Sharp surge in gold and silver prices on Ram Navami; check latest rates
Gold-Silver Prices: A sharp surge in gold and silver prices has been witnessed on the occasion of Ram Navami. On March 26, 2026, gold rates in bullion markets across the country rose suddenly, impacting the pockets of jewelry buyers. In Delhi, 24-carat gold is trading at Rs 1,46,830 per 10 grams, while 22-carat gold is trading at Rs 134,610. Just a day earlier, gold prices in Delhi had seen an increase of Rs Rs 4,900—or approximately 3.38%.
Global geopolitical conditions are considered to be a major factor behind this surge. Reports regarding a potential ceasefire between the United States and Iran triggered volatility in crude oil and the US dollar, the effects of which directly impacted gold prices. However, Iran has rejected the US proposal, resulting in continued uncertainty within the market. In the global market, the price of gold has been recorded at $4,556.55 per ounce.
Upward trend in silver prices
The upward trend in silver prices continues. On the morning of March 26, the price of silver reached Rs 2,50,100 per kilogram. Just a day earlier, it had witnessed a significant surge of Rs 11,250. In the international market, silver is holding steady at $72.67 per ounce.
The prices of gold and silver in India depend on several factors. The value of the Rupee against the Dollar, crude oil prices, geopolitical tensions, and the balance between demand and supply play a pivotal role. Furthermore, import duties, GST, and the margins of local jewelers also influence the final price. This is why slight variations in rates are observed across different cities