It has been more than 19 days since the war broke out between Iran and Israel. Crude oil prices have increased rapidly since the beginning of the war. Also the stock market is in bad condition. Iran has completely distorted the movement of the stock market including gold and silver. In the last 4 days, the price of gold has decreased by Rs 50 thousand. At the same time, after 3 days of rally, the Indian stock market suddenly fell by about 2000 points today.
Gold prices continued to fall on Thursday, which further increased the ongoing decline this week. 24 carat (24K) gold fell sharply to Rs 154790 per gram, with a decline of Rs 2780. At the same time, 22 carat gold fell to Rs 141900 per gram, with a decline of Rs 2550.
According to Good Returns data, the price of 24 carat gold has fallen by about Rs 50,200 per 100 grams in just four trading sessions. This has affected the overall market environment, whereas generally this time is considered the best season for purchasing gold.
On March 19, 2026, silver prices in Delhi were Rs 260 per gram, which was Rs 5 less than Rs 265 per gram the previous day. For a slightly larger quantity, the price of 8 grams of silver was Rs 2,080, whereas earlier it was Rs 2,120. Thus, it declined by Rs 40. Similarly, the price of 10 grams of silver was Rs 2,600, which was Rs 50 less than Rs 2,650 in the previous session.
The price of 100 grams of silver was Rs 26,000, a decline of Rs 500. At the same time, the price of 1 kg silver fell to Rs 2,60,000, which was Rs 5,000 less than the previous day's Rs 2,65,000.
There was pressure on the stock market due to the Iran-Israel war. But the market had made a good recovery in the last 3 trading sessions. The resignation of HDFC Bank Chairman on Wednesday night changed the market sentiment again and there was a crash as soon as the market opened on Thursday. Lakhs and crores of rupees of investors were wiped out in just an hour.
