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Gold, silver price today (March 2) in India: Gold slips, silver rebounds amid rising war tensions

Gold and silver prices in India saw significant fluctuations on March 2, 2026, driven by escalating tensions in the Middle East, particularly following US-Israel strikes on Iran. While gold prices initially surged due to safe-haven buying, profit booking led to a decline in some rates, with 24K gold falling to ₹16,980 per gram. In contrast, silver prices rebounded sharply amid the geopolitical crisis.

Gold, silver price today (March 2) in India: Gold slips, silver rebounds amid rising war tensions

Credit: Mathrubhumi

Key Highlights

  • 24K gold prices dropped to ₹16,980 per gram due to profit booking.
  • MCX gold futures surged by 3.5% to ₹1,67,915 per 10 grams.
  • Silver prices increased by 3.5% to ₹2,84,490 per kilogram.
  • The price fluctuations were triggered by US-Israel military actions against Iran.
  • The market volatility reflects heightened geopolitical tensions in the region.
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Sources

  1. Gold jumps over 3% on MCX as US–Israel strikes on Iran trigger safe-haven rush
  2. Gold Rate Today: Check the live price of 22K, 24K and 18K gold prices on 2 March 2026
  3. Gold rate today: MCX gold price rises above ₹1.67 lakh per 10 grams amid US-Israel-Iran war; silver price jumps 3%
  4. US-Iran War: Silver rate today on MCX rises as war in Middle East drives demand for safe-haven: What should you do?
  5. Gold, silver price today (March 2) in India: Gold slips, silver rebounds amid rising war tensions

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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