Gold Price Today, 21 July 2026: MCX August Gold Futures Rise 0.66% to Rs 1,42,327 Per 10 Grams as Crude Oil Declines; Key Levels to Watch
- July 21, 2026
- Posted by: Ankit Jaiswal
- Category: News
MCX August gold futures up 0.66% at Rs 1,42,327 per 10 grams (9:34 AM). Day high Rs 1,42,390. Gold Mini up 0.60% at Rs 1,42,189. Support Rs 1,41,000 and Rs 1,40,000. Resistance Rs 1,42,700.
Gold price today climbed on the Multi Commodity Exchange on Tuesday, 21 July 2026, with the August gold futures contract rising 0.66 percent, or Rs 939, to Rs 1,42,327 per 10 grams as of 9:34 AM. The rally came as crude oil prices declined on US-Iran mediation hopes while lingering Gulf tensions kept safe haven demand for bullion intact.
The yellow metal traded in a range of Rs 1,42,157 to Rs 1,42,390 in early trade after opening at Rs 1,42,386, building on Monday’s close of Rs 1,41,388. This article covers the full contract wise gold price today, the factors driving the move, and the key technical levels experts are watching.
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Gold Price Today on MCX: Contract Wise Rates for 21 July 2026
| Contract | Price (Rs) | Change |
|---|---|---|
| Gold August futures (10 grams) | 1,42,327 | +939 (+0.66%) |
| Gold Mini August futures (10 grams) | 1,42,189 | +848 (+0.60%) |
| Gold Ten August futures | 1,43,557 | +880 (+0.62%) |
| Gold Petal August futures (1 gram) | 14,450 | +73 (+0.51%) |
| Gold Guinea August futures (8 grams) | 1,15,503 | +529 (+0.46%) |
Across contract sizes, the gold price today shows uniform strength of roughly half to two thirds of a percent, confirming that the buying is broad based rather than driven by positioning in a single contract. Prices are as of 9:34 AM IST and will change through the session.
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Why Gold Price Today Is Rising
Three forces are lifting the gold price today. First, crude oil declined, with Brent easing 0.4 percent to 88.87 dollars a barrel and MCX crude futures slipping 0.2 percent, which cools inflation fears without removing the geopolitical anxiety that supports bullion. Second, the Gulf remains tense: the United States and Iran exchanged fresh attacks even as mediation efforts continue, and Yemen’s Houthis have threatened a naval blockade of Saudi Arabia. Uncertainty of this kind is the classic fuel for safe haven buying.
Third, the currency backdrop is stable. The US dollar index is steady at 100.96, near a one week high but not surging, which leaves room for dollar priced gold to advance. On COMEX, gold is holding above the psychologically important 4,000 dollars per ounce mark, a level analysts flag as the line between consolidation and deeper correction.
Gold Price Today: Key Levels Experts Are Watching
On the technical front, analysts see immediate support for MCX gold at Rs 1,41,000, followed by the crucial psychological floor of Rs 1,40,000 per 10 grams. A decisive break below Rs 1,40,000 could intensify selling toward the Rs 1,39,300 to Rs 1,38,700 zone. On the upside, the Rs 1,42,000 to Rs 1,42,700 band is the immediate resistance area, and the gold price today is trading right inside it.
A sustained close above Rs 1,42,700 would signal that buyers have absorbed the supply at resistance and could open the path toward higher levels, while repeated rejection from this zone would argue for range trading. On COMEX, a recovery above 4,050 to 4,070 dollars could lift prices toward 4,120 to 4,150 dollars, whereas a slide below 4,000 dollars risks a test of 3,920 to 3,900 dollars.
What Should Gold Investors Do Now
For physical buyers, staggered purchases remain sensible when the gold price today sits near resistance after a bounce, since a rejection could offer better entry points. For traders, the levels define the trade: longs against the Rs 1,40,000 support with strict stop losses, or breakout trades only on a confirmed close above Rs 1,42,700. For long term investors, gold’s role is portfolio insurance against exactly the kind of geopolitical shock the Gulf is currently producing, so allocation discipline matters more than timing.
