Gold rates and silver rates in India are broadly unchanged on Sunday, March 8. The precious metals performance for the coming week will depend upon inflationary pressures and Middle East conflict. However, noteworthily, the demand of gold as a haven against systemic economic instability has so far been outweighed by the upside in dollar.
MCX gold is expected to trade in the range of Rs 1,55,900 to Rs 1,64,000 per 10 grams, while MCX silver is likely to perform between Rs 249,000 to Rs 285,000 per 1Kg in the coming trading week.

Precious metals globally have been struggling in March 2026 despite geopolitics uncertainty in Middle East. Traders are now pricing only one rate cut from US Federal Reserve in the coming policies, while the chances of a rate hike from Fed has also increased to tame inflation.
On the other hand, oil prices rose sharply last week, gaining more than 22% on a weekly basis, marking the largest rise since early 2022.
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