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Gold and Silver Rates In India Today, March 11: In Mumbai, the price of 24-carat gold rises to Rs 1,63,630 per 10 grams, while 22k gold is available at Rs 1,49,990 per 10 grams.
Gold and Silver Rates In India Today, March 11.
Gold and Silver Rates In India Today, March 11: Gold and silver prices in India eased on March 11, while investors awaited a slew of US economic data this week to gauge the US Federal Reserve’s policy trajectory. On the MCX, gold was trading lower by 0.40% at Rs 1,62,651 per 10 grams in the early trade on Wednesday, while silver fell 0.85% to Rs 2,75,479 per kg.
In Mumbai, the price of 24-carat gold increased to Rs 1,63,630 per 10 grams, while 22k gold was available at Rs 1,49,990 per 10 grams. These rates do not include GST and making charges.
Last month, gold touched its all-time high of over Rs 1,80,000, while silver prices hit a record Rs 4,20,000.
What Is The Price Of 22kt, 24kt Gold Today In India Across Key Cities On March 11?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,49,010 | Rs 1,62,540 |
| Jaipur | Rs 1,49,010 | Rs 1,62,540 |
| Ahmedabad | Rs 1,48,910 | Rs 1,62,440 |
| Pune | Rs 1,48,860 | Rs 1,62,390 |
| Mumbai | Rs 1,48,860 | Rs 1,62,390 |
| Hyderabad | Rs 1,48,860 | Rs 1,62,390 |
| Chennai | Rs 1,48,860 | Rs 1,62,390 |
| Bengaluru | Rs 1,48,860 | Rs 1,62,390 |
| Kolkata | Rs 1,48,860 | Rs 1,62,390 |
In the international market, US spot gold was up 0.3% at $5,208.08 per ounce, as of 0243 GMT. US gold futures for April delivery fell 0.5% to $5,216.80.
Crude oil prices dropped below $90 per barrel, cooling inflation concerns, a day after US President Donald Trump predicted a quick end to the war with Iran, while the International Energy Agency proposed the largest ever oil release from strategic reserves, according to a media report.
“With these (inflation) concerns having eased… hedging and safe-haven attributes (of gold) has once again come to the fore. So, I think from current levels we remain optimistic,” said Nikos Kavalis, Singapore managing director of Metals Focus, according to Reuters.
The US and Israel pounded Iran with what the Pentagon and the Iranians on the ground called the most intense airstrikes of the war, despite global markets betting that Trump will seek to end the conflict soon.
The war has effectively shut the Strait of Hormuz, a chokepoint for a fifth of global oil and liquefied natural gas, stranding tankers for more than a week and forcing producers to halt output as storage fills, driving energy prices soaring.
The US military “eliminated” 16 Iranian mine-laying vessels near the Strait of Hormuz on Tuesday, the US Central Command said in a statement.
Bullion, traditionally viewed as a safe-haven asset, has risen more than 20% so far this year, notching successive record highs amid heightened geopolitical and economic uncertainty.
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.
March 11, 2026, 09:36 IST
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