Gold Silver Rate Today, March 30: Bangalore, Chennai & Hyderabad Gold Prices Drop; Check 24k,22k,18k Rate

The yellow metal has come under fresh pressure at the start of the week, with the gold rates today undergoing a sharp decline across major Indian cities on Monday. The fall is because of the weakness in the global bullion market, dragging domestic rates lower.

In cities like Bengaluru, Chennai, and Hyderabad, gold rates are now over 15% below their recent record highs.
The pressure on gold price today in India is mainly because of the continued uncertainty surrounding the US-Iran tensions, which have kept global markets volatile. While geopolitical risks typically support gold as a safe-haven asset, the current scenario has been more complex.

On the global front, spot gold edged slightly lower by 0.1% to $4,488.46 per ounce, during a volatile session as per Reuters report. A softer US dollar provided some support.

At the same time, crude oil prices have surged to near 52-week highs, adding to inflationary pressure globally. Meanwhile, the stock market today also saw sharp declines, further impacting overall investor sentiment in the bullion segment.

Gold Rate in Bangalore

On 30th march,the 22-carat gold rates in Bangalore today declined by Rs. 750 to cost Rs. 1,48,200. Meanwhile, 24-carat gold now retails for Rs. 1,47,280 per 10 grams, which dropped by Rs. 810. Just like that, 18-carat gold rates in Bangalore also fell by Rs. 610 to retail at Rs. 1,10,460 per 10 grams.

Gold Prices in Chennai Today

The sharp fall was seen in the Gold rate in Chennai as well. The 24-carat gold rate in Chennai crashed by Rs. 650 per 10 grams to cost Rs. 1,48,370 per 10 grams, while the 22-carat gold rate in Chennai dropped by Rs. 600 and now retails at Rs. 1,36,000 per 10 grams.

Gold Rate In Hyderabad

Following Chennai and Bengaluru's lead, gold prices in Hyderabad today fell across purities. The 24 karat gold rate in Hyderabad is now available at Rs. 1,47,280 which fell by Rs. 810 While the 22 karat gold rate in Hyderabad fell by Rs. 750 and now retails at Rs. 1,35,000.

Gold Future Price On MCX

On the Multi Commodity Exchange (MCX), the gold futures for June 5th 2026, delivery are trading in red down 0.07%, at Rs. 1,47,152 per 10 grams at the time of writing.However, the silver futures prices for the May 5th expiry are adding some gains today by 0.37%, trading at Rs.2,28,800 per kg.

According to ICICI Direct Commodity Report, "MCX Gold April is expected to rise towards Rs.146,000, as long as it moves above Rs. 140,000. Only a move above Rs. 146,000, it would rise towards Rs. 148,000. MCX Silver May is expected to move in the range of Rs.220,000 and Rs. 2,34,000. A move below Rs. 2,20,000 would turn weaker towards Rs.214,000."

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