Gold prices today: The yellow metal fell on Monday as rising energy prices and inflation concerns reduced expectations of US interest-rate cuts, while the conflict involving the US, Israel and Iran continued to escalate.
MCX gold rate for April futures contracts opened lower by ₹1,225, or 0.77%, at ₹1,57,241 per 10 grams as against its previous close of ₹1,58,466. The precious metal’s price extended losses after opening lower. MCX gold rate was trading at ₹ per 10 grams, down by 0.82%.
Gold’s growth over the years
Notably, gold prices last year experienced their strongest bull run since 1979, rising by over 75%. In recent months, gold prices have risen modestly amid strong safe-haven demand and global economic uncertainty.
In India, the yellow metal climbed from ₹135,257 in early January to ₹157,480 by March, marking an appreciation of around 16%.
Gold in the retail market is typically sold in 24-karat, 22-karat, and 18-karat purity. While 24K gold is considered the purest form, 22K gold is commonly used for jewelry as it is more solid. Here’s a look at the latest gold prices across major Indian cities on 15 March 2026.
Gold Rate in Mumbai — 16 March
24 karat gold rate in Mumbai — ₹₹1,57,090/10 gm
22 karat gold rate in Mumbai — ₹Rs.143,999/10 gm
18 karat gold rate in Mumbai — ₹117,818/10 gm
Gold Rate in Kolkata — 16 March
24 karat gold rate in Kolkata — ₹156,810/10 gm
22 karat gold rate in Kolkata — ₹143,743/10 gm
18 karat gold rate in Kolkata — ₹117,608/10 gm
Gold Rate in New Delhi — 16 March
24 karat gold rate in New Delhi — ₹156,740/10 gm
22 karat gold rate in New Delhi — ₹143,678/10 gm
18 karat gold rate in New Delhi — ₹117,555/10 gm
Gold Rate in Bengaluru — 16 March
24 karat gold rate in Bengaluru — ₹157,140/10 gm
22 karat gold rate in Bengaluru — ₹144,045/10 gm
18 karat gold rate in Bengaluru— ₹117,855/10 gm
Gold Rate in Chennai — 16 March
24 karat gold rate in Chennai — ₹Rs.157,470/10 gm.
22 karat gold rate in Chennai — ₹144,348/10 gm.
18 karat gold rate in Chennai — ₹118,103/10 gm
Gold Rate in Ahmedabad — 16 March
24 karat gold rate in Ahmedabad — ₹157,220/10 gm
22 karat gold rate in Ahmedabad — ₹144,118/10 gm
18 karat gold rate in Ahmedabad — ₹117,915/10 gm
Gold Rate in Hyderabad — 16 March
24 karat gold rate in Hyderabad — ₹157,190/10 gm
22 karat gold rate in Hyderabad — ₹144,091/10 gm
18 karat gold rate in Hyderabad — ₹117,893/10 gm
(Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.)
