New Delhi, March 26, 2026: Gold and silver prices witnessed a fresh uptick on the occasion of Ram Navami, recovering after recent volatility driven by global macroeconomic and geopolitical factors.
In the domestic market, 24-carat gold in Delhi rose to ₹1,46,830 per 10 grams, while 22-carat gold was priced at ₹1,34,610 per 10 grams. Similar trends were seen in Mumbai, Chennai, Kolkata, Pune, and Bengaluru, where 24-carat gold hovered around ₹1,46,680 per 10 grams.
A day earlier, gold had surged sharply in the Delhi bullion market, gaining ₹4,900 or 3.38% to close at ₹1,49,700 per 10 grams. Silver also recorded a strong rally, jumping ₹11,250 or 4.89% to ₹2,41,250 per kilogram.
On March 26, silver prices continued their upward momentum, touching ₹2,50,100 per kilogram in the domestic market.
Global Cues Driving Prices
Internationally, spot gold was trading around $4,556.55 per ounce, while silver stood near $72.67 per ounce. However, global commodity markets showed mixed signals, with COMEX gold slipping to around $4,529.50 per ounce after a recent rally.
The fluctuations are largely attributed to developments in the Middle East and shifts in crude oil prices. Hopes of a possible de-escalation between the United States and Iran had earlier softened crude oil and the dollar, supporting gold prices. However, renewed firmness in crude oil, which climbed above $103 per barrel, has introduced fresh pressure on bullion markets.
City-wise Gold Prices (March 26, 2026)
- Delhi: ₹1,34,610 (22K), ₹1,46,830 (24K)
- Mumbai: ₹1,34,460 (22K), ₹1,46,680 (24K)
- Jaipur: ₹1,34,610 (22K), ₹1,46,830 (24K)
- Ahmedabad: ₹1,34,510 (22K), ₹1,46,730 (24K)
- Bhopal: ₹1,34,510 (22K), ₹1,46,730 (24K)
- Lucknow: ₹1,34,610 (22K), ₹1,46,830 (24K)
Market Outlook
Experts indicate that bullion prices are currently being influenced more by macroeconomic factors such as interest rate expectations, dollar strength, and crude oil movements rather than traditional safe-haven demand. While geopolitical tensions usually push gold higher, the current market is witnessing sharp swings due to conflicting global signals.
