Gold Rates Update: Slight Dip Amid Market Volatility – Is It Time to Buy or Hold?
As of March 7, 2026, gold prices in India have experienced a slight decrease after the market showed fluctuations throughout the previous week. The current market value of 24K gold now stands at approximately ₹16,113 per gram, representing a decrease of ₹175 from its earlier price, while 22K gold stands at ₹14,770 per gram, with a decrease of ₹160. Jewellery enthusiasts keeping an eye on 18K gold will notice it has dropped ₹131 to ₹12,085 per gram.
The market experienced small price adjustments after a week of fluctuations, which has led all market participants to question whether this moment serves as a buying opportunity or if they should maintain their current positions.
Current Gold Rates in India (Per Gram)
| Purity | Today’s Price | Change |
|---|---|---|
| 24K (Pure Gold) | ₹16,113 | -₹175 |
| 22K (Standard Gold) | ₹14,770 | -₹160 |
| 18K (Jewellery Gold) | ₹12,085 | -₹131 |
Keep your eyes on the glittering trend – will prices rebound, or is the dip a golden opportunity to buy?
Gold Rates In Major Indian Cities (Per Gram) – March 7, 2026
| City | 24K Gold (Pure) | 22K Gold (Standard) |
|---|---|---|
| Delhi | ₹16,128 | ₹14,785 |
| Mumbai | ₹16,113 | ₹14,770 |
| Chennai | ₹16,320 | ₹14,960 |
| Kolkata | ₹16,113 | ₹14,770 |
| Hyderabad | ₹16,113 | ₹14,770 |
| Bangalore | ₹16,113 | ₹14,770 |
| Ahmedabad | ₹16,118 | ₹14,775 |
| Jaipur | ₹15,712 | ₹14,964 |
| Patna | ₹16,451 | ₹15,080 |
| Lucknow | ₹16,128 | ₹14,785 |
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Gold Rates in Delhi: 24K ₹16,128 | 22K ₹14,785
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Gold Rates in Mumbai: 24K ₹16,113 | 22K ₹14,770
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Gold Rates in Chennai: 24K ₹16,320 | 22K ₹14,960
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Gold Rates in Lucknow: 24K ₹16,128 | 22K ₹14,785
Gold Rates Today: MCX Gold Futures Update: April 2026 Contract Shows Uptick
As of March 7, 2026, gold futures on the Multi Commodity Exchange (MCX) are trading near ₹1,61,651 per 10 grams for the April 2026 contract. The market shows a daily gain of ₹1,978, representing an increase of approximately 1.24% from the previous close of ₹1,59,673. Intraday trading saw gold reach a high of ₹1,62,512 and dip to a low of ₹1,59,320, reflecting market volatility. Traders monitor these price changes to assess how global market trends and local customer demand affect gold prices. The price increase may prompt investors to reconsider their strategies, deciding whether to purchase more, maintain current holdings, or sell their assets.
(With Inputs)
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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