The Gold Price Today 24 March 2026 on the Multi Commodity Exchange (MCX) was quoted at approximately ₹13,564 per gram for 24‑carat bullion, according to the latest domestic market feed. Spot silver was trading at roughly ₹229.90 per gram in the Hyderabad spot market, reflecting a similar level on the MCX silver contract. International spot gold hovered around $4,418 per ounce and silver near $69.55 per ounce, indicating a slight rebound from the previous session’s lows.
MCX Rates Overview
MCX gold futures for the April 2026 contract opened at ₹13,560 per 10 grams and moved in a tight band between ₹13,540 and ₹13,580 during the morning session. The contract showed a marginal gain of 0.23 % in international terms, translating to a rupee‑denominated increase of less than ₹10 per gram compared with the previous day’s close. MCX silver remained steady near ₹22,990 per kilogram, with intraday volatility confined to a narrow range of ±0.5 %.
City Wise Price List
In Hyderabad, the retail price for 24‑carat gold stood at ₹13,564 per gram, while 22‑carat and 18‑carat variants were quoted at ₹12,434 and ₹10,173 per gram respectively. Silver in the same city was available at ₹229.90 per gram.
Chennai bullion traders listed 24‑carat gold at ₹13,565 per gram and 22‑carat gold at ₹12,435 per gram, according to a separate market survey. The city’s silver rate matched the Hyderabad figure at roughly ₹230 per gram.
Mumbai’s bullion association reported 24‑carat gold at ₹13,560 per gram and 22‑carat gold at ₹12,430 per gram for the same day. Delhi jewellers quoted 24‑carat gold near ₹13,550 per gram, with 22‑carat trading around ₹12,420 per gram.
Bangalore market sources indicated 24‑carat gold at ₹13,555 per gram and 22‑carat at ₹12,425 per gram, reflecting a uniform decline across majormetros. These city‑level rates align closely with the MCX benchmark, confirming that local premiums remained within the typical ₹10‑₹20 per gram band.
Factors Influencing Prices
Analysts attribute the day‑to‑day movement to a softening of geopolitical risk premiums after the United States postponed planned strikes on Iran, reducing immediate safe‑haven demand. The US dollar‑INR exchange rate traded near 93.97, offering marginal support to rupee‑denominated gold prices.
Oil‑price stability and subdued inflation expectations in the United States further eased pressure on precious‑metal markets, allowing gold to recover from its earlier monthly low. Market participants noted that any renewed escalation in West Asia could quickly reverse the modest gains observed today.
Silver Price Details
Spot silver on MCX traded at ₹22,990 per kilogram, which equates to ₹22.99 per gram, matching the Hyderabad and Chennai quotations of ₹229.90 per 10 grams (or ₹22.99 per gram) after adjusting for unit conversion. Industrial demand from solar‑panel manufacturers and electronics firms continued to underpin silver’s price, though investment‑driven flows remained tentative.
Reports suggest that silver’s volatility remained higher than gold’s, with intraday swings of up to ₹1.50 per gram observed on the MCX futures chart. The metal’s correlation with the US dollar stayed strong, meaning any dollar‑index rebound could exert downward pressure on silver quotes.
Expert Outlook
Market experts predict that gold may trade in a band of ₹13,400‑₁₃,₇₀₀ per gram over the next week, contingent on the outcome of US‑Iran diplomatic talks and the upcoming Federal Reserve policy meeting. Silver is expected to stay sensitive to both industrial cues and currency movements, with a possible range of ₹22,500‑₹23,500 per kilogram on MCX.
Investors are advised to monitor real‑time MCX quotes via trusted financial portals and to consider the impact of local taxes and making charges when purchasing physical jewellery. The consistency between exchange prices and city‑level rates indicates a transparent arbitrage mechanism, reducing scope for significant regional discrepancies.
How to Check Live Rates
Individuals can access live MCX gold and silver prices through the websites of brokerage firms such as Moneycontrol, Upstox, and the Economic Times, which update tick‑by‑tick data during market hours. Mobile applications offered by commodity exchanges also provide push‑notifications for price breaches beyond preset thresholds.
For city‑specific retail rates, local bullion association websites and reputable jeweller portals publish daily price lists that include making charges and GST details. Comparing these rates with the MCX benchmark helps buyers assess the true cost of acquisition before finalising a transaction.
Today’s gold price held steady near ₹13,560 per gram after a volatile week, while silver hovered around ₹230 per gram. Did you notice any difference between the MCX rate and your local jeweller’s quote, and what factors do you think will drive the next move in precious‑metal prices? Share your city, the gold or silver product you’re tracking, and your outlook in the comments below.
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