Gold & Silver Prices Today in India — 2 March 2026 Update
Gold and silver prices continue to show strong movements in India’s precious metals market, driven largely by escalating geopolitical tensions in the Middle East and safe-haven demand from investors. Recent strikes involving the U.S., Israel and Iran have boosted global gold prices, influencing domestic rates significantly.
Global Market Impact
• International gold prices climbed to multi-week highs, with spot gold surpassing $5,300 per ounce as investors shifted toward safe assets amid conflict-related uncertainty.
• The rising geopolitical temperature also raised concerns about supply chain disruptions in precious metals.
Gold Prices in India Today
Domestic gold prices have risen sharply in recent sessions, reflecting international bullishness in bullion markets. Recent live data shows significant jumps in gold rates:
22-Carat Gold:
• ₹15,865 per gram (up ~₹402 compared to previous day)
• ₹1,58,650 per 10 grams (up ~₹4,020)
24-Carat Gold:
• ₹17,308 per gram (up ~₹437)
• ₹1,73,080 per 10 grams (up ~₹4,370)
100g Gold: up by approx ₹40,200 for 22K and ₹43,700 for 24K.
These strong upward movements show renewed buying interest and risk-off flows into bullion.
City-Wise Gold Price Trends
Current 24-carat gold rates per 10 grams in major Indian cities (as per latest available close figures):
| City | 24K Gold (₹/10g) |
|---|---|
| New Delhi | ₹180,266 |
| Mumbai | ₹179,742 |
| Kolkata | ₹177,471 |
| Chennai | ₹172,056 |
| Bangalore | ₹171,707 |
| Hyderabad | ₹172,405 |
| Patna | ₹172,405 |
| Jaipur | ₹172,405 |
| (IBJA rates) |
Note: These figures reflect recent market price closings and can vary slightly with day-to-day trading activity.
Silver Prices Today
Silver prices have also been influenced by the same geopolitical triggers, although they are relatively steadier compared to gold. Current rates across major cities are:
| City | 10g Silver (₹) | 100g Silver (₹) | 1kg Silver (₹) |
|---|---|---|---|
| Delhi | ₹2,950 | ₹29,500 | ₹2,95,000 |
| Mumbai | ₹2,950 | ₹29,500 | ₹2,95,000 |
| Kolkata | ₹2,950 | ₹29,500 | ₹2,95,000 |
| Chennai | ₹3,000 | ₹30,000 | ₹3,00,000 |
Silver remains a widely used metal in both jewellery and industrial sectors, with domestic demand playing a key role in pricing.
What This Means for Buyers & Investors
Buyers: With gold rates climbing, those planning jewellery purchases should monitor prices closely and buy when local rates are favourable.
Investors: Precious metals are attracting safe-haven inflows due to global risk, but volatility remains — especially if geopolitical tensions continue.
Market Watch: International cues like Dollar movements, COMEX gold rallies, and Middle East developments will keep influencing Indian prices.