Gold And Silver Prices Drop Across Major Indian Cities On March 23, 2026

Precious metals opened lower across India, tracking global cues as crude oil shocks and inflationary concerns rattled investor sentiment. Analysts noted that the fall in bullion prices was driven by stronger expectations of interest rate hikes and heightened geopolitical risks.

City-Wise Gold Rates

• In Delhi, 24K gold was priced at ₹14,596 per gram, while 22K stood at ₹13,379 per gram. Mumbai reported 24K gold at ₹14,580 per gram and 22K at ₹13,365 per gram. Chennai recorded 24K gold at ₹14,620 per gram and 22K at ₹13,400 per gram. Kolkata saw 24K gold at ₹14,590 per gram and 22K at ₹13,375 per gram.

Silver Prices

• Silver traded at ₹244.90 per gram or ₹2,44,900 per kilogram, extending its recent losing streak.

Key Highlights

• Gold slips below ₹1,40,000 per 10 grams on MCX
• Silver falls over 6% to ₹2,44,900 per kilogram
• Delhi, Mumbai, Chennai, Kolkata report similar declines
• Global gold prices hit four-month low amid tensions
• Investor sentiment cautious with inflation worries

Sources: Business Today, India TV News, Times Now, Mathrubhumi