Gold prices in India witnessed slight fluctuations today as global market movements and profit-booking affected bullion rates. Investors and jewellery buyers are closely tracking the gold rate today (5 March 2026) as the precious metal recently touched record highs due to geopolitical tensions and strong safe-haven demand worldwide.
According to the latest market data, the price of 24-carat gold in India is around ₹16,353 per gram, while 22-carat gold is about ₹14,990 per gram today.
Gold prices have slightly declined compared to the previous trading session, as investors booked profits after the recent rally.
Gold Rate Today in India (5 March 2026)
Here are the latest gold prices in India today:
| Gold Purity | Price Per Gram | Price Per 10 Gram |
|---|---|---|
| 24 Carat Gold | ₹16,353 | ₹1,63,530 |
| 22 Carat Gold | ₹14,990 | ₹1,49,900 |
| 18 Carat Gold | ₹12,265 | ₹1,22,650 |
The prices above are average bullion market rates and may vary slightly depending on city, jeweller margins, taxes, and making charges.
City-Wise Gold Rate Today
Gold prices differ slightly across major Indian cities due to local taxes, transportation costs, and demand levels. Here are approximate rates for 24K and 22K gold (per 10 grams) in major cities:
| City | 24K Gold | 22K Gold |
|---|---|---|
| Delhi | ₹1,62,050 | ₹1,48,546 |
| Mumbai | ₹1,62,330 | ₹1,48,803 |
| Chennai | ₹1,62,680 | ₹1,49,123 |
| Kolkata | ₹1,62,300 | ₹1,48,700 |
Prices are updated during morning trade and may change throughout the day depending on global bullion trends and currency fluctuations.
MCX Gold Price Today
Gold futures on the Multi Commodity Exchange (MCX) also showed mild volatility today.
- MCX gold price: around ₹1,61,499 per 10 grams
- Slight decline compared to the previous session
Commodity traders say the market is witnessing consolidation after gold recently surged to record levels earlier this week.
Why Gold Prices Are Fluctuating
Several factors are influencing the gold rate today in India:
1. Global Geopolitical Tensions
Rising geopolitical tensions in the Middle East have pushed investors toward safe-haven assets like gold, which recently pushed global prices to record highs.
2. Profit Booking by Traders
After the sharp rally, many traders have started booking profits, leading to short-term corrections in prices.
3. US Dollar and Interest Rates
The strength of the US dollar and expectations around interest rate policy also affect international gold prices.
4. Indian Rupee Movement
Changes in the rupee-dollar exchange rate directly impact gold prices in India since most gold is imported.
Gold Price Trend in March 2026
Gold prices have remained highly volatile during the first week of March 2026.
- Highest price in March: around ₹1,69,349 per 10 grams
- Lowest price: about ₹1,60,802 per 10 grams
The precious metal has been moving sharply as global markets react to geopolitical developments and investor sentiment.
Gold Rate in Dubai vs India
Gold prices in India are usually higher than those in Dubai due to import duties and taxes.
For example, on 5 March 2026:
| Location | 24K Gold (10g) |
|---|---|
| India | ₹1,62,000+ |
| Dubai | ₹1,53,880 (approx converted) |
The price difference mainly arises from customs duty and GST applied in India.
Is It a Good Time to Buy Gold?
Market experts say gold remains a strong long-term investment option because it acts as a hedge against inflation and economic uncertainty.
However, due to the recent surge in prices, short-term volatility may continue. Investors planning to buy gold for jewellery or investment should monitor daily price movements before making large purchases.
Many analysts suggest buying during small corrections rather than at record highs.
Gold Investment Options in India
Apart from jewellery, Indians can invest in gold through several modern financial options:
- Gold ETFs (Exchange Traded Funds)
- Sovereign Gold Bonds (SGB)
- Digital Gold
- Gold Mutual Funds
- Physical gold coins and bars
These options allow investors to benefit from gold price appreciation without worrying about storage or security.
Outlook for Gold Prices
Experts believe gold prices may remain volatile in the coming weeks as global markets react to geopolitical developments and economic indicators.
If geopolitical tensions continue and inflation concerns remain high, gold could see further upside. However, short-term corrections are also likely as traders adjust their positions.
FAQs on Gold Rate Today
What is the gold rate today in India?
As of 5 March 2026, the gold rate in India is approximately ₹16,353 per gram for 24K gold and ₹14,990 per gram for 22K gold.
Why does the gold price change daily?
Gold prices fluctuate due to global market demand, currency exchange rates, interest rates, and geopolitical events.
Which gold is best for jewellery?
22-carat gold is commonly used for jewellery because it contains 91.6% pure gold and is more durable than 24K gold.
Is gold a good investment in 2026?
Gold is generally considered a safe-haven asset and can help diversify investment portfolios during uncertain economic periods.
