Mcx gold silver prices

Current State of MCX Gold and Silver Prices

As of March 8, 2026, the prices of gold and silver on the Multi Commodity Exchange (MCX) in India have shown notable fluctuations. The 24-carat gold price has reached ₹16,380 per gram, while the 22-carat variant is priced at ₹15,015 per gram. The 18-carat gold is trading at approximately ₹12,288 per gram.

In the previous trading session, MCX gold futures had peaked at ₹161,675 per 10 grams. This increase in futures prices indicates a rising trend in the gold market, influenced by both domestic demand and international market cues.

Silver prices have also been a point of interest, with the metal trading at ₹285 per gram on March 8. This price reflects a stable demand for silver, which is often viewed as a safe-haven asset alongside gold.

Earlier in the week, MCX gold futures tested the ₹1.70 lakh mark per 10 grams, showcasing the volatility and potential for significant price movements in the precious metals market.

Internationally, the spot gold price hovered around $5,174, further impacting local pricing dynamics. The correlation between global prices and local market trends is critical for investors and traders in India.

Market analysts suggest that these price movements are indicative of broader economic conditions and investor sentiment. Gold and silver prices in India are heavily influenced by global market cues and domestic demand, making them sensitive to various economic indicators.

As the market continues to evolve, stakeholders are advised to stay informed about price trends and market conditions. The current state of MCX gold and silver prices is a reflection of ongoing economic factors that could influence future trading decisions.

Overall, the recent developments in MCX gold and silver prices are significant for investors, traders, and those involved in the commodities market. Understanding these trends is essential for making informed investment choices.