Bangalore Gold Silver Rate Today, March 3, 2026: Gold Prices Down for Second Straight Day, Silver Steady

Gold prices in Bangalore declined again on March 3, 2026, marking a second consecutive day of weakening across key carat segments, even as silver prices held steady. The fall in bullion rates came amid rising geopolitical tensions and investor focus on major upcoming U.S. economic data, which influenced sentiment in the local market.

On March 3, 24 carat, 22 carat and 18 carat gold prices in Bangalore slipped from the levels seen a day earlier, mirroring trends seen in other major South Indian centres. However, silver prices in the city remained unchanged as buyers and traders weighed global cues and domestic demand.

Bangalore Gold Rate Today - March 3, 2026

24 carat gold: Rs 1,70,020 per 10 grams (down from Rs 1,70,510 on March 2)
100 grams: Rs 17,00,200 (down from Rs 17,05,100)

22 carat gold: Rs 1,55,850 per 10 grams (down from Rs 1,56,300)
100 grams: Rs 15,58,500 (down from Rs 15,63,000)

18 carat gold: Rs 1,27,520 per 10 grams (down from Rs 1,27,880)
100 grams: Rs 12,75,200 (down from Rs 12,78,800)

The declines in gold prices ranged from modest cuts in the 18-carat segment to broader falls in the 24-carat and 22-carat categories. This slide reflects caution among bullion dealers and investors as global markets react to geopolitical developments and await fresh economic indicators.

Bangalore Silver Price Today - March 3, 2026

Unlike gold, silver prices in Bangalore remained stable on March 3. The rate for silver was reported at Rs 295 per gram, with the kilogram price at Rs 2,95,000, unchanged from trading levels on the previous day.

The stability in silver, despite volatility in gold, suggests that demand and supply dynamics for the white metal in the local market were balanced during the session. Traders noted that while gold investors reacted to external cues, silver interest stayed relatively firm.

What's Driving the Trend?

Market watchers attributed the continued fall in gold prices to a mix of global and local factors:

Geopolitical tensions in the Middle East, particularly involving the United States and Iran, have kept traders cautious.

Anticipation of major U.S. economic data, including manufacturing and non-manufacturing PMI figures, employment reports and unemployment statistics, influenced bullion sentiment.

These macro developments added a degree of uncertainty, prompting some investors to stay on the sidelines or book profits at current levels.

Outlook for Buyers and Investors

With gold prices easing for a second day, buyers in Bangalore may find the current rates slightly more attractive compared to earlier sessions. However, silver's steady pattern indicates that demand for the white metal remains resilient in the local market.

Investors and consumers planning to purchase gold or silver are advised to monitor international developments and key economic releases, as these could continue to influence bullion rates in the near term.