Gold prices in Delhi have fallen sharply today, down ₹278 per gram on 24K from yesterday’s close. The correction mirrors a broad pullback in global gold markets overnight, driven by a stronger US dollar and easing of the geopolitical risk premium that had been supporting safe-haven buying in recent weeks. Here is a full breakdown of today’s rates if you are planning to buy jewellery or invest in gold in Delhi today.
Delhi Gold Rate Today — March 19, 2026 (Per Gram)
| Karat | Purity | Per Gram | Per 10 Grams |
|---|---|---|---|
| 24K | 99.9% | ₹15,479 | ₹1,54,790 |
| 22K | 91.6% | ₹14,190 | ₹1,41,900 |
| 18K | 75.0% | ₹11,613 | ₹1,16,130 |
Rates are retail averages for Delhi as of today. Making charges, wastage, and 3% GST are not included and will be added at the point of purchase.
Delhi Quotes Marginally Above the National Average
Delhi’s 24K rate of ₹15,479 per gram sits ₹15 above the national benchmark of ₹15,464 set in Mumbai today. This is a consistent pattern — Delhi typically quotes slightly higher than Mumbai due to local levies and the logistics cost of moving bullion from Mumbai to the capital. Despite today’s sharp fall, the relative premium Delhi carries over the national baseline remains unchanged.
The NCR jewellery market — centred around Karol Bagh and Chandni Chowk — is one of the most price-sensitive in the country. A ₹278 per gram single-day drop tends to draw immediate buying interest from both retail jewellery buyers and wholesale traders who use dips to stock up inventory ahead of the wedding and festive season.
What Is Driving the Fall Today?
The primary driver is a firmer US dollar, which has reduced the appeal of dollar-denominated commodities including gold for international buyers. Institutional profit-taking after gold’s extended run near historic highs around $5,000 per ounce internationally has added to the selling pressure. Domestically, MCX gold futures opened lower in line with global cues and have been tracking the international move throughout the session.
For Delhi buyers, the rupee’s movement against the dollar also plays a direct role. A relatively stable rupee today has meant that the full force of the international price correction has passed through to domestic rates without any currency cushion.
Is Today a Good Day to Buy in Delhi?
For jewellery buyers with a fixed occasion — a wedding, an anniversary, or a festival purchase — today’s dip is a genuine opportunity to buy at a level that was not available yesterday. For investment buyers, a nearly ₹280 per gram correction in a single session is the kind of move that historically attracts fresh physical demand, which can support a partial recovery in subsequent sessions. Whether prices fall further or recover from here depends on how global macro factors — dollar direction and geopolitical developments — evolve over the next few days.
Quick Buying Guide
22K is the standard for Delhi’s wedding and traditional jewellery market. 24K is your reference for coins, bars, and digital gold investment. 18K suits contemporary and diamond-studded designs. Add making charges (₹300–₹600 per gram), wastage if applicable, and 3% GST before finalising your budget. Always verify BIS hallmarking and a valid HUID on every piece. For real-time rates, check MCX.
Disclaimer: Rates are retail averages for Delhi as of March 19, 2026. Actual prices may vary by jeweller. Not financial advice.