Current Gold Prices: Fluctuations Amid Geopolitical Tensions

On March 13, 2026, gold prices experienced minor fluctuations as investors monitored geopolitical developments and economic indicators. The latest rates show 24-carat gold at Rs 1,60,303 per 10 grams, while 22-carat and 18-carat gold are priced at Rs 1,46,838 and Rs 1,20,227 respectively. Analysts suggest that gold's movement is influenced by geopolitical risks and inflation concerns, with spot gold trading in a narrow range of $5,100 to $5,250 per ounce. As tensions in West Asia escalate, the market remains vigilant, reflecting the interplay between energy prices and economic data.

By Narendra Chaudhary Mar 13, 2026, 12:51 IST

Gold Rate Update (March 13, 2026)

Gold prices on March 13, 2026: On Friday, March 13, gold prices saw slight variations as investors kept a close watch on geopolitical events in West Asia and significant global economic indicators. The Indian Bullion and Jewellers Association (IBJA) reported that gold prices fluctuated based on purity levels. The latest benchmark indicates that 24-carat gold is priced at Rs 1,60,303 for every 10 grams. For those interested in purchasing jewellery, the price for 22-carat gold is Rs 1,46,838 per 10 grams, while 18-carat gold is available at Rs 1,20,227 per 10 grams. The April delivery contract saw a decrease of Rs 86, or 0.05%, settling at Rs 1,60,185 per 10 grams, down from the previous close of Rs 1,60,271 per 10 grams. Despite this recent decline, the yellow metal had previously reached a peak of Rs 1,80,779 per 10 grams in the futures market on January 29 this year.

Data from GoodReturns indicates that 24-carat gold was priced at Rs 1,62,370 per 10 grams across various major cities.

City-Wise Gold Prices in India

City	24 carat gold (10 grams) rates	22 carat gold (10 grams) rates	18 carat gold (10 grams) rates
Delhi	Rs 162370	Rs 148850	Rs 121820
Mumbai	Rs 162220	Rs 148700	Rs 121670
Kolkata	Rs 162220	Rs 148700	Rs 121670
Chennai	Rs 163310	Rs 149700	Rs 127000
Patna	Rs 162270	Rs 148750	Rs 121720
Lucknow	Rs 162370	Rs 148850	Rs 121820
Ayodhya	Rs 162370	Rs 148850	Rs 121820
Meerut	Rs 162370	Rs 148850	Rs 121820
Kanpur	Rs 162370	Rs 148850	Rs 121820
Ghaziabad	Rs 162370	Rs 148850	Rs 121820
Noida	Rs 162370	Rs 148850	Rs 121820
Gurugram	Rs 162370	Rs 148850	Rs 121820
Chandigarh	Rs 162370	Rs 148850	Rs 121820
Jaipur	Rs 162370	Rs 148850	Rs 121820
Ludhiana	Rs 162370	Rs 148850	Rs 121820
Guwahati	Rs 162220	Rs 148700	Rs 121670
Indore	Rs 162270	Rs 148750	Rs 121720
Ahmedabad	Rs 162270	Rs 148750	Rs 121720
Surat	Rs 162270	Rs 148750	Rs 121720
Vadodara	Rs 162270	Rs 148750	Rs 121720
Nagpur	Rs 162220	Rs 148700	Rs 121670
Pune	Rs 162220	Rs 148700	Rs 121670
Nashik	Rs 162250	Rs 148730	Rs 121700
Bangalore	Rs 162220	Rs 148700	Rs 121670
Bhubaneswar	Rs 162220	Rs 148700	Rs 121670
Cuttack	Rs 162220	Rs 148700	Rs 121670
Kerala	Rs 162220	Rs 148700	Rs 121670
Raipur	Rs 162220	Rs 148700	Rs 121670
Hyderabad	Rs 162220	Rs 148700	Rs 121670

On the international front, spot gold saw a slight increase, trading at $5,178.45 per ounce, driven by ongoing demand for safe-haven assets amid geopolitical instability.

Insights from Analysts

Market analysts suggest that the recent fluctuations in gold prices are influenced by geopolitical uncertainties, inflation worries, and global financial trends. They noted that gold prices have been moving inversely to crude oil prices. According to a research analyst, spot gold is currently trading within a narrow range of $5,100 to $5,250 per ounce. There are concerns that if tensions in the Persian Gulf escalate, crude oil prices could surge to $200 per barrel. Additionally, another analyst pointed out that the latest US Consumer Price Index (CPI) inflation report may not fully capture the recent spike in fuel prices linked to the West Asia conflict that began two weeks ago. The combination of rising energy costs and robust economic data has led to increased US bond yields, which in turn has strengthened the dollar, creating challenges for gold prices.