Mumbai, 5 March 2026 (Nifty Share Price News Desk) – While gold prices have been fluctuating constantly, today, Thursday, 5 March 2026, gold rates in major cities across the country have dropped by an average of 1 to 2 percent. This decline is due to weak international market prices, the strength of the US dollar, the fall of the rupee, and reduced enthusiasm in domestic demand. Even though winter is ending and jewellers are announcing discounts ahead of the Holi festival, investors and buyers are staying cautious.
According to the Indian Bullion and Jewellers Association (IBJA), the rate of 24-carat gold in Mumbai has reached up to ₹1,64,500 for 10 grams, which has also caused similar changes in the prices of 22-carat and 18-carat gold. Although this drop is comforting for investors after last week’s surge, in the long term, the price of gold is likely to rise. Due to global economic instability, geopolitical tensions, and fears of inflation, gold has remained a popular safe investment option.
These rates are affected by local taxes, transport costs and jewellery-making charges. In cities of South India (like Bengaluru, Chennai), the rates are relatively lower, while in North India (Delhi) they appear higher. So let’s take a detailed look at the rates for 10 grams of 24, 22 and 18 carat gold in major cities. This information has been taken from reliable sources like GoodReturns and Times of India.
Gold Rate Today Bangalore
Gold prices in Bengaluru’s jewellery market fell by ₹551 per gram today. In this IT hub of South India, demand for gold has risen for high-end jewellery.
- 24 carat – 10 grams price: ₹1,63,530 (₹3,110 less than the previous day)
- 22 carat – 10 grams price: ₹1,49,900 (₹2,850 less than the previous day)
- 18 carat – 10 grams price: ₹1,22,650 (₹2,340 less than the previous day)
Gold Rate Today Chennai
Since Chennai has a traditional jewellery market, gold buying is always ongoing. Today there has been a drop to ₹87 per gram, and discounts are available during the festive season in Tamil Nadu.
- 24 carat – 10 grams rate: ₹1,64,950 (₹870 less than the previous day)
- 22 carat – 10 grams rate: ₹1,51,200 (₹800 less than the previous day)
- 18 carat – 10 grams rate: ₹1,23,712 (₹655 less than the previous day)
Gold Rate Today Hyderabad
Even though the demand for gold has increased in Hyderabad due to the Telugu New Year preparations, buyers have stopped due to today’s drop. Rates have remained stable, just like in Bengaluru.
- 24 carat – 10 grams price: ₹1,63,530 (₹3,110 less than the previous day)
- 22 carat – 10 grams price: ₹1,49,900 (₹2,850 less than the previous day)
- 18 carat – 10 grams price: ₹1,22,650 (₹2,340 less than the previous day)
Gold Rate Today Delhi
Gold prices are always high in the capital Delhi. Today, investors are being cautious due to market volatility, but the wedding season in North India is still giving a boost to gold.
- 24 carat – 10 grams rate: ₹1,63,680 (₹3,200 less than the previous day)
- 22 carat – 10 grams rate: ₹1,50,050 (₹2,930 less than the previous day)
- 18 carat – 10 grams rate: ₹1,22,760 (₹2,400 less than the previous day)
Gold Rate Today Mumbai
Mumbai, as the financial capital of India, is the hub for gold prices. Today there has been a drop to ₹551 per gram, and jewellers have special offers for Holi.
- 24 carat – 10 grams rate: ₹1,64,500 (₹5,510 less than the previous day)
- 22 carat – 10 grams rate: ₹1,50,790 (₹5,050 less than the previous day)
- 18 carat – 10 grams rate: ₹1,23,375 (₹4,140 less than the previous day)
Gold Rate Today Pune
In Pune, the cultural hub of Maharashtra, gold is bought in the traditional way. Today’s rates are similar to Bangalore’s, and there are discounts in the local market.
- 24 carat – 10 grams price: ₹1,63,530 (₹3,110 less than the previous day)
- 22 carat – 10 grams price: ₹1,49,900 (₹2,850 less than the previous day)
- 18 carat – 10 grams price: ₹1,22,650 (₹2,340 less than the previous day)
Conclusion:
This temporary drop in gold prices could be a good buying opportunity, especially during the Holi and wedding season. However, check rates with your local jeweller and ensure purity before purchasing. Keep an eye on international markets and RBI policies for future trends. For more updates, refer to the GoodReturns or IBJA websites.
