New Delhi/Jaipur, March 27, 2026: The bullion market is witnessing sharp volatility, with gold prices declining for the third consecutive day across India, while silver shows mixed trends—recovering in metro markets but plunging sharply in Rajasthan.
In New Delhi, 24-carat gold edged down by ₹10 to ₹1,43,050 per 10 grams, while 22-carat gold slipped to ₹1,31,140. Over the past three days, gold prices have fallen significantly by ₹3,070 (24K) and ₹2,810 (22K), indicating sustained pressure amid global uncertainty and shifting investor sentiment.
Across major cities like Mumbai, Kolkata, Bengaluru, and Jaipur, gold prices hovered in a similar range, with 24-carat gold trading between ₹1,42,900 and ₹1,44,550 per 10 grams.
Silver, however, painted a contrasting picture. In metro cities, it rebounded by ₹5,100 per kg over two days, trading around ₹2,35,100 per kg in Delhi, Mumbai, and Kolkata, while Chennai saw higher levels near ₹2,49,900 per kg.
In Rajasthan, the market witnessed a sharper correction. Silver prices plunged by nearly ₹9,000 per kg to around ₹2,20,600, while gold dropped by up to ₹2,000, with 24-carat prices falling near ₹1,43,200 per 10 grams. Cities including Jodhpur, Udaipur, Kota, and Ajmer reported similar declines.
Bullion traders attribute the fluctuations to global market weakness, a stronger rupee against the US dollar, and profit booking following recent sharp gains. While gold remains under pressure, silver’s movement reflects both industrial demand and short-term corrections.
