Gold Silver Rate Today, 8 March, 2026: City-Wise Prices Update As MCX Gold Surges, Silver Trades Flat

The article details how gold and silver prices moved on 8 March 2026, with domestic Indian gold rising across purity grades and global futures showing solid activity amid geopolitical tensions and growth concerns, aiding investor strategies in futures, ETFs, and digital metals.

Gold and silver prices on 8 March 2026 move higher or hold firm as investors seek safety amid persistent geopolitical risks and uncertain global growth. Indian markets track these cues, with domestic gold gaining more than ₹2,500 per 10 grams in one session, while silver trades within a narrow band between ₹2.85 lakh and ₹2.90 lakh per kilogram.

Spot gold climbs sharply in global trade, reversing recent declines as traders rotate funds back into safe assets. The metal trades around $5,174.23 per ounce, with an intraday low of $5,060.13 and a high near $5,176.50. The daily move of +1.69%, or $85.74, highlights renewed caution across world financial markets.

Global trends and drivers for Gold and Silver Price Today

International gold gains reflect three linked factors. First, safe-haven buying rises as geopolitical tensions flare again. Second, concerns around global growth and policy keep investors wary of risk assets. Third, prices bounce from technical support levels after recent pullbacks, drawing in short-covering and fresh buying at lower zones.

Intraday futures data for Gold (GCW00) show active trading interest around current levels. The contract opens at $5,099.70, touches a session high of $5,185.00, and slips to a low of $5,071.00. Previous close stands at $5,078.70, with volume at 148,507 lots and open interest reported at 262,874, indicating firm participation.

Price action over the last day also shows steady intraday steps higher. Futures change from $5,100 at 3:00 pm on 6 March to $5,120 by 8:00 pm. Values reach $5,140 at 1:00 am on 7 March, then $5,150 at 6:00 am, before printing $5,158.70 at 10:28 am IST.

Domestic market snapshot for Gold and Silver Price Today

Domestic gold markets mirror the international uptrend, with sharp increases across key Indian cities. Rates for 24K purity rise by about ₹250–₹252 per gram, while 22K and 18K segments also move higher. The surge helps erase earlier losses seen during the first week of March 2026 and lifts investor interest in physical and digital gold.

Standard gold categories post distinct price jumps nationwide. Pure 24K gold now trades near ₹16,380 per gram and ₹1,63,800 per 10 grams, up ₹252. Jewellery-grade 22K stands at ₹15,015 per gram and ₹1,50,150 per 10 grams, rising ₹230. Eighteen-carat gold quotes at ₹12,288 per gram and ₹1,22,880 per 10 grams, adding ₹188 in the latest session.

Delhi, as a key benchmark market, shows detailed shifts across quantities for 24K gold. A single gram now costs ₹16,380, compared with ₹16,128 on 7 March, a gain of ₹252. For 10 grams, the price advances from ₹1,61,280 to ₹1,63,800. Large orders of 100 grams move from ₹16,12,800 to ₹16,38,000, marking a jump of ₹25,200.

Twenty-two carat gold in Delhi records similar upward adjustments. The price per gram increases from ₹14,785 to ₹15,015, a change of ₹230. At 10 grams, values rise from ₹1,47,850 to ₹1,50,150. For bulk purchases of 100 grams, the rate climbs from ₹14,78,500 to ₹15,01,500, indicating higher costs for jewellery buyers and retailers.

For investors preferring 18K in Delhi, prices firm as well. The rate per gram moves from ₹12,100 to ₹12,288, up ₹188. Eight grams now cost ₹98,304 versus ₹96,800 earlier. Ten grams increase from ₹1,21,000 to ₹1,22,880, while 100 grams shift from ₹12,10,000 to ₹12,28,800, reflecting the broader rally in the gold complex.

City benchmarks and trend tables for Gold and Silver Price Today

City-wise, 24K gold largely trades within a narrow band, with minor regional differences. Chennai posts the highest quote at ₹16,418 per gram. Mumbai, Kolkata, and Bangalore each show ₹16,364 per gram. Delhi, Gurgaon, and Noida hold slightly higher at ₹16,380 per gram, tracking movements on major commodity exchanges.

Recent data for Delhi show how prices shift over the last 10 days. On 27 February 2026, 24K trades at ₹16,183 per gram, while 22K stands at ₹14,835. Values dip to ₹16,172 and ₹14,825 on 28 February. They then fluctuate between ₹16,172 and ₹17,323 for 24K, and ₹14,825 and ₹15,880 for 22K, up to 8 March.

Average prices across different periods show how Delhi gold has risen over time despite short-term swings. For 24K, the 10-day average is about ₹16,611.22, the 1-month average is ₹16,072.90, the 6-month average is ₹13,620.03, and the 1-year average is ₹11,685.02. For 22K, similar averages stand at ₹15,227.78, ₹14,734.48, ₹12,486.22, and ₹10,712.42 respectively.

Market movement and investor angles in Gold and Silver Price Today

Within March 2026, Delhi gold shows a declining trend from earlier highs. On 1 March, 24K quotes at ₹17,323 per 10 grams, while 22K stands at ₹15,880. By 7 March, these fall to ₹16,380 and ₹15,015. Price trends indicate a fall of about 5.44% for 24K and 5.45% for 22K during this period.

For investors, the latest bounce from recent lows underlines gold’s resilience as a store of value. Traders now watch key zones. Internationally, support lies around $5,060 per ounce and resistance near $5,185 per ounce. In Delhi, 24K gold sees support around ₹1,61,000 per 10 grams and resistance close to ₹1,68,000 per 10 grams.

