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Gold and Silver Rates In India Today, March 31: In Mumbai, the price of 24-carat gold rises to Rs 1,48,270 per 10 grams, while 22k gold is available at Rs 1,35,910 per 10 grams.
Gold Prices Today, March 31.
Gold and Silver Rates In India Today, March 31: Gold and silver prices in India rose on March 30, amid escalating Iran-US war. In Mumbai, the price of 24-carat gold rose to Rs 1,48,270 per 10 grams, while 22k gold was available at Rs 1,35,910 per 10 grams. These rates do not include GST and making charges.
The MCX remains closed for the morning session on Tuesday on account of ‘Mahavir Jayanti’. It will resume trading in the evening session.
In January, gold touched its all-time high of over Rs 1,80,000, while silver prices hit a record Rs 4,20,000.
What Is The Price Of 22kt, 24kt Gold Today In India Across Key Cities On March 31?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,36,060 | Rs 1,48,240 |
| Jaipur | Rs 1,36,060 | Rs 1,48,240 |
| Ahmedabad | Rs 1,35,960 | Rs 1,48,320 |
| Pune | Rs 1,35,910 | Rs 1,48,270 |
| mumbai | Rs 1,35,910 | Rs 1,48,270 |
| Hyderabad | Rs 1,35,910 | Rs 1,48,270 |
| Chennai | Rs 1,35,910 | Rs 1,48,270 |
| Bengaluru | Rs 1,35,910 | Rs 1,48,270 |
| Kolkata | Rs 1,35,910 | Rs 1,48,270 |
Traders see little chance of a US rate cut this year, as higher energy prices threaten to feed into broader inflation and limit scope for monetary easing. That compares with expectations for two rate cuts before the conflict began.
While inflation typically boosts gold’s appeal as a hedge, elevated interest rates weigh on the non-yielding metal’s demand.
Gold has fallen more than 14% so far this month, marking its steepest monthly decline since October 2008, pressured by the US dollar, which has gained more than 2% since the US-Israeli war on Iran began on February 28.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
March 31, 2026, 09:36 IST
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