Gold, Silver Rate: Gold prices in India continued to show slight fluctuations on Sunday as global tensions and market uncertainty influenced investor sentiment. Rising geopolitical tensions involving Iran, Israel, and the United States have created volatility in global markets, prompting investors to turn toward traditional safe-haven assets such as gold.
Currently, the price of 24 karat gold in India stands at Rs 15,981 per gram. Meanwhile, 22 karat gold is priced at Rs 14,650 per gram, and 18 karat gold is available at Rs 11,989 per gram. Despite the global uncertainty, gold prices have shown only minimal movement compared to the previous day.
Silver prices also moved lower today. The rate of silver is currently Rs 275 per gram, taking the price to around Rs 2,75,000 per kilogram in the Indian market.
Gold remains a safe-haven asset
Gold has long been considered one of the most reliable investment options during times of economic uncertainty and inflation. For decades, investors have relied on the precious metal to preserve wealth when financial markets become unstable.
With rising tensions in the Middle East and uncertainty in global financial markets, many investors are once again turning to gold and silver. Precious metals often witness price gains during such periods as investors seek protection against currency fluctuations and inflation risks.
Analysts believe that geopolitical conflicts and economic instability usually push investors toward assets that hold long-term value, and gold continues to be one of the most trusted options in this regard.
Rising oil prices and bond yields affect bullion
According to Trading Economics, the surge in crude oil prices beyond $100 per barrel has raised concerns about persistent inflation. This has shifted investor focus toward yield-bearing assets such as bonds instead of precious metals.
Bullion prices in domestic markets remained under pressure over the past week. On the Multi Commodity Exchange, silver dropped by Rs 8,850, marking a decline of 3.3 per cent, while gold prices fell by Rs 3,168, registering a 2 per cent decrease.
Gold and silver prices on March 15, 2026, have slightly cooled after recent volatility. Both metals are facing pressure due to the strengthening US dollar, though ongoing tensions in the Middle East are still providing some support. Globally, gold is trading around $5,023 per ounce, while silver has declined to about $81.34 per ounce. In India, gold rates remain stable, but silver prices have softened.
24-Carat Gold: At the start of the week, the price was ₹1,58,751 per 10 grams. It has now fallen by ₹352 to ₹1,58,399.
22-Carat Gold: The price has dropped from ₹1,45,416 to ₹1,45,093 per 10 grams.
18-Carat Gold: The rate has declined from ₹1,19,063 to ₹1,18,799 per 10 grams.
Precious metal rates show little movement in domestic markets as all major gold categories remain nearly unchanged.
24 karat gold rate in Mumbai — Rs 158,780/10 gm.
old and silver prices could experience some fluctuations next week ahead of the US Federal Reserve meeting and ongoing developments in the Iran-US war.
The rate of silver is currently Rs 275 per gram, taking the price to around Rs 2,75,000 per kilogram in the Indian market.
According to data from the All India Sarafa Association, gold prices declined in the bullion market in the national capital. The price of 99.9 per cent pure gold, or 24-carat gold, dropped by Rs 2,000, reflecting a fall of around 1.21 per cent.
On the Multi Commodity Exchange (MCX), the gold futures contract fell by Rs 66, or 0.04 per cent, to Rs 1,58,400 per 10 grams.
Currently, the price of 24 karat gold in India stands at Rs 15,981 per gram. Meanwhile, 22 karat gold is priced at Rs 14,650 per gram, and 18 karat gold is available at Rs 11,989 per gram.
Gold has long been considered one of the most reliable investment options during times of economic uncertainty and inflation. For decades, investors have relied on the precious metal to preserve wealth when financial markets become unstable.
According to Trading Economics, the surge in crude oil prices beyond $100 per barrel has raised concerns about persistent inflation. This has shifted investor focus toward yield-bearing assets such as bonds instead of precious metals.
The futures market also showed slight pressure on gold prices. On the Multi Commodity Exchange (MCX), the gold futures contract fell by Rs 66, or 0.04 per cent, to Rs 1,58,400 per 10 grams during evening trade. In the previous session, the contract had settled at Rs 1,58,466 per 10 grams.
Market experts say the main reason behind the fall in precious metals is the strengthening of the dollar index. Expectations of interest rate cuts by the US Federal Reserve have also weakened, which has reduced the appeal of gold and silver for investors.
The immediate pressure on gold prices (XAU/USD) is mainly due to the strengthening of the US dollar and rising bond yields. Amid global uncertainty, investors have shifted toward the dollar as a safe asset, pushing the US Dollar Index up by around 0.7% to 100.43.
