39,650 | ₹1,14,260 | −₹330 |
| Patna | ₹1,52,350 | ₹1,39,650 | ₹1,14,260 | −₹330 |
*Indicative retail rates as of 11 May 2026 morning, sourced from Goodreturns & GoldPriceIndia. Exclude 3% GST and making charges. Chennai rates are traditionally higher due to local association pricing. Verify before purchase with your jeweller.
📊 MCX Gold Rate Today — Support & Resistance
On the Multi-Commodity Exchange (MCX), gold June futures are trading at approximately ₹1,52,545 per 10 grams — up 0.27% on the day. Traders and investors should keep the following key technical levels in mind for today’s session:
TD Securities sees a clear path to gold above $5,200/oz once US-Iran conflict-related inflation pressures fully dissipate. Meanwhile, China’s central bank reported its 18th consecutive month of gold reserve additions in April 2026, reinforcing the structural demand floor beneath bullion. (USAGOLD, May 7, 2026)
🌍 International Gold Spot Price — 11 May 2026
Spot gold (XAU/USD) is trading at $4,715.85 per troy ounce as of Monday morning, May 11, 2026 — up 0.63% on the day as markets reopen after the weekend. This is above the 7-day average of $4,658.84 and marks a weekly gain of +2.19% ($100.92) from 7 days ago. Gold climbed to a high of $4,720/oz on Friday, May 8 — its highest since April 22 — before slightly consolidating over the weekend.
| Metric | Value | Context |
|---|---|---|
| Spot Price (11 May 2026) | $4,715.85/oz | ▲ +0.63% today |
| Per Gram (USD) | $152.41 | JM Bullion data |
| Per Kilogram (USD) | $152,406 | International spot |
| 7-Day Range | $4,522.85 – $4,715.38 | Active volatility |
| 7-Day Average | $4,658.84 | Current price above avg |
| 7-Day Gain | +$100.92 (+2.19%) | GoldPricez.com |
| 1-Month Change | −1.19% | Post-ATH correction phase |
| Year-on-Year Change | +41.58% | vs. May 2025 |
| All-Time High (2026) | $5,602.22/oz | January 28, 2026 (APMEX) |
| USD/INR Rate | ₹94.44 | Goodreturns, 11 May |
| Gold-to-Silver Ratio | ~58.4× | USAGOLD May 7 data |
📆 Gold Price This Week — Day-by-Day Recap
Here is how gold prices moved through last week and into today’s Monday opening:
“Gold surged 2.8% to $4,693 on May 6 as Iran peace talks weakened the dollar. TD Securities now sees a clear path to $5,200/oz once conflict-related inflation pressures fully dissipate — and China’s central bank marked its 18th consecutive month of gold reserve additions.” — USAGOLD Daily Market Report, May 7, 2026
📰 Top News Moving Gold Prices Right Now
Trump confirmed the US-Iran ceasefire is “in effect” despite renewed clashes last week. Iran is expected to respond to a US peace memorandum — sent through Pakistani mediators — in the coming days. A full peace deal could reopen the Strait of Hormuz, ease energy prices, reduce inflation fears, and paradoxically trigger a gold “relief rally” toward $5,200+/oz as rate cut expectations return.
The April Consumer Price Index releases tomorrow, May 12. Fed Chicago President Austan Goolsbee has already warned that inflation has “accelerated since the war began” and is not cooling toward the 2% target. A hot CPI print = bullish for gold, potential push toward $4,800. A cooler-than-expected reading = short-term pullback toward $4,580 support.
China’s central bank (PBoC) added gold to its reserves for the 18th consecutive month in April 2026, reinforcing the structural demand floor under gold prices. World Gold Council data confirms record Q1 2026 physical gold demand of $193 billion globally — a strong signal that institutional conviction in gold remains unshaken.
Brent crude is holding above $100/barrel ($101.13 at time of writing). Sustained crude above $100 keeps transportation and food inflation elevated in India — maintaining strong domestic gold buying as an inflation hedge. Gold has found support at $4,634–$4,580 throughout May, even as oil volatility creates intraday swings.
