Search

    Language Settings
    Select Website Language

    GDPR Compliance

    We use cookies to ensure you get the best experience on our website. By continuing to use our site, you accept our use of cookies, Privacy Policy, and Terms of Service.

    Gold Prices Continue To Climb Ahead (Mar 5), Check 22K & 24K Rates Per Gram In Cities

    2 hours ago

    24K & 22K Gold Price Today: Gold prices climbed on Thursday, while silver also advanced, as escalating tensions in the Middle East pushed investors towards safe-haven assets.

    Earlier in the session, bullion prices had surged more sharply, with silver jumping around 3.3 per cent and gold rising over 1 per cent before trimming some gains due to mild profit booking.

    Market sentiment was largely influenced by intensifying geopolitical tensions, as the conflict involving the United States, Israel and Iran entered its sixth day. The situation has disrupted key global energy supply routes, raising concerns about inflation and prompting investors to seek refuge in precious metals.

    Weakness in the US dollar also supported bullion prices. The dollar index edged up 0.22 per cent to 98.99, after earlier recording its sharpest decline in three weeks as rising oil prices and stronger global equities reduced demand for the safe-haven currency.

    Meanwhile, crude oil prices moved higher amid the escalating conflict. Benchmark Brent crude for April delivery on the Intercontinental Exchange was trading at $83.26 per barrel, up about 2.43 per cent from the previous close. West Texas Intermediate (WTI) crude for April delivery on the NYMEX rose 2.63 per cent to $76.63 per barrel.

    Geopolitical risks intensified after reports that a US submarine sank an Iranian warship near Sri Lanka, resulting in at least 80 deaths, raising fears of a broader regional escalation.

    Analysts said gold has support levels at Rs 1,58,000 and Rs 1,62,000, while resistance is seen at Rs 1,75,000 and Rs 1,80,000. For MCX silver, support lies at Rs 2,50,000 and Rs 2,70,000, with resistance at Rs 3,00,000 and Rs 3,20,000.

    Experts added that rising energy prices could push inflation higher and delay potential interest rate cuts by the US Federal Reserve, supporting US Treasury yields in the near term and limiting further gains in precious metals.

    Traders noted that Gold Rates in India  climbed, with Gold prices in Delhi and other key metros reflecting the latest jump.

    Gold Rates Across Major Cities In India On March 5

    Gold Prices in Delhi Today (Per 1 Gram)

    24 Karat - 16,368

    22 Karat- 15,005

    18 Karat- 12,280

    Gold Prices in Chennai Today (Per 1 Gram) 

    24 Karat - 16,495

    22 Karat- 15,120

    18 Karat- 13,039

    Gold Prices in Bengaluru Today (Per 1 Gram)

    24 Karat - 16,353

    22 Karat- 14,990

    18 Karat- 12,265

    Gold Prices in Mumbai Today (Per 1 Gram)

    24 Karat - 16,353

    22 Karat- 14,990

    18 Karat- 12,265

    Gold Prices in Pune Today (Per 1 Gram)

    24 Karat - 16,353

    22 Karat- 14,990

    18 Karat- 12,265

    Gold Prices in Kolkata Today (Per 1 Gram)

    24 Karat - 16,353

    22 Karat- 14,990

    18 Karat- 12,265

    Gold Price Today in Major Indian Cities

    City 24k Gold Per Gram 22k Gold Per Gram 18k Gold Per Gram
    Gold Rate in Hyderabad 16,353 14,990 12,265
    Gold Rate in Ahmedabad 16,358 14,995 12,270
    Gold Rate in Indore 16,358 14,995 12,270
    Gold Rate in Lucknow 16,368 15,005 12,280
    Gold Rate in Coimbatore 16,495 15,120 13,039
    Gold Rate in Bhubaneswar 16,353 14,990 12,265
    Gold Rate in Mysore 16,353 14,990 12,265
    Gold Rate in Kanpur 16,368 15,005 12,280
    Gold Rate in Salem 16,495 15,120 13,039
    Gold Rate in Visakhapatnam 16,353 14,990 12,265
    Gold Rate in Vijayawada 16,353 14,990 12,265
    Gold Rate in Patna 16,358 14,995 12,270

    To check Silver price in India today, click here.

    Click here to Read More
    Previous Article
    Silver Prices Continue To Rally (March 5), Check 1 Gram And 1 Kg Rates In Major Cities Across India
    Next Article
    "Tehran Not Involved In Attack On Saudi Aramco": Iranian Sources To NDTV

    Related Business Updates:

    Are you sure? You want to delete this comment..! Remove Cancel

    Comments (0)

      Leave a comment