Gold Prices Ease to ₹16,168 on March 9: Latest 24K, 22K and 18K Rates Across Major Cities

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Last Updated: 9th March 2026 - 10:55 am

Gold prices in India have continued to retreat after the sharp surge seen at the start of March. The 24K rate, which had jumped to ₹16,980 per gram on March 2, declined steadily to ₹16,762 on March 3, ₹16,451 on March 4, ₹16,353 on March 5, and ₹16,211 on March 6, easing further to ₹16,168 on March 9. The gradual slide reflects sustained 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.

Gold Prices Today in India March 9, 2026

As of 10:49 AM on March 9, 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:

Recent Gold Price Movements in India

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

  • March 9th: 24K at ₹16,168, 22K at ₹14,820, 18K at ₹12,126.
  • March 6th: 24K at ₹16,211, 22K at ₹14,860, 18K at ₹12,158.
  • March 5th: 24K at ₹16,353, 22K at ₹14,990, 18K at ₹12,265.
  • 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.

Gold prices in India have continued to ease after the sharp rally seen at the start of March, extending their corrective trend into the latest session. On March 9, the 24K rate declined to ₹16,168, down from ₹16,211 on March 6, ₹16,353 on March 5, ₹16,451 on March 4, and ₹16,762 on March 3, reflecting sustained profit-taking after the recent surge.

Similarly, 22K gold slipped to ₹14,820 on March 9, compared with ₹14,860 on March 6, ₹14,990 on March 5, and ₹15,080 on March 4. The 18K rate also eased to ₹12,126, down from ₹12,158, ₹12,265, and ₹12,338 in the previous sessions.

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

Gold Market Outlook

Gold prices in India have continued to soften after the sharp rally seen at the start of March. The 24K rate, which had surged to ₹16,980 on March 2, declined steadily to ₹16,762 on March 3, ₹16,451 on March 4, ₹16,353 on March 5, and ₹16,211 on March 6, before easing further to ₹16,168 on March 9. The trend reflects sustained profit-taking following the recent spike, though prices remain broadly close to late-February levels around ₹16,157–₹16,168.

Similarly, 22K gold has slipped from ₹15,365 on March 3 to ₹15,080 on March 4, ₹14,990 on March 5, ₹14,860 on March 6, and further to ₹14,820 on March 9, indicating a gradual cooling after the strong upswing.

The 18K rate has followed the same trajectory, easing from ₹12,572 on March 3 to ₹12,338 on March 4, ₹12,265 on March 5, ₹12,158 on March 6, and ₹12,126 on March 9. While the recent decline signals short-term consolidation, prices remain relatively elevated compared to levels seen before the early-March rally.

Conclusion

As of March 9, gold prices across most major cities are hovering around ₹16,168 per gram for 24K, ₹14,820 for 22K, and ₹12,126 for 18K. Chennai continues to trade at a premium, with 24K gold at ₹16,309, while Delhi is slightly higher than the broader average at ₹16,183.

Although prices have cooled from the March 2 peak, gold remains relatively elevated compared to late-February levels, suggesting continued underlying demand. However, with prices gradually easing over the past few sessions, the metal is likely to remain sensitive to global cues, currency movements, and shifts in market sentiment in the near term.

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