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Current Gold Prices: Market Volatility Amid Geopolitical Tensions

On March 26, 2026, gold prices experienced significant fluctuations due to geopolitical tensions involving the US, Israel, and Iran. The price of 24-carat gold in Delhi rose sharply, reflecting a broader trend in the market. Analysts attribute this surge to improving geopolitical conditions and investor optimism regarding a potential ceasefire. Spot gold prices have also increased globally, driven by strong demand amid uncertainty. This article provides a detailed overview of current gold rates across major cities and the factors influencing these changes, making it essential reading for investors and market watchers.
 

Gold Price Update for March 26, 2026


Gold Rate Today (March 26, 2026): On March 26, 2026, gold prices exhibited significant volatility, influenced by ongoing geopolitical tensions involving the US, Israel, and Iran. The All India Sarafa Association reported a notable increase in the price of 24-carat gold in Delhi, which rose by Rs 4,900, reaching Rs 1,49,700 per 10 grams (inclusive of all taxes). In morning trading on the Multi Commodity Exchange (MCX), 24-carat gold futures surged by 3.73%, adding Rs 5,188 to reach Rs 1,44,100 per 10 grams. The previous session had concluded with the contract priced at Rs 1,38,912 per 10 grams. Earlier this year, gold prices peaked at a record high of Rs 1,80,779 per 10 grams on January 29 in the futures market.


According to data from Goodreturns, the price of 24-carat gold was listed at Rs 1,46,820 per 10 grams. The Indian Bullion and Jewellers Association (IBJA) reported a slightly lower rate of Rs 1,46,205 per 10 grams on Thursday morning.


Gold Rates According to IBJA Data


Purity by carat Morning Gold Rates Afternoon Gold Rates
24 carat gold Rs 146205 per 10 grams
23 carat gold Rs 145620 per 10 grams
22 carat gold Rs 133924 per 10 grams
18 carat gold Rs 109654 per 10 grams
14 carat gold Rs 85530 per 10 grams


Gold Rates in Major Cities


City 24 Carat Gold Rate (10g) 22 Carat Gold Rate (10g) 18 Carat Gold Rate (10g)
Delhi Rs 146820 Rs 134600 Rs 110160
Mumbai Rs 146670 Rs 134450 Rs 110010
Kolkata Rs 146670 Rs 134450 Rs 110010
Chennai Rs 148370 Rs 136000 Rs 113500
Patna Rs 146720 Rs 134500 Rs 110060
Lucknow Rs 146820 Rs 134600 Rs 110160
Kanpur Rs 146820 Rs 134600 Rs 110160
Meerut Rs 146820 Rs 134600 Rs 110160
Ayodhya Rs 146820 Rs 134600 Rs 110160
Ghaziabad Rs 146820 Rs 134600 Rs 110160
Noida Rs 146820 Rs 134600 Rs 110160
Gurugram Rs 146820 Rs 134600 Rs 110160
Chandigarh Rs 146820 Rs 134600 Rs 110160
Jaipur Rs 146820 Rs 134600 Rs 110160
Pune Rs 146670 Rs 134450 Rs 110010
Ludhiana Rs 146820 Rs 134600 Rs 110160
Guwahati Rs 146670 Rs 134450 Rs 110010
Indore Rs 146720 Rs 134500 Rs 110060
Ahmedabad Rs 146720 Rs 134500 Rs 110060
Vadodara Rs 146720 Rs 134500 Rs 110060
Appearance Rs 146720 Rs 134500 Rs 110060
Nagpur Rs 146670 Rs 134450 Rs 110010
Nashik Rs 146700 Rs 134480 Rs 110040
Bangalore Rs 146670 Rs 134450 Rs 110010
Bhubaneswar Rs 146670 Rs 134450 Rs 110010
Cuttack Rs 146670 Rs 134450 Rs 110010
Kerala Rs 146670 Rs 134450 Rs 110010
Raipur Rs 146670 Rs 134450 Rs 110010
Hyderabad Rs 146670 Rs 134450 Rs 110010


Factors Behind the Recent Price Increase


As reported by a news agency, Saumil Gandhi, a Senior Analyst at HDFC Securities, noted that gold prices in domestic markets have shown a strong recovery recently. This trend is attributed to an improving geopolitical landscape. Praveen Singh, a Research Analyst at Mirae Asset Sharekhan, mentioned that spot gold prices have risen for the second consecutive day, reaching approximately $4,550 per ounce. This increase is linked to investor optimism regarding a potential ceasefire between Iran and the US, which has led to declines in crude oil and dollar prices. Globally, spot gold has risen to $4,556.55 per ounce, driven by robust investor demand amid prevailing uncertainties. Ongoing diplomatic efforts are reported, although mixed signals from Iran have kept the markets cautious. Additionally, new transit fees imposed by Iran in the Strait of Hormuz have contributed to the uncertainty, further bolstering the demand for gold as a safe haven.