Gold Rates In India Today (Mar-10): Silver Rates Jump; Gold Is Rs 16,470 Less From Peak; 24K, 22K, 18K Gold

Gold rates in India pulled out from their selling trend and surged by Rs 53 to Rs 7,000 across carats on March 10th. Silver rates rallied to hit Rs 2.90 lakh mark in 1Kg. Both gold and silver prices soared globally after US dollar dipped below 99 level as US President Donald Trump hinted at ending the war with Iran soon. This restored markets faith amid ongoing geopolitical crisis.

Gold Rates In India:

24 Carat gold prices stood at Rs 1,62,380 per 10 grams, up by Rs 700. While 100 grams gold price rose by Rs 7,000 to Rs 16,23,800. Further, 8 grams gold is higher by Rs 560 to Rs 1,29,904 and 1 gram gold inched up by Rs 70 to Rs 16,238.

At the current level, 10 grams gold of 100% purity is less than Rs 16,470 away from hitting its all-time high of Rs 1,78,850 which was recorded on January 29, 2026.

Meanwhile, 22 carat gold price climbed by Rs 650 to Rs 1,48,850 per 10 grams, and further surged by Rs 6,500 to Rs 14,88,500 per 100 grams. The gold rate in 8 grams is also up by Rs 520 to Rs 1,19,080, while 1 gram gold is higher by Rs 65 to Rs 14,885.

Furthermore, 18 carat gold prices soared by Rs 530 to Rs 1,21,790 per 10 grams, while 100 grams gold price here advanced by Rs 5,300 to Rs 12,17,900. In case of 8 grams, gold is up by Rs 424 to Rs 97,432 and 1 gram gold is up by Rs 53 to Rs 12,179.

Despite the latest rally, gold is down by nearly 6.2% in India across carats.

Why Gold Prices Are Impacted This Month?

As per Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA), the metal has corrected after an extended rally that took the price to record highs, prompting investors to take some profits off the table. Yet, the price of the precious metal is still higher than it was before the correction, showing that the demand for the precious commodity has not yet died down.

Meanwhile, US dollar index had surged sharply since the US-Israel war with Iran as expectations of rate hike circulated. The reason behind the rate hike probability is the inflationary pressure that was feared to escalate due to soaring crude oil prices.

The latest surge is because of the softness in dollar to below 99. As per Trading Economics, dollar saw sharp intraday drop in the previous session, as hopes for a swift end to the Iran war reduced safe-haven demand for the currency. President Donald Trump said the US military operation in Iran is nearing its conclusion and running well ahead of the initial four- to five-week estimated timeframe. He also indicated plans to waive oil-related sanctions and have the US Navy escort tankers through the Strait of Hormuz to help keep oil prices in check.

Check Gold Rates In Top Cities:

The gold prices city-wise are in 1 gram across carats.

City	24K Today	22K Today	18K Today
Chennai	₹16,418	₹15,050	₹12,890
Mumbai	₹16,238	₹14,885	₹12,179
Delhi	₹16,253	₹14,900	₹12,194
Kolkata	₹16,238	₹14,885	₹12,179
Bangalore	₹16,238	₹14,885	₹12,179
Hyderabad	₹16,238	₹14,885	₹12,179
Kerala	₹16,238	₹14,885	₹12,179
Pune	₹16,238	₹14,885	₹12,179
Vadodara	₹16,243	₹14,890	₹12,184
Ahmedabad	₹16,243	₹14,890	₹12,184

Silver Rates In India:

Silver rate in India climbed by Rs 10,000 to Rs 2.90 lakh per 1KG. Silver at Rs 2.90 lakh is in cities like Mumbai, Bengaluru, Kolkata, Pune, Delhi, Vadodara and Ahmedabad. But silver in 1Kg is most expensive in Chennai, Hyderabad and Kerala, where price stood at Rs 3 lakh.

Silver Rates In Top Cities:

City	10 Gram	100 Gram	1 Kg
Chennai	₹3,000	₹30,000	₹3,00,000
Mumbai	₹2,900	₹29,000	₹2,90,000
Delhi	₹2,900	₹29,000	₹2,90,000
Kolkata	₹2,900	₹29,000	₹2,90,000
Bangalore	₹2,900	₹29,000	₹2,90,000
Hyderabad	₹3,000	₹30,000	₹3,00,000
Kerala	₹3,000	₹30,000	₹3,00,000
Pune	₹2,900	₹29,000	₹2,90,000
Vadodara	₹2,900	₹29,000	₹2,90,000
Ahmedabad	₹2,900	₹29,000	₹2,90,000

Also, 100 grams and 10 grams silver prices are up by Rs 1,000 and Rs 100 to Rs 29,000 and Rs 2,900. While 8 grams silver zoomed by Rs 80 to Rs 2,320 and 1 gram silver is up by Rs 10 to Rs 290.

Silver has recovered significant losses as it mostly stayed sideways. Hence, 1Kg silver is down by 2% in March so far.

What Is Impacting Silver Rates?

In Kamboj's opinion, Currently, the price of silver is continuing its slide from the previous closing as investors continue to take profits after witnessing a strong up move in recent times.

He added that the slide in silver is also in line with the overall correction in precious metals, as it is a volatile asset. The fact that it is still at lofty levels suggests that its support is not completely lost.

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