Check the latest gold & silver prices in India for 24K, 22K, & 18K gold. See city-wise rates and find out why prices are volatile. Get today's live rates now!
Gold prices in India eased on Wednesday despite continued geopolitical tensions in the Middle East, including the ongoing Iran–Israel–US conflict, which has kept global markets volatile. After a strong rally in the previous session driven by safe-haven demand, bullion witnessed profit-booking, leading to a marginal decline across major cities.
According to the latest domestic rates-
24K gold fell by ₹311 to ₹16,451 per gram
22K gold declined by ₹285 to ₹15,080 per gram
18K gold dropped by ₹236 to ₹12,338 per gram.
The correction comes after a recent surge triggered by heightened global uncertainty. Analysts say such pullbacks are common after sharp upward movements as investors lock in profits.
Today’s gold price in India stands at ₹16,451 per gram for 24 karat (99.9% purity), ₹15,080 per gram for 22 karat (91.6% purity), and ₹12,338 per gram for 18 karat (75% purity).
Gold Rate Today in Major Cities (Per Gram)
| City | 24K (₹) | 22K (₹) | 18K (₹) |
|---|---|---|---|
| Chennai | 16,582 | 15,200 | 13,100 |
| Mumbai | 16,451 | 15,080 | 12,338 |
| Delhi | 16,466 | 15,095 | 12,353 |
| Kolkata | 16,451 | 15,080 | 12,338 |
| Bangalore | 16,451 | 15,080 | 12,338 |
| Hyderabad | 16,451 | 15,080 | 12,338 |
| Thiruvananthapuram | 16,451 | 15,080 | 12,338 |
| Pune | 16,451 | 15,080 | 12,338 |
| Vadodara | 16,456 | 15,080 | 12,343 |
| Ahmedabad | 16,456 | 15,080 | 12,343 |
Silver Rate Today in India
Silver prices also saw volatility during the session, with rates fluctuating amid global cues and currency movements. Silver fell by ₹100 per kg before rebounding.
Silver rate in major cities in India today
| City | 10 Gram | 100 Gram | 1 Kg |
|---|---|---|---|
| Chennai | ₹2,950 | ₹29,500 | ₹2,95,000 |
| Mumbai | ₹2,850 | ₹28,500 | ₹2,85,000 |
| Delhi | ₹2,850 | ₹28,500 | ₹2,85,000 |
| Kolkata | ₹2,850 | ₹28,500 | ₹2,85,000 |
| Bangalore | ₹2,850 | ₹28,500 | ₹2,85,000 |
| Hyderabad | ₹2,950 | ₹29,500 | ₹2,95,000 |
| Thiruvananthapuram | ₹2,950 | ₹29,500 | ₹2,95,000 |
| Pune | ₹2,850 | ₹28,500 | ₹2,85,000 |
| Vadodara | ₹2,850 | ₹28,500 | ₹2,85,000 |
| Ahmedabad | ₹2,850 | ₹28,500 | ₹2,85,000 |
MCX Gold and Silver Prices Today
On the MCX (Multi-Commodity Exchange), bullion showed strength in early trade. MCX gold price rose around 1.2% in pre-market action, while MCX silver gained nearly 1%, tracking positive global signals.
Globally, COMEX gold climbed above key levels after recovering from previous losses, as geopolitical tensions continued to support safe-haven buying. Market sentiment remains sensitive to developments in the Middle East, particularly the escalating Iran–Israel–US conflict, which has increased uncertainty across financial markets.
Why Gold and Silver Prices Are Volatile
Gold and silver prices in India are influenced by international bullion trends, US dollar movements, rupee-dollar exchange rates, inflation expectations, and geopolitical developments. A weaker rupee typically pushes domestic prices higher, even if global rates remain steady. Given ongoing global tensions, traders expect continued volatility in both gold rate today and silver rate today.
Published: 04 Mar 2026, 10:30 am IST
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