Sovereign gold bonds in the secondary market, gold exchange traded funds, and MCX futures each suit different horizons, and investors should match the instrument to their time frame rather than chase the daily move in the gold price today.
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Gold Price Today and the Crude Oil Connection
The inverse dance between gold and crude is worth understanding. When crude oil falls on de-escalation hopes, as it did today with Brent at 88.87 dollars, inflation expectations soften and central banks face less pressure to stay hawkish, which lowers the opportunity cost of holding non yielding gold. At the same time, the underlying geopolitical tension that first lifted oil has not disappeared, so safe haven demand for bullion persists even as the energy premium unwinds.
That is precisely the combination visible in the gold price today: crude down, gold up, and both markets glued to every headline from the Gulf. If mediation collapses, both could rally together; if a durable ceasefire lands, gold may surrender part of its recent geopolitical premium.
Festive Season Demand: The Domestic Angle
India’s physical market adds a seasonal layer to the picture. Jewellers typically begin building inventory from August ahead of the festive and wedding season, and a stabilising price after a sharp rally often triggers that restocking. Rural demand, supported by a healthy monsoon so far, is another swing factor for physical offtake in the second half of the year.
Elevated prices have kept retail buying selective, but any dip toward the Rs 1,40,000 support could revive volume buying, providing a domestic cushion under the gold price today irrespective of global flows.
Conclusion
The gold price today reflects a market balancing softer crude oil against unresolved Gulf tensions: MCX August futures up 0.66 percent at Rs 1,42,327 per 10 grams, trading inside the key Rs 1,42,000 to Rs 1,42,700 resistance band. The Rs 1,40,000 level remains the floor that bulls must defend, while COMEX gold holding above 4,000 dollars keeps the global picture constructive. Investors should track the levels, size positions carefully, and consult a SEBI registered adviser before trading on the gold price today.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Gold Price Today, 21 July 2026
What is the gold price today on MCX, 21 July 2026?
Ans. Gold price today on MCX shows the August futures contract up 0.66 percent, or Rs 939, at Rs 1,42,327 per 10 grams as of 9:34 AM IST, after trading in a range of Rs 1,42,157 to Rs 1,42,390 in early trade.
Why is the gold price today rising?
Ans. Gold price today is rising because Gulf tensions between the US and Iran are supporting safe haven demand, crude oil has declined on mediation hopes, and the dollar index is steady near 100.96, leaving room for bullion to advance.
What are the key support levels for gold price today?
Ans. Analysts see immediate support for MCX gold at Rs 1,41,000, followed by the crucial psychological level of Rs 1,40,000 per 10 grams. A decisive break below Rs 1,40,000 could push prices toward the Rs 1,39,300 to Rs 1,38,700 zone.
What are the resistance levels for gold price today?
Ans. The immediate resistance for MCX gold lies in the Rs 1,42,000 to Rs 1,42,700 band, which the gold price today is currently testing. A sustained close above Rs 1,42,700 could open the way for further gains.
How is COMEX gold trading today?
Ans. COMEX gold is holding above the key 4,000 dollars per ounce support level. Analysts say a recovery above 4,050 to 4,070 dollars could lift prices toward 4,120 to 4,150 dollars, while a break below 4,000 dollars risks a slide to 3,920 to 3,900 dollars.
Is it a good time to buy gold at current levels?
Ans. With the gold price today near resistance after a bounce, staggered buying suits physical buyers, while traders should follow the defined support and resistance levels with stop losses. Investors should consult a SEBI registered adviser before buying.
Where can I track gold price today live?
Ans. You can track the gold price today live, including MCX futures across all contract sizes and COMEX rates, on the Univest app and website along with daily commodity research alerts.
