Gold Silver Rate Today, 26 March 2026: City-Wise Prices Climb In India As MCX Gold Silver See Strong Recovery

Gold and silver prices rose on 26 March 2026 driven by a softer US dollar and renewed safe-haven demand amid West Asia tensions. Domestic prices climbed across 24K, 22K and 18K gold, with silver also rebounding. The trend reflected global cues, currency movements, and local market dynamics affecting retail rates and investment choices.

Gold and silver prices on 26 March 2026 showed strong rebounds in global and Indian markets, helped by a softer US dollar and renewed safe-haven demand from geopolitical worries in West Asia. Domestic rates for 24K gold jumped past ₹1.46 lakh per 10 grams, while 999 fine silver moved back to ₹2.50 lakh per kilogram after recent sharp corrections.

International spot gold traded near $4,521.30 per ounce, up about 2.71% or $119.30 from the previous session, while spot silver hovered around $72.11 per ounce with a daily gain close to 3.65%. Indian buyers saw parallel moves, with gold prices rising more than ₹3,700 per 10 grams and silver climbing roughly ₹15,000 per kilogram compared with the previous day.

Gold Price Today and gold rates: global cues and domestic reaction

In the global market, gold prices recovered from recent lows as investors sought safety again, supported by easing yet unresolved West Asia tensions and a weaker US dollar that made bullion cheaper for holders of other currencies. Spot gold traded around $4,521.30 per ounce, while the front-month Gold (GCW00) contract showed a daily decline of 0.94% despite the broader rebound.

Gold (GCW00) futures opened at $4,541.50, recorded a high of $4,561.30 and a low of $4,541.00, compared with a previous close of $4,585.50. Trading volume stood at 188 contracts, with open interest at 199,703, signalling active participation even as prices corrected slightly on the futures side during the session.

Gold Price Today and gold rates: domestic 24K, 22K and 18K prices

Domestic gold prices in India on 26 March 2026 tracked the global recovery, with 24K rates per 10 grams jumping by more than ₹3,700. The 24K (99.9%) benchmark touched ₹1,46,670 per 10 grams, while 22K and 18K categories also recorded sizeable daily gains, reflecting strong pass-through from international markets and currency moves.

The following table summarises the headline domestic gold categories per gram and per 10 grams, along with daily changes in rupee terms for 26 March 2026.

Gold Price Today and gold rates: gram-wise 24K prices in India

For buyers tracking smaller quantities, 24K gold rates moved sharply higher compared with 25 March 2026. The rise was visible across common weights from 1 gram to 100 grams, with the absolute impact larger at higher quantities but the per-gram increase staying consistent nationwide, subject to local levies and charges.

Gold Price Today and gold rates: gram-wise 22K and 18K trends

Rates for 22K gold, often used in jewellery, also climbed on 26 March 2026 against 25 March 2026 levels. The increase per gram stood at ₹345, while larger quantities scaled accordingly. This pattern reflected both global price movements and domestic demand considerations ahead of the upcoming wedding season.

For 18K gold, often preferred for lighter jewellery and some investment products, prices also increased compared with the previous trading day. The move per gram was ₹282, while the 10-gram rate shifted to ₹1,10,010, reflecting the same percentage rise seen in other karat segments.

Gold Price Today and gold rates: city-wise domestic variations

Local gold prices varied across major Indian cities on 26 March 2026, mainly due to state-level taxes such as octroi and other local costs. While the underlying benchmark stayed similar, final quotes differed slightly, particularly between northern, western and southern markets, with Chennai usually quoting at a small premium.

On a per-gram basis, the pattern was similar, with Chennai and some other centres trading at comparatively higher 24K, 22K and 18K levels. Most other metros such as Mumbai, Delhi, Kolkata, Bangalore, Hyderabad and Kerala reported aligned benchmarks, again showing only minimal location-linked differences.

Gold Price Today and gold rates: 10-day and March trend

Over the last ten days, gold in India has seen large swings, with 24K rates falling from mid-March highs to late-March lows before recovering again by 26 March 2026. Both 24K and 22K prices show double-digit percentage declines for the month so far, despite the latest bounce.

When viewed for March 2026 as a whole, domestic gold prices show a clear downward trend. From an opening 24K rate of ₹17,309 per gram on 1 March 2026, levels dropped to ₹14,667 by 26 March 2026, a fall of 15.26%, with 22K mirroring that decline.

Gold Price Today and gold rates: global history and market drivers

Internationally, gold touched around $5,608 per ounce in early March 2026, while Indian prices reached roughly ₹1,73,090 per 10 grams during 1–2 March 2026. Those highs were closely linked to intense geopolitical stress in West Asia, which triggered strong safe-haven flows into bullion during that period.

A sharp correction followed in mid-March as tensions eased slightly and the US dollar gained strength, causing gold prices to drop more than 14% over thirty days. Domestic prices in India fell to about ₹1,31,936 per 10 grams around 23–24 March 2026, before improving again to ₹1,46,670 by 26 March 2026.

Key influences on current gold moves include upcoming US employment and PMI data, which could shape expectations for Federal Reserve interest rate decisions. Persistent uncertainty in West Asia still supports safe-haven demand, but occasional diplomatic signals have offered limited relief to markets, while the weaker dollar has recently aided the rebound.

