New Delhi/Mumbai: Precious metal prices in India experienced a downturn on Sunday, March 22, 2026, with gold and silver rates declining across key urban centres, reflecting trader caution over potential prolonged inflation driven by elevated crude oil prices amid ongoing Middle East tensions now in their fourth week.
According to live updates , 24-karat gold per 10 grams ranged between ₹1,45,010 in Delhi and ₹1,45,680 in Chennai. In Mumbai, 24kt gold stood at ₹1,45,260, with 22kt at ₹1,33,155 and 18kt at ₹1,08,945. Other cities showed similar variations:
- Jaipur: 24kt ₹1,45,240; 22kt ₹1,33,137; 18kt ₹1,08,930
- Kolkata: 24kt ₹1,45,060; 22kt ₹1,32,972; 18kt ₹1,08,795
- Bengaluru: 24kt ₹1,45,370; 22kt ₹1,33,256; 18kt ₹1,09,028
- Hyderabad: 24kt ₹1,45,490; 22kt ₹1,33,366; 18kt ₹1,09,118
- Pune and Nashik: 24kt ₹1,45,260; 22kt ₹1,33,155; 18kt ₹1,08,945
On the Multi Commodity Exchange (MCX), gold futures closed slightly lower at ₹1,44,825 per 10 grams on Friday, with trading halted over the weekend.
Silver prices also softened, with rates per kilogram hovering around ₹2,27,150 in Delhi to ₹2,28,210 in Chennai. In Mumbai, silver was quoted at ₹2,275 per 10 grams, ₹22,754 per 100 grams, and ₹2,27,540 per 1 kg. MCX silver in Delhi settled nearly 2% lower at ₹2,27,470 per kg on Friday, marking a drop of ₹3,990.
The declines position gold and silver for their steepest weekly losses in over a month, as investors grow wary of sharp crude oil surges potentially sustaining high inflation and prompting elevated interest rates.
These retail bullion rates exclude additional charges such as GST, TCS, or making fees applied by jewellers. Prices can fluctuate based on local demand, purity standards, and global cues. For the most accurate and real-time quotes, consumers should consult authorised dealers or official platforms.