Gold Silver Rate Today, 15 March 2026: City-Wise Prices, MCX Trends Show Gold Steady While Silver Slips

This article provides a concise, fact-based update on gold and silver prices as of 15 March 2026, detailing domestic India rates, international benchmarks, purity-by-purity comparisons, and key factors affecting bullion markets.

Gold and silver prices on 15 March 2026 are easing after recent swings, with both metals under pressure from a stronger US dollar but still drawing some support from Middle East tensions. Global gold is hovering near $5,023 per ounce, while silver has slipped to about $81.34 per ounce, and Indian bullion markets show stable gold rates but weaker silver prices.

Domestic bullion traders report no change in Indian gold rates compared with 14 March 2026, even as international prices cool from earlier peaks. Average silver rates in major northern cities now stand near ₹2.75 lakh per kilogram, reflecting a sharp fall of almost 4% in overseas benchmarks as investors reassess expectations of quick interest rate cuts by the US Federal Reserve.

Gold Price Today domestic and international overview

Globally, gold has edged back from recent record levels above $5,100 per ounce, with spot prices around $5,023.10 as of the latest session. The stronger US dollar is limiting gains in dollar‑priced commodities, yet geopolitical tensions in the Middle East continue to support demand for safe‑haven assets, helping to keep prices from falling more sharply.

Key international indicators highlight this consolidation phase. Spot gold opened near $5,084, traded between a high of $5,132.40 and a low of $5,014.10, and closed the previous session at $5,125.80. Daily performance shows a decline of about 1.25%, with trading volume around 155,259 contracts and open interest near 207,359, signalling active but cautious participation.

Gold Price Today in India and purity-wise rates

In India, 24K gold on 15 March 2026 is quoted at about ₹1.59 lakh per 10 grams, with prices stabilising after earlier declines this month. The national average rate for 24K gold is ₹15,966 per gram, while 22K stands at ₹14,635 per gram and 18K at ₹11,974 per gram, with no change from the previous trading day.

The following table summarises current national benchmark gold prices by purity and standard quantity for 15 March 2026, along with daily changes recorded from yesterday’s levels across the country.

Gold Price Today weight-wise rates across India

Standard weight‑wise quotations show that 24K gold prices remain unchanged from 14 March 2026 across all tracked slabs. Whether buying 1 gram or 100 grams, investors will see identical quoted values to yesterday, reflecting a pause in domestic price movement despite recent international softness.

Rates for 22K gold show the same pattern, with no difference between today and yesterday across standard quantities. Buyers of 1 gram, 10 grams or up to 100 grams will face the same prices as on 14 March 2026, highlighting a day of consolidation in the domestic market.

Similarly, 18K gold rates in India on 15 March 2026 match those of the previous day at every tracked weight slab. This steadiness suggests that, for now, domestic pricing has adjusted to earlier declines and is waiting for a fresh trigger from currency moves or global bullion shifts.

Gold Price Today city-wise variations in India

City‑level data show modest variation because of local taxes and demand, with Chennai continuing to trade at a premium to other metros. Other major cities, including Mumbai, Delhi and Kolkata, largely mirror the national averages for 24K and 22K gold, while minor differences appear in 18K rates in some centres.

When comparing 24K gold prices per 10 grams in leading metros, Chennai again records the highest quote. Delhi, Mumbai, Bangalore and Kolkata cluster around the national benchmark, showing that regional differences, while present, remain moderate for standard bullion purchases across India.

Gold Price Today international purity-wise and country comparison

On the global market, price benchmarks by purity show 24K gold trading near $161.81 per gram, 22K around $148.30 per gram and 18K close to $121.40 per gram. These levels underscore how the firm US dollar is weighing on bullion even as geopolitical risks provide an underlying floor for prices.

Comparing gold prices across major countries, rates vary when converted into Indian rupees, reflecting currency differences. For example, 1 gram of gold costs $165.50 in the United States, equal to around ₹15,318, while Singapore, the UAE and China show slightly different rupee‑equivalent levels for the same quantity.

Gold Price Today recent trend in India

Looking at the last ten days, Indian gold prices have moved lower from early March highs. On 6 March 2026, 24K gold stood at ₹16,113 per gram and climbed to ₹16,364 by 7 and 8 March, before easing steadily to the current ₹15,966 level by 14 and 15 March, with 22K rates following a similar path.

For March 2026 overall, gold in India shows a clear downward trend. On 1 March, 24K gold was ₹17,309 per gram and 22K ₹15,865, which were also the month’s highest levels. By 15 March, prices fell to ₹15,966 and ₹14,635 respectively, marking declines of about 7.7% from the start of the month.

Gold Price Today key cost factors and buying avenues

Indian buyers need to factor in additional costs beyond the displayed gold rate. A 3% Goods and Services Tax (GST) is levied on the value of gold, and jewellery purchases usually attract making charges between 5% and 35%, depending on design complexity and brand policies, which can significantly affect the final invoice.

Investors who prefer market‑linked exposure without paying making charges can look at instruments such as Gold ETFs, digital gold products or direct bullion contracts on exchanges like MCX. Popular online options in 2026 include fintech apps such as PhonePe, Google Pay and Paytm, national jewellery chains like Tanishq and CaratLane, as well as gold‑focused ETFs from issuers such as Nippon India and ICICI Prudential.