Gold Price Today and gold rates: ETFs versus physical purchases

In 2026, Indian investors continue to weigh Gold ETFs against physical holdings, depending on whether the aim is long-term personal use or investment. Gold ETFs allow trading units like shares, while physical gold remains common for jewellery, gifting and cultural reasons despite extra costs linked to making and storage.

For purely financial exposure, analysts usually highlight Gold ETFs due to transparency and lower entry thresholds, while physical gold remains a preferred choice for occasions and traditional saving. Buyers must still account for 3% GST and making charges ranging from 5% to 35% on jewellery purchases, over and above the quoted market rate.

Gold Price Today and gold rates: near-term outlook and buyer checklist

In the short term, international gold may test $4,600 per ounce if the US dollar continues to weaken and geopolitical stress in West Asia persists. Any signs of a dovish stance from the Federal Reserve could also support prices, especially if US economic data points towards future rate cuts or pauses.

Domestically, movements in the rupee will influence how global trends feed into local gold prices, with a weaker rupee making imports costlier. Approaching wedding season might also add physical demand support, while any revision in import duties could directly alter final retail prices paid by Indian consumers.

Analysts note that if the dollar index keeps softening, gold could test $4,600 in the coming weeks, with the recent move away from monthly lows hinting at renewed investor interest. Buyers should factor in 3% GST on bullion, plus making charges on jewellery, and may also consider Gold ETFs or digital gold for investment-oriented exposure.

Silver Price Today and silver rates: sharp rebound after correction

Silver prices also staged a strong recovery on 26 March 2026 after a deep mid-month correction, both globally and within India. International spot silver traded near $72.11 per ounce, showing a daily gain of about 3.65%, supported by the same weaker dollar and broader precious metals recovery that drove gold.

In Indian markets, 999 fine silver climbed to ₹2.50 lakh per kilogram, reflecting a daily jump of around ₹15,000 per kilogram on 25 March 2026, which ended a ten-day losing stretch. This bounce returned prices closer to the midpoint of the March trading range, though still below early-month highs.

Silver Price Today and silver rates: domestic per gram and city prices

On 26 March 2026, domestic silver prices per gram increased to ₹250 from ₹235 a day earlier, with proportional gains across higher weights. The rise was driven by both international strength and renewed local investor interest following the sharp fall earlier in March, which had taken prices near key support levels.

City-wise, southern markets such as Chennai, Hyderabad and Kerala quoted higher levels, with roughly ₹10,000 per kilogram premiums over several other cities. This differential typically reflects stronger local demand and regional supply dynamics, while the underlying global-linked benchmark remains similar across the country.

Silver Price Today and silver rates: 10-day and March movement

Over the most recent ten days, silver prices in India showed clear volatility, sliding from mid-March levels above ₹2.70 lakh per kilogram to lows near ₹2.30 lakh before the latest recovery. The table below tracks quotes for 10 grams, 100 grams and 1 kilogram during this period.

For March 2026 overall, silver opened at ₹2,95,000 per kilogram on 1 March 2026, peaked at ₹3,15,000 per kilogram on 2 March 2026, and then slipped to ₹2,50,000 per kilogram by 26 March 2026. The lowest level for the month was ₹2,30,000 per kilogram on 23 March 2026, implying a monthly decline of 15.25%.

Silver Price Today and silver rates: futures, ETFs and market drivers

On the derivatives side, international Silver (SIW00) futures opened around $71.50, hit a high near $71.90 and a low close to $71.14, before settling below the previous close of $72.64, with a daily change of -1.70%. Volume reached 583 contracts, and open interest stood at 73,976, pointing to active speculative and hedging interest.

In India, MCX silver futures for May 2026 delivery climbed to an intraday high of ₹2,37,350 per kilogram during recent trading, mirroring the broader recovery. Market participants remained sensitive to geopolitical headlines and any potential shift in US monetary policy stance, which could influence both industrial demand expectations and safe-haven flows.

Silver ETFs gained prominence in 2026 because they remove issues around physical storage, purity checks and making charges. Many investors now use systematic investment plans as low as ₹100 per month on platforms such as Groww or Zerodha to build exposure, rather than buying physical bars or utensils.

Silver Price Today and silver rates: top ETFs and short-term view

Several silver ETFs in India showed very strong one-year returns by March 2026, helped by silver’s role in solar power, electric vehicles and electronics, alongside its safe-haven character. Funds such as Nippon India Silver ETF (SILVERBEES), Tata Silver ETF, UTI Silver ETF and ICICI Prudential Silver ETF all posted returns above 200% over twelve months.

Looking ahead, analysts state that if the US dollar weakens further, silver could test $75 per ounce in the near term, supported by industrial usage and safe-haven interest linked to West Asia. For Indian buyers, a weaker rupee, import duties and the standard 3% GST on physical silver will continue to shape final purchase costs.

Domestic purchases of both gold and silver remain subject to a 3% GST, with additional making charges of roughly 5% to 35% on jewellery and 5% to 25% on many silver articles. Official rates quoted in this report are indicative market levels excluding taxes and making charges, so buyers should confirm final prices with local jewellers before transacting.