Gold Retreats to ₹16,451 on March 4: Latest 24K, 22K and 18K Prices Across Major Cities

Gold prices in India have retreated after the sharp surge seen at the start of March. The 24K rate, which had jumped to ₹16,980 per gram on March 2, slipped to ₹16,762 on March 3 and further to ₹16,451 on March 4, indicating profit-taking following the recent breakout.

The rally had come after a brief late-February pullback, when prices hovered around ₹16,157–₹16,168 on February 26–27, following a peak of ₹16,189 on February 25. Earlier, gold had climbed from ₹16,135 on February 23 to ₹16,178 on February 24 and ₹16,189 on February 25 before easing.

Prior to that, prices had recovered to ₹15,649 on February 19 after slipping to ₹15,420 on February 17–18, and briefly eased to ₹15,617 on February 20 before staging the late-February rally, highlighting the persistent volatility in recent weeks.

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Gold Prices Today in India March 4, 2026

As of 10:50 AM on March 4, gold rate today across major Indian cities declines compared to the previous session. Below are the latest per-gram prices for 24K, 22K, and 18K gold across key regions:

• Gold Price Today in Mumbai: 24K at ₹16,451, 22K at ₹15,080, 18K at ₹12,338.
• Gold Price Today in Chennai: 24K at ₹16,582, 22K at ₹15,200, 18K at ₹13,100.
• Gold Price Today in Bangalore:24K at ₹16,451, 22K at ₹15,080, 18K at ₹12,338.
• Gold Price Today in Hyderabad: 24K at ₹16,451, 22K at ₹15,080, 18K at ₹12,338.
• Gold Price Today in Kerala: 24K at ₹16,451, 22K at ₹15,080, 18K at ₹12,338.
• Gold Price Today in Delhi: 24K at ₹16,466, 22K at ₹15,095, 18K at ₹12,353.

Recent Gold Price Movements in India

Here’s a snapshot of how gold prices have moved over the past few days:

• March 4th: 24K at ₹16,451, 22K at ₹15,080, 18K at ₹12,338.
• March 3rd: 24K at ₹16,762, 22K at ₹15,365, 18K at ₹12,572.
• March 2th: 24K at ₹16,980, 22K at ₹15,565, 18K at ₹12,735.
• February 27th: 24K at ₹16,157, 22K at ₹14,810, 18K at ₹12,118.
• February 26th: 24K at ₹16,168, 22K at ₹14,820, 18K at ₹12,126.

Gold prices in India have retreated after the sharp rally seen at the start of March. On March 4, the 24K rate declined to ₹16,451, down from ₹16,762 on March 3 and ₹16,980 on March 2, indicating profit-taking after the recent surge.

Similarly, 22K gold slipped to ₹15,080, compared with ₹15,365 on March 3 and ₹15,565 on March 2. The 18K rate also dropped to ₹12,338, down from ₹12,572 and ₹12,735 over the previous two sessions.

Despite the pullback, prices remain well above late-February levels, when 24K gold was trading around ₹16,157-₹16,168 on February 26-27. The recent decline suggests short-term consolidation following the strong early-March breakout.

Gold Market Outlook

Gold prices in India have pulled back after the sharp rally seen at the start of March. The 24K rate, which had surged to ₹16,980 on March 2, eased to ₹16,762 on March 3 and further to ₹16,451 on March 4, indicating profit-taking after the recent spike. Despite the decline, prices remain well above late-February levels around ₹16,157–₹16,168.

Similarly, 22K gold has slipped from ₹15,565 on March 2 to ₹15,365 on March 3 and ₹15,080 on March 4, reflecting a gradual cooling after the strong upswing.

The 18K rate has followed the same pattern, dropping from ₹12,735 on March 2 to ₹12,572 on March 3 and ₹12,338 on March 4. While the recent decline signals short-term consolidation, the broader trend still reflects strong momentum compared to the levels seen in late February.

Conclusion

As of March 4, gold prices across most major cities are hovering around ₹16,451 per gram for 24K, ₹15,080 for 22K, and ₹12,338 for 18K. Chennai continues to trade at a premium, with 24K gold at ₹16,582, while Delhi is slightly above the broader average at ₹16,466.

Although prices have cooled from the March 2 peak, gold remains elevated compared to late-February levels, suggesting continued underlying demand. However, with sharp moves seen over recent sessions, the metal is likely to stay sensitive to global cues, currency movements, and shifts in market sentiment.