Gold Price Today [5 March, 2026]: Gold Retreats to $5,135 After Record Highs Amid Middle East Tension; Domestic Rates Drop to ₹1.64 Lakh/10g | Check City-Wise Rates

Gold Price Today, 05 March 2026: India’s gold market faces headwinds in 2026, with demand projected at 600-700 tonnes after 2025’s 711-tonne dip and down 11% amid 76% price surges. Today, March 5, Delhi 24K hits ₹16,466/gm (-1.85% daily), reflecting corrections from Middle East-driven peaks near ₹1.73L/10g. Investors eye safe-haven resilience despite ETF inflows hitting ₹430bn last year. 

• 24K Gold: ₹16,466 per gram (down ₹311 from yesterday)
• 22K Gold: ₹15,095 per gram (down ₹285)
• 18K Gold: ₹12,353 per gram (down ₹234)

Gold Rate Today: From Record Highs to Correction

Domestic gold retreated from peaks amid profit-booking, with 24K dropping 1.85% weekly in Delhi. US spot gold fell to around $5,135/oz from $5,417 highs and down 0.47% daily.

• Weekly change (Delhi 24K/10g): -₹3,110 (-1.85%)
• US gold: $5,135/oz (-5% from weekly high)
• Silver followed: MCX May futures at ₹2,63,722/kg, up 3.49% prior session but volatile

Today 24 Carat Gold Rate Per Gram in Delhi (INR)

Today 22 Carat Gold Rate Per Gram in Delhi (INR)

Today 18 Carat Gold Rate Per Gram in Delhi (INR)

Gold Price Today: MCX Gold & Silver Prices in India

MCX gold April futures hovered near ₹1,63,000/10g after a 1.33% rally to ₹1,63,265 earlier WHILE Silver May futures traded at ₹2,63,722/kg, reflecting 3.49% gains amid volatility.

Gold Prices in Mumbai

• 24K: ₹16,451/gm (-₹311)
• 22K: ₹15,080/gm (-₹285)
• 18K: ₹12,338/gm (-₹234)
  Prices mirror national correction trends.

Gold Rate Today in Delhi

• 24K: ₹16,466/gm (-1.85%)
• 22K: ₹15,095/gm (-1.89%)
• 18K: ₹12,353/gm
• Stable demand from jewelers persists.

Gold Prices in Kolkata

• 24K: ₹16,451/gm
• 22K: ₹15,080/gm
• 18K: ₹12,338/gm
  Slightly lower than southern hubs.

Gold Rate in Bengaluru

• 24K: ₹16,451/gm
• 22K: ₹15,080/gm
• 18K: ₹12,338/gm
  Tech city sees steady buying.

Gold Prices in Chennai

• 24K: ₹16,582/gm (highest among metros)
• 22K: ₹15,200/gm
• 18K: ₹13,100/gm
  Premium persists due to demand.

Gold price city-wise (₹/gram)

24K Gold price Country-wise per 10g

Note: Converted to INR equivalents; US at ₹1,64,510/10g aligns with domestic.

Gold Rate in India for Last 10 Days (10 gram)

Precious Metals Rally Amid Middle East Tensions

• US-Israeli strikes on Iran boosted safe-haven flows and pushing gold 19% YTD.
• Stock crash diverted funds to bullion and crude oil also surged.
• Silver up 16% YTD despite dollar strength.

Gold Silver Rate Today: What This Means for Investors

• Correction offers buying dip and hold for long-term hedge.
• Diversify 5-10% portfolio and watch US Fed, geopolitics.
• Physical vs ETFs: Factor GST/TCS (3%+).

Why are Gold & Silver Prices Rising?

• Escalating US-Iran conflict heightens uncertainty.
• Inflation fears and central bank buys (64% gain in 2025).
• Weaker rupee aids INR prices.

FAQ’s: Gold Price Today

1. Why did gold prices fall today? 

Profit-taking after rally and intl spot dipped 0.47% to $5,135/oz.

2. Is now good time to buy gold? 

Yes for long-term and correction from highs provides entry amid tensions.

3. How do MCX prices affect retail? 

Futures lead spot and today’s volatility signals caution.

4. What’s YTD gold performance? 

Up 19% globally and driven by turmoil post-2025 64% surge.

5. Include GST on gold? 

Rates exclude 3% GST, TCS and check jeweler for exacts.