Gold Rate Today (3 Mar 2026): IBJA Jumps; Tanishq, Kalyan, Malabar, Joyalukkas Update Amid Middle East Tension

Rising geopolitical tensions in West Asia and continued volatility in global financial markets have kept bullion prices elevated, with gold maintaining its upward momentum on Tuesday, March 3, 2026. Jewellery retailers across India have revised their rates in line with firm international trends and strong domestic demand.

Gold remains a preferred safe haven as investors seek stability amid uncertainty. Here is a look at the latest 22 karat gold jewellery rates at major retail brands and updated benchmark prices released by the India Bullion and Jewellers Association on March 3, 2026.

IBJA Gold Rates On March 3, 2026

According to the India Bullion and Jewellers Association's morning update on March 3, 2026, gold prices continue to hover near record highs.

Indicative retail selling rates per gram:

• Fine Gold 999: Rs 16,674
• 22 Karat: Rs 15,285
• 20 Karat: Rs 13,895
• 18 Karat: Rs 12,506
• 14 Karat: Rs 11,116

These benchmark rates do not include GST and making charges and serve as a reference for jewellers across the country.

22 Karat Gold Rates At Major Jewellery Brands

As of March 3, 2026, leading jewellery retailers have updated their per gram prices for 22k gold across key cities such as Bengaluru, Mumbai and Chennai.

• Tanishq: Rs 15,670 per gram
• Malabar Gold & Diamonds: Rs 15,630 per gram
• Joyalukkas: Rs 15,630 per gram
• Kalyan Jewellers: Rs 15,630 per gram

These prices are indicative retail rates sourced from respective brand platforms around mid day and may vary slightly depending on city specific levies and store level adjustments. Final billing will also include making charges and 3 percent GST.

What Buyers Should Know

Retail gold jewellery prices differ from pure bullion rates as they include making charges and GST. Rates can also vary by location due to logistics and local taxes. Buyers are advised to check live rates with their nearest store before making a purchase.

With volatility expected to persist, gold prices may remain sensitive to global developments, currency movements and investor sentiment in the coming sessions.