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Gold Holds Near ₹16,450 in Mumbai as Bullion Market Consolidates

Mumbai gold prices hold near ₹16,450 per gram as bullion markets show consolidation.
Gold prices in Mumbai remained stable on March 5, 2026, with 24K gold trading at ₹16,450 per gram and 22K gold at ₹15,079. The marginal ₹1 decline from the previous session signals consolidation rather than a trend reversal. Market participants note that steady global bullion prices and stable rupee movement are helping maintain a narrow trading range in India’s financial capital.