Gold Rate Today / Gold Slips to Rs 13,565 per Gram as Silver Sees wild Swings
·3 months ago·2 min read
Key Points
Gold prices fell for a fourth consecutive week, with 24-carat gold dropping Rs 1,032 per gram to Rs 13,565, marking a nine-session losing streak.
Mumbai, Mar 24: Gold and silver prices remained under pressure at the start of the week, with domestic bullion markets extending losses amid continued global uncertainty.
Gold Falls to Multi-Week Lows
Gold prices in India declined for a fourth consecutive week, with 24-carat gold dropping to Rs 13,565 per gram, down Rs 1,032 in a single day, according to Good Returns.
In bulk terms, 100 grams of 24 Karat gold fell to Rs 13,56,500 from Rs 14,59,700, marking a decline of Rs 1,03,200 in a day.
The metal has now fallen for nine straight sessions and is trading at its lowest level since early January.
Market sentiment remained cautious as tensions involving the United States and Iran continued to influence inflation outlook, energy prices and currency movements.
MCX Gold Trims Losses
On the derivatives front, gold futures pared some losses after Donald Trump postponed planned strikes on Iran by five days, citing “productive conversations.”
Iran denied that any talks had taken place, keeping uncertainty elevated.
Gold futures on the Multi Commodity Exchange (MCX) recovered from intraday lows but remained sharply lower.
The MCX Gold April 2, 2026 contract was trading at Rs 1,37,712 per 10 grams, down Rs 6,780 or 4.69% as of 10pm.
Also Read: Why Gold is Suddenly Falling During Iran War-Here’s the Real Reason Behind the Surprise Fall
Silver Shows Volatility, Partial Recovery
Silver witnessed sharp volatility, recording one of its steepest single-day declines on March 23.
Prices fell below the Rs 2 lakh mark, dropping nearly 12% during the session, and touched an intraday low of Rs 1,99,643 per kg before recovering.
MCX silver futures for May 2026 closed at Rs 2,19,134 per kg, down Rs 7,638 or 3.4%.
At its lowest point, silver has declined nearly 55% from its late-January peak of Rs 4,39,337 per kg and remains more than 50% below that level.
More Update: Watch today’s gold rate here. Read more for daily updates.
Silver Prices Edge Higher on March 24
On March 24, silver prices showed signs of recovery:
1 kg: Rs 2.35 lakh (up Rs 5,000)
100 grams: Rs 23,500 (up Rs 500)
10 grams: Rs 2,350 (up Rs 50)
Despite the rebound, silver prices have declined more than 22% so far in March.
Gold Falls to Multi-Week Lows
Gold prices in India declined for a fourth consecutive week, with 24-carat gold dropping to Rs 13,565 per gram, down Rs 1,032 in a single day, according to Good Returns.
In bulk terms, 100 grams of 24 Karat gold fell to Rs 13,56,500 from Rs 14,59,700, marking a decline of Rs 1,03,200 in a day.
The metal has now fallen for nine straight sessions and is trading at its lowest level since early January.
Market sentiment remained cautious as tensions involving the United States and Iran continued to influence inflation outlook, energy prices and currency movements.
MCX Gold Trims Losses
On the derivatives front, gold futures pared some losses after Donald Trump postponed planned strikes on Iran by five days, citing “productive conversations.”
Iran denied that any talks had taken place, keeping uncertainty elevated.
Gold futures on the Multi Commodity Exchange (MCX) recovered from intraday lows but remained sharply lower.
The MCX Gold April 2, 2026 contract was trading at Rs 1,37,712 per 10 grams, down Rs 6,780 or 4.69% as of 10pm.
Also Read: Why Gold is Suddenly Falling During Iran War-Here’s the Real Reason Behind the Surprise Fall
Silver Shows Volatility, Partial Recovery
Silver witnessed sharp volatility, recording one of its steepest single-day declines on March 23.
Prices fell below the Rs 2 lakh mark, dropping nearly 12% during the session, and touched an intraday low of Rs 1,99,643 per kg before recovering.
MCX silver futures for May 2026 closed at Rs 2,19,134 per kg, down Rs 7,638 or 3.4%.
At its lowest point, silver has declined nearly 55% from its late-January peak of Rs 4,39,337 per kg and remains more than 50% below that level.
More Update: Watch today’s gold rate here. Read more for daily updates.
Silver Prices Edge Higher on March 24
On March 24, silver prices showed signs of recovery:
1 kg: Rs 2.35 lakh (up Rs 5,000)
100 grams: Rs 23,500 (up Rs 500)
10 grams: Rs 2,350 (up Rs 50)
Despite the rebound, silver prices have declined more than 22% so far in March.
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