Gold prices are falling after Holi. On the morning of March 5, the price of 24 carat gold in the capital Delhi reached ₹ 164,650 per 10 grams. This price in Mumbai is ₹164,500 per 10 grams. According to Reuters, gold prices have increased at the international level. The increased tension in the Middle East due to the Israel-Iran war has increased the demand for gold as a safe-haven asset.
The spot price of gold in the international market increased by 0.8 percent to $5,176.69 an ounce. US gold futures for April delivery also rose 1 percent to $5,186.30 an ounce. On February 28, 2026, Israel and the United States declared open war against Iran and launched airstrikes. Within a few 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 ₹164,650 per 10 grams. The price of 22 carat gold is ₹150,940 per 10 grams.
Mumbai, Chennai and Kolkata: Currently, the price of 22 carat gold in Mumbai, Chennai and Kolkata is ₹150,790 per 10 grams, while the price of 24 carat gold is ₹164,500 per 10 grams.
Price in Pune and Bengaluru: The price of 24 carat gold in these two cities is ₹164,500 per 10 grams and the price of 22 carat gold is ₹150,790 per 10 grams.
price of silver
Another precious metal, silver, is also seeing a decline on the morning of March 5. The price is Rs 284900 per kg. According to Reuters, the spot price of silver in the international market has increased by 1.2 percent to $84.43 an ounce.