Gold prices today: Check live rates of 24K, 22K, 18K gold on 16 March 2026 in Delhi, Mumbai, Bengaluru, other cities
Analysis of this story by livemint_markets · 16 Mar 2026, 10:46 AM IST (about 2 months ago)
AI Analysis
Rising energy costs and inflation concerns are driving global gold prices down, impacting the Indian market. A stronger US dollar further dampens gold's appeal, potentially shifting investor focus away from safe-haven assets.
Trading Insight
Maintain a bearish bias on gold and related financial instruments; consider short positions or reducing long exposure in gold ETFs and gold loan companies.
Quick check: NIFTY neutral, BANKNIFTY neutral.
Key Evidence
- •Gold prices fell on Monday.
- •MCX gold rate is at ₹1,57,241 per 10 grams.
- •The fall is attributed to rising energy costs and inflation concerns.
- •Online context indicates gold edged lower to $5,018 globally due to dollar strength.
- •Risk flag: Sudden escalation of geopolitical tensions could reverse gold's downward trend.
Sources and updates
Original source: livemint_markets
Published: 16 Mar 2026, 10:46 AM IST
Last updated on Anadi News: 16 Mar 2026, 10:48 AM IST
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