📈 Why is Gold Price High in May 2026?
The conflict, now entering its 11th week, has kept Strait of Hormuz shipping disrupted, driving global energy prices and inflation higher — gold’s classic safe-haven environment.
China made its 18th straight month of reserve additions in April. Global Q1 2026 physical gold demand hit a record $193B. Central banks are de-dollarising and gold is their preferred alternative.
The US Dollar Index has been near a 2-month low, with the dollar falling 0.1% on Thursday amid Iran peace deal optimism. A weaker dollar makes gold cheaper for international buyers, increasing global demand.
The Fed’s own Chicago president confirmed inflation has “accelerated since the war began” and is not cooling toward 2%. High inflation makes gold an essential portfolio hedge for investors worldwide.
Indian jewellery demand remains resilient even at ₹15,000+/gram, driven by the wedding season and festive buying. India’s Sensex has fallen, making gold’s stability even more attractive for Indian investors.
Four major central banks held rates steady in the week of May 5. Rate-hold environments historically push investors toward gold as a yield-free but capital-preserving safe haven.
📅 Key Events This Week That Could Move Gold (11–15 May)
| Date | Event | Impact on Gold |
|---|---|---|
| 11 May (Today) | Markets reopen; US-Iran peace update | Medium — watch for Iran response via Pakistan |
| 12 May (Tue) | 🚨 April US CPI Data | HIGH — Most important event of the week |
| 13 May (Wed) | April US PPI (Producer Price Index) | Medium — confirms inflation trend |
| 14 May (Thu) | US Retail Sales + Jobless Claims | Medium — economic strength signal |
| 15 May (Fri) | University of Michigan Consumer Sentiment | Medium — inflation expectations component |
| Ongoing | US-Iran peace negotiations | HIGH — any deal announcement = major catalyst |
If you are planning a gold purchase this week, be aware that tomorrow’s (12 May) CPI data could cause price swings of ₹500–₹1,500 per 10 grams on MCX intraday. If CPI comes in hotter than expected, prices may rise sharply. Consider your timing accordingly, or split your purchase across 2–3 days to average your entry price.
🔮 Gold Price Forecast 2026 — Where Is It Headed?
Despite pulling back ~15.8% from the January 2026 all-time high of $5,602/oz, analyst consensus for gold through the rest of 2026 remains strongly bullish. The “relief rally” thesis — where easing geopolitical tensions lower oil prices, reduce inflation, enable Fed rate cuts, and thereby supercharge gold — is gaining traction.
| Institution / Analyst | Gold Target (USD) | India (est. ₹/10g) | Timeframe |
|---|---|---|---|
| Goldman Sachs | $5,400/oz | ~₹1,75,000 | End 2026 |
| TD Securities | $5,200/oz | ~₹1,69,000 | Post-peace deal |
| LiteFinance | $5,400–$6,000/oz | ~₹1,75,000–₹1,95,000 | H2 2026 |
| LongForecast | Up to $6,874/oz | ~₹2,23,000 | 2026 peak scenario |
| WalletInvestor | $4,736–$4,873/oz | ~₹1,53,000–₹1,58,000 | Dec 2026 |
| May 2026 Range | $4,380–$5,100/oz | ~₹1,42,000–₹1,65,000 | This month |
| Bear Case | $3,900–$4,200/oz | ~₹1,26,000–₹1,36,000 | If peace + rate hike |
*India estimates at USD/INR ₹94.44 (current rate). All forecasts are analyst estimates, not guarantees.
💼 Best Ways to Buy Gold in India — 2026 Guide
- Sovereign Gold Bonds (SGBs) — Issued by RBI. Earn 2.5% annual interest + gold price appreciation. Zero making charges. Tax-free capital gains if held to 8-year maturity. Best long-term option for Indian investors. Check RBI’s website for the next SGB tranche opening date.
