Gold Rate Today: Gold Prices Crash Over Rs 1 Lakh per 24K/100g in 4 Days Amid Iran-Israel Conflict; Outlook

Gold rates in India have tumbled for the fourth straight day, registering sharp declines since March 2, 2026, as investor sentiment remained cautious amid global uncertainties. In just four sessions, 24 Karat (24K) gold has dropped by a staggering Rs 1,02,100 per 100 grams, while 22 Karat (22K) gold has also recorded a steep fall amid escalating conflict in the Middle East.

Gold Rate in India Falls By Over Rs 1 Lakh/24K in Just 4 Days Amid Iran-Israel, US Conflict

The conflict has now entered its sixth day, with United States and Israeli forces continuing to strike targets across Iran, while Tehran has responded with missile and drone attacks on neighbouring countries and key energy facilities, intensifying regional tensions and keeping global markets on edge.

Gold price today per 10 gram: On March 5, 2026, the price of 24K gold dropped by Rs 163 to Rs 16,288 per 10 grams, while 22K gold fell by Rs 150 to Rs 14,930 per 10 grams. The downward trend started on March 2, when 24K gold slipped by Rs 258 to Rs 17,051 per 10 grams, and 22K fell by Rs 235 to Rs 15,630 per 10 grams.

Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices on 6 March 2026

24 Karat Gold Rate Today in India

At the time of writing, the 24 Carat (24K) gold price per gram fell by Rs 163 to Rs 16,288 from previous session's Rs 16,451. For larger quantities, 8 grams of 24K gold was priced at Rs 1,30,304, down Rs 1,304, while 10 grams dropped Rs 1,630 to Rs 1,62,880. On a bulk basis, 100 grams of 24K gold slid sharply by Rs 16,300 to Rs 16,28,800 from Rs 16,45,100.

22 Karat Gold Rate Today in India

22 Karat (22K) gold rate per gram declined by Rs 150 to Rs 14,930 from Rs 15,080. For 8 grams, the price eased to Rs 1,19,440, down Rs 1,200. A 10 gram quantity fell by Rs 1,500 to Rs 1,49,300, while 100 grams dropped Rs 15,000 to Rs 14,93,000.

18 Karat Gold Rate Today

In the 18 Karat (18K) segment, the price per gram fell by Rs 122 to Rs 12,216 from Rs 12,338. For 8 grams, the cost declined by Rs 976 to Rs 97,728, while 10 grams slipped Rs 1,220 to Rs 1,22,160. On a larger scale, 100 grams of 18K gold dropped Rs 12,200 to Rs 12,21,600 from Rs 12,33,800.

Will Gold Rates Fall Further? Check Outlook

"From a sustainability perspective, markets do not move in a linear, but the underlying drivers supporting gold remain in place. Real interest rates are still critical. If global central banks gradually move toward rate cuts while inflation remains sticky, the opportunity cost of holding gold falls, helping prices consolidate at higher levels rather than set off a sharp correction," said Ross Maxwell, Global Strategy Operations Lead, VT Markets.

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