Gold Rate in India Drops Steeply Across 24K, 22K and 18K Segments
Home BusinessGold Rate in India Drops Steeply Across 24K, 22K and 18K Segments

Gold Rate in India Drops Steeply Across 24K, 22K and 18K Segments

Sharp fall in gold prices continues for fourth week as global tensions and market pressure weigh on bullion rates.

by Tamanna

The Gold Rate in India remained under heavy pressure at the beginning of the new week in March 2026, extending its losing streak for the fourth consecutive week. In a dramatic fall, 24K gold prices dropped sharply, marking one of the steepest single-day declines in recent months.

In the latest session, 24K gold slipped to ₹13,565 per gram, down by ₹1,032 in just one day. On a bulk level, 100 grams of gold plunged to ₹13,56,500 from ₹14,59,700, registering a massive fall of ₹1,03,200. This sharp correction has pushed the Gold Rate in India to its lowest level since early January.

Continuous Decline Amid Global Uncertainty

Despite a brief pause in losses, gold prices have now declined for nine straight sessions. The broader sentiment in the bullion market remains cautious due to ongoing geopolitical tensions, particularly involving Donald Trump and Iran.

Concerns around inflation, fluctuating energy prices, interest rate expectations, and currency volatility continue to weigh heavily on the Gold Rate in India, keeping investors on edge.

Latest 24K Gold Prices in India

As per the latest data, the Gold Rate in India for 24K gold shows significant declines across all weight categories:

1 gram: ₹13,565 (down ₹1,032)
8 grams: ₹1,08,520 (down ₹8,256)
10 grams: ₹1,35,650 (down ₹10,320)
100 grams: ₹13,56,500 (down ₹1,03,200)

22K Gold Rate Today

The fall in gold prices was equally visible in 22K gold:

1 gram: ₹12,435 (down ₹945)
8 grams: ₹99,480 (down ₹7,560)
10 grams: ₹1,24,350 (down ₹9,450)
100 grams: ₹12,43,500 (down ₹94,500)

Also read : Gold Rate Today Forecast: Prices May Dip Further Amid Inflation Fears and US-Iran Conflict

18K Gold Rate Today

Lower purity gold also witnessed sharp declines:

1 gram: ₹10,174 (down ₹774)
8 grams: ₹81,392 (down ₹6,192)
10 grams: ₹1,01,740 (down ₹7,740)
100 grams: ₹10,17,400 (down ₹77,400)

International Market Impact

Globally, gold prices showed slight recovery, trading above $4,480 per ounce after Donald Trump delayed planned military action against Iran for five days. While Trump cited “productive conversations,” Iran denied any such talks, keeping uncertainty alive in global markets.

MCX Gold Update

On the domestic futures market, MCX gold managed to recover slightly from intraday lows but still remained under pressure. The April 2, 2026 contract traded at ₹1,37,712 per 10 grams, down ₹6,780 or 4.69%.

Gold Price Outlook

Market experts suggest that bullion prices are currently trading below key technical levels like the 50 and 100-day exponential moving averages (DEMA). The next crucial support level lies at 200-DEMA, and a break below this could accelerate the downward trend.

Given the current global and technical factors, the Gold Rate in India may remain volatile in the near term, with investors closely watching geopolitical developments and central bank signals.

( Disclaimer: This article is for informational purposes only and should not be considered investment advice. Investors are advised to consult certified financial experts before making any investment decisions. )

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