Gold prices continue to fall. On the morning of March 6, the price of 24 carat gold in the capital Delhi fell to ₹ 163,020 per 10 grams. In Mumbai this price was ₹162,870 per 10 grams. A day earlier, on March 5, gold prices in the Delhi bullion market had fallen by ₹7,600 or 4.4 per cent to ₹165,200 per 10 grams due to profit booking by investors. Increased demand for safe-haven assets was offset by heavy profit booking at higher levels due to rising geopolitical tensions between the US, Israel and Iran.
On February 28, 2026, Israel and America declared open war against Iran and carried out air strikes. Within hours, Iran retaliated by launching missile and drone attacks on Israel. Iran has also attacked many countries in the Middle East. Iran’s Supreme Leader, Ayatollah Ali Khamenei, was killed the day before the Israeli strike.
Gold rates in some big cities of the country
Gold Price in Delhi: 24 carat gold price in Delhi is ₹163,020 per 10 grams. The price of 22 carat gold is ₹149,440 per 10 grams.
Mumbai, Chennai and Kolkata: Currently, the price of 22 carat gold in Mumbai, Chennai and Kolkata is ₹149,290 per 10 grams, while the price of 24 carat gold is ₹162,870 per 10 grams.
Price in Pune and Bengaluru: The price of 24 carat gold in these two cities is ₹162,870 per 10 grams and the price of 22 carat gold is ₹149,290 per 10 grams.
price of silver
Another precious metal, silver is also seen falling on the morning of March 6. The price is Rs 284,900 per kg. A day earlier, silver prices had fallen by Rs 27,700, or 9.23 per cent, to Rs 272,300 per kg in the Delhi bullion market. The spot price of silver in the international market is $84.11 per ounce.
