Gold prices in India on Thursday, March 5, 2026, are updated based on prevailing market trends and data compiled from leading jewellers across the country.

The rates reflect fluctuations in global bullion markets, movements in the rupee against the US dollar, and domestic demand patterns. Gold prices are typically quoted for different purity levels, mainly 24-carat (99.9% purity) and 22-carat (91.6% purity), and may vary slightly across major cities such as Delhi, Mumbai, Chennai and Bengaluru due to local taxes and transportation costs. Gold remains a key investment asset and a traditional store of value in India, particularly during the wedding and festival seasons. The table below shows the latest per-gram prices of 22K and 24K gold across major Indian cities.

Gold rates in major Indian cities on March 5, 2026 (1 gram)

Silver prices

Silver prices in India on Thursday, March 5, 2026, are influenced by trends in global precious metal markets, currency movements, and domestic demand from both investors and industry. The metal is widely used in jewellery, coins and investment products, while also playing an important role in sectors such as electronics, solar energy and manufacturing. Because of these multiple demand drivers, silver prices tend to respond to both industrial activity and safe-haven investment trends. Rates may vary slightly across major cities, including Delhi, Mumbai, Chennai and Bengaluru, due to local taxes, transportation costs and regional market conditions. The table below shows the latest silver prices per kilogram in key Indian cities today.

Silver rates in major Indian cities on March 5, 2026

What's driving the market?

Commodity analysts said the latest movements in bullion prices are being shaped by a mix of global and domestic factors. Persistent geopolitical tensions continue to support safe-haven demand for precious metals, while fluctuations in the Indian rupee influence the landed cost of imports. Seasonal buying ahead of the wedding and festival period has also contributed to demand in the domestic market. In addition, investors are closely watching inflation trends and potential policy signals from the Reserve Bank of India, which could influence sentiment in the bullion market.

Advice for buyers and investors

Market experts advised consumers to remain cautious amid intraday price volatility and to ensure that any jewellery purchases carry proper BIS hallmark certification. Buyers are also encouraged to compare prices across multiple jewellers and carefully verify invoices for purity, weight and additional charges. For investors considering larger allocations, analysts recommend keeping a close watch on global bullion trends and currency movements, as precious metal prices remain sensitive to international economic and geopolitical developments.