Gold and Silver Rates Today, March 4: Check Latest City-Wise Prices

Gold prices in India have softened slightly, while silver has edged higher, reflecting fresh momentum in global bullion markets. Rising geopolitical tensions in the Middle East have pushed investors toward safe-haven assets, leading to sharp movements internationally and influencing domestic rates.

In the global market, spot gold surged by more than 2 percent to trade at 5,394.28 dollars per ounce. Silver also recorded gains of over 1 percent, hovering around 95.19 dollars per ounce. Such strong international trends often impact Indian bullion prices, as domestic markets closely follow global cues along with currency fluctuations.

Gold Prices Across Major Indian Cities

In India, gold prices vary slightly from city to city due to local taxes, transportation charges, and demand levels.

Mumbai, the country’s financial hub, is seeing 24-carat gold retail at approximately Rs 1,61,350 per 10 grams. Kolkata is trading at around Rs 1,61,130 per 10 grams.

In the national capital Delhi, gold is priced at roughly Rs 1,61,070 per 10 grams. Meanwhile, southern cities continue to record comparatively higher rates. Chennai is leading the metro markets with gold priced at Rs 1,61,820 per 10 grams. Hyderabad follows at Rs 1,61,600, and Bengaluru is close behind at Rs 1,61,480 per 10 grams.

Gold Rates Per 10 Grams

• Mumbai: Rs 1,61,350
• Delhi: Rs 1,61,070
• Bengaluru: Rs 1,61,480
• Chennai: Rs 1,61,820
• Hyderabad: Rs 1,61,600
• Kolkata: Rs 1,61,130

Silver Prices Across Major Cities

Silver prices have strengthened in line with global gains. Mumbai is currently witnessing silver trade at Rs 2,65,640 per kg. Delhi is keeping pace at Rs 2,65,190 per kg.

Among southern markets, Chennai reports the highest rate at Rs 2,66,420 per kg. Hyderabad follows at Rs 2,66,070, while Bengaluru stands at Rs 2,65,850 per kg. In Kolkata, silver is trading at approximately Rs 2,65,290 per kg.

Silver Rates Per Kilogram

• Mumbai: Rs 2,65,640
• Delhi: Rs 2,65,190
• Bengaluru: Rs 2,65,850
• Chennai: Rs 2,66,420
• Hyderabad: Rs 2,66,070
• Kolkata: Rs 2,65,290

Why Are Prices Moving?

Precious metals like gold and silver are often considered safe investment options during periods of uncertainty. When global tensions rise or markets become volatile, investors tend to shift funds into bullion. This increased demand pushes prices higher internationally, which in turn affects domestic markets.

Apart from global developments, factors such as the rupee-dollar exchange rate, local demand during wedding or festive seasons, and import duties also influence pricing in India.

For buyers and investors, it is important to monitor daily price updates, as bullion rates can change quickly based on international trends and market sentiment. Whether purchasing for investment or jewellery, staying informed helps in making better decisions.


Disclaimer: Gold and silver prices mentioned in this article are based on available market data and may vary slightly depending on local jewellers, taxes, and making charges. Prices are subject to change due to market fluctuations, global trends, and currency movements. Readers are advised to verify rates with authorised dealers or financial experts before making any purchase or investment decision.