Gold and Silver Prices Remain Stable Amid Middle East Tensions

New Delhi, 26 March 2026 – Gold and silver prices in India held steady on Thursday as ongoing tensions in the Middle East between Israel, the US, and Iran continued to influence investor sentiment. The price of 24-carat gold was recorded at ₹1,43,985 per gram, while 22-carat gold stood at ₹1,31,890.26 per gram. Silver also maintained its previous levels, trading at ₹2,34,474 per kilogram in the national capital.

City-wise rates showed some variation with 24-carat gold priced at ₹1,45,280 per gram in Chennai, ₹1,44,128 in Mumbai, and ₹1,45,136 in Kolkata. The corresponding 22-carat gold rates were ₹1,33,077, ₹1,32,022, and ₹1,32,945, respectively. For silver, Chennai recorded ₹2,36,584 per kilogram, Mumbai ₹2,34,708, and Kolkata ₹2,36,349, reflecting relative stability across the major markets.

The steady trend in precious metals came as investors awaited clearer signs of de-escalation in the Middle East crisis. Spot gold on international markets was stable at $4,503.29 per ounce, while US gold futures for April delivery slipped slightly by 1.2% to $4,500. Spot silver dipped 0.1% to $71.19 per ounce, with platinum and palladium also showing minor declines.

Market experts noted that gold prices will remain sensitive to news related to negotiations between the US and Iran. Kyle Rodda, senior financial market analyst at Capital.com, observed that prices over the next 24 to 48 hours are likely to react primarily to updates on diplomatic talks and geopolitical developments in the region.

The ongoing uncertainty underscores the role of precious metals as a safe-haven investment, with both gold and silver attracting cautious attention from traders and investors amid the volatile international scenario.