Gold Rates In India Today Crash Deep On Gudi Padwa, Udagi, Chaitra Navratri 2026; 24K, 22K, 18K Gold Prices

Gold rates in India crashed deeply on March 19, despite steadier performance in spot gold, which halted its six-consecutive-day losing streak. Whether it's 24 carat, 22 carat, or 18 carat, gold has fallen across the board. 10 grams of gold is below the Rs 1.55 lakh mark, while 100 grams of gold nosedived by up to Rs 27,800. One of the major reasons for the decline is the strengthening of the dollar and surge in crude oil prices, which continues to dampen rate cut hopes.

Gold rates in the country faced a sharp decline after the US Federal Reserve kept key interest rates unchanged to 3.25% to 3.75% during its second monetary policy of 2026. The FOMC also hinted at a probability of just one rate cut later in the year. Market expectations for two rate cuts have dimmed for 2026.

Meanwhile, dollar firmed above 100 mark against a basket of currencies due to hawkish remarks of Fed. Additionally, US WTI Crude surged 1% to trade around $98, and Brent Crude climbed nearly 5% to perform around $113 per barrel, keeping inflationary risks fear intact.

Apart from this, gold prices decline comes as a good news to those who are looking to buy precious metals for celebration of Gudi Padwa, Ugadi and Chaitra Navratri on March 19.

Gold Rates In India:

24 carat gold rates in India plunged by Rs 2,780 in 10 grams to Rs 1,54,640 and dropped by a whopping Rs 27,800 to Rs 15,46,400 in 100 grams. 24 carat of 8 grams and 1 gram gold also fell by Rs 2,224 and Rs 278 to Rs 1,23,712 and Rs 15,464.

Furthermore, 22 carat gold price dropped by Rs 2,550 to Rs 1,41,750 per 10 grams, nosedived by Rs 25,500 to Rs 14,17,500 and plummeted by Rs 2,040 to Rs 1,13,400 per 8 grams. The 1 gram gold is lower by Rs 255 to Rs 14,175.

Additionally, the 18 carat gold price declined by Rs 20,900 in 100 grams to Rs 11,59,800, while tumbled by Rs 2,090 to Rs 1,15,980 per 10 grams. The 8 gram gold dipped by Rs 1,672 to Rs 92,784 and 1 gram gold slipped by Rs 209 to Rs 11,598 in 18 carat.

This will be the second consecutive decline in gold rates.

Gold prices have contracted by nearly 11% as of March 19, 2026.

Gold Rates Performance In Past 10 Days:

Date	24K Gold (per gram)	22K Gold (per gram)
Mar 19, 2026	₹15,464 (-278)	₹14,175 (-255)
Mar 18, 2026	₹15,742 (-66)	₹14,430 (-60)
Mar 17, 2026	₹15,808 (+66)	₹14,490 (+60)
Mar 16, 2026	₹15,742 (-224)	₹14,430 (-205)
Mar 15, 2026	₹15,966 (0)	₹14,635 (0)
Mar 14, 2026	₹15,966 (-103)	₹14,635 (-95)
Mar 13, 2026	₹16,069 (-153)	₹14,730 (-140)
Mar 12, 2026	₹16,222 (-109)	₹14,870 (-100)
Mar 11, 2026	₹16,331 (+93)	₹14,970 (+85)
Mar 10, 2026	₹16,238 (+70)	₹14,885 (+65)

Gold Rates City-Wise:

In majority cities like Mumbai, Kolkata, Bengaluru, Hyderabad, Kerala and Pune, 10 grams gold price stood at Rs 1,54,640. But in Delhi, gold is at Rs 1,54,790, while in Ahmedabad and Vadodara, gold is at Rs 1,54,690. In Chennai, 10 grams gold is more expensive to Rs 1,56,000 of 24 carat.

Check rates of 1 gram gold prices city-wise here:

City	24K Today	22K Today	18K Today
Chennai	₹15,600	₹14,300	₹11,980
Mumbai	₹15,464	₹14,175	₹11,598
Delhi	₹15,479	₹14,190	₹11,613
Kolkata	₹15,464	₹14,175	₹11,598
Bangalore	₹15,464	₹14,175	₹11,598
Hyderabad	₹15,464	₹14,175	₹11,598
Kerala	₹15,464	₹14,175	₹11,598
Pune	₹15,464	₹14,175	₹11,598
Vadodara	₹15,469	₹14,180	₹11,603
Ahmedabad	₹15,469	₹14,180	₹11,603

Why Gold Rates Are Falling?

As per Justin Khoo, Senior Market Analyst - APAC, VT Markets, the resulting policy uncertainty creates a strong tailwind for gold and silver. As the market weighs the transition from Powell to Kevin Warsh amidst legal subpoenas and regional war, the U.S. dollar may face pressure from a perceived leadership vacuum. This instability enhances safe haven demand as investors seek protection from potential stagflation.

Should You Invest In Gold?

According to Ross Maxwell, Global Strategy Operations Lead, VT Markets, gold remains near historically elevated levels, supported by a combination of macroeconomic and geopolitical factors. While the strong performance over the past few years has already priced in many supportive factors, there are still positive drivers that can create more moderate upside, even if it is not at the same pace. Gold tends to perform well when there are inflation concerns, elevated sovereign debt levels, and geopolitical uncertainty, all of which remain relevant globally at present.

He further explained that continued diversification by central banks into gold reserves and periodic volatility in equity and currency markets could also provide further support.

"The main headwinds that could cap further upside include a sustained period of higher real interest rates, a stronger USD, and improving global economic stability that encourages investors to rotate back into risk assets such as equities," Maxwell said.

For existing investors, he lastly said, "a balanced approach would be responsible. Maintaining core exposure to gold as a hedge against macro uncertainty while gradually booking partial profits after sharp rallies. Portfolio diversification remains key, with gold functioning primarily as a stabilising asset rather than looking for it to produce returns at such elevated levels."

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