Gold and Silver Price on 15 March 2026 in India: Gold Near ₹1.59 Lakh per 10g, Silver at ₹2.75 Lakh/kg
Gold prices in India witnessed slight fluctuations on 15 March 2026, as global market uncertainty and geopolitical tensions continued to influence investor sentiment. Despite rising tensions involving Iran, Israel, and the United States, bullion prices moved only marginally, reflecting cautious trading in the domestic market.
As of the latest market update, 24-carat gold is priced at ₹15,981 per gram (₹1,59,810 per 10 grams). Meanwhile, 22-carat gold is trading at around ₹14,650 per gram (₹1,46,500 per 10 grams). Lower purity 18-carat gold is available at approximately ₹11,989 per gram in the Indian market.
Silver prices, however, moved slightly lower during the session. The metal is currently trading at ₹275 per gram, taking the price to around ₹2,75,000 per kilogram across major bullion markets in India.
Overall, bullion prices remained relatively stable, though investors continued to track global economic developments, currency fluctuations, and geopolitical tensions that often influence demand for safe-haven assets.
Gold and Silver Prices on 15 March 2026 in Major Indian Cities
| City | 24K Gold (10g) | 22K Gold (10g) | Silver (1 kg) |
|---|---|---|---|
| Delhi | ₹1,59,900 | ₹1,46,600 | ₹2,75,000 |
| Mumbai | ₹1,59,810 | ₹1,46,500 | ₹2,75,000 |
| Chennai | ₹1,60,200 | ₹1,46,900 | ₹2,77,000 |
| Kolkata | ₹1,59,850 | ₹1,46,550 | ₹2,75,000 |
| Bengaluru | ₹1,59,900 | ₹1,46,600 | ₹2,75,500 |
| Hyderabad | ₹1,59,900 | ₹1,46,600 | ₹2,75,500 |
| Ahmedabad | ₹1,59,950 | ₹1,46,650 | ₹2,75,500 |
| Pune | ₹1,59,850 | ₹1,46,550 | ₹2,75,000 |
Prices may vary slightly across cities due to local taxes, transportation costs, and regional demand patterns.
Intraday Movement in Gold and Silver Prices
During today’s trading session, gold prices experienced mild downward pressure in the futures market. On the Multi Commodity Exchange (MCX), the gold futures contract declined by ₹66, or about 0.04%, to ₹1,58,400 per 10 grams during trading.
In the Delhi bullion market, gold prices also slipped. According to the All India Sarafa Association, the price of 99.9% pure gold declined by around ₹2,000, marking a fall of roughly 1.21%.
Global market developments played a major role in shaping today’s movement. The strengthening of the US dollar and rising bond yields reduced the attractiveness of non-yielding assets like gold and silver, putting pressure on bullion prices.
Gold Rate Analysis
Gold has traditionally been considered a safe-haven investment, especially during periods of economic uncertainty, inflation, or geopolitical conflict. Investors often turn to the metal to preserve wealth when financial markets become volatile.
The current global environment, marked by tensions in the Middle East, has once again increased investor interest in precious metals. However, the price impact has remained limited as strong currency movements and rising bond yields offset safe-haven demand.
Another factor influencing bullion prices is the surge in crude oil prices above $100 per barrel, which has raised concerns about persistent inflation. This has shifted some investor focus toward yield-bearing assets such as bonds rather than gold.
In the domestic market, physical demand for gold remains steady, though elevated prices continue to make jewellery purchases more expensive for retail buyers.
Silver Rate Analysis
Silver prices declined slightly today, with the metal trading near ₹2.75 lakh per kilogram in the Indian market.
Unlike gold, silver is influenced by both investment demand and industrial consumption. The metal is widely used in sectors such as electronics, solar energy, and manufacturing, which often makes its prices more volatile compared to gold.
Because of this dual demand structure, silver tends to track gold’s overall trend but often experiences sharper price movements depending on industrial activity and global economic outlook.
Factors Influencing Gold and Silver Prices Today
Several key factors are currently shaping bullion prices in India:
1. Geopolitical Tensions
Conflicts and global instability often increase demand for safe-haven assets like gold.
2. US Dollar Strength
A stronger dollar typically puts downward pressure on precious metals.
3. Bond Yields
Rising yields make interest-bearing assets more attractive compared to gold.
4. Inflation Concerns
High oil prices and inflation fears influence investor strategies.
5. Domestic Demand
Jewellery demand during weddings and festivals continues to affect gold consumption in India.
Outlook for Gold and Silver
Looking ahead, bullion prices may remain volatile in the near term as investors monitor geopolitical developments and global macroeconomic indicators.
Key triggers to watch include US Federal Reserve interest-rate expectations, currency movements, oil prices, and global economic stability, all of which are expected to influence the direction of gold and silver prices in the coming weeks.
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