New Delhi: Gold prices in India continued to witness fluctuations amid ongoing geopolitical tensions in the Middle East, with rates showing both sharp rises and declines in recent trading sessions.
On the Multi Commodity Exchange (MCX), gold prices for the April 3, 2026 contract rose by 0.04% on March 27, closing at Rs 1,44,339 per 10 grams. During the day, gold touched a high of Rs 1,46,075 and a low of Rs 1,40,839, reflecting significant volatility. Trading remains closed on Saturday.
According to data from the India Bullion and Jewellers Association (IBJA), the national price of 24-carat gold stood at Rs 1,46,205 per 10 grams in the evening of March 27, up from Rs 1,44,643 recorded in the morning session.
Prices across different purities also saw an increase over the course of the day. Gold of 999 purity rose from Rs 1,44,643 to Rs 1,46,205, while 995 purity increased from Rs 1,44,064 to Rs 1,45,620. Similarly, 916 purity gold climbed to Rs 1,33,924 in the evening from Rs 1,32,493 in the morning.
Other categories followed the same trend, with 750 purity gold rising to Rs 1,09,654 and 585 purity reaching Rs 85,530. Silver prices also edged higher, moving from Rs 2,33,551 per kilogram in the morning to Rs 2,34,814 by evening.
City-wise prices showed minor variations. In Delhi, gold was priced at Rs 1,44,860 per 10 grams for 24-carat and Rs 1,08,680 for 18-carat. Mumbai and Kolkata recorded similar rates at Rs 1,44,710 and Rs 1,08,530 respectively.
Chennai reported the highest prices among major cities, with 24-carat gold at Rs 1,46,510 and 18-carat at Rs 1,12,000 per 10 grams. Other cities such as Ahmedabad, Surat, and Patna saw gold trading around Rs 1,44,760 for 24-carat and Rs 1,08,580 for 18-carat.
In northern cities including Noida, Gurugram, Chandigarh and Jaipur, gold prices stood at Rs 1,44,860 per 10 grams for 24-carat purity. Meanwhile, cities like Bengaluru, Hyderabad and Bhubaneswar recorded rates similar to Mumbai.
Market analysts attribute the ongoing volatility to global uncertainty and fluctuating investor sentiment, with precious metals continuing to react to geopolitical developments and currency movements.
