Gold Rate Today: Gold prices in India recorded a slight decline on Wednesday, 11 March 2026, as global market signals remained mixed and investors reacted cautiously to geopolitical developments. Concerns surrounding tensions between the United States and Iran weighed on market sentiment, leading to minor fluctuations in bullion prices.
During the morning trading session, gold futures on the Multi Commodity Exchange (MCX) slipped slightly. MCX Gold April futures were trading at around ₹1,62,900 per 10 grams, down by 0.25%. Silver also witnessed a mild drop, with MCX Silver May contracts falling by 0.67% to around ₹2,76,000 per kilogram.
According to the latest data released by the India Bullion and Jewellers Association, the price of 24-carat gold stood at approximately ₹1,63,440 per 10 grams, while 22-carat gold was priced at around ₹1,49,820 per 10 grams. Meanwhile, silver prices were recorded at ₹2,76,080 per kilogram for 999 fine silver.
Despite the minor dip seen today, gold has delivered strong returns over the past few years. The precious metal experienced one of its biggest rallies in 2025, recording its strongest bull run since 1979 with a surge of more than 75%. Over the past two decades, gold prices in India have increased by nearly 1,500%, reinforcing its reputation as a reliable long-term investment and a hedge against inflation.
In Mumbai, one of India’s major bullion trading hubs, the price of 24-carat gold is around ₹1,63,140 per 10 grams, while 22-carat gold is selling at approximately ₹1,49,545 per 10 grams. Silver bullion prices in the city are hovering around ₹2,75,580 per kilogram.
In the national capital New Delhi, 24-carat gold is currently priced at around ₹1,62,790 per 10 grams, while the rate for 22-carat gold stands at about ₹1,49,224 per 10 grams. Silver prices in Delhi are close to ₹2,75,300 per kilogram.
Ahmedabad also recorded similar trends, with 24-carat gold priced at around ₹1,63,380 per 10 grams and 22-carat gold trading near ₹1,49,765 per 10 grams. Silver prices in the city are approximately ₹2,76,270 per kilogram.
In Bengaluru, gold prices remain slightly higher compared to some northern markets. The price of 24-carat gold is around ₹1,63,290 per 10 grams, while 22-carat gold is priced near ₹1,49,683 per 10 grams. Silver bullion in Bengaluru is trading close to ₹2,76,120 per kilogram.
Kolkata has reported 24-carat gold prices of approximately ₹1,62,850 per 10 grams, while 22-carat gold is priced at around ₹1,49,279 per 10 grams. Silver in the city is currently selling near ₹2,75,030 per kilogram.
In Hyderabad, 24-carat gold is trading at roughly ₹1,63,320 per 10 grams, while 22-carat gold costs about ₹1,49,710 per 10 grams. Silver prices there are hovering around ₹2,75,830 per kilogram.
Chennai continues to witness strong gold demand, particularly due to cultural and wedding-related purchases. The price of 24-carat gold in Chennai is around ₹1,63,540 per 10 grams, while 22-carat gold is priced at approximately ₹1,49,912 per 10 grams. Silver prices in the city are close to ₹2,76,200 per kilogram.
Experts note that gold prices change frequently due to several global and domestic factors, including movements in international bullion markets, changes in the US dollar value, inflation expectations, central bank policies, and geopolitical tensions. Local demand and supply also influence retail prices in different cities.
Consumers planning to buy gold jewellery should remember that the final price may be higher than the listed bullion rates. Jewellers typically add making charges, GST, and other taxes to the base gold price, which can significantly increase the overall purchase cost.
Overall, while gold prices have seen a slight dip today, the long-term outlook for the precious metal remains strong, with investors continuing to view gold as a safe-haven asset during periods of economic uncertainty.
Key Highlights: Gold prices slipped slightly on 11 March 2026 amid mixed global cues. MCX Gold futures traded near ₹1,62,900 per 10 grams, while 24K gold prices hovered around ₹1,63,440 per 10 grams in India. Silver prices were recorded close to ₹2.76 lakh per kilogram. Over the past 20 years, gold prices in India have surged nearly 1,500%, making it one of the most reliable long-term investment assets.