Gold Rate Today Live Updates, March 29, 2026: Gold Prices Down Nearly Rs 35,000 From Peak; Check City-Wise Prices In India
Published on: March 29, 2026, 7:17 p.m. | Source: Times Now
Gold Rate Today Live Updates: Gold prices in India are witnessing continued fluctuations as geopolitical tensions in West Asia keep global financial markets on edge. According to the Indian Bullion and Jewellers Association (IBJA), gold prices settled at Rs 1,42,942 per 10 grams on Friday, March 27. Since bullion markets remain closed over the weekend, these rates will hold for March 28 and 29.On the derivatives front, gold futures on the Multi Commodity Exchange (MCX) edged up by 0.15%, or Rs 218, to Rs 1,44,500 per 10 grams. Despite the modest gain, prices remain significantly below the all-time high of ₹1,80,779 recorded on January 29, highlighting the recent correction and volatility.The primary driver behind gold’s movement continues to be global uncertainty. Ongoing tensions in West Asia have pushed investors toward gold as a safe-haven asset. At the same time, fluctuations in crude oil prices and the strength of the US dollar are adding to market instability. Rising oil prices increase inflation risks, which typically support gold, while a stronger dollar can limit its upside.Retail prices vary across cities, with 24-carat gold trading around Rs 14,800–Rs 14,900 per gram in major markets like Delhi, Mumbai, and Chennai. Lower purity variants such as 22-carat and 18-carat gold are also seeing similar volatility, reflecting broader market trends.Experts suggest that gold is likely to remain range-bound but volatile in the near term. Analysts point out that while easing crude oil prices earlier provided some relief and triggered buying interest, persistent geopolitical risks continue to cap strong upward momentum.Going forward, the trajectory of gold prices will largely depend on three key factors: developments in the Iran-Israel conflict, movement in global crude oil prices, and central bank policy signals. Investors are expected to adopt a cautious approach, with dips attracting buyers and rallies facing resistance.In the current environment, gold continues to act as both a hedge against uncertainty and a barometer of global economic stress.Gold 22 carat: Rs 130935Gold 18 carat: Rs 107207Gold 14 carat: Rs 83621, Business News, Times Now
