Gold Silver Rate Today, 7 March, 2026: City-Wise Prices As MCX Gold, Silver Rise Amid Safe-Haven Demand

On 7 March 2026, gold and silver prices gained as geopolitical tensions bolstered safe-haven demand. The international spot gold hovered around $5,167–$5,181 per ounce, while silver traded near $84.50–$84.70. Indian rates showed regional variance with 24K gold around ₹1,61,100 per 10 grams, reflecting currency and tax impacts and local demand.

Gold and silver prices move higher on 7 March 2026 as renewed Middle East tensions push investors towards safe-haven assets. International gold trades near $5,181 per ounce, up over 2%, while silver climbs above $84.70 per ounce. In India, 24K gold hovers around ₹1.61 lakh per 10 grams and silver trades between ₹2.84 lakh and ₹2.90 lakh per kilogram.

The rally follows a recent pullback in both metals, but domestic prices in India remain below their March highs. Market data shows gold still trading under its January 2026 record of $5,608.35 per ounce, and silver well under its recent top of $121.64. Traders continue to track geopolitical headlines, currency moves and technical price levels for direction.

Gold price today: international trend and key technical levels

On 7 March 2026, spot gold trades in a tight band around $5,167.00 to $5,181.30 per ounce. The metal has rebounded from a recent intraday low near $5,071, with buyers stepping in at that support zone. Market participants now eye the $5,185 region as a near-term resistance mark, while the recent record from January 2026 stays distant.

Several factors shape this international gold price move. Escalating conflict in the Middle East continues to steer funds into safe-haven assets. A technical rebound has emerged after prices approached support near $5,071. Mixed global economic numbers further support gold’s use as a hedge, especially as investors look for diversification from equities and currencies.

Gold price today: domestic bullion rates across India

Indian gold prices mirror the global bounce but still trade below the recent record touched on 1 March 2026. On that date, 24K gold in India had climbed to about ₹1.73 lakh per 10 grams. By 7 March 2026, 24K prices ease yet remain elevated, holding in the ₹1.61 lakh to ₹1.63 lakh band per 10 grams across major markets.

Price differences between purities remain clear in the retail market. Investors and jewellery buyers frequently track gram-based movements. The latest readings show 24K, 22K and 18K rates all slightly lower than the previous session, even as international quotes rise. This reflects currency dynamics and local dealer margins, along with tax and making charge effects.

Gold price today: 24K, 22K and 18K rates by weight

For 24K gold, Indian retail prices on 7 March 2026 show declines from 6 March 2026 levels across weights. A single gram trades at ₹16,113, down ₹175 from the prior ₹16,288. The 10-gram benchmark moves to ₹1,61,130, compared with ₹1,62,880 earlier, indicating softer domestic pricing even amid a global rebound.

For 22K jewellery-grade gold, the pattern is similar, with moderate declines across key weights. One gram costs ₹14,770, down from ₹14,930 the previous session. At the 10-gram level, prices fall to ₹1,47,700 from ₹1,49,300. Larger bulk purchases of 100 grams show a reduction to ₹14,77,000, implying a daily fall of ₹16,000.

Prices for 18K gold, often used in lightweight jewellery and designer pieces, also ease slightly. One gram trades at ₹12,085 compared with ₹12,216 on 6 March 2026. Ten grams move from ₹1,22,160 to ₹1,20,850. At the 100-gram mark, the rate drops to ₹12,08,500, showing a single-day change of ₹13,100.

Gold price today: city-wise 24K, 22K and 18K rates

Major Indian cities show modest price dispersion for gold on 7 March 2026, with Chennai continuing to quote a premium. For 1 gram of 24K, Chennai lists ₹16,320, while most other metros, including Mumbai, Kolkata and Bangalore, trade near ₹16,113. Similar spreads appear for 22K and 18K rates, reflecting regional demand and local market conditions.

When measured per 10 grams for 24K, Chennai again sits at the top end among metros. Delhi quotes ₹1,61,280, while Mumbai, Kolkata and Bangalore show ₹1,61,130. Chennai’s level of ₹1,63,200 per 10 grams underlines a premium of more than ₹2,000 compared with other large urban centres, suggesting stronger regional buying interest.

Gold price today: global comparison of 24K rates

Gold prices per gram vary widely across major economies once converted into rupees. On 7 March 2026, the United States records around $169.50 per gram, which is about ₹15,583. In comparison, the United Kingdom sits near £124.38 per gram, translating to roughly ₹15,338, underlining currency influences and local tax structures.

Gold price today: 10-day trend and March 2026 movement

Recent data indicates a downward trend in Indian gold prices across early March 2026, despite global tensions. On 26 February 2026, 24K gold stood at ₹16,189 per gram, compared with ₹16,102 on 27 February 2026. By 7 March 2026, 24K rates have slid to ₹16,113, revealing a steady fall from peaks reached earlier in the month.

For March 2026 so far, the highest recorded 24K gold rate in India is ₹17,309 per gram, noted on 1 March 2026. By 7 March 2026, that figure drops to ₹16,113. This marks a fall of around 6.91% over the week. The 22K segment shows a similar downward pattern, sliding roughly 6.90% during the same period.

Gold price today: popular online platforms for Indian investors

Indian investors increasingly use digital and brokerage platforms to access gold, alongside traditional jewellers. Digital gold and savings apps include Google Pay, PhonePe and Paytm, which work with MMTC-PAMP, plus Jar for micro-savings and OroPocket, which allows entry from ₹1 and offers Bitcoin rewards. These services provide small-ticket access and instant liquidity.

