Gold Price Today, 21 March 2026: Gold prices have declined further in both international and domestic markets following the U.S. Federal Reserve’s decision to hold interest rates unchanged while signaling only one potential cut for 2026. International spot gold is trading around $4,607 per ounce, while domestic 24K gold has eased to approximately ₹1.48 lakh per 10 grams, marking continued pressure from hawkish central bank outlooks.
International Gold Rates
| Metric | Value |
|---|---|
| Spot Gold (USD/oz) | $4,607.37 |
| Per Gram | ~$148.13 |
| Daily Change | Down ~$219 or 4.5% from recent highs |
| Market Driver | Fed holds rates, signals only one cut for 2026 |
Gold (GCW00) Price Chart
| Time | Price (USD/oz) |
|---|---|
| 20 Mar, 1:00 pm | $4,650 |
| 20 Mar, 5:00 pm | $4,600 |
| 21 Mar, 12:00 am | $4,520 |
| 21 Mar, 2:00 am | $4,492 |
- Open: $4,653.90
- High: $4,738.20
- Low: $4,478.40
- Previous Close: $4,605.70
- Volume: 220,773
- Open Interest: 160,469
- Daily Change: -2.47%
Domestic Gold Rates (India) – Today | 21 March 2026
| Category | Per Gram | Per 10 Grams | Daily Change |
|---|---|---|---|
| 24K Gold (99.9%) | ₹14,891 | ₹1,48,910 | -₹1,370 |
| 22K Gold (91.6%) | ₹13,655 | ₹1,36,550 | -₹1,200 |
| 18K Gold | ₹11,173 | ₹1,11,730 | -₹980 |
Today 24 Carat Gold Rate Per Gram in India (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹14,891 | ₹15,028 | – ₹137 |
| 8 | ₹1,19,128 | ₹1,20,224 | – ₹1,096 |
| 10 | ₹1,48,910 | ₹1,50,280 | – ₹1,370 |
| 100 | ₹14,89,100 | ₹15,02,800 | – ₹13,700 |
Today 22 Carat Gold Price Per Gram in India (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹13,655 | ₹13,775 | – ₹120 |
| 8 | ₹1,09,240 | ₹1,10,200 | – ₹960 |
| 10 | ₹1,36,550 | ₹1,37,750 | – ₹1,200 |
| 100 | ₹13,65,500 | ₹13,77,500 | – ₹12,000 |
Today 18 Carat Gold Rate Per Gram in India (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹11,173 | ₹11,271 | – ₹98 |
| 8 | ₹89,384 | ₹90,168 | – ₹784 |
| 10 | ₹1,11,730 | ₹1,12,710 | – ₹980 |
| 100 | ₹11,17,300 | ₹11,27,100 | – ₹9,800 |
City-wise Domestic Rates (per 10g)
| City | 24K Gold | 22K Gold |
|---|---|---|
| Delhi | ₹1,49,060 | ₹1,36,700 |
| Mumbai | ₹1,48,910 | ₹1,36,550 |
| Chennai | ₹1,52,180 | ₹1,39,500 |
| Bangalore | ₹1,48,910 | ₹1,36,550 |
| Kolkata | ₹1,48,910 | ₹1,36,550 |
| Hyderabad | ₹1,48,910 | ₹1,36,550 |
Indian Major Cities Gold Rates Today (1 gram)
| City | 24K Today | 22K Today | 18K Today |
|---|---|---|---|
| Chennai | ₹15,218 | ₹13,950 | ₹11,640 |
| Mumbai | ₹14,891 | ₹13,655 | ₹11,173 |
| Delhi | ₹14,906 | ₹13,670 | ₹11,188 |
| Kolkata | ₹14,891 | ₹13,655 | ₹11,173 |
| Bangalore | ₹14,891 | ₹13,655 | ₹11,173 |
| Hyderabad | ₹14,891 | ₹13,655 | ₹11,173 |
| Kerala | ₹14,891 | ₹13,655 | ₹11,173 |
| Pune | ₹14,891 | ₹13,655 | ₹11,173 |
Gold Rate in India for Last 10 Days (1 gram)
| Date | 24K Gold | 22K Gold |
|---|---|---|
| 21 Mar, 2026 | ₹14,891 | ₹13,655 |
| 20 Mar, 2026 | ₹15,028 | ₹13,775 |
| 19 Mar, 2026 | ₹15,742 | ₹14,430 |
| 18 Mar, 2026 | ₹15,808 | ₹14,490 |
| 17 Mar, 2026 | ₹15,742 | ₹14,430 |
| 16 Mar, 2026 | ₹15,966 | ₹14,635 |
| 15 Mar, 2026 | ₹15,966 | ₹14,635 |
| 14 Mar, 2026 | ₹16,069 | ₹14,730 |
| 13 Mar, 2026 | ₹16,222 | ₹14,870 |
| 12 Mar, 2026 | ₹16,331 | ₹14,970 |
Gold Price Movement in March 2026
| Gold Rates | 22K | 24K |
|---|---|---|
