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Gold Holds Near Record Zone as Bullion Market Consolidates
Gold consolidates near ₹16,363 as strong structural demand supports bullion markets.
India’s gold market entered a consolidation phase on March 9, 2026 with 24K gold trading at ₹16,363 per gram. The slight decline from the previous session signals temporary cooling rather than a structural shift in prices. Analysts say strong jewellery demand and central bank buying, and global economic uncertainty continue to provide the underlying support for the precious metal.