Gold Price Today guidance for long-term investors

Analysts note that the recent pullback and subsequent stabilisation in gold offers possible entry points for those with long‑term horizons. Many financial planners suggest keeping gold at around 5% to 15% of an overall portfolio, using systematic investment plans in Gold ETFs or digital gold to spread timing risk rather than making large lump‑sum bets.

Technical watchers are paying attention to key international levels near $5,000 and $5,100 per ounce as short‑term support and resistance. Digital gold remains popular with retail savers because it allows small‑ticket purchases, high liquidity and easier storage compared with physical bars or jewellery, although taxation and platform terms still need careful review.

Silver Price Today international and domestic snapshot

Silver has faced steeper losses than gold on 15 March 2026, with global spot prices sliding nearly 4.4% to a range between $80.54 and $81.34 per troy ounce. The primary driver is the stronger US dollar and reduced expectations of immediate interest rate cuts, which are prompting investors to trim exposure to precious metals.

In India, the average silver price has retreated to about ₹2.75 lakh per kilogram across major northern centres. Despite this drop, local quotes differ slightly between regions, with southern cities such as Chennai and Hyderabad commanding up to ₹5,000 per kilogram more than northern metros, due to stronger cultural traditions and industrial usage.

Silver Price Today global metrics and recent move

International silver benchmarks now show per gram rates between about $2.59 and $2.70, and per kilogram levels in the $2,590 to $2,615 band. The recent slide of close to 4% has followed a broader sell‑off in the precious metals complex, as traders react to the firm dollar and reassess the timing of potential policy easing by the US Federal Reserve.

Trading data for the SIW00 contract underline this pressure. Silver opened at $83.91, reached a high of $85.62 and dropped to a low of $79.52, with the last quoted price around $81.34. The previous close was $85.11, implying a daily fall of about 4.43%, on volume near 46,984 contracts and open interest around 77,604.

Silver Price Today domestic rates by weight and city

Standardised national quotes show Indian silver holding at ₹275 per gram, ₹2,750 per 10 grams, ₹27,500 per 100 grams and ₹2,75,000 per kilogram on 15 March 2026, unchanged from 14 March. This indicates that the domestic market has already absorbed the latest global decline, at least for now, with no fresh day‑on‑day movement.

City‑wise, silver prices show modest regional spreads. Chennai, Hyderabad and Kerala post higher quotes at ₹2,800 per 10 grams and ₹2,80,000 per kilogram, while cities such as Delhi, Mumbai, Bangalore and Kolkata list ₹2,750 per 10 grams and ₹2,75,000 per kilogram, reflecting regional taxes and demand differences.

When viewed by kilograms across key metros, Chennai and Hyderabad again stand out with ₹2,80,000 per kilogram, while Delhi, Mumbai, Bangalore, Kolkata and Pune are at ₹2,75,000 per kilogram. This consistent premium in the south reflects both cultural preferences for silver items and specific regional industrial needs.

Silver Price Today recent trend and March movement

Silver’s Indian price trend over the past ten days shows a clear downward pattern. From ₹2,850 per 10 grams between 6 and 8 March 2026, rates eased to ₹2,800 on 9 and 12 March, then slipped further to ₹2,750 by 14 and 15 March, tracking the correction seen in global markets during this period.

For March 2026 as a whole, silver has retreated from an opening level of ₹2,95,000 per kilogram on 1 March to ₹2,75,000 by 15 March, with a high of ₹3,15,000 recorded on 2 March. This represents a monthly fall of about 6.78%, with prices moving steadily lower from that early‑month peak.

Silver Price Today buying costs, platforms and investor view

Like gold, silver buyers in India must add 3% GST to the quoted market price. For physical products such as jewellery, coins or utensils, making charges usually range from 5% to 25%, which vary with design, purity and retailer, and can materially change the effective cost per gram when purchasing finished items.

Beyond physical bullion, investors can access silver through Silver ETFs, digital silver offerings or platforms specialising in bars and coins. Popular options in 2026 include apps like PhonePe, Google Pay, Paytm and OroPocket, as well as jewellery portals such as Tanishq, CaratLane, Kalyan Jewellers and Candere, and bullion suppliers like MMTC‑PAMP, Augmont and Motilal Oswal.

Market observers highlight that silver has displayed intense volatility in early 2026, having dropped from peaks near $121 per ounce in January to current levels around $80. Long‑term investors may see this as a chance to accumulate gradually, using systematic investment plans in Silver ETFs or digital silver, while tracking key support and resistance at international $78 and $84, and domestic ₹2.70 lakh and ₹2.85 lakh per kilogram.

Gold Price Today and Silver Price Today risk notes and final perspective

Both gold and silver prices in India are shaped by a mix of international benchmarks, currency fluctuations and local taxes, and the rates cited here are indicative values that exclude GST, Tax Collected at Source and making charges. Final purchase prices can therefore be higher once a 3% GST and typical making costs of 5% to 35% on jewellery or 5% to 25% on silver items are applied by retailers.

The Sunday Guardian states that these bullion figures are provided for informational use and should not be treated as financial advice. Readers are encouraged to confirm the latest gold and silver quotes, as well as applicable taxes and making charges, with nearby jewellers or authorised bullion dealers before making any investment or purchase decision on 15 March 2026 or later dates.