Gold and Silver Price in India on 13 March 2026: Gold Near ₹1.56 Lakh, Silver Around ₹2.9 Lakh/kg at Market Close Analysis
Gold and silver prices in India ended the trading session on 13 March 2026 with a mild correction amid global market pressure and currency movements.
At market close, 24-karat gold was trading around ₹15,624 per gram (₹1,56,240 per 10 grams), while 22-karat gold stood near ₹14,880 per gram (₹1,48,800 per 10 grams) across major retail markets. Silver prices hovered around ₹290 per gram, or roughly ₹2,90,000 per kilogram in India.
Domestic bullion prices tracked global trends during the day, with international cues, a stronger US dollar, and shifting interest-rate expectations influencing investor sentiment.
Gold and Silver Prices Today in Major Indian Cities
| City | 24K Gold (10g) | 22K Gold (10g) | Silver (1 kg) |
|---|---|---|---|
| Delhi | ₹1,56,240 | ₹1,48,800 | ₹2,90,000 |
| Mumbai | ₹1,55,720 | ₹1,48,300 | ₹2,90,000 |
| Chennai | ₹1,56,450 | ₹1,49,000 | ₹2,90,000 |
| Kolkata | ₹1,55,720 | ₹1,48,300 | ₹2,90,000 |
| Bengaluru | ₹1,56,350 | ₹1,48,900 | ₹2,90,000 |
| Hyderabad | ₹1,56,450 | ₹1,49,000 | ₹2,90,000 |
| Ahmedabad | ₹1,55,720 | ₹1,48,300 | ₹2,90,000 |
| Pune | ₹1,55,720 | ₹1,48,300 | ₹2,90,000 |
Prices may vary slightly between cities due to local taxes, transportation costs, and jewellers’ margins.
Intraday Movement in Gold and Silver Prices
Gold and silver prices showed moderate intraday volatility on 13 March, tracking global commodity markets and investor sentiment. On the Multi Commodity Exchange (MCX), gold futures traded lower during the session, with prices around ₹1,59,467 per 10 grams, down roughly 0.5% during midday trade.
Silver also witnessed selling pressure during the trading session. MCX silver futures slipped to around ₹2,63,294 per kilogram, reflecting a decline of nearly 1.7% intraday.
The weakness in precious metals was partly driven by a stronger US dollar and rising crude oil prices, which reduced expectations of immediate global interest-rate cuts. However, geopolitical uncertainties continued to support safe-haven demand, preventing a sharper decline in prices.
Gold Rate Analysis
Gold prices in India registered a day-on-day decline compared with 12 March, when MCX gold traded around ₹1,62,180 per 10 grams. The correction on 13 March reflects profit booking after the recent rally and pressure from global currency movements.
A stronger US dollar typically weighs on gold prices because the metal is internationally priced in dollars. When the dollar strengthens, gold becomes more expensive for buyers using other currencies.
Despite the short-term decline, the broader trend in 2026 remains strong. Gold prices have surged significantly this year due to safe-haven demand amid geopolitical tensions and economic uncertainty.
However, elevated price levels are impacting retail jewellery demand in India, with some consumers delaying purchases due to affordability concerns. Seasonal factors such as wedding demand continue to offer some support to the physical market.
Silver Rate Analysis
Silver prices in India were trading around ₹2.90 lakh per kilogram on 13 March 2026. Compared with the previous day, retail silver prices remained largely stable, even though futures markets showed intraday volatility.
Unlike gold, silver has a dual role as both a precious metal and an industrial commodity, which makes its price movements more volatile. Industrial demand from sectors such as electronics, solar energy, electric vehicles, and manufacturing plays a major role in shaping silver price trends.
While silver often moves in tandem with gold, fluctuations in industrial demand and global commodity markets can lead to sharper price swings.
Factors Influencing Gold and Silver Prices Today
Several global and domestic factors influenced precious metal prices on 13 March:
- Global Economic Uncertainty: Investors move towards safe-haven assets like gold during geopolitical tensions and economic instability.
- US Dollar Movement: A stronger dollar tends to pressure global gold prices.
- Central Bank Policies: Expectations around global interest-rate decisions influence bullion markets.
- Safe-Haven Demand: Market volatility continues to support investment demand for gold and silver.
- Domestic Demand in India: Wedding and jewellery demand affect physical gold consumption.
Outlook for Gold and Silver
Looking ahead, gold and silver prices may remain volatile in the near term as global markets react to economic data and central bank signals.
Investors will closely monitor US inflation trends, currency movements, and geopolitical developments, which are likely to determine the direction of precious metal prices in the coming sessions. While short-term corrections may continue, safe-haven demand could provide underlying support for bullion markets.
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