Hyderabad Gold Silver Rate Today, 5 March, 2026: MCX Gold Rises, Silver Slips; Check City Rates

Gold and Silver prices in Hyderabad remained elevated on Thursday, 5 March 2026, reflecting ongoing volatility in the global bullion market. The precious metal continues to attract strong safe-haven demand amid escalating tensions involving Iran, the United States and Israel.

Investors have been closely tracking geopolitical developments, which have played a major role in shaping gold price trends in recent days.

On the Multi Commodity Exchange (MCX), gold futures witnessed an upward movement during early trade, touching around ₹1,61,550 per 10 grams. According to market data from bullion tracking platforms, 24-carat gold in the retail market continues to hold firm above ₹1.64 lakh per 10 grams.

Gold prices in Hyderabad today

In Hyderabad's retail bullion market, gold prices remained broadly steady with minor variations depending on jewellers and local demand.

• 24-carat gold: ₹1,64,510 per 10 grams
• 22-carat gold: ₹1,50,800 per 10 grams
• 18-carat gold: ₹1,23,380 per 10 grams

Local jewellers note that prices can vary slightly based on making charges, taxes and store-specific pricing. Despite minor fluctuations, gold continues to trade near historic highs as global uncertainty pushes investors towards the metal.

Silver rates in Hyderabad today

• ₹294.90 per gram
• ₹2,94,900 per kilogram

Analysts say that the recent decline in silver prices is linked to multiple global factors. A stronger US dollar tends to make silver costlier in international markets, which can affect demand. Additionally, silver has significant industrial applications in electronics, solar panels and manufacturing sectors. When global industrial activity slows, demand for silver weakens, putting pressure on prices.

Why gold remains elevated

Gold prices have been moving in a volatile but upward range primarily due to geopolitical tensions in the Middle East. The conflict involving Iran and its confrontation with the United States and Israel has increased uncertainty across global markets.

Such conditions typically drive investors toward safe-haven assets like gold, keeping prices firm despite short-term corrections.

Disclaimer

The views and investment suggestions mentioned above are based on information from market analysts and publicly available data. They are meant for informational and educational purposes only and should not be considered investment advice. Investors should consult a licensed financial adviser before making any financial decisions related to bullion or other assets.