Delhi Gold Rate On March 3 Dip After Recent Surge: Check Latest Gold Price For 24k, 22k and 18k

Published: Tuesday, March 3, 2026, 12:47 [IST]

Delhi Gold Rate: Gold prices in Delhi witnessed a slight decline on 3 March 2026, with all key purities showing marginal corrections after recent fluctuations. The 24-karat gold price dropped to ₹17,017 per gram, down by ₹49 from the previous session. Similarly, 22-karat gold slipped to ₹15,600 per gram, while 18-karat gold stood at ₹12,767 per gram, reflecting a ₹36 fall. The softening comes after a volatile phase in February when uncertainty in equity markets had driven investors towards bullion as a safe-haven asset. With stocks showing inconsistent trends, traders in Delhi preferred gold to hedge against financial risks. However, after strong gains at the end of February, profit-booking and a slightly firmer rupee have now cooled prices. Market experts note that global cues, including movement in US bond yields and dollar strength, continue to influence domestic gold prices day-to-day.

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On March 3, 2026, gold prices in Delhi saw a slight decrease, with 24-karat gold at ₹17,017 per gram, 22-karat at ₹15,600 per gram, and 18-karat at ₹12,767 per gram, following recent market volatility and profit-booking.

Analysts tracking the Delhi bullion market say gold's recent behaviour reflects a tug-of-war between profit-taking by traders and fresh buying by retail investors ahead of the festive and wedding season. The metal had surged to a peak of ₹17,323 per gram on 1 March 2026, marking its highest level in over a week, before easing as equities stabilized slightly. Over the past ten days, prices have swung sharply - from ₹15,943 on 22 February to the current ₹17,017 - highlighting gold's sensitive response to macro-economic signals. Despite today's dip, jewellers expect consistent demand from small investors and households, especially if global uncertainties persist. Buyers are, however, advised to check final store prices since retail rates can vary depending on purity, making charges, GST, and TCS. Overall, gold continues to act as a safe-value asset, even as short-term corrections provide buying opportunities for long-term investors.