Gold Spot Price (gold/INR)
₹473,769.06
per troy ounce
Gold & Silver
1 oz
₹473,769.06
1 gr
₹15,232.02
1 kg
₹15,232,017.49
Prev Close
₹472,442.51
Open
₹473,769.06
Day High
₹475,541.31
Day Low
₹465,274.47
1 oz
₹7,710.52
1 gr
₹247.90
1 kg
₹247,898.69
Prev Close
₹7,677.47
Open
₹7,710.52
Day High
₹7,809.08
Day Low
₹7,507.42
Current Situation
As of March 6, 2026, gold prices are volatile, plunging on supply fears from potential Polish central bank sales and a US-Venezuela gold deal, but firming above $5,100 amid US dollar weakness and safe-haven demand (FXStreet, RoboForex).
Key Drivers
- Polish gold sales: Central bank governor considers selling reserves for defense, adding supply pressure (ZeroHedge reports).
- US-Venezuela deal: Up to 1,000 kg of Venezuelan gold entering US markets via Trump team brokered agreement (ZeroHedge).
- Geopolitical tensions: Markets assume a short war; prolonged conflict could lift gold as a safe haven (Peter Schiff on X).
- Dollar weakness: Renewed USD drop supports gold recovery despite profit-taking (FXStreet).
Short-Term Outlook (1-7 days)
Choppy trading likely with downside risks from supply news; watch $5,100 support and $5,186 resistance for direction amid medium confidence.
Long-Term Outlook (1-3 months)
Broader uptrend intact on safe-haven appeal if war drags on (Peter Schiff); analysts see strength above $5,100 but note supply uncertainties.
What to Watch
- Details on Polish sales scale/timing.
- Venezuela gold influx impact.
- Geopolitical war updates.
- US economic data releases.
Current price: ₹473,769.06/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | ₹473,769.06 | +₹1,326.55 | +0.28% | |
| 1 Week | ₹484,045.09 | -₹10,276.03 | -2.12% | |
| 1 Month | ₹457,633.61 | +₹16,135.45 | +3.53% | |
| 3 Months | ₹389,923.17 | +₹83,845.89 | +21.50% | |
| 6 Months | ₹331,448.48 | +₹142,320.58 | +42.94% | |
| 1 Year | ₹268,948.66 | +₹204,820.40 | +76.16% | |
| Since 2026 | ₹400,817.68 | +₹72,951.38 | +18.20% | |
| Since 2025 | ₹245,275.73 | +₹228,493.32 | +93.16% | |
| Since 2024 | ₹190,541.29 | +₹283,227.77 | +148.64% | |
| Since 2023 | ₹169,652.88 | +₹304,116.18 | +179.26% | |
| Since 2022 | ₹165,425.57 | +₹308,343.49 | +186.39% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | ₹473,769.06 | ₹472,442.51 | ₹475,541.31 | ₹465,274.47 | Today +1326.55 (+0.28%) |
Silver (XAG) | ₹7,710.52 | ₹7,677.47 | ₹7,809.08 | ₹7,507.42 | Today +33.05 (+0.43%) |