Gold Rates Today: Hyderabad & Bengaluru Rebound, Chennai Slips; Check 24K, 22K, 18K Prices on March 17

Gold prices in Hyderabad and Bengaluru did a smart rebound today, snapping a four-day losing streak, as fresh buying and festive demand lifted the gold rate today across major South Indian states. However, the Gold rate in Chennai today dropped despite gains seen among peer cities.

After consistent declines earlier this week, the gold price today in India moved higher, with investors and jewellery buyers returning to the market. The recovery comes even as global cues stay mixed. The US dollar index surged above 99.2, putting pressure on precious metals prices globally, while escalating tensions in West Asia kept safe-haven demand intact.

In the international market, spot gold price slipped nearly 0.5% to below $5,170 per ounce, and silver price today dropped sharply by around 4% to below $85 as per data from FXstreet.

Gold Rate in Hyderabad, March 17

The gold rate in Hyderabad today moved higher as the 24 carat gold price for 10 gram was at Rs. 1,58,620, rising by Rs. 1,200. Similarly, the 22 carat gold rate today in Hyderabad per 10 grams is Rs. 1,45,400, up by Rs. 1,100 from yesterday's price of Rs. 1,44,300. The 18 carat gold price in Hyderabad today per 10 grams also increased to Rs. 1,18,970, gaining Rs. 900.

Gold Price in Bengaluru, March 17

The gold rate in Bengaluru today also observed an upward trend, with prices mirroring those in Hyderabad. The 24 carat gold price today in Bengaluru per 10 grams is Rs. 1,58,620, up by Rs. 1,200 from the previous close. The 22 carat gold rate today in Bengaluru for 10 grams stands at Rs. 1,45,400, gaining Rs. 1,100, while the 18-carat gold price in Bengaluru today is 10 grams has risen to Rs. 1,18,970, increasing by Rs. 900.

Gold Rate in Chennai, March 17

In contrast to Hyderabad and Bangalore, the gold rate in Chennai today declined across all purity levels. The 24 carat gold price today in Chennai per 10 gram stands at Rs. 1,59,820, falling by Rs. 660. Similarly, the 22 carat gold rate today in Chennai per 10 gram is Rs. 1,46,500, down by Rs. 600. The 18 carat gold price in Chennai today (10 gram) also dropped to Rs. 1,23,300, registering a decline of Rs. 700 from Rs. 1,24,000.

MCX Gold & Silver Futures Performance

Gold and silver futures on the Multi-Commodity Exchange (MCX) are trading higher today due to renewed buying interest in precious metals. MCX gold futures for the April 2, 2026 contract were trading at Rs. 1,56,692, up Rs. 956 or 0.61%. Meanwhile, MCX silver futures for the May 5, 2026 contract also moved higher, trading at Rs. 2,58,717, gaining Rs. 2,185 or 0.85%.

Gold Price & Silver Price Target Ahead

As per Way to Wealth, "On the technical front, MCX Gold has weakened on the daily chart. It has broken its 20 DEMA amid consistent selling pressure, and the outlook remains cautious for the day. Immediate support is now placed at 153,500, while resistance will be seen at 157,523-159,170. While the weekly trend remains bullish, the daily trend has entered a consolidation phase and lacks clear direction."

"MCX Silver has seen strong selling pressure in the last four trading sessions. Continued selling could take the price toward the support line highlighted on the chart. The outlook for the day remains cautious. Strong support is placed at 225,800, while the more immediate support is at 241,245. On the higher side, immediate resistance will be seen at 264,364-269,186," the report further added.

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