March 12: Gold, Silver Prices Decline Today; Check 22K & 24K Rates in Delhi, Mumbai, & Other Cities
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Gold, Silver Prices Drop Today: Check Latest 22K & 24K Rates in Major Cities on March 12
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News18•12-03-2026, 10:24
Gold, Silver Prices Drop Today: Check Latest 22K & 24K Rates in Major Cities on March 12
•Gold and silver prices fell on March 12 due to a firmer US dollar and renewed inflation worries from higher oil prices, dampening hopes for interest rate cuts.
•On MCX, gold traded lower by 0.24% at Rs 1,61,402 per 10 grams, while silver fell 0.59% to Rs 2,66,901 per kg.
•24-carat gold in Mumbai was Rs 1,62,220 per 10 grams; 22K gold was Rs 1,48,700 per 10 grams (excluding GST and making charges).
•Key city rates for 22K and 24K gold on March 12: Delhi (22K: Rs 1,48,850, 24K: Rs 1,62,370), Mumbai (22K: Rs 1,48,700, 24K: Rs 1,62,220), and other major cities.
•International US spot gold was down 0.5% at $5,151.51 per ounce; US dollar strength and oil price jumps (due to US-Israeli war on Iran) contribute to market pressures.