Many wealth managers view long-term allocations to gold as a tool for portfolio diversification. Systematic plans in gold exchange-traded funds or digital gold allow investors to spread purchases over time. This approach can reduce timing risk when prices swing sharply, while still giving exposure to movements in the precious metals market.

Global backdrop for Silver Price Today and domestic pattern

Silver markets present a different but related picture. International spot prices hold near $84.70 per ounce after a sharp 3% rebound earlier in the week. The metal trades between an intraday low of $81.78 and a high of $85.33, with broader 52-week movement spanning from $48.20 to $121.64, including a recent high at $121.64 in January 2026.

Silver (SIW00) futures show the market digesting recent gains. The contract opens at $82.56, then trades up to $85.33 and down to $81.78 during the session. Previous close is $82.18, with volume at 40,347 and open interest at 76,979. Prices tick from $82.50 at 2:00 pm on 6 March to $84.70 by 3:30 am IST on 7 March.

Multiple forces shape global silver direction. Heightened tensions in the Middle East keep safe-haven buying intact. Demand from electronics and solar energy industries provides structural support, reflecting silver’s industrial role. After a swift rebound, prices now consolidate as traders book profits and reassess positions, leading to a steady tone rather than new surges.

Indian retail landscape in Silver Price Today and gold-linked platforms

In India, silver prices remain largely unchanged on 8 March 2026, moving within a narrow band. Domestic quotes range from ₹2.85 lakh to ₹2.89 lakh per kilogram in major cities. Per gram values sit between ₹285 and ₹290, with no daily change recorded. These rates already include Goods and Services Tax of 3% and typical making charges on physical products.

Standard silver rate tables show stable quotes over different quantities. One gram trades at ₹285, unchanged from the previous day. Ten grams stand at ₹2,850, 100 grams at ₹28,500, and one kilogram at ₹2,85,000, with no variation across these slabs. This stability contrasts with the more volatile pattern seen in earlier March sessions.

Regional differences appear when comparing major cities. Chennai, Hyderabad, and Kerala quote ₹2,899 per 10 grams, ₹28,990 per 100 grams, and ₹2,89,900 per kilogram. Delhi, Mumbai, Kolkata, Bangalore, Pune, Vadodara, and Ahmedabad largely show ₹2,850, ₹28,500, and ₹2,85,000 for the same slabs, meaning southern markets hold a premium of up to ₹5,000 per kilogram.

Recent trend tables and investor cues in Silver Price Today

A snapshot of per-kilogram rates summarises regional spreads. Chennai, Hyderabad, and Kerala each quote ₹2,89,900 per kilogram. Delhi, Mumbai, Kolkata, Bangalore, and Pune remain at ₹2,85,000 per kilogram. Southern premiums reflect both cultural demand for silverware and industrial consumption patterns that are stronger in specific states.

Daily data for the last 10 days show how silver has corrected before stabilising. On 27 February 2026, 10 grams cost ₹2,850 and 1 kg ₹2,85,000. Prices rise to ₹2,950 and ₹2,95,000 on 28 February and 1 March, then jump to ₹3,150 and ₹3,15,000 on 2 March. By 8 March, values return to ₹2,850 and ₹2,85,000.

Monthly movement for March 2026 shows how silver has corrected from peak levels. The opening price on 1 March is ₹2,95,000 per kilogram. Rates touch a high of ₹3,15,000 on 2 March, then slide to a low of ₹2,84,900 on 7 March. By 8 March, the closing price is ₹2,85,000, implying a monthly change of -3.39%, with the market consolidating after a sharp fall.

Investment platforms and strategy signals from Gold and Silver Price Today

Several online platforms now offer digital access to gold and silver for Indian investors. Google Pay, PhonePe, Paytm, Jar, and OroPocket allow small-ticket digital gold or silver purchases, often partnered with MMTC-PAMP or SafeGold. OroPocket also advertises investments starting from ₹1 and offers Bitcoin rewards on some transactions, appealing to younger, tech-focused savers.

Large jewellery brands provide additional channels for buying precious metals. Tanishq DigiGold, linked with SafeGold and a network of more than 350 stores, enables digital accumulation with redemption into jewellery. CaratLane focuses on jewellery-ready gold and silver items. Kalyan Jewellers’ Candere platform offers coins, bars, and doorstep delivery for customers seeking physical holdings.

For investors who prefer financial instruments over physical metal, several brokerages offer options. MMTC-PAMP sells high-purity 999.9 gold and silver bars and coins. Equity platforms such as Zerodha, Groww, and Upstox allow trading in Gold ETFs, gold mutual funds, and Sovereign Gold Bonds, enabling long-term exposure through demat accounts alongside existing equity portfolios.

Analysts note that silver’s quick rebound from recent lows shows its sensitivity to geopolitical news. International support is seen near $81.50 per ounce, with resistance around $85.50. In India, traders track support at ₹2,75,000 per kilogram and resistance at ₹2,95,000 per kilogram. Currency moves, especially a weaker rupee, can raise landed costs for imported silver.

Silver’s dual nature as both a precious and industrial metal provides different diversification benefits compared with gold. The metal’s volatility can complicate short-term trading, yet it also generates opportunities for gradual accumulation. Many advisors suggest systematic investment in digital silver or silver ETFs, mirroring SIP-style approaches used for gold, to reduce timing risk during volatile periods.

Across both metals, 8 March 2026 shows gold advancing strongly and silver consolidating after earlier swings. International tensions, industrial demand, and currency moves remain the key variables for price direction. For Indian households and investors, the latest levels offer a reference point for jewellery purchases, digital accumulation, and longer-term portfolio planning in precious metals.