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March 5: Gold and Silver Rates Climb; See 22K and 24K Prices in Your City
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Gold, Silver Prices Soar Today Amid Middle East Tensions; Check March 5 Rates
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News18
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05-03-2026, 09:29
Gold, Silver Prices Soar Today Amid Middle East Tensions; Check March 5 Rates
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Gold and silver prices rose on March 5, driven by escalating Middle East conflict and a softer US dollar.
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On MCX, gold increased 0.63% to Rs 1,62,542 per 10 grams, while silver rose 1.62% to Rs 2,69,895 per kg.
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In Mumbai's spot market, 24-carat gold reached Rs 1,64,500 per 10 grams, and 22K gold was Rs 1,50,790 per 10 grams (excluding GST).
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International US spot gold climbed 0.8% to $5,177.26 per ounce, with US gold futures up 1%.
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Geopolitical risks, including the US-Iran conflict escalation, are pushing investors towards safe-haven assets.
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