Gold Rate Today – March 5, 2026: Latest 24K, 22K, 18K & 14K Prices in Delhi, Mumbai, Chennai, Bengaluru, Hyderabad & Other Major Cities

Mumbai, Mar 05 : Gold prices today witnessed continued volatility on Thursday, March 5, 2026, as escalating geopolitical tensions involving Iran, the United States and Israel weighed on global financial markets. Persistent safe haven demand, along with currency movements, kept bullion traders and jewellery buyers cautious.

According to GoodReturns, retail rates for 24-carat gold stood at Rs 1,64,660 per 10 grams. Meanwhile, the Indian Bullion and Jewellers Association (IBJA) pegged the benchmark rate slightly lower at Rs 1,62,548 per 10 grams during the morning session.

On the derivatives front, gold futures on the Multi Commodity Exchange (MCX) traded marginally higher at Rs 1,61,550 per 10 grams, compared to the previous close of Rs 1,61,525. Notably, the precious metal had scaled a record high of Rs 1,80,779 per 10 grams in the futures segment on January 29.

IBJA Rates by Purity

As per IBJA data, 24-carat gold was quoted at Rs 1,62,548 per 10 grams, while 23-carat gold was priced at Rs 1,61,897. The rate for 22-carat gold stood at Rs 1,48,894 per 10 grams. Lower purity variants were more affordable, with 18-carat gold at Rs 1,21,911 and 14-carat gold at Rs 95,091 per 10 grams.

City-Wise Gold Rates (Per 10 Grams)

In Delhi, 24-carat gold was priced at Rs 1,64,660, while 22-carat and 18-carat gold were available at Rs 1,50,950 and Rs 1,23,530, respectively.

Mumbai and Kolkata reported similar trends, with 24-carat gold at Rs 1,64,510 and 22-carat at Rs 1,50,800.

Chennai recorded higher prices, with 24-carat gold at Rs 1,65,820 and 22-carat gold at Rs 1,52,000.

Bengaluru and Hyderabad saw 24-carat gold retailing at Rs 1,64,510, with 22-carat priced at Rs 1,50,800 per 10 grams.

Global Cues and Market Outlook

Gold advanced over 1 percent in the previous session, supported by renewed safe-haven buying amid rising tensions in West Asia. MCX April futures climbed 1.04 percent to Rs 1,62,790 per 10 grams.

In the international market, spot gold rose nearly 1 percent to $5,138.46 per ounce, while US April futures gained 0.5 percent to $5,147.10.

Despite the price surge, gold exchange-traded funds (ETFs) registered declines ranging between 3 and 3.87 percent. So far in 2026, bullion has gained around 19 percent, following a remarkable 64 percent rally in 2025, largely driven by geopolitical uncertainties and sustained central bank buying.

Analysts suggest immediate support for MCX gold near Rs 1,58,000 and Rs 1,62,000 levels, while resistance is seen around Rs 1,75,000 and Rs 1,80,000. The dollar index, which edged up 0.15 percent to 99.20, limited further upside by making dollar denominated gold costlier for global investors.