Gold and silver prices recorded a marginal decline on Friday, March 13, amid movements in the international market and the domestic commodity market. Futures prices for both gold and silver showed mild weakness on the Multi Commodity Exchange (MCX), while retail prices across several cities including Delhi, Mumbai, and Chennai registered minor changes.
MCX gold futures decline in early trade
In the domestic futures market, gold futures recorded a slight decline on Friday. On the MCX, gold futures with an April 2, 2026 expiry opened at ₹1,60,251 per 10 grams. In the previous trading session, the contract had closed at ₹1,60,271 per 10 grams.
At the time of writing, gold futures were trading lower by about ₹172. At around 10:03 am, the contract was trading at approximately ₹1,60,099 per 10 grams, reflecting a decline of about 0.11 percent.
During early trading hours, the gold price also touched a high of ₹1,60,401 per 10 grams. The movement indicates fluctuations in the market, with investors monitoring price trends.
Silver futures also register mild decline
Along with gold, silver prices also recorded a slight decline on Friday. On the MCX, silver futures with a May 5, 2026 expiry were trading at around ₹2,67,397 per kilogram, down approximately 0.21 percent.
Silver futures opened at ₹2,66,001 per kilogram. During the trading session, the contract reached a high of ₹2,69,186 per kilogram.
The movement indicates continued fluctuations in the silver market as investors track price direction.
Silver prices in Delhi and Kolkata
In the retail market, the price of 10 grams of silver in Delhi and Kolkata was around ₹2,800. Consumers would need to spend approximately ₹28,000 to purchase 100 grams of silver.
Silver is used both in jewellery and as an investment asset, and some buyers prefer silver compared with gold due to its lower price.
Silver prices in Mumbai and Chennai
Prices in other major cities were broadly at similar levels. In Mumbai, the price of 10 grams of silver was around ₹2,799.
In Chennai, silver prices were slightly higher, with 10 grams priced at around ₹2,900. Variations between cities occur due to local taxes, transportation costs, and demand.
Gold prices in Delhi
In the national capital Delhi, gold prices showed a slight decline on Friday.
The price of 24-carat gold was recorded at around ₹1,61,390 per 10 grams.
The price of 22-carat gold stood at about ₹1,47,930 per 10 grams.
The price of 18-carat gold was around ₹1,21,080 per 10 grams.
Gold prices in Mumbai
In Mumbai, gold prices were broadly similar to levels in Delhi.
The price of 24-carat gold was around ₹1,61,240 per 10 grams.
The price of 22-carat gold was about ₹1,47,800 per 10 grams.
The price of 18-carat gold stood at around ₹1,20,930 per 10 grams.
Gold prices in Chennai
In Chennai, gold prices were higher compared with some other cities.
The price of 24-carat gold was around ₹1,62,560 per 10 grams.
The price of 22-carat gold was about ₹1,49,000 per 10 grams.
The price of 18-carat gold stood at around ₹1,25,500 per 10 grams.
Gold prices in Kolkata
In Kolkata, gold prices were similar to those in Mumbai.
The price of 24-carat gold was around ₹1,61,240 per 10 grams.
The price of 22-carat gold stood at about ₹1,47,800 per 10 grams.
The price of 18-carat gold was around ₹1,20,930 per 10 grams.
Gold prices in Ahmedabad and Lucknow
In Ahmedabad, the price of 24-carat gold was around ₹1,61,290 per 10 grams.
The price of 22-carat gold was about ₹1,47,830 per 10 grams, while 18-carat gold was priced at around ₹1,20,980 per 10 grams.
In Lucknow, the price of 24-carat gold was around ₹1,61,390 per 10 grams.
The price of 22-carat gold was about ₹1,47,930 per 10 grams, and 18-carat gold was priced at around ₹1,21,080 per 10 grams.
Gold prices in Patna and Hyderabad
In Patna, the price of 24-carat gold was around ₹1,61,290 per 10 grams.
The price of 22-carat gold stood at about ₹1,47,830 per 10 grams, while 18-carat gold was around ₹1,20,980 per 10 grams.
In Hyderabad, the price of 24-carat gold was about ₹1,61,240 per 10 grams.
The price of 22-carat gold stood at around ₹1,47,800 per 10 grams, while 18-carat gold was priced at approximately ₹1,20,930 per 10 grams.
Gold purity and jewellery usage
Gold purity is measured in carats. Twenty-four carat gold is considered the purest form but is less commonly used for jewellery because of its softness.
Jewellery is typically made using 22-carat or 18-carat gold, which contain a mixture of other metals that increase durability.
