Gold Silver Rate Today, 29 March 2026: City-Wise Prices, MCX Update On Gold, Silver Rates Across India

Gold and silver prices in India rose on 29 March 2026 in line with global trends driven by a softer US dollar and safe-haven demand. The report covers domestic rates by purity, city variations, and the international price context, including GST and making charges implications.

Gold and silver prices in India on 29 March 2026 moved higher in line with global trends, as investors reacted to a softer US dollar and rising safe-haven demand. International spot gold traded near $4,489.70 per ounce, while spot silver hovered around $69.80 per ounce after volatile moves earlier in the month.

In the domestic market, 24K gold climbed by about ₹2,510 per 10 grams compared with recent lows, putting the average national price close to ₹1.48 lakh per 10 grams. Silver prices in India stayed broadly steady after the previous session’s rebound, with most northern cities quoting around ₹2,45,000 per kilogram for 999 purity metal.

Gold Price Today and Silver Price Today domestic market snapshot

Across major Indian cities on 29 March 2026, 24K gold prices mostly traded near ₹14,809 per gram, while 22K gold hovered around ₹13,575 per gram. For silver, typical quotes across Delhi, Mumbai and other northern centres stood at ₹245 per gram, whereas Chennai, Hyderabad and Kerala maintained a modest premium at ₹250 per gram.

Retail buyers continued to face additional costs over and above the quoted gold price today and silver price today. Jewellers commonly levy a 3% Goods and Services Tax on the metal value, while making charges for jewellery often range from 5% to 35%, depending on complexity and branding. These charges can significantly widen the final bill versus bare market rates.

Gold Price Today and Silver Price Today international market overview

In global trade, spot gold around $4,489.70 per ounce showed a gain of 2.59% in the latest session, rebounding from earlier corrections and attracting renewed safe-haven interest. A weaker US dollar added support, as a softer greenback makes gold cheaper for holders of other currencies and tends to lift demand from international buyers.

The most active gold futures contract, Gold (GCW00), opened at $4,403.90 and touched an intraday high of $4,585.30, while the low stood at $4,400.60. The previous close was $4,409.00, and the contract advanced by 2.55% for the session, with reported volume of 203,551 and open interest near 242,136, indicating strong participation.

Spot silver traded around $69.80 per ounce, with the market stabilising after a sharp mid-month correction. The Silver (SIW00) contract opened at $68.36 and reached a high of $71.78, before posting a low of $67.44 and a previous close of $67.93. Daily gains were close to 2.75%, supported by both investment flows and steady industrial use.

Gold Price Today and Silver Price Today detailed domestic gold rates

On 29 March 2026, domestic gold prices in India reflected recent global strength but also showed some stability over the last two sessions. Standard 24K gold, with 99.9% purity, traded at about ₹14,809 per gram and ₹1,48,090 per 10 grams. Meanwhile, 22K gold, commonly used for jewellery, quoted near ₹13,575 per gram and ₹1,35,750 per 10 grams.

Lower-purity investment options such as 18K gold stood around ₹11,107 per gram and ₹1,11,070 per 10 grams. Compared with the most recent low levels this month, these prices represented an approximate ₹2,510 rise per 10 grams, although rates had not returned to early-March highs. Buyers still needed to factor in GST and making charges at the retail counter.

Looking at quantity-wise pricing, 24K gold in India on 29 March 2026 cost ₹14,809 for 1 gram, ₹1,18,472 for 8 grams, ₹1,48,090 for 10 grams and ₹14,80,900 for 100 grams. These benchmarks gave small and large buyers a clear reference, though local jeweller quotes could vary slightly by city and store.

For 22K gold, which is widely preferred for wedding jewellery, the 1 gram price on 29 March 2026 was ₹13,575, while 8 grams cost ₹1,08,600, 10 grams cost ₹1,35,750 and 100 grams were valued at ₹13,57,500. No change was recorded against the previous trading day across these common retail weight slabs.

Those tracking 18K gold saw 1 gram priced at ₹11,107, 8 grams at ₹88,856, 10 grams at ₹1,11,070 and 100 grams at ₹11,10,700. These rates, unchanged from the previous day, are often used by buyers opting for lighter jewellery or pieces mixing gold with other materials to reduce costs.

Gold Price Today and Silver Price Today city-wise gold rates

City-specific pricing on 29 March 2026 showed modest differences in the gold price today, driven by local demand, transport costs and regional taxes. Delhi quoted 24K gold at ₹1,48,220 per 10 grams and 22K at ₹1,35,900, slightly above levels in some western and eastern centres.

On a per-gram basis, 24K gold in Chennai traded around ₹14,902, marginally higher than the ₹14,809 level seen in Mumbai, Kolkata, Bangalore, Hyderabad, Kerala and Pune. Delhi posted ₹14,822 per gram for 24K gold, while Vadodara and Ahmedabad were near ₹14,812, reflecting minor regional variations within a narrow band.

Gold Price Today and Silver Price Today recent gold trend and March movement

Tracking gold price today against previous sessions shows that 24K and 22K rates had remained flat between 28 March 2026 and 29 March 2026, after recovering from lower levels earlier in the week. The 24K rate stood at ₹14,809 on both days, while the 22K quote held at ₹13,575 for 1 gram.

