Gold and Silver Price Today March 26 update shows Indian bullion markets opening cautiously as both metals attempt to stabilise following the significant volatility recorded earlier this week. MCX gold for the April 2026 contract was quoted near ₹13,560 per gram in early trade, while MCX silver held around ₹22,990 per kilogram (approximately ₹229.90 per gram), reflecting a modest recovery from the week’s lows. International spot gold was trading near $4,420 per troy ounce and silver near $69.50–$70.00 per ounce as global markets opened for the Thursday session.
MCX Gold and Silver Rates — Opening Figures
MCX gold futures opened near ₹13,555 per gram on March 26, with intraday movement expected within a band of ₹13,520–₹13,600 per gram based on early session momentum. Reports suggest the metal finds immediate support at the ₹13,500 level a psychological floor — while resistance sits near ₹13,700, which the commodity failed to sustain in the previous week’s pre-correction highs.
MCX silver opened at approximately ₹22,960 per kilogram, with intraday trading range estimated between ₹22,800 and ₹23,200 per kilogram. Silver’s volatility remains higher than gold’s due to its dual role as both an investment metal and an industrial input a dynamic that makes its price more reactive to both financial market sentiment and manufacturing output data.
City-Wise Gold Price Today March 26, 2026
Local retail gold prices across Indian cities reflect the MCX benchmark with minor regional variations based on local taxes, transportation costs and dealer margins:
| City | 24-Carat Gold (per gram) | 22-Carat Gold (per gram) | 18-Carat Gold (per gram) |
| Delhi | ₹13,550 | ₹12,420 | ₹10,163 |
| Mumbai | ₹13,545 | ₹12,415 | ₹10,159 |
| Chennai | ₹13,560 | ₹12,430 | ₹10,170 |
| Kolkata | ₹13,548 | ₹12,418 | ₹10,161 |
| Bengaluru | ₹13,552 | ₹12,422 | ₹10,164 |
| Hyderabad | ₹13,555 | ₹12,424 | ₹10,166 |
| Jaipur | ₹13,545 | ₹12,415 | ₹10,159 |
| Ahmedabad | ₹13,543 | ₹12,413 | ₹10,157 |
| Lucknow | ₹13,547 | ₹12,417 | ₹10,160 |
| Pune | ₹13,546 | ₹12,416 | ₹10,159 |
Note: These rates are indicative based on MCX benchmark and standard regional premiums. Actual retail jeweller prices may include making charges (₹300–₹600 per gram) and 3% GST additionally.
Silver Price Today Across Indian Cities
Silver retail rates for March 26, 2026 across major Indian cities: [Reports suggest]
| City | Silver Price (per gram) | Silver Price (per kg) |
| Delhi | ₹229.50 | ₹22,950 |
| Mumbai | ₹229.30 | ₹22,930 |
| Chennai | ₹229.80 | ₹22,980 |
| Kolkata | ₹229.40 | ₹22,940 |
| Bengaluru | ₹229.60 | ₹22,960 |
| Hyderabad | ₹229.70 | ₹22,970 |
| Jaipur | ₹229.20 | ₹22,920 |
| Ahmedabad | ₹229.10 | ₹22,910 |
What Is Driving Gold and Silver Prices Today?
Two primary factors continue to shape bullion prices on March 26. First, the United States-Iran diplomatic situation which had earlier triggered a sharp rally in gold as a safe-haven asset remains unresolved but has moved away from imminent military escalation, reducing the immediate geopolitical risk premium embedded in gold prices. Analysts note that gold’s sharp ₹1 lakh per 10 gram correction in a single session last week reflected this de-escalation, though a full reversal of the geopolitical premium remains unlikely while tensions persist.
Second, the US dollar index held near the 104.0–104.5 range, providing a moderating influence on dollar-denominated gold prices. A stronger rupee-to-dollar exchange rate — currently trading near ₹93.90–₹94.10 per US dollar slightly offsets international gold price movements for domestic Indian buyers, meaning local prices may not move proportionally with every international swing.
Gold and Silver: Week-on-Week Change
Putting today’s prices in context, here is how gold and silver have moved over the past week:
| Metal | March 19, 2026 | March 22, 2026 | March 24, 2026 | March 26, 2026 |
| 24K Gold (₹/gram) | ₹14,620 | ₹13,580 | ₹13,564 | ~₹13,555 |
| Silver (₹/gram) | ₹241.50 | ₹230.20 | ₹229.90 | ~₹229.60 |
The data confirms that gold fell approximately ₹1,065 per gram (7.3 percent) over the past seven days one of the sharpest weekly declines in recent months before finding relative stability near current levels. Silver has also corrected by approximately ₹12 per gram (5 percent) over the same period.
Expert View: What Comes Next for Gold Prices?
Commodity analysts expect gold to remain range-bound between ₹13,400 and ₹13,800 per gram on the MCX over the coming week, absent a major escalatory trigger from West Asia or a surprise US Federal Reserve policy development. The next key macro event is the US Core PCE Price Index release on March 28 and the Federal Reserve’s April policy meeting in the first week of April both of which may shift rate-cut expectations and, consequently, gold’s dollar-denominated price.
Silver faces a more nuanced outlook: industrial demand from India’s solar energy manufacturing sector which consumed a record volume of silver in 2025 continues to provide fundamental support, but investment demand for silver as a financial asset has weakened as equity markets remain relatively stable. Reports suggest silver prices could test the ₹22,500 per kilogram level on MCX if the dollar strengthens above 105, while a dollar retreat below 103 could propel it back toward ₹24,000 per kilogram.
How to Check Live Gold and Silver Prices in India
Consumers, jewellers and investors can track real-time MCX gold and silver prices through these verified platforms:
- MCX Official Website: mcxindia.com — real-time futures prices updated tick-by-tick
- Moneycontrol: moneycontrol.com/commodity — MCX and spot prices with intraday charts
- Economic Times Markets: economictimes.com/markets/commodities — live bullion rates with expert analysis
- GoodReturns: goodreturns.in — city-wise retail gold and silver rates updated daily
- India Bullion and Jewellers Association (IBJA): ibjarates.com — standard daily rate published by the official industry body each morning
The IBJA rate serves as the benchmark that most jewellers use to set retail prices. Comparing the IBJA rate with your local jeweller’s quote helps identify whether the dealer’s premium is within the standard market range.
People Also Ask
The indicative 24-carat gold price on March 26, 2026 is approximately ₹13,545–₹13,560 per gram across major Indian cities, with MCX April futures trading near ₹13,555 per gram. Retail prices vary slightly by city due to local taxes and dealer premiums.
Silver trades at approximately ₹229–₹230 per gram (₹22,900–₹23,000 per kilogram) across Indian cities on March 26, 2026, tracking the MCX silver contract.
Gold fell approximately ₹1,065 per gram between March 19 and March 22, 2026 primarily due to reduced geopolitical risk after the United States postponed planned strikes on Iran, removing a key safe-haven demand driver. A steadier US dollar and reduced investor hedging also contributed to the correction.



