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Gold Price Today [4 March, 2026]: Gold Retreats to $5,118 After Record Highs Amid Middle East Tension; Domestic Rates Drop to ₹1.67 Lakh/10g | Check City-Wise Rates

Gold Price Today, 4 March 2026: Gold prices retreat from record highs, trading at $5,118/oz internationally and ₹1.67 lakh/10g in Delhi. Check 24K, 22K, 18K city-wise rates in Mumbai, Chennai, Kolkata & more. Geopolitical tensions keep prices elevated.

Published by Prakriti Parul

Gold Price Today, 4 March 2026: After hitting record highs above $5,300 per ounce, gold prices have sharply declined; international spot prices are currently trading close to $5,118. In Delhi, the price of 24K gold has decreased by ₹2,890 per 10 grams to ₹1.67 lakh. Despite the correction, geopolitical tensions in the Middle East continue to keep prices elevated.

International Gold Price (Spot)

Although underlying support from geopolitical concerns is still present, global gold markets have pulled down from recent record highs due to profit-taking and a stronger dollar.

Metric Value
Spot Gold $5,118.90 per ounce
Price per Gram Approximately $164.03
Intraday High $5,394.20
Intraday Low $5,005.00
24-Hour Change -0.09%
Previous Close $5,123.70
Open $5,335.70
Volume 259,692
Open Interest 274,463

Key International Drivers:

  • Geopolitical Tensions: Ongoing U.S.-Iran hostilities continue to provide a safe-haven bid.
  • Trade Policy: Elevated tariff risks under new U.S. trade measures add to uncertainty.
  • Central Bank Demand: Steady accumulation by global central banks provides structural support.
  • Technical Pullback: After touching record highs above $5,300, prices are undergoing a healthy correction.

Gold (GCW00) Price Chart

Time Price (USD)
3 Mar, 2:00 pm $5,200
3 Mar, 6:00 pm $5,250
3 Mar, 10:00 pm $5,180
4 Mar, 2:00 am $5,120
4 Mar, 4:35 am IST $5,118.90
  • Open: $5,335.70
  • High: $5,394.20
  • Low: $5,005.00
  • Previous Close: $5,123.70
  • Volume: 259,692
  • Open Interest: 274,463

Domestic Gold Price (India)

Indian gold prices have decreased by roughly ₹2,800–2,900 per 10 grams in key cities, reflecting the global correction.

Purity Price per Gram Price per 10 Grams Daily Change
24K (Pure Gold) ₹16,762 – ₹16,777 ₹1,67,620 – ₹1,67,770 -₹2,890
22K (Jewellery Gold) ₹15,365 – ₹15,380 ₹1,53,650 – ₹1,53,800 -₹2,650
18K Gold ₹12,587 ₹1,25,870 -₹2,160

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

Gram Today Yesterday Change
1 ₹16,777 ₹17,066 - ₹289
8 ₹1,34,216 ₹1,36,528 - ₹2,312
10 ₹1,67,770 ₹1,70,660 - ₹2,890
100 ₹16,77,700 ₹17,06,600 - ₹28,900


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

Gram Today Yesterday Change
1 ₹15,380 ₹15,645 - ₹265
8 ₹1,23,040 ₹1,25,160 - ₹2,120
10 ₹1,53,800 ₹1,56,450 - ₹2,650
100 ₹15,38,000 ₹15,64,500 - ₹26,500


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

Gram Today Yesterday Change
1 ₹12,587 ₹12,803 - ₹216
8 ₹1,00,696 ₹1,02,424 - ₹1,728
10 ₹1,25,870 ₹1,28,030 - ₹2,160
100 ₹12,58,700 ₹12,80,300 - ₹21,600


City-Specific Rates (24K per 10 Grams)

City 24K Gold Price
Delhi ₹1,67,770
Mumbai ₹1,67,620
Bangalore ₹1,67,620
Hyderabad ₹1,67,620
Chennai ₹1,68,710


Gold Rate in Delhi for Last 10 Days (1 gram)

Date 24K Gold 22K Gold
04 Mar, 2026 ₹16,777 ₹15,380
03 Mar, 2026 ₹17,066 ₹15,645
02 Mar, 2026 ₹17,323 ₹15,880
01 Mar, 2026 ₹16,886 ₹15,480
28 Feb, 2026 ₹16,172 ₹14,825
27 Feb, 2026 ₹16,183 ₹14,835
26 Feb, 2026 ₹16,204 ₹14,855
25 Feb, 2026 ₹16,193 ₹14,845
24 Feb, 2026 ₹16,150 ₹14,805
23 Feb, 2026 ₹15,943 ₹14,615


Compare Average Gold Rate in Delhi

Term 24K 22K
10 Days ₹16,550.44 ₹15,172.22
1 Month ₹15,967.14 ₹14,637.59
6 Months ₹13,499.36 ₹12,375.63
1 Year ₹11,602.10 ₹10,636.42


Gold Price Movement in Delhi, February 2026

Gold Rates 22K 24K
1 February rate ₹14,735 ₹16,073
28 February rate ₹15,480 ₹16,886
Highest rate in February ₹15,480 (28 Feb) ₹16,886 (28 Feb)
Lowest rate in February ₹14,055 (2 Feb) ₹15,332 (2 Feb)
Price Trend Rising (+5.06%) Rising (+5.06%)

Investment Options

Physical Gold: Coins and bars (e.g., 10g 24K bar) are currently retailing around ₹1,81,889 including merchant premiums.

  • Gold ETFs: Price tracking is possible without physical storage thanks to major funds like ICICI Prudential Gold ETF and Nippon India ETF Gold BeES.
  • Digital Gold: Platforms like PhonePe, Google Pay, and Paytm allow purchases starting from as low as ₹1.
  • Taxation: All physical gold purchases in India are subject to a 3% GST over the base rates.

Top Online Platforms to Buy Gold in India (2026)

  • Apps for digital gold and savings include Jar (micro-savings), OroPocket (₹1 entry, Bitcoin incentives), Google Pay, PhonePe, and Paytm (MMTC-PAMP partners).
  • Jewellery Brand Platforms: Tanishq DigiGold (SafeGold, 350+ stores), CaratLane (jewellery-ready gold), Kalyan Jewellers Candere (bars/coins, doorstep delivery).
  • Physical Bullion & Market Platforms: MMTC-PAMP (999.9 purity bars/coins), Zerodha, Groww, Upstox (Gold ETFs, Gold Mutual Funds, Sovereign Gold Bonds).

What This Means for Investors

For investors who missed the first rush, the steep decline from record highs presents a possible entry point. Important stages to monitor:

International:

  • Support: $5,000 per ounce
  • Resistance: $5,300 per ounce

Domestic (Delhi 24K):

  • Support: ₹1,65,000 per 10g
  • Resistance: ₹1,75,000 per 10g

For long-term investors, gold's role as a portfolio protector has been reaffirmed by the recent surge to record highs. The geopolitical backdrop remains highly uncertain, and central bank buying continues to provide structural support. Systematic investment plans (SIPs) in gold ETFs or digital gold remain an effective strategy for participating in the precious metals uptrend while managing entry timing risk.

Prakriti Parul