gold and silver prices have experienced a decline across several major cities in India. In Delhi, the price of 10 grams of 24-carat gold has dropped to ₹90,383, while the silver price has decreased to ₹1,06,000 per kilogram. Gold rates have taken a dip after Saturday’s trading, with the rate for 24-carat gold at ₹9,038.3 per gram, which is ₹460 lower than the previous day. Similarly, 22-carat gold stands at ₹8,286.3 per gram, down by ₹420.
Looking at recent trends, the price of 24-carat gold has reduced by 0.86% over the past week and has fallen by 2.65% in the past month. The silver price, which was ₹1,08,200 per kilogram on 21st March, has also seen a drop of ₹2,300, bringing the current price to ₹1,06,000 per kilogram. The rates of both gold and silver have been volatile over the past few days, with fluctuations being observed across various cities.
In Delhi, the price of gold was ₹90,623 per 10 grams on 21st March and ₹89,843 on 16th March 2025, indicating a slight downward movement. Similarly, the price of silver in the capital city decreased from ₹1,08,200 on 21st March to ₹1,06,000 today, showing a clear downward trend over the week.
In Chennai, the price of 24-carat gold today is ₹90,231 per 10 grams, down from ₹90,471 yesterday. Last week, it stood at ₹89,691 per 10 grams, reflecting a similar decline. The silver rate in Chennai has also reduced to ₹1,14,600 per kilogram, compared to ₹1,16,800 on 21st March and ₹1,14,700 last week.
In Mumbai, 24-carat gold is priced at ₹90,237 per 10 grams, down from ₹90,477 yesterday and ₹89,697 last week. The silver price in Mumbai also dropped to ₹1,05,300 per kilogram from ₹1,07,500 the day before and ₹1,05,400 last week.
Kolkata has also seen a decrease in the prices of gold and silver. The price of gold is ₹90,235 per 10 grams today, down from ₹90,475 yesterday. The silver rate in Kolkata stands at ₹1,06,800 per kilogram, down from ₹1,09,000 on 21st March.
The fluctuations in gold and silver prices are influenced by several factors, including global demand, currency variations, interest rates, and government policies. Additionally, the strength of the US dollar and the state of the global economy also play a significant role in determining prices in India. As we move towards the future, the prices of precious metals are expected to remain sensitive to these factors, with global economic conditions playing a crucial role in determining the price trends.