Jewellery brands also operate online gold buying options. Tanishq offers DigiGold in partnership with SafeGold and links holdings to more than 350 stores. CaratLane focuses on jewellery-ready gold, while Kalyan Jewellers’ Candere platform sells bars, coins and delivers to homes. On the financial side, Zerodha, Groww and Upstox give exposure through Gold ETFs, gold mutual funds and Sovereign Gold Bonds.

Gold price today: strategic levels and signals for investors

Gold’s rebound from $5,071 per ounce highlights sensitivity to geopolitical events and technical price zones. Traders currently watch support near $5,070 and resistance around $5,200 internationally. Domestically, for Delhi 24K gold, analysts map support around ₹1,60,000 per 10 grams and resistance near ₹1,65,000, using these marks as reference points for trading strategies.

For investors with longer horizons, gold continues to function as a portfolio hedge. Persistent geopolitical uncertainty and ongoing central bank purchases provide structural backing to the metal. Many Indian savers opt for gold ETFs or digital gold purchased through systematic investment plans. This approach spreads entry risk while giving exposure to movements in the precious metals market.

Silver price today: international spike and market backdrop

Silver prices also climb on 7 March 2026, extending gains triggered by heightening Middle East tensions. International spot silver trades between $84.50 and $84.70 per ounce, marking a daily jump of more than 3%. The metal bounces back from recent lows as investors seek safety, even though it remains far below the January 2026 high.

Beyond geopolitical drivers, industrial demand plays a key role in silver’s outlook. Long-term consumption from electronics production and solar energy installations provides support. After recent declines, buyers reappeared at lower levels, triggering a technical recovery. This push lifted prices from the intraday trough of $81.78 up towards the intraday peak of $85.33.

Silver price today: domestic Indian rates and tax impact

In India, silver trades in a relatively narrow corridor, influenced by global benchmarks and local taxes. On 7 March 2026, prices by quantity range between ₹285 and ₹290 per gram. For 10 grams, the range is ₹2,849 to ₹2,899. At the kilogram level, silver sells between ₹2,84,900 and ₹2,89,900, with a modest daily decline across slabs.

Silver buyers must also factor in a 3% Goods and Services Tax and making charges for coins, bars or utensils. These costs cause effective retail prices to differ from quoted base rates. Currency changes further affect domestic valuations, as silver imports are priced in foreign currencies and then adjusted for rupee movements and customs duties.

Silver price today: per gram and per kg chart for India

Daily data for 7 March 2026 show a slight dip in silver compared with 6 March 2026. A single gram now trades at ₹284.90, marginally below the previous ₹285. An investor buying 10 grams pays ₹2,849, down from ₹2,850, while a kilogram now costs ₹2,84,900, reflecting a ₹100 fall in one session.

Silver price today: city-wise snapshot across major centres

Regional price variations for silver remain visible, particularly between southern and northern markets. Chennai, Hyderabad and Kerala quote up to ₹5,000 more per kilogram compared with northern metros like Delhi and Mumbai. For 10 grams, Chennai lists ₹2,899, versus ₹2,849 in several other cities. These spreads reflect regional cultural demand and industrial consumption.

Looking solely at per-kilogram quotes gives a clearer picture of these regional spreads. Southern centres, including Chennai, Hyderabad and Kerala, each record ₹2,89,900 per kilogram. In contrast, Delhi, Mumbai, Kolkata, Bangalore and Pune sit at ₹2,84,900 per kilogram, underlining a consistent ₹5,000 difference attributed to local demand patterns.

Silver price today: recent 10-day pattern and March change

Data for the last 10 days shows silver experiencing sharp swings in early March 2026. Between 26 February 2026 and 4 March 2026, 10-gram prices hold around ₹2,850, while the kilogram rate stays near ₹2,85,000. However, on 2 March 2026, silver jumps to ₹3.15 lakh per kilogram before easing again in subsequent sessions.

Within March 2026, silver records its highest Indian price on 2 March 2026 at ₹3,15,000 per kilogram. By 7 March 2026, the metal settles at ₹2,84,900, which is the month’s lowest so far. That shift amounts to a monthly fall of about 3.42% from peak to latest close, reflecting ongoing volatility after the early spike.

Silver price today: where investors are buying online

Digital platforms have become a popular route for silver exposure among Indian investors. PhonePe, working with MMTC-PAMP and SafeGold, offers digital silver options, as do Google Pay and Paytm. OroPocket allows investments starting from ₹1 and includes Bitcoin rewards. These services attract younger, tech-savvy buyers seeking fractional ownership and ease of trading.

Jewellery-focused platforms such as Tanishq, CaratLane and Kalyan Jewellers’ Candere sell silver coins, bars and utensils online. Physical bullion players like MMTC-PAMP, Augmont and Motilal Oswal offer high-purity bars and coins. Many investors combine physical and digital channels, using online accounts for flexibility and physical holdings for gifting, rituals and long-term storage.

Silver price today: trading ranges and portfolio role

Silver’s surge from its recent lows again shows sensitivity to geopolitical developments and supply-demand shifts. Key international levels under watch include support near $81.50 per ounce and resistance around $85.50. In India, current trading references sit at support of about ₹2,75,000 per kilogram and resistance close to ₹2,95,000.

Because silver functions both as a precious metal and an industrial input, it offers diversification potential. Short-term traders face challenges from frequent price swings, but such volatility can present entry points. Many investors prefer systematic routes, using SIPs in digital silver or silver ETFs to smooth timing risk while keeping exposure to the wider precious metals market.

Across both gold and silver, 7 March 2026 data reveals strong links between geopolitical news, technical levels and regional demand in shaping prices. Global spot markets show sharp rebounds, while Indian rates reflect both international cues and local taxes, currency movements and consumption patterns. For investors, the figures reinforce the metals’ continuing role as hedging tools within diversified portfolios.