Gold prices showed limited movement across key Indian cities on March 4, 2026, during the morning session. Silver prices, however, remained firm across markets, indicating sustained momentum in the bullion segment compared with the previous trading session.
Precious metal prices in India typically respond to global market trends, currency movements, and geopolitical developments. Recent geopolitical tensions have continued to support safe-haven demand for bullion assets, contributing to elevated price levels in domestic markets.
| City | 24 Carat Gold (₹ per 10 grams) | Change |
| Chennai | 167,820 | +1,040 (+0.62%) |
| New Delhi | 166,980 | +950 (+0.57%) |
| Mumbai | 167,610 | +990 (+0.59%) |
| Kolkata | 167,610 | +990 (+0.59%) |
| Bangalore | 167,700 | +1,020 (+0.61%) |
| Hyderabad | 167,740 | +1,010 (+0.60%) |
Gold prices remained broadly stable across regions with only marginal differences between cities. Variations in local prices are generally influenced by logistics costs, regional demand patterns, and state-level charges rather than major shifts in national bullion pricing.
| City | Silver Rate (₹ per kilogram) | Change |
| Chennai | 294,900 | +5,810 (+2.01%) |
| New Delhi | 293,600 | +5,540 (+1.92%) |
| Mumbai | 294,100 | +5,050 (+1.75%) |
| Kolkata | 293,900 | +5,240 (+1.81%) |
| Bangalore | 294,300 | +5,420 (+1.88%) |
| Hyderabad | 294,500 | +5,390 (+1.86%) |
Silver prices recorded gains across tracked markets, reflecting renewed buying interest in the white metal segment. Industrial demand expectations and global market movements also contributed to the price momentum observed in domestic markets.
Gold prices across Indian cities remained largely steady during the session, indicating balanced demand conditions in the physical bullion market. Minor price differences between cities typically reflect regional logistics costs and local market dynamics rather than significant directional changes.
In contrast, silver continued to show stronger momentum, with price increases recorded across several markets. The recent rise in precious metal prices has been supported by safe-haven demand amid geopolitical uncertainty and global economic volatility.
Read More: Stocks to Watch on March 04, 2026.
On March 4, 2026, gold prices across major Indian cities remained steady with only marginal adjustments. Silver registered firm gains across all tracked centres, supported by domestic and global demand cues.
The contrasting movements reflected the differing demand profiles of the two metals. Market participants continued monitoring external developments influencing bullion pricing.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 4, 2026, 9:57 AM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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