Gold Price Drops ₹143 Today: Check 24K & 22K Rates in India (March 18, 2026)

Gold Price Today (March 18, 2026): Gold and silver prices have slightly dropped today, offering a small relief to buyers. If you’re planning to invest or purchase jewellery, knowing the latest rates can help you make a smarter decision at the right time.

Gold Price Today in India: Latest Rates and Market Movement

Gold prices in India witnessed a minor decline on March 18, 2026. According to the India Bullion and Jewellers Association (IBJA), 24-carat gold (999 purity) is currently trading at ₹155,525 per 10 grams. However, on the previous day, gold closed at ₹155,668, which means today’s rate has dropped by ₹143.

Meanwhile, this slight dip comes as part of the regular fluctuation seen in bullion markets. Gold prices often change due to global economic trends, currency movements, and investor sentiment. Therefore, even a small price movement like this can create a buying opportunity for many investors.

Latest Gold Rates by Purity Level (March 18, 2026)

Gold prices vary depending on purity levels. Additionally, different carat values are used for different purposes, especially in jewellery and investment. Here are the latest gold rates based on purity:

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Gold Purity Price per 10 grams
24 Carat (999) ₹155,525
23 Carat (995) ₹154,902
22 Carat (916) ₹142,461
18 Carat (750) ₹116,644
14 Carat (585) ₹90,982

In addition, 22-carat gold—widely used for jewellery—has also seen a drop of ₹131 compared to the previous closing price of ₹142,592. As a result, buyers looking for ornaments may find this a slightly better time to make purchases.

Silver Price Today in India: Fresh Drop in Rates

Silver prices have also declined today, continuing the downward trend observed over the past week. As per IBJA data, silver is currently priced at ₹250,163 per kilogram. Previously, it was recorded at ₹252,340 per kilogram.

Consequently, silver has become cheaper by ₹2,177 per kilogram. Moreover, just last week, silver had crossed the ₹260,000 mark, indicating a noticeable fall in a short period. This fluctuation can be beneficial for bulk buyers and industrial users.

Why Gold and Silver Prices Change Daily

Gold and silver rates do not remain constant and change frequently. This happens due to several key factors influencing the global and domestic markets.

Firstly, international market trends play a crucial role. When global gold prices rise or fall, Indian prices follow the same direction. Additionally, the value of the Indian Rupee against the US Dollar also impacts bullion rates.

Moreover, demand during festive seasons and wedding periods increases gold prices, while lower demand can bring prices down. On the other hand, geopolitical tensions, inflation, and interest rates also significantly affect investor behavior.

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Therefore, keeping track of daily price movements is essential before making any buying or investment decision.

City-Wise Gold Prices in India Today

Gold prices may vary slightly across different cities due to local taxes, transportation costs, and demand. Here’s a quick look at today’s gold rates in major Indian cities:

City 22 Carat (10g) 24 Carat (10g)
Delhi ₹146,490 ₹159,800
Mumbai ₹146,340 ₹159,650
Chennai ₹146,340 ₹159,650
Kolkata ₹146,340 ₹159,650

Meanwhile, the difference in prices across cities remains minimal, ensuring a fairly uniform rate nationwide. However, buyers should still confirm local jeweller rates before purchasing.

Important Things to Know Before Buying Gold

If you are planning to buy gold, there are a few important points to consider. Firstly, always check the latest price on the same day of purchase. Additionally, make sure the gold is hallmarked to ensure purity and authenticity.

Moreover, remember that the rates provided by IBJA do not include GST or making charges. Therefore, the final price you pay at a jewellery store will be slightly higher.

In addition, avoid making rushed decisions based on short-term price drops. Instead, analyze trends and buy when it aligns with your financial goals.

Is This the Right Time to Buy Gold and Silver?

With a slight dip in prices today, many buyers may see this as an opportunity. However, gold is generally considered a long-term investment rather than a short-term trade.

Meanwhile, silver’s recent decline may attract investors looking for lower entry points. On the other hand, market conditions can change quickly, so timing should always be backed by proper research.

Therefore, whether you are buying for investment or personal use, staying informed about daily price trends is the key to making a smart decision.

Frequently Asked Questions

1. Why did gold prices fall today?
Gold prices dropped slightly due to normal market fluctuations influenced by global trends and currency movements.

2. What is the price of 24-carat gold today?
As of March 18, 2026, 24-carat gold (999 purity) is priced at ₹155,525 per 10 grams.

3. How much has silver price decreased today?
Silver prices have dropped by ₹2,177 per kilogram compared to the previous rate.

4. Do gold prices include GST?
No, the rates released by IBJA do not include GST or making charges.

5. Is it a good time to invest in gold now?
A slight price drop may be a good opportunity, but it’s best to consider long-term trends before investing.

 

Disclaimer: The information published on this website is for general informational purposes only. Readers are advised to verify all details from the official website or authorized sources before taking any action.

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