Gold Price Update: After Several Days of Rally, Gold Becomes Cheaper – Check Today’s Latest Rates

Published On: March 5, 2026
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Gold Price Update

Gold Price Update: Gold prices in India have finally seen a slight decline after several days of continuous increase. According to the latest market update, 24-carat gold is trading at ₹17,002 per gram, while 22-carat gold is priced at ₹15,585 per gram and 18-carat gold at ₹12,752 per gram.

The latest rates have been updated based on data from reputed jewellers and current market reports. This drop in prices comes after a steady rise in gold rates over the past few days, giving buyers a potential opportunity to purchase gold at slightly lower prices.

Gold Price in India Today

In today’s trading session, gold prices in the Indian market showed a noticeable dip across all purity levels. Below are the latest gold rates in India:

24K Gold Price Today

  • 1 gram: ₹17,002
  • 8 grams: ₹1,36,016
  • 10 grams: ₹1,70,020
  • 100 grams: ₹17,00,200

22K Gold Price Today

  • 1 gram: ₹15,585
  • 8 grams: ₹1,24,680
  • 10 grams: ₹1,55,850
  • 100 grams: ₹15,58,500
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18K Gold Price Today

  • 1 gram: ₹12,752
  • 8 grams: ₹1,02,016
  • 10 grams: ₹1,27,520
  • 100 grams: ₹12,75,200

Overall, today’s gold price in India has dropped slightly compared to yesterday. The fall in both 24K and 22K gold rates may encourage buyers who were waiting for prices to cool down before making a purchase.

Gold Prices in Major Indian Cities

Gold prices vary slightly across different cities due to local taxes, demand, and transportation costs. Today’s approximate rates are:

  • Chennai: 24K – ₹17,073 | 22K – ₹15,650
  • Mumbai: 24K – ₹17,002 | 22K – ₹15,585
  • Delhi: 24K – ₹17,017 | 22K – ₹15,600

Cities such as Kolkata, Bangalore, Hyderabad, Kerala, and Pune also show similar price levels.

Meanwhile, in Vadodara and Ahmedabad, gold is being traded at around ₹17,007 per gram for 24K gold and ₹15,590 per gram for 22K gold.

Although there are minor differences from city to city, the overall trend across the country reflects a slight drop in gold prices today.

Gold Price Trend in March 2026

If we look at the trend since the beginning of March 2026, gold prices have shown a mild downward movement.

  • On March 1, 24K gold was priced at ₹17,309 per gram
  • Today it has fallen to ₹17,002 per gram

Similarly:

  • 22K gold dropped from ₹15,865 to ₹15,585

Despite fluctuations, the overall performance in the early days of March indicates a slight correction in gold prices after a strong rally earlier.

Silver Price Today in India

Silver prices have also declined today along with gold.

  • 1 gram silver: ₹295
  • 8 grams: ₹2,360
  • 10 grams: ₹2,950
  • 1 kilogram: ₹2,95,000
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Compared to the previous day, silver prices have also seen a drop. Investors planning to buy gold or silver are advised to check the latest rates with nearby jewellers before making a purchase.

Conclusion

After several days of continuous growth, both gold and silver prices have shown a slight decline today. This could be a good opportunity for buyers and investors who were waiting for prices to stabilize.

However, since precious metal prices change frequently based on global markets and demand, keeping track of daily gold price updates is always recommended before investing.

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