Gold and silver prices moved higher today after global tensions increased in West Asia. Investors are slowly shifting towards safe-haven assets like gold due to uncertainty in international markets. Experts say that continued geopolitical risks and rising crude oil prices are supporting precious metal demand.
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| Gold Prices Rise Slightly Amid Global Tensions |
As of March 2 morning, gold prices recorded a small increase across major Indian cities. Silver prices also remained strong and stayed above the ₹3 lakh per kilogram level in several markets. Analysts believe that if global uncertainty continues, gold prices may move closer to ₹2 lakh per 10 grams in the coming months.
Gold & Silver Price Update – India (02 March 2026)
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Market Trend
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Precious metal prices increased slightly due to global geopolitical tensions and safe-investment demand.
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24K Gold (India Avg.)
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Around ₹1,73,090 per 10 grams (Morning price).
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22K Gold (India Avg.)
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Around ₹1,58,660 per 10 grams.
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Silver Price Trend
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Silver crossed ₹3 lakh per kg in multiple cities amid rising global demand.
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Gold Rates – Major Cities (24K / 22K per 10g)
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| City |
24K Gold |
22K Gold |
| Hyderabad |
₹1,73,090 |
₹1,58,660 |
| Vijayawada |
₹1,73,090 |
₹1,58,660 |
| Delhi |
₹1,73,240 |
₹1,58,810 |
| Mumbai |
₹1,73,090 |
₹1,58,660 |
| Chennai / Bangalore / Kolkata / Pune |
₹1,73,090 |
₹1,58,660 |
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Silver Rates (Per Kg)
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Hyderabad & Vijayawada – ₹3,25,100
Chennai & Kerala – ₹3,25,100
Delhi, Mumbai, Bangalore, Kolkata, Ahmedabad – ₹2,94,900
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Expert Outlook
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Analysts expect gold may approach ₹2 lakh and silver ₹4 lakh if global tensions continue.
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Advisory Note: Gold and silver prices change frequently based on international markets. Always confirm live rates with local jewellers before buying.
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However, market experts advise buyers to check live rates before purchasing, as gold and silver prices change frequently during the day based on global market movements and currency fluctuations.
