Hyderabad Gold Silver Rate Today, 10 March 2026: Gold, Silver Slip In Local Market; MCX Also Trades Lower

Gold and silver prices in Hyderabad witnessed a decline on 10 March 2026, reflecting pressure from global bullion markets and fluctuations in local demand. The drop in prices has come as a relief for buyers in the city, especially those planning jewellery purchases in the coming weeks.

Traders in Hyderabad's bullion market say that international price movements, currency fluctuations and profit booking by investors have influenced domestic precious metal prices. Both gold and silver have corrected after touching higher levels earlier this month.

Gold Prices in Hyderabad Today

Gold prices across Hyderabad's jewellery markets moved lower today as global trends remained under pressure. The correction has encouraged many retail buyers who were waiting for prices to ease after recent highs.

Gold Rate in Hyderabad (10 March 2026):

• 24 Carat Gold: ₹16,167 per gram
• 22 Carat Gold: ₹14,819 per gram
• 18 Carat Gold: ₹12,125 per gram

Market watchers note that gold prices have remained volatile over the past several days. Earlier in March, prices had climbed to higher levels before gradually correcting, creating opportunities for buyers looking to invest in gold jewellery or bullion.

Silver Prices in Hyderabad Today

Alongside gold, silver prices in Hyderabad also recorded a sharp decline in today's trading session. The fall follows a recent rally that had pushed silver prices significantly higher earlier in the month.

Silver Rate in Hyderabad (10 March 2026):

• Silver per gram: ₹289.90
• Silver per kilogram: ₹2,89,900

Market participants say silver prices have been particularly volatile recently, influenced by global commodity market movements and shifting investor sentiment.

MCX Gold Price Update

Precious metals futures on the Multi Commodity Exchange (MCX) also showed weakness during morning trade. Gold futures were trading lower, reflecting the global trend and cautious sentiment among investors.

The MCX gold contract was trading around ₹60,113 per 10 grams, registering a decline of about ₹1,521 or 0.94 percent during the session. The contract is scheduled to expire on 2 April 2026, and trading activity showed moderate participation from market players.

MCX Silver Price Update

Silver futures on the MCX also moved lower in the same session. The metal was trading at around ₹2,63,037 per kilogram, down ₹5,248 or nearly 1.96 percent from the previous closing price.

The MCX silver contract, which is set to expire on 5 May 2026, has seen fluctuations as investors react to global market developments and shifting expectations around interest rates and currency movements.

Overall, analysts say that global economic cues, currency strength and investor sentiment in international markets will continue to influence gold and silver prices in Hyderabad and across India in the coming days.