Gold rates in India wrapped up February 2026 on a firm note, marking a sharp turnaround after early-month weakness. In the latest trading session, 24 Karat (24k) gold surged by Rs 71,400 per 100 grams, closing the month with an overall gain of +5.06% or Rs 81,300 per 100gm, while 22 Karat (22K) gold rose by +5.05%.
On a per-gram basis, 24K gold settled at Rs 16,871 per gram, up Rs 714 from the previous session, and 22K gold closed at Rs 15,463, gaining Rs 653. Even 18K gold witnessed a notable rise, ending at Rs 12,653 per gram.
Gold Rate Today: Latest 22K, 24K & 18K Gold Prices Per Gram on 1st March 2026 Amid Iran-Israel Tension
24 Karat Gold Rate Today
As per the latest trading session, 24 Karat gold closed at Rs 16,871 per gram, up from Rs 16,157, marking a Rs 714 rise per gram. On a larger scale, 10 grams of 24K gold rose by Rs 7,140 to Rs 1,68,710, while 100 grams climbed by Rs 71,400 to Rs 16,87,100.
22 Karat Gold Rate Today
Meanwhile, 22 Karat gold settled at Rs 15,463 per gram, gaining Rs 653, with 10 grams priced at Rs 1,54,630 and 100 grams at Rs 15,46,300, reflecting a jump of Rs 65,300 per 100 grams.
18 Karat Gold Rate Today
18K gold also registered notable gains, ending at Rs 12,653 per gram, up Rs 535. Meanwhile, on a larger scale, 100 grams of 18K gold rose by Rs 53,500 to Rs 12,65,300.
Weekly Gold Price Forecast for First Week of March 2026; Gold Rate Prediction For 1st March 2026
As markets open in March, gold and silver prices are expected to react closely to geopolitical headlines, currency movements, and bond-yield trends. With February ending on a strong note and risk sentiment elevated, gold is likely to remain sensitive to developments in the Middle East during the first week of March 2026. Any escalation could support prices further, while de-escalation may lead to temporary consolidation after the recent sharp rally.
US-Iran Tension: Will It Gold Prices? Check Expert’s View
“US-Iran tensions can add a further risk premium, particularly to gold, as energy market instability and Middle East uncertainty tend to boost flows towards hedging assets. Such geopolitical issues typically create short-term volatility spikes rather than sustained trends unless they evolve into prolonged supply disruptions or broader regional conflict,” said Ross Maxwell, Global Strategy Operations Lead, VT Markets.
Rally in Gold and Silver Prices Continue: Check Monthly Performance
Both gold and silver are ending February near record territory, marking an impressive turnaround considering how the month began. An early-February correction had pushed gold sharply lower before buyers stepped back in with conviction. Silver’s price movements were even more volatile during the month, but it staged a strong recovery alongside gold.
Global Bullion Markets Support Positive Sentiment
From their respective February lows, gold prices are now up roughly 19% from around $4,400 an ounce, while silver has rallied more than 45% from near $64 an ounce. This strong rebound in global markets has reinforced domestic sentiment, helping Indian gold prices close the month on a firm footing.
Looking ahead to March, geopolitical developments are emerging as a critical driver. Rising tensions in the Middle East following Iran’s attack involving Israel and the United States have increased uncertainty across global financial markets. Such events typically raise demand for safe-haven assets, including gold and silver.
Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as “we”). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.
