Gold rate today, 13 April 2026: Following the escalation in the US-Iran war after the failure of the ceasefire talks in Islamabad over the weekend, crude oil prices skyrocketed on Monday. Due to the rise in the price of black gold, gold and silver rates today came under selling pressure during the early morning session on Monday. The MCX gold rate today opened with a downside gap at ₹1,51,547 per 10 gm and touched an intraday low of ₹1,51,457 per 10 gm within a few minutes of the Opening Bell. Likewise, the COMEX gold price today is oscillating around 4,740 per ounce, around one per cent below Friday’s close.
Speaking on the factors dragging gold rates today, Anuj Gupta, a SEBI-registered market expert, said the gold price is under pressure due to soaring crude oil prices. Gupta said crude oil prices are rising due to the escalation of the US-Iran war following the failure of ceasefire talks in Islamabad. He said the US government has announced a blockade of the Strait of Hormuz, which will further fuel crude oil prices, a development that would force the US Fed to go hawkish to address inflationary challenges.
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