Gold Rates In India Today Crash Again On Inflation Fear; Gold Falls Rs36,500 In 3 Days; 24K, 22K, 18K Gold

Gold rates in India crashed for the third consecutive day on March 14, with 10 grams of gold falling by Rs 1,030 and 100 grams of gold plunging by Rs 10,300 in 24 carat. The benchmark gold is below the Rs 1.60 lakh mark now.

One of the key reasons why gold prices are under pressure despite the heightened conflict in the Middle East is the strengthening of the US dollar, as a spike in crude oil prices has dulled expectations of rate cuts in 2026 and instead triggered inflationary risks.

Gold Rates In India:

24 carat gold price plunged by Rs 1,030 to Rs 1,59,660 per 10 grams, while 100 grams gold price dropped by Rs 10,300 to Rs 15,96,600. The 8 grams gold rate slipped by Rs 824 to Rs 1,27,728 and 1 gram gold inched lower by Rs 103 to Rs 15,966.

Meanwhile, 22 carat gold price dipped by Rs 950 to Rs 1,46,350 per 10 grams, and 100 grams gold nosedived by Rs 9,500 to Rs 14,63,500. Furthermore, 8 grams gold dived by Rs 760 to Rs 1,17,080 and 1 gram gold is down by Rs 95 to Rs 14,635.

Coming to 18 carat gold, 10 grams gold plunged by Rs 780 to Rs 1,19,740 and 100 grams gold price tumbled by Rs 7,800 to Rs 11,97,400. Additionally, 8 grams gold edged lower by Rs 624 to Rs 95,792 and 1 gram gold is down by Rs 78 to Rs 11,974.

Gold prices are in red for the third consecutive day. Prior to the latest fall, 10 grams and 100 grams gold price were down by Rs 1,530 and Rs 15,300 on March 13th in 24 carat. Before that they were down by Rs 1,090 and Rs 10,900 on March 12th.

Cumulatively, from March 12th to March 14th, gold prices have crashed by Rs 36,500 in 100 grams and Rs 3,650 in 10 grams of 24 carat.

Following this, gold has extended its fall by nearly 8%.

Why Gold Rates In India Are Falling?

As per Aamir Makda, Commodity & Currency Analyst at Choice Broking, gold prices have retreated for a second consecutive week, shedding nearly -1.50% in international markets to trade below $5,100/ounce. This downward trend was mirrored in India, where prices dipped more than 1% to fall below the Rs.160,000 mark. The primary catalysts for this decline are a strengthening US Dollar-bolstered by rising oil prices and geopolitical concerns in the Middle East-and a surge in US Treasury yields to 4.27%, both of which have placed significant pressure on the precious metal.

Also, data of Trading Economics highlighted that the dollar strengthened as investors sought liquidity following the announcement of the largest wave of strikes yet against Iranian targets and the effective closure of the Strait of Hormuz. While geopolitical volatility typically drives bullion demand, the threat of persistent inflation from crude oil prices exceeding $100 per barrel has shifted the focus toward yield bearing assets. Market participants have largely discarded the possibility of rate cuts in 2026 as rising energy costs complicate the path toward price stability. This surge in the greenback and Treasury yields has forced liquidations as investors sell gold to cover margin calls and raise cash. The metal is now set for a second straight weekly decline despite the ongoing regional conflict.

MCX Gold Price + Spot Gold Price

MCX gold price with April 2026 expiry, closed the week below Rs 1.59 lakh mark and in a bearish note. The MCX gold price fell by Rs 66 0r 0.4% to end at Rs 1,58,400 per 10 grams after closing bell on March 13th. This came after MCX touched an intraday low of Rs 1,57,540 per 10 grams on Friday.

Additionally, spot gold price slipped by over 1% to end below $5,050 per ounce.

Gold Rates In India Outlook Ahead:

While Indian gold prices have softened from recent record highs, Makda believes they remain technically robust, trading above the 50, 100, and 200-day DEMA levels placed at 153,244, 143,051, and 128,085, respectively.

Currently, the Daily SAR at 152,250 serves as immediate support, while a major resistance barrier persists at 163,275; a decisive breakout above this level would be required to shift the momentum back to the upside.

However, the analyst also said that the recent data shows a rise in Open Interest to 7,910 lots for the April contract, signalling a notable build-up of short positions. Consequently, the near-term outlook remains moderately bearish, and traders are encouraged to utilize a sell-on-rise strategy for upcoming sessions.

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