Gold, silver rate in India today (18 March 2026): Check latest city-wise prices

Gold prices in India edged slightly higher on Wednesday, with modest gains recorded despite mixed global cues and continued volatility in the rupee. The domestic bullion market maintained a cautious tone, with both gold and silver showing limited movement in early trade.

According to data from GoodReturns, 24-carat gold rose by about ₹10, taking the price of 10 grams to roughly ₹1,58,090. Silver also saw a marginal increase of around ₹100 per kilogram, trading near ₹2,75,100.

Current gold rates in India (March 18)

24K gold: ₹15,809 per gram

22K gold: ₹14,491 per gram

18K gold: ₹11,857 per gram

Market watchers suggested that buyers remained cautious, tracking overseas trends and domestic currency volatility before making substantial bullion purchases.

Gold rates across major cities

Prices remained largely stable across key metropolitan centres. In Mumbai and Kolkata, 10 grams of 24-carat gold were priced at approximately ₹1,58,090, while in Chennai, rates were higher at around ₹1,59,810. In the national capital, Delhi, prices hovered near ₹1,58,240.

For 22-carat gold, rates in Mumbai, Kolkata, Bengaluru and Hyderabad were about ₹1,44,910 per 10 grams. Chennai again recorded higher prices, with gold trading near ₹1,46,490.

Benchmark 999-purity gold was quoted at roughly ₹15,809 per gram across the country.

Gold prices in major cities (March 18, 2026)

Silver prices in India

Silver prices were largely uniform nationwide, trading at about ₹2,75,100 per kilogram in cities including Delhi, Mumbai, Chennai and Kolkata. On a per gram basis, the metal averaged around ₹275.10.

Analysts said silver continues to react more sharply to global risk sentiment, with currency fluctuations adding to price movements in the domestic market.

What’s driving the market?

Market watchers pointed to a mix of global and domestic drivers shaping bullion trends. Ongoing geopolitical tensions have supported safe-haven demand, while fluctuations in the rupee have influenced import costs.

Seasonal demand linked to the upcoming wedding and festival period has also lent some support. In addition, investors are closely watching inflation trends and signals from the Reserve Bank of India for further direction.

Advice for buyers and investors

Experts advised consumers to remain cautious amid intraday price swings and to purchase only BIS-hallmarked jewellery. Buyers were also encouraged to compare prices across jewellers and carefully check invoices for purity, weight and additional charges.

For investors, analysts recommended keeping a close watch on global developments and currency movements, as bullion prices remain sensitive to international market conditions.