| 1 March rate | ₹15,865 | ₹17,309 |
| 21 March rate | ₹13,655 | ₹14,891 |
| Highest rate in March | ₹15,865 (01 Mar) | ₹17,309 (01 Mar) |
| Lowest rate in March | ₹13,655 (21 Mar) | ₹14,891 (21 Mar) |
| Price Trend | Falling (-13.93%) | Falling (-13.97%) |
Gold ETF Performance (2025–2026)
Gold ETFs in India saw a massive surge in 2025, with some funds delivering returns exceeding 70%. As of March 2026, these are the top performers based on 5-year CAGR:
| Fund | 5-Year CAGR |
|---|---|
| LIC MF Gold ETF | 27.08% |
| Aditya Birla Sun Life Gold ETF | 27.05% |
| ICICI Prudential Gold ETF | 27.04% |
| Axis Gold ETF | 26.94% |
| Quantum Gold Fund | 26.93% |
Key Investment Metrics
- Expense Ratio: Ranges from 0.30% (Zerodha Gold ETF) to 1.0%
- Liquidity: Nippon India ETF Gold BeES and Tata Gold ETF lead with the highest trading volumes
- Tracking Error: Most top-tier ETFs maintain a tracking error below 0.8%
Local Taxes on Jewelry (India 2026)
The final price of gold jewelry in India is significantly higher than the quoted spot price due to the “GST 2.0” system and making charges.
| Component | Rate |
|---|---|
| GST on Gold Value | 3% (Standard across all purities) |
| GST on Making Charges | 5% (Applied to labor/craftsmanship) |
| Making Charges | 5% to 35% of gold value (design dependent) |
| Import Duty | 6% (reduced from 15% in previous years) |
Sample Calculation (10g of 24K Gold at ₹1,48,900)
| Component | Amount |
|---|---|
| Gold Value | ₹1,48,900 |
| Making Charges (10%) | ₹14,890 |
| GST on Gold (3%) | ₹4,467 |
| GST on Making (5%) | ₹745 |
| Final Retail Price | ₹1,69,002 |
Comparison: Physical Gold vs. Gold ETFs
| Feature | Physical Gold (Jewelry) | Gold ETFs |
|---|---|---|
| Upfront Costs | 3% GST + 10-35% Making Charges | 0% GST + Nominal Brokerage |
| Annual Costs | Locker/Insurance Fees | 0.3% – 1.0% Expense Ratio |
| Liquidity | Moderate (Jeweller buy-back) | High (Instant Exchange Trade) |
| Taxation | 12.5% LTCG (>24 months) | 12.5% LTCG (>12 months) |
Can Gold Prices Fall Further?
Short-Term Outlook:
- Fed Policy: With the U.S. Federal Reserve holding rates steady and signaling only one potential cut for 2026, gold faces continued pressure from a strong dollar.
- $4,500 Support Level: The next major support is at $4,500 per ounce. A break below could lead to further downside toward $4,400.
- Geopolitical Factors: While Middle East tensions provide some floor, dollar strength is currently the dominant driver.
Domestic Factors:
- Rupee Movement: A weaker rupee could cushion some of the international price fall for Indian buyers.
- Wedding Season: Approaching wedding season may provide physical demand support.
- Import Duty: Any changes in import duty could impact domestic prices.
Expert View: Analysts suggest that if the dollar index continues to strengthen, gold could test $4,500 in the coming weeks. However, any escalation in geopolitical tensions or dovish pivot from central banks could trigger a quick rebound.
Disclaimer: The information provided in this article is for informational purposes only. Gold rates are indicative as of today from market sources and exclude GST/TCS/levies. Final purchase prices may include a 3% GST and additional making charges ranging from 5% to 35% for jewellery. Please verify with local jewellers for exact pricing.
