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Gold futures on MCX surged 3.16 percent to Rs 1,67,221 per 10 grams, while silver futures rose 3.43 percent to Rs 2,92,347 per kg amid Middle East geopolitical crisis.
Gold, silver prices on Monday saw a sharp jump
Gold and silver price today, March 02: Gold and silver commodities spiked on Monday as investors ran for safe-haven demand amid heightened volatility triggered by the Middle East geopolitical crisis.
On MCX, gold futures with expiry in April saw a sharp jump of 3.16 per cent to trade at Rs 1,67,221 per 10 grams. Meanwhile, silver futures with expiry in May also advanced 3.43 per cent to Rs 2,92,347 per kg.
The Indian rupee weakened past the Rs 91 per US dollar mark — its lowest in about a month — as rising geopolitical tensions and a likely surge in global oil prices fuelled risk-off sentiment.
On Saturday, the joint forces of US and Israel had led missile strikes on Iran that killed its supreme leader Ali Khamenei, leaving the Islamic country in fury.
The gold spot prices, however, fell across India. The price of 24-carat gold stood at Rs 1,69,800 per 10 grams, while 22k gold was available at Rs 1,55,650 per 10 grams.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On March 02?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,55,800 | Rs 1,69,950 |
| Jaipur | Rs 1,55,800 | Rs 1,69,950 |
| Ahmedabad | Rs 1,55,700 | Rs 1,69,850 |
| Pune | Rs 1,55,700 | Rs 1,69,850 |
| Mumbai | Rs 1,55,650 | Rs 1,69,800 |
| Hyderabad | Rs 1,55,650 | Rs 1,69,800 |
| Chennai | Rs 1,55,650 | Rs 1,69,800 |
| Bengaluru | Rs 1,55,650 | Rs 1,69,800 |
| Kolkata | Rs 1,55,650 | Rs 1,69,800 |
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March 02, 2026, 09:34 IST
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