Gold Rate Today Live Updates, March 24, 2026: Gold and silver prices in India continue to remain highly volatile on Tuesday, March 24, as global markets react to ongoing geopolitical tensions involving the US–Israel–Iran conflict, with tightening global liquidity and a stronger US dollar now outweighing traditional safe-haven demand.
After Monday’s sharp crash, gold prices are attempting a mild stabilisation but remain under pressure. According to the Indian Bullion and Jewellers Association (IBJA), gold had plunged by over Rs 12,000 to Rs 1,35,141 per 10 grams in the previous session. On the Multi Commodity Exchange (MCX), gold futures had also declined sharply by around 3.8 per cent to near Rs 1.39 lakh per 10 grams.
Despite the recent fall, gold remains significantly below its all-time high of Rs 1,80,779 per 10 grams recorded on January 29, 2026, highlighting the sharp correction phase currently underway.
The recent correction in gold prices is driven by:
1. Cooling of geopolitical tensions (Iran–Israel conflict)
2. Strengthening US dollar
3. Profit booking after record highs
4. Reduced safe-haven demand
Experts Opinion on Gold Rate Fluctuations
Experts suggest that the current dip does not indicate weakening of gold’s safe-haven appeal. Instead, the decline is being driven by tightening global liquidity conditions. Rising crude oil prices and higher US bond yields have led to a surge in dollar demand, creating a liquidity squeeze. In such scenarios, investors often sell even safe-haven assets like gold to raise cash and manage positions.
According to Anindya Banerjee of Kotak Securities, this phase reflects temporary pressure from global financial tightening rather than a structural shift in gold’s role as a hedge, indicating that volatility may persist in the near term.
Citywise Gold Rates(24 Carat)
Chennai – ₹14,191/g
Mumbai – ₹14,291/g
Delhi – ₹14,306/g
Kolkata – ₹14,291/g
Bangalore – ₹14,291/g
Hyderabad – ₹14,291/g
Kerala – ₹14,291/g
Pune – ₹14,291/g
Vadodara – ₹14,296/g
Ahmedabad – ₹14,296/g
Jaipur – ₹14,306/g
Lucknow – ₹14,306/g
Coimbatore – ₹14,191/g
Madurai – ₹14,191/g
Vijayawada – ₹14,291/g
Patna – ₹14,296/g
Nagpur – ₹14,291/g
Chandigarh – ₹14,306/g
Surat – ₹14,296/g
Bhubaneswar – ₹14,291/g
Posted from: 0001-01-01 00:00:00Z2026-03-24 11:57:33Z[]this blog via Microsoft Power Automate.
