Gold-Silver Rate Today: Gold price rises for the third consecutive day, gold becomes costlier by Rs 1,600, silver also jumps

Gold Silver Price Today 5 March 2026: A sharp increase in the prices of gold and silver was seen in the domestic commodity market on Thursday. The main reasons behind this surge are the increasing tension between America, Israel and Iran in the Middle East, strengthening of the dollar and less possibility of the US Federal Reserve cutting interest rates in the near future. Investors are moving towards gold and silver in search of safe investments.

This morning, gold prices rose by ₹1,600 per 10 grams, while silver prices rose by almost 2%. Experts say that due to uncertainties globally, investors are preferring traditional safe assets such as gold and silver.

Gold and silver prices on MCX

On the Multi Commodity Exchange (MCX), gold for April delivery was trading at ₹1,63,142 per 10 gram, higher by ₹1,600 or about 1% compared to the previous trading session. At the same time, silver for May delivery traded at ₹ 2,70,501 per kg, which saw a rise of about 2%. In the previous session, gold had closed at ₹1,61,525 and silver at ₹2,65,560 per kg.

International market also booming

There was a strong increase in the prices of gold and silver at the international level also. Spot gold rose 1% to $5,187 an ounce and spot silver rose 2.5% to $85.12 an ounce. Due to the continuing conflict in the Middle East, investors are turning to safer investments.

Also read: Share market regained its glory, huge jump in Sensex and Nifty due to the news of secret talks between Iran and America.

Gold prices in major cities

  • In Delhi, 24 carat gold is being sold at ₹1,62,380 and 22 carat gold at ₹1,48,848 per 10 grams.
  • In Mumbai, 24 carat gold is ₹1,62,660 and 22 carat gold is ₹1,49,105 per 10 grams.
  • In Kolkata, 24 carat gold is available at ₹1,62,450 and 22 carat gold is available at ₹1,48,913.
  • In Chennai, 24 carat gold is ₹1,63,130 and 22 carat ₹1,49,536 per 10 grams.
  • In Bengaluru and Hyderabad, 24 carat gold is being sold at ₹1,62,790 and ₹1,62,870 and 22 carat gold at ₹1,49,224 and ₹1,49,298 respectively.

Experts believe that due to global tension and domestic demand, gold and silver remain safe options for investors.

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