Gold Rate Today, 9 March Outlook: Rise in Gold Prices in India After Falling Nearly Rs 1.2 Lakh Per 24K/100gm

After several days of heavy losses last week, gold rates in India bounced back slightly over the weekend. The recovery followed a steep slide of nearly Rs 1.19 lakh per 100 grams in 24K gold in five sessions, as markets reacted to escalating tensions in the Middle East triggered by strikes on Iran carried out by the United States and Israel.

Gold Price Today After A Week of Ongoing Middle East Tension Between Iran and Israel

MCX Gold Rate Today

In the domestic bullion market, gold futures on the Multi Commodity Exchange of India (MCX) slipped Rs 470, or about 0.3 percent, over the past week.

International Bullion Prices

In the international market, gold prices were hovering around $5,171 on Sunday after strong buying activity lifted bullion in the previous trading session.

The yellow metal gained $21.62, registering a 0.42 percent daily increase, according to a report by Coingape. Investors are now closely monitoring the upcoming Federal Open Market Committee Meeting scheduled for March 17 and 18, as market participants await signals on the future trajectory of global interest rates.

Gold Rate Today in India: Check Latest 22K, 24K & 18K Gold Prices Per Grams on 9 March 2026

In the latest domestic price movement, gold rates in India moved slightly higher. After gaining Rs 251 in the previous trading session, the price of 24 Karat gold rose to Rs 16,364 per gram, while 22 Karat gold climbed Rs 230 to reach Rs 15,000 per gram.

24 Karat Gold Rate Today in India

As of early morning on March 9, 2026, 24 Karat gold was trading at Rs 16,364 per gram. For larger quantities, 8 grams of 24K gold is priced at Rs 1,30,912, while 10 grams stands at Rs 1,63,640. On a bulk basis, 100 grams of 24K gold is currently valued at Rs 16,36,400, remaining unchanged compared with the previous session.

22 Karat Gold Rate Today in India

Meanwhile, the rate for 22 Karat gold stood at Rs 15,000 per gram on early Monday. The price for 8 grams is Rs 1,20,000, while 10 grams of 22K gold is valued at Rs 1,50,000. On a larger scale, 100 grams of 22 Karat gold is currently priced at Rs 15,00,000.

18 Karat Gold Rate Today in India

In the 18 Karat gold category, the price stood at Rs 12,273 per gram at the time of writing. Accordingly, 8 grams of 18K gold is priced at Rs 98,184, while 10 grams costs Rs 1,22,730. For larger purchases, 100 grams of 18 Karat gold is currently trading at Rs 12,27,300 in the Indian market.

"Escalating tensions in the Middle East are prompting a noticeable shift in global liquidity, with investors rotating away from risk assets and increasing allocations to traditional safe havens such as the US dollar and government bonds. In an environment where geopolitical risks remain elevated, investors tend to prioritise capital preservation, which can tighten liquidity across equities and other risk-sensitive markets," said Justin Khoo, Senior Market Analyst - APAC, VT Markets.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.