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Gold Rate Today (March 7, 2026): Will The Yellow Metal Rise Further? Check 24K, 22K, 18K, 14K Prices In Delhi, Mumbai, Chennai, Bangalore, Hyderabad & Other Major Cities
Gold Rate Today (March 7, 2026): Will The Yellow Metal Rise Further? Check 24K, 22K, 18K, 14K Prices In Delhi, Mumbai, Chennai, Bangalore, Hyderabad & Other Major Cities
Gold Rate Today: Gold prices remain volatile amid global tensions. Check the latest 24K, 22K and 18K gold rates in Delhi, Mumbai and other Indian cities.
Gold Rate Today: Gold prices are experiencing sharp swings as geopolitical tensions involving Iran, the United States, and Israel continue to influence global markets. According to the Indian Bullion and Jewellers Association (IBJA), gold prices eased by the close of trading on Friday. As the bullion market remains shut on Saturday and Sunday, these rates will stay unchanged throughout the weekend. Based on the latest IBJA data, 24-carat gold is priced at Rs 1,58,751 per 10 grams, while 22-carat gold stands at Rs 1,45,416 per 10 grams. Meanwhile, 18-carat gold is currently valued at Rs 1,19,063 per 10 grams.
In the Delhi bullion market, gold prices declined for the second straight session as traders booked profits after a recent rally. According to the All India Sarafa Association, the price of 24-carat gold with 99.9 percent purity dropped by Rs 1,100, bringing the rate down to Rs 1,64,100 per 10 grams (including all taxes).
On the global front, however, gold continued to trade higher. In international markets, spot gold rose to $ 5,095.81 per ounce, reflecting sustained demand for the precious metal amid geopolitical uncertainty.
While the physical market saw a decline, gold futures on the Multi Commodity Exchange (MCX) recorded a marginal rise. Gold futures increased by 0.03 per cent, or Rs 41, to Rs 161675 per 10 grams. In the previous trading session, the contract had closed at Rs 161634 per 10 grams.
Earlier this year, on January 29, gold futures touched an all-time high of Rs 1,80,779 per 10 grams, highlighting the strong bullish momentum that the metal experienced during the rally.
City-Wise Gold Prices In India
What Experts Are Saying
According to PTI, “Gaurav Garg, research analyst at Lemon Markets Desk, said that gold prices saw significant volatility on Friday, mainly due to ongoing geopolitical tensions in West Asia and strong safe-haven buying.”
Market analysts believe that the recent price movement is largely driven by profit-booking after a strong rally and continued geopolitical tensions. Traders are also closely monitoring global developments in West Asia, which often push investors toward safe-haven assets like gold.
According to analysts, fresh buying interest has also supported gold prices in futures markets, even as domestic spot prices faced selling pressure.
Source: Timesnownews.com
Source: OfficeNewz
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