Gold prices in India climbed to ₹1.61 lakh per 10 gm today, buoyed by a softer US dollar and cooling crude oil prices. The rally reflects heightened safe-haven demand as investors closely monitor escalating geopolitical tensions, particularly the US-Iran conflict, which continues to unsettle global markets.
The surge was reported on March 10, 2026, with domestic bullion markets tracking international trends. Analysts note that the combination of a weaker dollar and easing oil prices has created favorable conditions for gold, while geopolitical risks amplify investor appetite for precious metals.
Gold Rate Movement
On the Multi Commodity Exchange (MCX), gold futures for April delivery traded higher, touching intraday levels above ₹1.61 lakh. Internationally, COMEX gold also gained, reflecting strong global demand amid uncertainty.
Geopolitical And Market Drivers
The US-Iran war remains a key factor influencing investor sentiment. With crude oil prices cooling, the dollar index slipped, further supporting gold’s upward trajectory. Market experts suggest that bullion may remain volatile but attractive as a hedge against geopolitical and economic risks.
Key Highlights
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Gold prices in India rise to ₹1.61 lakh per 10 gm
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US dollar weakens after crude oil correction
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COMEX gold gains on safe-haven demand
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US-Iran war tensions drive investor sentiment
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Analysts expect continued volatility in bullion markets
Sources: Reuters, Mint, Economic Times