Gold Silver Rate Today, 27 March 2026: City-Wise Prices As MCX Gold And Silver Extend Losses In India

The article reports declines in India’s gold and silver prices on 27 March 2026, driven by renewed global bullion weakness, a firmer US dollar, and higher Treasury yields. It covers city-wise domestic rates, international price movements, and implications for investors and consumers including GST, making charges, and ETF options.

Gold and silver prices in India on 27 March 2026 show fresh declines, mirroring weakness in global bullion markets. International spot gold trades near $4,411.21 per ounce, while spot silver hovers around $68.71 per ounce. A firmer US dollar, higher Treasury yields and easing speculative interest are weighing on both metals despite persistent geopolitical risks in West Asia.

Domestic bullion rates are sliding in response. In India, 24K gold is quoted at about ₹1.44 lakh per 10 grams, with a single-day fall of more than ₹2,100 per 10 grams. Silver 999 prices stand close to ₹2,49,900 per kilogram, down ₹100 from the previous session, as traders adjust to softer global benchmarks and currency movements.

Gold price today and domestic trends in India

India’s 24K gold rate on 27 March 2026 is around ₹14,454 per gram, translating to ₹1,44,540 for 10 grams. The 22K segment is priced at ₹13,249 per gram and ₹1,32,490 per 10 grams, while 18K gold trades near ₹10,840 per gram, or ₹1,08,400 per 10 grams, with each category recording a daily decline of ₹10 per 10 grams.

Gold price today and city-wise domestic variations

Across major Indian centres, bullion prices remain broadly aligned, with some premium in Chennai. For 10 grams of 24K gold, rates hover near ₹1,44,690 in Delhi and ₹1,44,540 in Mumbai, Bangalore, Kolkata and Hyderabad, while Chennai posts a steeper level at around ₹1,45,630, reflecting local demand and supply dynamics.

Gold price today and international market picture

On global exchanges, spot gold is currently around $4,411.21 per ounce, marking an intraday drop of about 3.26 percent, or nearly $148.50. The front-month contract GCW00 opened at $4,403.90, touched a high of $4,442.00 and a low of $4,400.60, with previous close at $4,409.00, volume near 5,016 lots and open interest around 218,891.

Despite a daily gain of roughly 0.37 percent on GCW00, market tone remains cautious as rising US bond yields and a stronger dollar reduce appeal for non-interest-bearing assets. Geopolitical tensions involving the US, Israel and Iran still offer some downside support, yet have not prevented a sizeable correction from this month’s earlier record zone above $5,600 per ounce.

Gold price today and recent trend in March 2026

Since 1 March 2026, Indian gold prices have retreated sharply from early highs. For 24K, levels dropped from ₹17,309 per gram to ₹14,454 by 27 March, while 22K eased from ₹15,865 to ₹13,249, representing a fall of about 16.49 percent, largely tracking the correction from international records above $5,600 per ounce.

Gold price today, key drivers and outlook for investors

US macroeconomic conditions continue to drive sentiment. A steady labour market and rising Treasury yields support the dollar, reducing the appeal of gold and other non-yielding assets. At the same time, heightened tensions between the US, Israel and Iran keep a floor under prices, limiting a deeper slide despite the month’s sizeable pullback.

Analysts warn that if the dollar index advances further, gold could revisit levels near $4,350 per ounce in the short term. Higher bond yields also weigh on investment demand, yet any sudden flare-up in West Asia could spark a swift rebound. In India, a softer rupee may partially offset global declines and the approaching wedding season could boost physical buying.

For retail buyers, indirect costs remain crucial. A 3 percent Goods and Services Tax applies on the transaction value of gold in India. Jewellery purchases usually attract making charges between 5 percent and 35 percent, depending on design complexity, while investors looking to avoid these charges often use Gold ETFs or digital gold, which closely mirror market prices.

Silver price today and domestic pattern in India

Silver has also cooled after earlier spikes during March. International spot silver trades around $68.71 per ounce, well below the early-month high of $121.64. In India, 999 fine silver is quoted near ₹249.90 per gram or ₹2,49,900 per kilogram, down ₹100 from the last trading day, reflecting pressure from the stronger US dollar and firmer US Treasury yields.

Silver price today and city-wise differentials

Most large Indian cities quote similar base silver prices, though southern centres usually trade at a premium. Delhi, Mumbai, Kolkata, Pune, Ahmedabad and Vadodara broadly list about ₹2,49,900 per kilogram. Bangalore is slightly higher around ₹2,50,200, while Chennai, Hyderabad and Kerala show a steeper tag near ₹2,59,900 per kilogram due to cultural and industrial demand.

Silver price today, global chart and March trend

On international exchanges, front-month silver contract SIW00 opened near $68.36, with an intraday high at $69.11 and low around $68.28, compared with a previous close near $67.93. Volume stands around 1,131 contracts, open interest is close to 73,756 and the contract shows a daily change of about +1.14 percent despite the broader monthly retreat.

Silver price today, drivers, outlook and investor options

For March 2026, silver in India began near ₹2,95,000 per kilogram, reached a high around ₹3,15,000 on 2 March and then eased to approximately ₹2,49,900 by 27 March, a fall of about 15.29 percent. The lowest level this month was near ₹2,30,000 on 23 March, underscoring the sharp retreat from early peaks.

Analysts note that stronger US economic data encourages expectations of steady Federal Reserve policy, supporting the dollar and yields. If the US currency continues to advance, silver could test support close to $65 per ounce, although ongoing West Asia tensions might limit deeper downside and could prompt a rebound if hostilities intensify.

Domestic silver prices are also shaped by rupee moves and regional demand. Southern cities such as Chennai and Hyderabad often trade around ₹10,000 per kilogram above other centres, linked to higher industrial and cultural use. For investors uneasy about storage and making charges, Silver ETFs like Nippon India Silver ETF (SILVERBEES) and ICICI Prudential Silver ETF remain popular.

Taxes and additional levies matter for household buyers. A 3 percent GST is charged on domestic silver purchases above the quoted market price, while making charges on items like jewellery or utensils typically range from 5 percent to 25 percent. Market participants are advised to confirm final prices, including GST and making charges, with local jewellers, as all cited rates are indicative and exclude such levies.