On March 10, 2026, due to global political tension, the price of 10 grams of gold has increased from Rs 1.58 lakh to Rs 1.65 lakh. Therefore the price of one kg of pure gold is Rs 1.60 crore.
Gold has economic and cultural importance in India. The history of gold in the country is believed to be about 4000-5000 years old, in which evidence of trade of gold coins is found in the Indus Valley Civilization. India is the second largest consumer of gold.
The British mined gold from the Kolar Gold Fields. Currently India imports about 800 metric tonnes of gold annually. The gold mines located in Raichur district of Karnataka state of India are the major active gold mines which produce about 1.8 tonnes of gold every year.
Why are gold price rising in India?
There are many reasons for gold being expensive in India. Today the whole world is in the grip of war. Another country is fighting against the odds due to which the demand for necessary goods is increasing. You can understand from these main points why gold is becoming expensive.
- Geopolitical Tensions: Today, powerful nations are attacking the weak, increasing the demand for essential goods. The demand for gold is rising rapidly.
- High Dimand -In India, people buy gold during major festivals, which increases its value. People also worship gold items on certain major festivals. There is a lot of crowd at gold shops during big festivals.
- Weakening of Indian Currency: India imports a large amount of gold, which weakens the rupee against the dollar. This is also a major factor in the weakening of the Indian rupee.
- Inflation : An increase in inflation increases the price of gold. When the supply of a currency increases, rather than flattening it, its merchandising power decreases. The price of gold increases at the exchange rate.
22 Carat Gold Price in Delhi Today.
Gram Today Tommorrow Daily Price Change
1 gram 14,900 rs 18,835 rs +65 rs
8 Gram 19,200 rs 1,18,680 rs +520 rs
10 Gram 11,49,000 rs 1,48,350 rs +650 rs
100 Gram 14,90,000 rs 14,83,500 rs +6,50 rs
Gold price rise in Delhi
24 Carat Gold Price in Delhi Today.
Gram Today Tommorrow Daily Price Change
1 gram 16,253 rs 16,183 rs +70 rs
8 Gram 1,30,024 rs 1,29,464 rs +560 rs
10 Gram 1,62,530 rs 1,61,830 rs +700 rs
100 Gram 16,25,300 rs 16,18,300 rs +7,000 rs
Gold price (1Gram) in Delhi in the last 10 days.
Date 24 Carat 22 Carat
March 10, 2026 16,253 rs (+70) 14,900 rs (+65)
March 09, 2026 16,183 rs (-197) 14,835 rs (-180)
march 08, 2026 16,380 rs 15,015 rs
March 07, 2026 16,380 rs (+252) 15,015 rs (+230)
March 06, 2026 16,128 rs (-175) 14,785 (-160)
March 05, 2026 16,303 rs (-163) 14,945 rs (-150)
March 04, 2026 16,466 rs (-311) 15,095 rs (-285)
March 03,2026 16,777 rs (-289) 15,380 rs (-265)
March 02, 2026 17,066 rs (-257) 15,645 rs (-235)
March 01, 2026 17,323 rs (+437) 15,880 rs (+400)
Factors affecting gold price in India
There are many factors affecting gold in India which affect the price of gold, today we will tell you about these factors in detail.
Expansion of gold reserves:– India maintains gold reserves with the Reserve Bank of India and with central banks in other countries. These banks increase their gold reserves, causing sudden increases in gold prices. Demand for gold is rising in the country today, causing the prices of gold and silver to skyrocket.
Political Instability: It is considered a safe investment for investors. Even when there is a political upheaval, people go to gold because investors consider it a safe investment. Due to this tension, the price of 10 grams of gold reached Rs 1.6 lakh in 2026.
Interest Rates: Many banks in India offer gold loans, and the banks charge interest on the loan, which can range from 8% to 27%. This depends on the purity of the gold and the loan amount. Major companies like SBI, Canara, PNS and ICICI offer gold loans to customers at interest rates ranging from 8% to 24% per annum.
Dollar Currency Depreciation: This is also a reason for the increase in gold prices. Since gold prices in the international market are in dollars, when the dollar weakens, the price of gold increases.
Global War: Today the world is sitting on the edge of the barren land. Today the world is watching the Israel-Iran war and the Russia-Ukraine war. In such a time of crisis, people sell their property and buy gold, due to which the price of gold increases in these countries.
Why has the price of gold remained low?
Stock Market Slowdown: In India, 10% people invest in the share market. There is also a recession in the share market due to the Iran-Israel war and the Russia-Ukraine war. Due to this decline, the people who have invested in the share market lose their money. People in the country buy gold for financial security. When there is a decline in the share market of these people, then these people sell gold and silver in the market. Due to this, there is a fall in the price of gold.
Fall in Crude Oil Prices: The whole world is buying telecom from Iran. A terrible war is going on between Iran and Israel, due to which huge decline was seen in it. Many countries are buying raw oil from Iran. A fierce war is going on between Iran and Israel due to which raw oil prices have seen a decline of 11.94% to 15%. And due to this, gold prices have seen a decline.
Weakening of the Dollar: Due to trade uncertainty, the dollar is weakening, due to which gold is also weakening. Apart from this, American development is slowing down compared to developed countries. This puts pressure on the dollar and it becomes weaker. Due to this, gold becomes cheaper and the demand for gold increases.
How did gold originate in India?
The origin of gold in India is more than 3000 years old. It was extracted in the Kolar Gold Fields thousands of years ago. It is a very precious metal. In India, it is found in abundance in the mines of Kolar in the Mysore district. There are 5 gold mines in Karnataka from which gold is extracted by amalgamation and cyanide method. In 1955, 2,20 lakh gold grains were found from mining in Karnataka, which was worth Rs 169.15 crore in the international market. It remains have also been found in India’s ancient civilization Mohenjodaro and Indus Valley.
Who decides the price of gold?
The price of gold is set by London Bullion Market Association and COMEX. They decide the price of gold in the market. The price of gold in India is decided by the Indian Bullion Jewellers Association. When you buy gold from a jeweler’s shop, the price at which the jeweler sells the gold is called the spot rate, which is based on the commodity exchange rates. Gold rates in the Indian market are determined by considering supply, global market demand, and inflation. it prices in India are first set in consultation with the Bullion Market Association of London.
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