Last Updated:
Gold and silver prices in India eased after a rally driven by Middle East conflict. 24-carat gold is Rs 1,70,020 per 10gm, silver below Rs 3,00,000.
Amid escalating tensions in the Middle East, gold and silver prices have witnessed a sharp surge, with market experts warning of further increases if the conflict intensifies.
Gold and silver prices: Gold and silver prices across India eased slightly after rallying as investors rushed towards safe havens due to the conflict in the Middle East. The price of 24-carat gold stood at Rs 1,70,020 per 10 grams, while 22k gold was available at Rs 1,55,850 per 10 grams. These rates do not include GST and making charges.
Silver also fell by Rs 20,000 to come down below Rs 3,00,000.
On MCX, gold futures, whose expiry is on April 02, 2026, was traded at Rs 1,66,199 per 10 gram, with a rise of 2.53 per cent. While silver futures expiring on March 05, 2026, were trading at Rs 2,80,090 per kg, with a fall of 0.90 per cent.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On March 03?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,56,000 | Rs 1,70,170 |
| Jaipur | Rs 1,56,000 | Rs 1,70,170 |
| Ahmedabad | Rs 1,55,900 | Rs 1,70,070 |
| Pune | Rs 1,55,900 | Rs 1,70,070 |
| Mumbai | Rs 1,55,850 | Rs 1,70,020 |
| Hyderabad | Rs 1,55,850 | Rs 1,70,020 |
| Chennai | Rs 1,55,850 | Rs 1,70,020 |
| Bengaluru | Rs 1,55,850 | Rs 1,70,020 |
| Kolkata | Rs 1,55,850 | Rs 1,70,020 |
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
Click here to add News18 as your preferred news source on Google.
Follow News18 on Google. Join the fun, play games on News18. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the News18 App to stay updated.
March 03, 2026, 09:52 IST
Read More