Gold Rate Today (5 March 2026): IBJA, Tanishq, Malabar, Kalyan, Joyalukkas Prices Amid Middle East Conflict

Gold prices in India continued to remain elevated on Wednesday, 5 March 2026, as global uncertainty and safe-haven demand kept bullion markets firm.

A day after Holi celebrations, the market is witnessing cautious buying, with investors closely monitoring developments in the Middle East conflict, which has been a key driver behind the recent surge in gold prices.

The ongoing tensions in the region have created volatility in global financial markets, prompting investors to shift towards gold as a protective asset. While festive jewellery demand was visible during Holi, the geopolitical backdrop has played a bigger role in pushing prices higher.

Middle East Conflict Keeps Safe-Haven Demand Strong

Gold prices have remained supported as geopolitical tensions in the Middle East continue to influence global markets. The ongoing conflict has triggered uncertainty across financial markets, leading investors to increase allocations to safe-haven assets such as gold.

Analysts note that whenever geopolitical risks rise, commodities like gold tend to see stronger inflows as investors look for stability. The recent surge in prices reflects this pattern, with bullion gaining momentum over the past few days.

Market Activity Slows A Day After Holi

With Holi festivities concluding on Tuesday, jewellery markets across India are witnessing a relatively calmer trading environment. Jewellers say that while festival-related purchases were seen in the past few days, the sharp rise in prices has made many buyers cautious.

Many consumers are now waiting to see whether prices stabilise before making larger purchases, especially with the wedding season continuing in several parts of the country.

Gold Rates At Major Jewellery Brands (5 March 2026)

22-carat gold jewellery prices

• Tanishq: Rs 15,120 per gram
• Malabar Gold & Diamonds: Rs 15,080 per gram
• Joyalukkas: Rs 15,080 per gram
• Kalyan Jewellers: Rs 15,080 per gram

IBJA Gold Rates (5 March 2026)

• Fine Gold (999): Rs 16,210 per gram
• 22 Karat: Rs 14,859 per gram
• 20 Karat: Rs 13,508 per gram
• 18 Karat: Rs 12,158 per gram
• 14 Karat: Rs 9,456 per gram

Note: The above rates do not include 3 percent GST and making charges. Final jewellery prices may vary depending on the city and retailer.

Investors Continue To Track Global Developments

Market experts say that gold prices may continue to remain sensitive to geopolitical developments in the coming days. Any escalation or easing in the Middle East conflict could directly influence global bullion prices.

For now, both investors and jewellery buyers remain focused on international developments and market trends, which are likely to determine the direction of gold prices in the near term.