As of March 26, 2025, gold prices in India have experienced a modest decrease, reflecting the ongoing fluctuations in the precious metals market. The cost of 24-carat gold is currently pegged at ₹8,945.3 per gram, marking a decline of ₹330.0 from previous rates. Meanwhile, the price of 22-carat gold stands at ₹8,201.3 per gram, down by ₹300.0.
Recent Trends in Gold Prices
The price fluctuation of 24-carat gold over the past week has been recorded at a slight decrease of 0.7%, while the monthly change shows a more significant decline of -2.16%. Such fluctuations are not uncommon in the gold market, which is influenced by a myriad of factors ranging from global demand to economic conditions.
Current Silver Prices
In contrast to the gold market, the price of silver in India remains stable at ₹104,000.0 per kilogram, showing no change from previous days. This stability in silver prices may provide a contrasting investment opportunity for those looking to diversify their portfolios.
Gold Rates and Silver Prices in South Cities
The gold rates vary significantly across different cities in South India. Here’s a closer look at the current gold rates in the top five cities:
Gold Rate in Chennai
In Chennai, the gold rate today is ₹89,301.0 for 10 grams. This represents a decrease from yesterday’s rate of ₹89,791.0 and a notable drop from last week’s price of ₹90,471.0.
Gold Rate in Bangalore
Bangalore’s gold rate today is ₹89,295.0 for 10 grams, down from ₹89,785.0 yesterday and ₹90,465.0 last week. The consistent decline in prices may influence buying decisions among local investors.
Gold Rate in Hyderabad
Hyderabad reports a gold rate of ₹89,309.0 for 10 grams today, a decrease from ₹89,799.0 yesterday and ₹90,479.0 last week. The trend indicates a broader market adjustment affecting consumer sentiment.
Gold Rate in Visakhapatnam
In Visakhapatnam, the gold rate stands at ₹89,317.0 for 10 grams, down from ₹89,807.0 yesterday and ₹90,487.0 last week. This consistent decline across major cities highlights the current market dynamics.
Gold Rate in Vijayawada
Vijayawada’s gold rate today is ₹89,315.0 for 10 grams, reflecting a decrease from ₹89,805.0 yesterday and ₹90,485.0 last week. The ongoing price adjustments may prompt buyers to consider their investment strategies.
Silver Prices in South Cities
Similar to gold, silver prices also vary across South Indian cities. Here’s a snapshot of the current silver prices:
Silver Prices in Chennai
In Chennai, silver prices today are ₹112,600.0 per kilogram, unchanged from yesterday and down from ₹116,800.0 last week. This stability may attract investors looking for less volatile options.
Silver Prices in Bangalore
Bangalore’s silver price is ₹103,000.0 per kilogram, consistent with yesterday’s rate and down from ₹107,200.0 last week. The decline over the month may indicate a shift in market dynamics.
Silver Prices in Hyderabad
Hyderabad reports silver prices at ₹113,200.0 per kilogram, unchanged from yesterday and down from ₹117,400.0 last week. This trend may reflect broader economic conditions affecting precious metals.
Silver Prices in Visakhapatnam
In Visakhapatnam, silver prices are ₹111,600.0 per kilogram, stable from yesterday and down from ₹115,800.0 last week. The fluctuations in silver prices may provide opportunities for savvy investors.
Silver Prices in Vijayawada
Vijayawada’s silver price today is ₹114,000.0 per kilogram, unchanged from yesterday and down from ₹118,200.0 last week. This stability could be appealing for those looking to invest in silver.
Factors Affecting Gold Rates and Silver Prices
The prices of gold and silver are influenced by various factors, both domestic and international. Key influences include:
Global Demand: The overall demand for gold and silver worldwide plays a significant role in price changes.
Currency Fluctuations: Changes in the value of currencies, particularly the US dollar, relative to other currencies can affect the attractiveness of gold and silver as investments.
Interest Rates: Higher interest rates can make gold and silver less attractive as investments since they offer no interest income.
Government Regulations: Policies and regulations related to the gold and silver trade can impact prices.
World Events: Economic conditions, geopolitical events, and other global factors can influence the demand for and price of precious metals.
Insights from Jewelers
Jewelers, as experts in the precious metals industry, can provide valuable insights into market trends and potential price movements. Their expertise can guide consumers and investors in making informed decisions.
For those interested in checking the gold prices in major northern cities, click here.
In conclusion, the precious metals market remains dynamic, with gold and silver prices reflecting a complex interplay of factors. Investors and consumers alike should stay informed and consider market trends when making purchasing decisions.
For the latest updates on business news, market trends, and breaking news, visit Live Mint. Download the Mint News App for daily market updates and insights.
English 