On March 25, 2025, gold prices have seen a slight decline in India, affecting both 24 carat and 22 carat gold rates. As of today, 24 carat gold is priced at ₹8,978.3 per gram, which is a drop of ₹210.0. Meanwhile, 22 carat gold is trading at ₹8,231.3 per gram, down by ₹150.0. This shift comes after a week where the price of 24 carat gold fluctuated by 0.2%, and a monthly decrease of 2.3% has been recorded. Silver remains stable, currently priced at ₹104,000.0 per kilogram.
Regional Gold Prices in South India
If you’re curious about gold prices in southern cities, here’s a snapshot of the current rates:
Gold Rates in Major South Indian Cities
- Chennai: Today’s gold rate is ₹89,631.0 per 10 grams, down from ₹89,801.0 yesterday and ₹90,031.0 last week.
- Bangalore: The current gold price stands at ₹89,625.0 per 10 grams, a decrease from ₹89,795.0 yesterday and ₹90,025.0 last week.
- Hyderabad: Gold is priced at ₹89,639.0 per 10 grams today, down from ₹89,809.0 yesterday and ₹90,039.0 last week.
- Visakhapatnam: Today’s gold rate is ₹89,647.0 per 10 grams, a drop from ₹89,817.0 yesterday and ₹90,047.0 last week.
- Vijayawada: Here, gold costs ₹89,645.0 per 10 grams, down from ₹89,815.0 yesterday and ₹90,045.0 last week.
Current Silver Prices in South India
Here’s how silver prices are faring across these cities:
- Chennai: Silver is priced at ₹112,600.0 per kilogram, a decrease from ₹112,700.0 yesterday and ₹115,800.0 last week.
- Bangalore: Today’s silver price is ₹103,000.0 per kilogram, down from ₹103,100.0 yesterday and ₹106,200.0 last week.
- Hyderabad: Silver costs ₹113,200.0 per kilogram today, a drop from ₹113,300.0 yesterday and ₹116,400.0 last week.
- Visakhapatnam: The price for silver is ₹111,600.0 per kilogram, down from ₹111,700.0 yesterday and ₹114,800.0 last week.
- Vijayawada: Today, silver rates are at ₹114,000.0 per kilogram, down from ₹114,100.0 yesterday and ₹117,200.0 last week.
Factors Influencing Gold and Silver Prices
Understanding the dynamics of gold and silver prices is essential for investors. Here are some key factors driving the fluctuations:
- Global Demand: Fluctuations in worldwide demand significantly affect the prices of these precious metals.
- Currency Fluctuations: Changes in currency values, particularly against the US dollar, can influence the attractiveness of gold and silver as investment options.
- Interest Rates: Higher interest rates can deter investment in gold and silver, as they do not yield interest income.
- Government Regulations: Policies regarding the trade of gold and silver can have a direct impact on pricing.
- World Events: Geopolitical situations, economic conditions, and other global factors can sway demand and pricing.
- Expert Insights: Jewelers provide valuable insights into market trends, aiding in understanding potential price movements.
For detailed insights on gold prices across major northern cities, feel free to explore here.