Gold and silver prices showed mixed movement on Tuesday, March 3, 2026. According to the India Bullion and Jewellers Association (IBJA), gold prices declined slightly today. The price of 24-carat gold stands at Rs 1,39,513 per 10 grams, down from Rs 1,39,569 on Monday, marking a marginal fall of Rs 56. Similarly, 22-carat gold is priced at Rs 1,38,954 per 10 grams, also down by Rs 56 from the previous session’s Rs 1,39,010.
18-Carat Gold Rate Today
The price of 18-carat gold is Rs 1,27,794 per 10 grams today, compared to the previous closing price of Rs 1,27,845, a decline of Rs 51. Meanwhile, according to bullions.co.in, 24-carat gold has fallen by Rs 580 and is being sold at Rs 1,39,390 per 10 grams.
Today’s Silver Rates
According to IBJA, the price of one kg of silver stands at Rs 2,20,353 today, up from Rs 2,19,260 on Monday, reflecting an increase of Rs 1,093 per kg. However, as per bullions.co.in, silver is being sold at Rs 2,21,800 per kg, showing a sharp decline of Rs 4,140. IBJA releases gold and silver prices twice a day.
Also Read | Anil Ambani’s Reliance Power Shares Rise After Businessman Seeks Structured Settlement of Bank Dues.
What Do Experts Say?
Experts say the market is under pressure amid signs of easing tensions between the US and Iran. However, the US Federal Reserve is unlikely to cut interest rates due to persistent inflation concerns, which is affecting investor sentiment. There is also speculation that central banks across the world may sell part of their gold reserves to tackle inflation, potentially increasing supply and putting further pressure on gold and silver prices.