The gold price today has seen a noticeable drop across India, giving some relief to buyers. The fall is visible in all categories, including 18K, 22K and 24K gold rates. At the same time, the gold silver rate today also shows weakness, with silver prices falling in major cities like Mumbai.
As per the latest market updates and IBJA (India Bullion and Jewellers Association) data, gold prices have corrected after a recent rally.
Latest Gold Prices (March 2026)
Here is a simple breakdown of the price of gold today:
24K Gold: Around ₹13,500–₹13,600 per gram
22K Gold: Around ₹12,400–₹12,500 per gram
18 Carat Gold Rate Today: Around ₹10,100–₹10,200 per gram
These prices may slightly vary depending on location, taxes, and jewellers.
City-wise Gold Rate Today
Delhi
22K gold: Around ₹1,24,000 per 10 grams
Mumbai
Similar to Delhi, slight variation due to local demand
Kolkata (Today gold rate Kolkata 22 carat)
Around ₹1,24,000–₹1,25,000 per 10 grams
Jaipur (Gold rate today Jaipur)
Around ₹1,24,000 per 10 grams
Overall, prices across cities remain close, with minor differences.
Silver Rate Today
The silver rate today Mumbai and other cities has also declined:
Silver price: Around ₹2,05,000–₹2,10,000 per kg
MCX silver rate today: Showing a sharp fall in recent sessions
This indicates a broader weakness in the bullion gold and silver market.
Why Gold Rate Is Falling?
Many investors are asking: why gold rate is falling?
Here are the key reasons:
1. Strong US Dollar
Gold becomes expensive globally when the US dollar strengthens, reducing demand.
2. Rising Interest Rates
Higher interest rates make fixed-income investments more attractive than gold.
3. Profit Booking
After a strong rally, investors are selling gold to lock in profits.
4. Global Market Pressure
Despite global tensions, markets are adjusting due to inflation fears and oil price rise.
5. Weak Short-Term Demand
Jewellery demand has slowed slightly, impacting prices of bullion gold.
IBJA and Bullion Market Update
The IBJA provides standard gold rates across India:
Used as a benchmark by jewellers
Reflects pure gold value without GST
Current IBJA data shows gold is in a correction phase.
What This Means for Buyers
Good Opportunity
Prices are lower than last week
Ideal time for jewellery buyers
For Investors
Market is volatile
Prices may fluctuate further
Key Takeaways
Gold rate today has declined across India
18K, 22K and 24K gold prices are lower
Silver rate today Mumbai also down
MCX silver rate today shows bearish trend
Global factors are driving prices
Conclusion
The gold today price shows a clear downward trend after a recent rise. Whether you are checking the today gold rate Kolkata 22 carat, gold rate today Jaipur, or overall gold silver rate today, the market is currently in a correction phase.
For buyers, this could be a good opportunity, but investors should stay cautious due to ongoing volatility.