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On the MCX, the price of gold increases 0.75% to trade at Rs 1,60,876 per 10 grams in the early trade on Friday, while silver rises 2.33% to Rs 2,68,297 per kg.
Gold and silver prices today, March 6.
Gold and Silver Rates Today, March 6: Gold and silver prices in India rose on March 6, after investors sought the safe-haven metal as uncertainty grew over a widening Middle East conflict. On the MCX, the price of gold increased 0.75% to trade at Rs 1,60,876 per 10 grams in the early trade on Friday, while silver rose 2.33% to Rs 2,68,297 per kg.
In the spot market, in Mumbai, the price of 24-carat gold increased to Rs 1,64,500 per 10 grams, while 22k gold was available at Rs 1,50,790 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 Rates Today In India Across Key Cities On March 6?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,49,440 | Rs 1,63,020 |
| Jaipur | Rs 1,49,440 | Rs 1,63,020 |
| Ahmedabad | Rs 1,49,340 | Rs 1,62,920 |
| Pune | Rs 1,49,290 | Rs 1,62,870 |
| Mumbai | Rs 1,49,290 | Rs 1,62,870 |
| Hyderabad | Rs 1,49,290 | Rs 1,62,870 |
| Chennai | Rs 1,49,290 | Rs 1,62,870 |
| Bengaluru | Rs 1,49,290 | Rs 1,62,870 |
| Kolkata | Rs 1,49,290 | Rs 1,62,870 |
In the international market, US spot gold was up 1% at $5,124.73 per ounce, as of 0255 GMT. The metal has lost roughly 3% so far this week, set to snap a four-week winning streak, as fading rate-cut prospects and higher energy prices stoked inflation concerns.
US gold futures for April delivery were up 1.1% at $5,131.
The dollar weakened, making greenback-priced bullion less expensive for holders of other currencies. [USD/]
“Geopolitical risks are still not subsiding. In fact, there could be a risk of escalation, given the fact that the recent interview by Iranian foreign minister stating that the Iranian forces are ready for a ground invasion by the U.S. or even Israel. So that’s actually supporting gold price,” said Kelvin Wong, a senior market analyst at OANDA, according to Reuters.
On the sixth day of the war, Iran launched a series of attacks on Israel, the United Arab Emirates and Qatar.
US Defense Secretary Pete Hegseth and Admiral Brad Cooper, who leads US forces in the Middle East, said that the U.S. has enough munitions to continue its bombardment indefinitely.
The US-Israeli military campaign against Iran launched on Saturday has struck targets across the country and triggered Iranian retaliation.
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.
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March 06, 2026, 09:36 IST
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