Gold Prices Rise to ₹162,410 per 10 Grams in India; Experts Expect Range-Bound Movement

On 10 March 2026, the price of 24K gold at ₹162,410 per 10 grams, reflecting a gain of ₹1,700 compared to its previous close. Meanwhile, 22K gold is at ₹148,876 per 10 grams. Gold prices in India are largely influenced by international spot gold rates, US dollar fluctuations, and import duties on Gold among other things. Gold prices in India continue to remain higher than in Dubai. On 10 March 2026 the price of 24K gold in India is at ₹162,410 per 10 grams, while in Dubai it is ₹153,065, reflecting a difference of ₹9,345 or 6.11%. Similarly, 22K and 18K gold prices in India were also about 6.11% costlier compared to the price of gold in Dubai , not accounting for fees, duties, and taxes. Gold prices are trending upward on the back of a softer dollar and expectations of de-escalation in the West Asia conflict. A weak dollar makes precious metals like gold less expensive for other currency holders, thereby increasing demand. US President Donald Trump signalled that war with the Middle East could end soon, which weighed on the high prices of energy pushing the dollar down. Additionally, G-7 finance ministers said they would take necessary steps to support global energy supply which help cool down the concerns of a spike in inflation. ALSO READ Gold Rate Today 9th March 2026: Gold is down by 0.96%; check prices in Mumbai, Chennai, Delhi, Bengaluru A respite over inflationary concerns has scaled down the chances of rate hikes by the US Federal Reserve . High rates dampen the opportunity cost of holding non-interest yielding assets like gold. Analysts suggest that gold prices would remain range bound in the near-term before gaining further upside. The high energy prices had weighed on the prices of yellow metal over the past trading sessions. Markets currently expect monetary policy easing of 40-basis points by year-end, and further expect the Fed to keep the rates steady at its upcoming meeting. For further cues on gold prices, investors will watch out for key US inflation data due later this week. “MCX Gold April futures is expected to experience the positive momentum and Rs 163,000/10g is resistance for intraday today,” said Jigar Trivedi, Senior Research Analyst at Indusind Securities. Retail investors are advised to track not just domestic rates but also international trends before making buying decisions. ALSO READ Silver Rate Today 9th March 2026: Silver is down by 2.15%; check prices in Mumbai, Bengaluru, Hyderabad, Delhi, Ahmedabad