Gold Price India Today March 31 2026 — ₹1,49,200 per 10g, Silver at ₹94,500

Gold rate today in India: 24K gold at ₹1,49,200 per 10 grams in major cities. Silver at ₹94,500 per kg. Global spot gold holds above $3,100. Full city-wise rates and buying guide.

Gold rate today in India: 24K gold is trading at ₹1,49,200 per 10 grams and 22K gold at ₹1,36,767 per 10 grams. Silver is at ₹94,500 per kilogram. City-wise rates — Mumbai: ₹1,49,350 (24K/10g) | Delhi: ₹1,49,450 | Chennai: ₹1,50,100 | Kolkata: ₹1,49,200 | Hyderabad: ₹1,49,800 | Bangalore: ₹1,49,600 | Pune: ₹1,49,350 | Ahmedabad: ₹1,49,500.

International gold spot price is holding above $3,100 per troy ounce on March 31, 2026. The sustained rally is driven by global safe-haven demand, ongoing geopolitical tension in West Asia, and central bank buying from China, India and Turkey. The US dollar weakness has also contributed to gold strength in dollar terms.

Gold has gained over 18% in rupee terms since January 2026. Three major drivers: (1) RBI gold purchases — India added 8.7 tonnes to reserves in Q1 2026 as forex diversification continues. (2) West Asia conflict premium — the Hormuz Strait deadline uncertainty pushed institutional investors toward gold as a hedge. (3) Rupee depreciation — the rupee has weakened against the dollar which amplifies imported gold prices in India.

Should you buy gold now? Financial advisors recommend a 10–15% gold allocation in a balanced portfolio. For SIP investors in gold ETFs, the advice is to continue monthly investments regardless of daily price movements. Sovereign Gold Bonds (SGB) offer 2.5% annual interest plus gold appreciation — the current tranche closes April 5, 2026.