Gold prices fell on March 3, before Holi. The price of gold, which increased yesterday due to increased tension in the Middle East due to Israel-Iran war, is seen falling today. However, this decline is quite minor. Gold prices have fallen a day before Holi. There is little hope that this trend will continue. Gold prices may rise further due to the Israel-Iran war. Today, on March 3, the price of 24 carat gold in Delhi reached ₹170,650 per 10 grams. At the same time, the price of gold in Mumbai is trading at ₹ 170,650. The price of gold in Chennai is slightly higher than other states, which has reached ₹ 170,830 per 10 grams.
On February 28, 2026, Israel and the US carried out air strikes on Iran, after which the situation deteriorated rapidly. Within hours, Iran retaliated with missiles and drones, targeting Israel and several targets in the Middle East. Tension further increased during the day with the news of the death of Iran’s Supreme Leader Ayatollah Ali Khamenei. If this conflict continues for a long time, uncertainty will increase in the global market, and in such an environment investors may move towards gold and silver as safe haven.
Gold rates in some big cities of the country
Gold Price in Delhi: The price of 24 carat gold in Delhi is ₹170,650 per 10 grams, while the price of 22 carat gold is ₹156,290 per 10 grams.
Chennai and Hyderabad: The price of 22 carat gold in Chennai and Hyderabad is ₹156,590 per 10 grams, while the price of 24 carat gold is ₹170,830 per 10 grams.
Price in Pune and Bengaluru: In these two cities, the price of 24 carat gold is Rs 170650 per 10 grams and the price of 22 carat gold is Rs 156290 per 10 grams.