- Gold ETFs (NSE/BSE) — HDFC Gold ETF, SBI Gold ETF, Nippon India Gold ETF — backed by 99.9% physical gold. Buy/sell like shares on Zerodha, Groww, Upstox. Zero making charges. Best for SIP investors doing monthly accumulation.
- Gold Mutual Funds — No demat account needed. Invest via SIP through apps. Options: Axis Gold Fund, ICICI Pru Gold ETF FOF, Kotak Gold Fund. Returns mirror gold ETF performance minus fund expense ratio.
- Physical Gold Coins & Bars — Buy BIS Hallmark 24K coins/bars from MMTC-PAMP, India Post, SBI, or HDFC Bank. Ensure HUID (Hallmark Unique Identification) number on every piece. Best for those wanting tangible gold ownership.
- Digital Gold (PhonePe / Paytm / GPay) — Start from ₹1. Backed by physical 24K gold in secure vaults. Easy to buy, sell, and redeem as physical. Note: not yet fully SEBI-regulated — use only MMTC-PAMP or Augmont-backed platforms.
Never buy gold jewellery purely for investment — making charges of 10–25% reduce your effective returns significantly. Always demand a BIS Hallmark receipt with HUID number. For tax purposes: SGBs held to maturity are fully exempt from capital gains tax; other forms are taxed at 20% LTCG with indexation after 3 years (check latest tax rules with your CA).
❓ Frequently Asked Questions
As of 11 May 2026, 24K gold is ₹15,235 per gram (₹1,52,350/10g), 22K is ₹13,965 per gram (₹1,39,650/10g), and 18K is ₹11,426 per gram (₹1,14,260/10g), per Goodreturns data. These are indicative and exclude GST and making charges.
Aaj 11 May 2026 ko 24 carat sone ka bhav ₹15,235 per gram aur ₹1,52,350 per 10 gram hai. 22 carat gold ka rate ₹13,965 per gram (₹1,39,650/10g) hai. Ye rates indicative hain — inme 3% GST aur making charges shamil nahi hain. Sahi rate ke liye apne local jeweller ya IBJA se confirm karein.
MCX Gold June futures are trading at approximately ₹1,52,545 per 10 grams on Monday, May 11, 2026 — up 0.27% on the day. Key support is at ₹1,51,500 and ₹1,50,700. Key resistance is at ₹1,53,150 and ₹1,54,200. Monitor the May 12 CPI data closely for the next breakout direction.
India’s 24K gold rate has eased by approximately ₹330 per 10 grams from Friday. This reflects mild profit-taking as the international spot price slightly consolidated from Friday’s weekly high of $4,720/oz to $4,715.85. The US-Iran ceasefire remaining “in effect” over the weekend reduced the immediate safe-haven premium. However, structurally, gold remains well-supported above $4,634/oz (key support).
The most important event is tomorrow’s April US CPI (12 May). If inflation came in hotter than expected (as the Fed’s Goolsbee warned), gold could rally toward $4,800/oz — potentially pushing MCX rates toward ₹1,54,200–₹1,55,000. A softer CPI could cause a short-term pullback toward ₹1,50,700 support. US-Iran peace developments remain a wildcard that can move gold ±2% intraday.
If Goldman Sachs’ target of $5,400/oz is reached and USD/INR stays around ₹94–96, India’s 24K gold could reach ₹1,72,000–₹1,80,000 per 10 grams by December 2026. More bullish scenarios (TD Securities’ $5,200 post-peace, LiteFinance’s $6,000) could push prices toward ₹1,65,000–₹1,95,000 per 10 grams.
Gold is currently about 15.8% below its January 2026 all-time high — offering a relative discount from the peak. Long-term fundamentals (central bank buying, inflation, geopolitical risk) remain intact. However, with the CPI release tomorrow and US-Iran developments ongoing, splitting your purchase across 2–3 days this week is a more prudent approach than a single lump-sum entry. For long-term investors using SGBs or ETFs, the current level is a reasonable accumulation range.
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