As of March 7, 2025, gold prices have seen a slight dip, bringing the cost of 24-carat gold in India down to ₹8,765.30 per gram. This change signifies a decrease of ₹510.00. In contrast, 22-carat gold is priced at ₹8,036.30 per gram, reflecting a reduction of ₹470.00. Over the past week, the price of 24-carat gold has shown a decline of 0.64%, while the monthly fluctuation stands at -1.3%. Interestingly, silver prices have risen, currently sitting at ₹102,200.00 per kg, an increase of ₹1,200.00.

Regional Gold Prices in Northern India

Let’s take a closer look at gold prices in some major northern cities:

• Delhi: Today, the price for gold is ₹87,653.00 per 10 grams, compared to ₹87,563.00 yesterday and ₹87,003.00 last week.
• Jaipur: Gold is priced at ₹87,646.00 per 10 grams, down from ₹87,556.00 yesterday and ₹86,996.00 last week.
• Lucknow: Here, the gold price is ₹87,669.00 per 10 grams, slightly lower than yesterday’s ₹87,579.00 and last week’s ₹87,019.00.
• Chandigarh: Today’s price stands at ₹87,662.00 per 10 grams, down from ₹87,572.00 yesterday and ₹87,012.00 last week.
• Amritsar: The gold price is ₹87,680.00 per 10 grams, reflecting yesterday’s price of ₹87,590.00 and last week’s ₹87,030.00.

Silver Rates Across Northern Cities

Silver rates have also seen fluctuations in these regions:

• Delhi: The current silver rate is ₹102,200.00 per kg, which is an increase from ₹101,200.00 yesterday and ₹100,000.00 last week.
• Jaipur: Silver is priced at ₹102,600.00 per kg, up from ₹101,600.00 yesterday and ₹100,400.00 last week.
• Lucknow: Today’s rate is ₹103,100.00 per kg, compared to ₹102,100.00 yesterday and ₹100,900.00 last week.
• Chandigarh: The price is ₹101,600.00 per kg, rising from ₹100,600.00 yesterday and ₹99,400.00 last week.
• Patna: Silver is currently priced at ₹102,300.00 per kg, an increase from ₹101,300.00 yesterday and ₹100,100.00 last week.

Key Influences on Gold and Silver Prices

The prices of gold and silver are subject to numerous factors that influence their market value. Some of the main aspects include:

• Global Demand: Fluctuations in demand worldwide can directly affect prices.
• Currency Exchange Rates: Changes in currency values can impact the cost of these precious metals, especially in international markets.
• Interest Rates: Higher interest rates often lead to lower gold prices as investments shift to interest-bearing assets.
• Government Policies: Trade regulations and tariffs can also play a significant role in determining prices.
• Market Events: Global economic events, such as crises or conflicts, can cause sudden shifts in pricing.

For insights into the gold rates in southern major cities, click here.

Stay informed about these trends to make better investment decisions in precious metals.