Gold Rate In India Today, March 26: 22K/100g Gold Rises Rs. 1000 After Slipping 13,700; Silver Up Too

Gold prices in India rose today after declining for five consecutive days. The market is now focused on the upcoming implementation of U.S. President Donald Trump's tariffs, set to take effect on April 2, which is expected to bring significant volatility.

Investors are beginning to show renewed interest in gold as a safe-haven asset, especially after U.S. consumer confidence fell to its lowest level in over four years in March. Concerns about a potential recession and higher inflation due to tariffs have contributed to this shift. Market participants are also closely watching the U.S. Personal Consumption Expenditures (PCE) data, scheduled for release on Friday, for insights into the Federal Reserve's next policy moves. Additionally, rising geopolitical tensions are further supporting the gold price rally.

Gold Rate in India Today

On Wednesday, March 26, the 22 carat gold rates in India jumped Rs. 100 to cost Rs. 81,950. While the 24-carat gold prices increased by Rs. 110 per 10 grams to cost Rs. 89,400. Similarly, the 18-carat gold rates also rose by Rs. 80 to retail at Rs. 67,050.

In a similar light, the higher quantities of gold, the 100 grams of 24-carat gold rates, now retail at Rs. 8,94,000, which slipped by Rs. 1100. While the 22-carat gold art is priced at Rs. 8,19,500, which rose by Rs. 1000

Silver prices in India today

Silver rates in India today rose after a prolonged period of no major movement. 1 kg of silver rates in India costs Rs. 1,02,000, rising Rs. 1000. While 100g of silver rates in India retails at Rs. 10,200 after rising Rs. 100.

Gold prices in Chennai, Bengaluru, and Hyderabad

Gold prices rose across the country today. Below are the gold rates in the major cities of India:

10 grams of 24-carat gold prices in Chennai stand at Rs. 89,290 per 10 grams, while the 22-carat gold prices in Chennai cost Rs. 81,850 per 10 grams.

Likewise, gold rates in Bangalore for 22 carats are now at Rs. 81,850 per 10 grams, while the 24-carat gold price in Bangalore is now at Rs. 89,290 per 10 grams of yellow metal.

Gold prices in Hyderabad are also mirroring the gold rates in India today, where the price of 22-carat gold retails at Rs. 81,850 per 10 grams. A 24-carat gold retails at Rs. 89,290 per 10 grams.

MCX Gold and Silver Futures Prices Today

Gold futures prices on the MCX set to mature on April 4, 2025, rose today and are trading at Rs. 87,586, which jumped by 0.04% at the time of writing. Similarly, silver futures prices set to mature on May 5, 2025, traded higher at 99,210 after rising by 0.06% at the time of writing.

Outlook: "MCX Gold April is expected to rise towards the ₹88200 level as long as it holds the support near the ₹87200 level. • MCX Silver May is expected to rise further towards the ₹100800 level as long as it trades above the ₹98000 level." as per the ICICI Direct Research report.

Spot Gold Price and Spot Silver Rate

According to a Reuters report, spot gold remained steady at $3,019.72 per ounce as of 0328 GMT, while U.S. gold futures edged down 0.1% to $3,023.60. Spot silver declined 0.2% to $33.69 per ounce. Gold prices held firm on Wednesday as market participants adjusted positions ahead of U.S. President Donald Trump's broad reciprocal tariff plans, which are expected to drive inflation and slow economic growth.

Gold price Outlook Ahead

"Spot gold prices ended on the positive note, gaining 0.30%, while silver prices rose more than 2% yesterday on weakness in the dollar and softening of US Treasury yields. Further, prices moved north on safe haven buying amid uncertainty over US President Donald Trump's tariff plans for next week. Meanwhile, sharp upside was capped as the US was successful in making separate deals with Ukraine and Russia to ensure safe passage in the Black Sea and implement a ban on strikes against energy infrastructure." As noted by the ICICI Direct Research Report.

As per the commodity report from the India Bullion and Jewellers Association Ltd., " Gold advanced on Tuesday as bullion-backed exchange-traded funds continued to see big inflows. Bullion traded around $3,020 an ounce, less than $40 shy of the record high reached last week. Gold-backed ETFs have added about 154 tonnes so far this year, according to data collected by Bloomberg. Gold-backed ETFs have seen persistent outflows over the last four years, as high interest rates made holding cash rather than gold more appealing for Western investors. That trend has reversed this year, giving support to prices. Bullion has rallied 15% this year as an escalating trade war rattles markets, fuelling haven demand."

"Fundamental Outlook: Gold and silver prices are trading slightly higher today on the international bourses. We expect precious metal prices on Indian bourses to trade range-bound to higher for the day, as gold prices are steady near a record high after US consumer confidence fell sharply, signalling trouble for the world's No. 1 economy."