Gold Price Today [8 March 2026]: Gold Jumps to ₹1.63 Lakh/10g on Safe-Haven Demand Gold prices surged sharply on both domestic and international markets on March 8, 2026, driven by heightened demand as a safe-haven asset amid geopolitical tensions. The price of 24-carat gold in Delhi reached ₹1.63 lakh per 10 grams, marking a significant rebound from recent lows. International prices also climbed, with gold trading near $5,060 per ounce, reflecting investor confidence in its role as a hedge against economic uncertainty. The rally followed a period of volatility, with domestic prices fluctuating between ₹1.61 lakh and ₹1.68 lakh per 10 grams over the past month. Analysts noted that the Middle East crisis and global market instability have reinforced gold’s appeal as a store of value. Domestic buyers, including jewelers and investors, have been actively purchasing, while international traders are closely monitoring key support and resistance levels. In international markets, gold prices rebounded from recent lows, with the spot price hovering around $5,060 per ounce. Traders are now watching for potential upward momentum, with key resistance levels at $5,185 per ounce. The metal’s resilience underscores its importance in diversified investment portfolios, particularly amid inflationary pressures and currency fluctuations. Domestic demand remains robust, with Delhi’s 24K gold rate reaching ₹1.63 lakh per 10 grams, supported by both retail and institutional buyers. Online platforms and digital gold services have also seen increased activity, offering investors flexible options to participate in the market without physical bullion. For long-term investors, gold’s ability to recover from corrections highlights its enduring value as a hedge against market risks.#digital_gold #delhi #gold_price #middle_east_crisis #gold_etfs