Across March 2026, gold price today reflected a clear downward trend from the beginning of the month. On 1 March 2026, 24K gold stood at ₹17,309 per gram and 22K at ₹15,865, marking the highest readings for the month. The lowest levels arrived on 24 March 2026, when 24K dipped to ₹14,291 and 22K to ₹13,100.

Gold Price Today and Silver Price Today outlook and gold buying factors

Analysts looking at the gold price today see scope for further gains if the US dollar weakens again. Should the currency continue to soften, international gold prices could attempt a move towards $4,600 per ounce, which is viewed as the next resistance zone on technical charts.

Gold’s role as a safe-haven asset remains important amid West Asia tensions, which have encouraged some investors to keep allocations in bullion. Domestic conditions also matter for Indian buyers, as any depreciation in the rupee can increase local gold prices, while the upcoming wedding season may lend additional support through higher physical demand.

For those planning purchases, several cost elements extend beyond the headline gold price today. A 3% GST applies to the metal value on invoices across India. In addition, jewellery carries making charges that can range roughly between 5% and 35%, depending on artisan work, brand and design intricacy, leading to notable price differences between items.

People seeking investment exposure to gold without dealing with making charges or storage risks often look at Gold ETFs or digital gold. These instruments mirror market prices and allow flexible purchase sizes. They are commonly used alongside physical coins and bars by investors balancing liquidity and long-term wealth planning.

Gold Price Today and Silver Price Today detailed domestic silver rates

Turning to silver, domestic rates on 29 March 2026 remained steady after a ₹5,000 per kilogram jump on 28 March 2026. Standard 999 fine silver traded around ₹245 per gram, ₹2,450 per 10 grams and ₹2,45,000 per kilogram across many northern and western Indian cities, aligning with the global recovery in silver prices.

Quantity-wise, the silver price today in India showed no movement from the prior session, with 1 gram at ₹245, 8 grams at ₹1,960, 10 grams at ₹2,450, 100 grams at ₹24,500 and 1 kilogram at ₹2,45,000. The stability followed a volatile stretch earlier in March, when prices had moved sharply both ways.

Gold Price Today and Silver Price Today city-wise silver rates and trend

Regionally, the silver price today displayed a noticeable split between northern and southern India. Delhi, Mumbai, Kolkata, Bangalore, Pune, Ahmedabad and Vadodara quoted around ₹2,45,000 per kilogram, while Chennai, Hyderabad and Kerala traded at ₹2,50,000 per kilogram, reflecting a ₹5,000 premium linked to local consumption and industrial usage.

On a smaller weight basis, the silver price today for 10 grams was ₹2,450 in most major northern and western cities, rising to ₹2,500 in Chennai, Hyderabad and Kerala. For 100 grams, these regions quoted ₹24,500 and ₹25,000 respectively, keeping the ₹5,000 per kilogram premium consistent across various transaction sizes.

Gold Price Today and Silver Price Today recent silver trend and March movement

Reviewing the silver price today against the previous sessions shows a phase of consolidation after earlier swings. Between 28 March 2026 and 29 March 2026, prices for 10 grams stayed at ₹2,450, while 100 grams held at ₹24,500 and 1 kilogram at ₹2,45,000 following the earlier jump on 28 March 2026.

Over the full month, the silver price today sits noticeably below early-March levels. The opening rate on 1 March 2026 was ₹2,95,000 per kilogram, and the month’s highest reading came on 2 March 2026 at ₹3,15,000. The closing level on 29 March 2026 was ₹2,45,000, while the lowest point was ₹2,30,000 on 23 March 2026.

Gold Price Today and Silver Price Today silver outlook and buying factors

Market participants assessing the silver price today note that the metal is stabilising after a strong correction from early-March highs. On the Multi Commodity Exchange, the main silver contract recently gained nearly 1%, settling around ₹2,22,000 per kilogram during the Friday session, suggesting some renewed buying interest after the earlier slide.

Despite the monthly fall of almost 17% from the peak level of over ₹3.15 lakh per kilogram, structural demand from industries such as solar energy and electronics is helping to provide a longer-term floor. Regional premiums in southern cities like Chennai, Hyderabad and Kerala, which stand at about ₹5,000 per kilogram, also point to firm local consumption.

The short-term outlook for the silver price today depends partly on how the US dollar moves in the coming sessions. Further weakness in the currency could allow silver to challenge resistance near $72 per ounce. At the same time, ongoing geopolitical and policy uncertainties may support continued safe-haven buying by global investors.

Experts note that silver’s recent stabilisation might indicate that the steep correction phase is easing. The lower prices compared with early March could present an entry opportunity for investors with a longer time frame, though short-term moves remain sensitive to currency shifts, interest rate expectations and broader risk sentiment.

From a domestic perspective, rupee movements will influence the silver price today for Indian buyers, as any depreciation tends to push local rates higher. Taxes are another important factor, with a 3% GST charged on silver purchases in addition to any making charges for items such as utensils, coins or jewellery, which typically range between 5% and 25%.

Investors who prefer market-linked exposure without handling physical metal often choose Silver ETFs or digital silver. These instruments track the underlying silver price today while offering easier liquidity and storage, and are frequently used alongside physical bars and coins, depending on each buyer’s objectives and investment horizon.

The latest readings for the gold price today and silver price today show both metals recovering from earlier lows while still trading below their March peaks. Global cues such as dollar movements and safe-haven flows, together with domestic factors like rupee value, taxes and seasonal demand, continue to shape price levels for Indian households, jewellers and long-term investors.