Gold Rate Today, March 10: Spot gold prices experienced a significant increase on Tuesday following indications from US President Donald Trump that the conflict with Iran may be nearing resolution. The price of 24-carat gold was Rs 1,62,380 per 10 grams, whereas 22k gold was priced at Rs 1,49,000 per 10 grams, according to reports. The stated rates exclude GST and any applicable making charges.
The price of silver experienced a notable increase, rising to Rs 2,900 per 10 grams, compared to Rs 2,800 per 10 grams the previous day. On MCX, gold futures set to expire on April 2, 2026, traded at Rs 1,62,148 per 10 gram, reflecting an increase of 1.15 per cent. Silver futures expiring on March 05, 2026, increased by 3.92%, with a trading price of Rs 2,76,620 per kg.
Gold prices in India are primarily influenced by international market rates, import duties, taxes, and fluctuations in exchange rates. The interplay of these factors establishes the daily gold rates nationwide. The current conflict in the Middle East is having an impact on the prices of gold and silver.